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

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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.
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    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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    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
    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
    Groveton Green Apartments
    9401 Groveton Circle, Owings Mills, MD 21117
    Welcome to Groveton Green Luxury Apartments for rent in Ownings Mills, MD. Our new one, two, and three bedroom homes offer spacious interiors and stylish features throughout. We are offering one month
    (866) 492-9499
    Shear Expressions
    422 S Angle St, Mount Joy, PA 17552
    (717) 653-8065
    Lms Commercial Real Estate
    120 N Pointe Blvd, Lancaster, PA 17601
    (717) 569-9373
    Koskap Partners
    600 Eden Rd, Lancaster, PA 17601
    (717) 519-1524
    Commercial Prime Properties Industrial & Commercia
    150 Farmington Ln Ste 2, Lancaster, PA 17601
    (717) 569-7700
    Penn Partners Commercial Real Estate
    930 Red Rose Ct Ste 200, Lancaster, PA 17601
    (717) 283-0600
    Moore Real Estate Corp
    780 Eden Rd Ste 16, Lancaster, PA 17601
    (717) 569-5161
    Commercial Industrial Brokers Inc
    1525 Oregon Pike, Lancaster, PA 17601
    (717) 291-1644
    Re/Max
    1776 Harrisburg Pike, Lancaster, PA 17601
    (717) 293-9000
    Rauch Real Estate
    407 Chestnut St, Lebanon, PA 17042
    (717) 274-2546
    Century 21 Krall Real Estate
    1640 Cornwall Rd, Lebanon, PA 17042
    (717) 273-1631
    C I B I
    1821 Oregon Pike, Lancaster, PA 17601
    (717) 291-1644
    Re/Max
    570 Lausch Ln Ste 100, Lancaster, PA 17601
    (717) 560-9700


    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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