On January 02, 2018
Investors often think about buying commercial real estate for cash flow, with the difference between the rental income, operating expenses, and the mortgage payment resulting in income. But what if your primary motivation is to grow your business operations in a new location?
If you have read Five Reasons to Lease Commercial Real Estate you may have already started asking questions about the real estate solution that best fits your needs. Here’s why you should consider keeping the option to buy on the table until you have consulted your real estate professional.
On November 30, 2017
Business is growing or changing, and it’s time to move? There’s nothing quite like owning your own building to house your organization and to meet the special requirements of your processes, equipment, etc. But is owning really the best way to go?
Before you start scouting for an existing building or contemplating new construction, consider these five reasons to lease. If any of these clicks, make a call to your real estate professional ...read more..
On November 08, 2017
From Central Penn Business Journal
A California-based investor has paid $1.7 million to buy a student housing complex near Shippensburg University.
Matthew Wolf and Mike Bowser of High Associates Ltd. represented the buyer and the seller in the deal for Britton Court, a 24-unit housing complex at 20 Britton Court in Shippensburg Township. The deal closed on Oct. 25.read more..
On June 20, 2017
“You will be the same person in five years as you are today except for the people you meet and the books you read.”
Heading to the beach? Choose from these must-reads to help change the way you think, learn about topics of interest, and help reinforce your personal financial strategy.read more..
On December 20, 2016
“Superforecasting: How to Ensure a Successful Closing” is the eleventh and final step in our key issues in all real estate transactions.
At closing, the final stage of a real estate transaction, missing even the smallest detail can have a critical impact on the overall success or failure of the deal, as well as client satisfaction. It is the responsibility of the broker to carefully coordinate and manage these final steps to ensure a successful transaction. In order to do that, one must learn to “predict the future.”
On November 17, 2016
Overall projections for four major commercial sectors and analyzes quarterly data in the office, industrial, retail and multifamily markets.read more..
On September 20, 2016
We need to always be aware of time provisions in contracts. Time provisions mean what they say and cannot be ignored. A recent Minnesota case, Contractors Edge, Inc. v. City of Mankato, illustrates this point. This case involved a public works project, the owner being a municipality. The holding of the case, however, applies to all contracts.read more..
On July 27, 2016
“Finalizing Transaction Agreements” is the tenth step in our key issues in all real estate transactions.
After putting forth the necessary time and effort into building a trustworthy relationship and negotiating a deal, there is one document that is the most significant component of the entire transaction: The Agreement of Sale. Every conversation, discussion and negotiation leads up to this crucial step in securing an arrangement for the buying and selling of a property.read more..
On July 13, 2016
“Negotiating Terms of the Transaction” is the ninth step in our key issues in all real estate transactions.
The foundation of any effective business deal is a trustworthy relationship. In real estate, we must understand four crucial components of the transaction in order to be successful: Letters of Intent, Agreements, Offer Language, and Counter Offers. Whether you are buying or selling, understanding how to interact positively and proactively throughout the transaction will allow you to come away with the best deal you can get.
On June 22, 2016
The executive office concept allows tenants to have executive suites completely operational within just a few days. This is attractive to new entrepreneurs with startups, as they need to start work immediately to recruit new business. This concept also offers flexible, short-term leases for businesses attempting to expand into new regions.read more..
On April 08, 2016
Commercial Real Estate - Financing 101
By Gregory C. Cassel, CCIM, Commercial Asset Manager, High Associates Ltd.
How does financing your corporate office building compare to getting a mortgage on your home?
To answer that question you need to know the key differences between commercial real estate and residential properties.read more..
On March 03, 2016
A stronger labor market and increasing household formation should keep commercial real estate demand on a gradual incline.read more..
On February 16, 2016
Lancaster is a third class county (based on population), and the Lancaster County Property Assessment Office is administered under the Pennsylvania Third Class Assessment Law, the Pennsylvania General County Assessment Law, and the Pennsylvania Consolidated County Assessment Law. The Property Assessment Office is required to develop an assessment for each property within the county based on the concepts of fair market value and uniformity.read more..
On September 03, 2015
"Developing a Strategic Marketing Plan" is the sixth step in our key issues in all real estate transactions.
Here’s the question: What’s a home run to you? Is it actually going to the ballgame and hearing the roar of the crowd when the hometown team hits the ball over the fence? Or is it something much deeper in business or personal achievements?read more..
On July 29, 2015
The Pennsylvania College of Health Sciences is growing and moving to Greenfield Corporate Center in Lancaster, Pa. Here are interviews with college president Mary Grace Simcox and members of the High project team discussing the vision and construction of the new learning environment.read more..
On July 01, 2015
"Researching The Subject Property Information" is the fifth step in our key issues in all real estate transactions.
Perhaps this question pales in comparison to philosophical quotes of Socrates like; the unexamined life is not worth living, but for a moment it surprises us enough to make us pause and consider our thoughts. Are we right in our assumptions, have we thought it through, are our research results sufficient to make the correct decision? Or are our beliefs based on myths, or something our family members told us with great emphasis and so we believe without further inspection?read more..
On April 29, 2015
The sense of smell conjures up memories and visions of years ago, whether it be opening a fresh jar of peanut butter, twisting the key on a fresh can of coffee, or unsealing a brand new box of crayons. Crayons represented the magic of childhood in that they unleashed the creative instinct in all kids. Those boxes of 64 perfectly sharpened rods of colored wax along with a new coloring book transformed a rainy Saturday into a colorful journey of imagination. The greenies were, by far, my …read more..
On April 28, 2015
For our blog post this week, we welcome and thank contributor Steven G. Cook, who is Business Development Director for UGI Utilities, Inc. Combined heat and power (CHP) is an efficient, economical way to generate electric power and useful thermal energy from one fuel source ...read more..
On April 01, 2015
"Researching The Subject Property Information" is the fourth step in our key issues in all real estate transactions.
Picture yourself flipping a coin and for twenty consecutive flips it comes up heads. Exciting perhaps, but assuming it is not a trick coin, what are your chances...
On March 23, 2015
"Establising a Timeline of Events" is the third step in our key issues in all real estate transactions.
Time Keeps On Slippin’ Into The Future Picture yourself on a white sandy beach with a warm breeze, sun, palm trees, and beautiful turquoise water. Your mind begins to wander … you think, Wouldn’t it be great to own a beachfront condo? Hmmm, when is the right time to buy or sell? How do intelligent real estate investors make the right moves?
On March 17, 2015
"Hope is Not a Strategy" is the second step in our key ingredients in all real estate transactions.
View Part 1. Two things move prices—supply and demand. That’s it! Shocking, but true. In Ken Fisher’s book, The Only Three Questions That Count, he states that supply and demand are about eagerness. ...read more..
On March 10, 2015
"Selecting a Qualified Real Estate Professional" is the first step in our key issues in all real estate transactions.
How about a little brain exercise or walk down memory lane? How many business clichés can you mention in two minutes? To get you started, here are a few: “thinking outside the box;” “pushing the envelope;” or perhaps “seamless integration” ...
On March 03, 2015
At one time or another, and in a variety of settings. businesses enter letters of intent. Some come about after lengthy discussions, some come about after a few conversations. Few letters of intent contain all of the deal details and many lack pertinent, important details. If the letter of intent is a result of a few conversations, the parties may not have thought about the legal enforceability of the letter of intent. Conscious thought must be given to that consideration because letters of intent run the gamut …read more..
On June 04, 2014
Named top performer, the Harrisburg, Pa.-area Rossmoyne Business Center building in Mechanicsburg reduced energy use by 39.2 percent in 2013.
Harrisburg, PA June 04, 2014
High Associates Ltd. announced that its Building 105 office building in Rossmoyne Business Center placed fifth overall in the EPA’s 2013 Battle of the Buildings.
On November 12, 2013
High Associates Ltd. is pleased to announce that Linford L. Good, SIOR, CCIM, was elected president of the Philadelphia Chapter of the Society of Industrial and Office REALTORS® (SIOR) effective August, 2013. Good is senior vice president, brokerage services, for High Associates.read more..