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Cressona, Pennsylvania - Real Estate Commercial & Industrial search results Premier Listings

Commercial and Industrial Real Estate Terms to Know

Whether you are listing a property or looking to purchase office space, a real estate agent that specializes in commercial and industrial transactions can help. For buyers, a professional agent or broker will be familiar with property listings in the area, average rent or lease rates, and finding the best building for your needs. For sellers, an agent can create a listing, appraise value, and show the property to prospective tenants. Here are some real estate terms that may be necessary to know before any transaction.

  • Industrial Property – A commercial property used for production, manufacturing or distribution.
  • Building Classifications – Office space and industrial-use properties are classified A, B, C or D based on their quality, age, condition, location and market appeal. A grade of ‘A’ being the highest.
  • Escrow Agreement – A written agreement between a real estate buyer and seller than specifies the obligations of both parties, and any funds to be deposited in escrow to cover the related costs of the sale.
  • Security Deposit – In a rental arrangement, a payment made to a landlord or property owner to secure the lease. This deposit should be refundable when the lease has ended.
  • Comparables – The purchase or rental costs of similar commercial or industrial space in an area. Buyers use comparables to rate the value of the property they wish to lease or buy.
  • Flex Space – A building that allows occupants options in dividing up space as needed, such as between office and showroom, or showroom and warehouse.
  • Percentage Lease – An arrangement between a property owner and renter, in which the owner is paid a percentage of the tenant’s gross sales as part of the rent.
    National Association of Realtors
    Washington, DC 20001
    The agents and brokers in our association are dedicated to providing the best services in commercial and industrial real estate. Find a firm or broker near you within our association.
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    Express Business Center
    7150 Hamilton Blvd, Trexlertown, PA 18087
    Express Business Center Deals in: Printing & Copying Packing & Shipping Blueprints & Lamination Notary Services & More.
    (610) 366-1970
    Mitros Insurance
    1770 E Lancaster Ave Ste 8, Paoli, PA 19301
    Mitros Insurance is located in Paoli, PA 19301. We can provide solutions for both personal and commercial insurance needs. Our goal is to build a long lasting relationship, with our customers knowing that we have their best interest in mind.
    (610) 296-2600
    Robin Real Estate
    338 Eagles Mere Avenue, Eagles Mere, PA 17731
    Contact us at (888) 450-2158 in Eagles Mere, PA, for real estate services and lists of homes for sale.
    (888) 450-2158
    Dugan Hugh Real Estate
    30 W Broad St, Tamaqua, PA 18252
    (570) 668-0200
    Gownley Appraisal Group
    Reading, PA 19605
    (610) 375-1566
    Reich Realty
    827 Willow St, Lebanon, PA 17046
    (717) 273-8861
    K P C Maintenance
    333 Normal Ave, Kutztown, PA 19530
    (610) 683-6875
    La Maison Real Estate Inc
    122 N 5th St, Reading, PA 19601
    (610) 371-9207
    Knoblauch Inc Real Estate
    619 Walnut St, Reading, PA 19601
    (610) 376-4821
    Brite Realty Services Inc
    2130 Penn Ave, Reading, PA 19609
    (610) 375-4312
    Dagrosa Appraisal Company
    2033 Penn Ave, Reading, PA 19609
    (610) 678-0210
    Sands & Co Real Estate
    138 Stephen Rd, Reading, PA 19601
    (610) 376-9999
    Re /Max of Reading Realtors
    1290 Broadcasting Rd, Reading, PA 19610
    (610) 670-2770
    Shuman Development Group
    50 N 5th St Ste 5, Reading, PA 19601
    (610) 736-9393
    Broad Street Business Exchange
    100 W Broad St, Hazleton, PA 18201
    (570) 450-6111

    Commercial real estate is for sale in various parts of the United States. There are numerous licensed agents that specialize specifically in this type of property. Just so you know, commercial real estate is essentially office buildings, small shop spaces, and other business listings. While some people invest in this type of property, other people lease it in order to start a business or company of their own. For instance, someone may purchase a small commercial space in order to open up a retail clothing shop. As you may know, different commercial real estate brokers handle or manage the sales different properties. Typically a buyer must take out a mortgage loan in order to buy a commercial office building or piece of land. Some commercial spaces have park views or lake scenery that makes them more valuable. Depending on the market and the location of a property, the cost may vary greatly. Typically a professional will have to appraise the commercial real estate in order to determine how much it is worth. This will also determine how much a bank will lend the buyer for the property. Many people hire commercial real estate agents on a short term basis in order to help them find the right room or office space development. You can learn more about commercial real estate agents, and the conditions that apply to purchasing commercial properties by contacting experts in your town or city. This way you can make any inquiries you feel are necessary over the phone.
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