Commercial Real Estate News

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Once you purchase an investment property, the real work begins.

You now have to manage it.

There are several aspects of the management process you’ll want to have a good grasp on to help ensure success as a property manager.

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No longer are office buildings the boring, fluorescently illuminated spaces filled with rows of impersonal cubicles.

Ok, so some offices are still like that, but the trend in today’s corporate environment is to create workspaces that reflect the changing tastes and values of the companies and younger employees working in them. Here are some trends you’re likely to see in office buildings in 2018 and beyond:

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DRK's Property Management team has been very active as fall and cold weather are quickly approaching. Please find below a list of repairs that have been completed, in addition to repairs we have on our list to be completed over the next few weeks.

Green Meadows Commerce Center: Paving will resume today, weather permitting. We have also been working on various housekeeping items such as cleaning up behind the units, painting, fixing dumpsters and helping overall cleanliness of the area. You will notice our fountain is back up and working as well!

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A lot more goes into managing rental properties that most people realize – as any experienced investor can tell you, it’s not just collecting rent checks.
Determining whether or not you want to hire a property manager or go the DIY route depends on a number of factors. A significant amount of time, money and energy is required for the process, which can add up quickly. Consider these matters before you decide which route is best for you.

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If you own commercial property, you may or may not have considered purchasing commercial property insurance.

If you’re in the latter camp, it would not hurt to explore your options in the hopes of protecting yourself and your business in the event of an unforeseen catastrophic event – such as a fire – on your property. Here are some things to consider in the hunt for commercial property insurance:

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One needn’t look too hard to find an overwhelming number of reasons why starting a company in Columbus makes outstanding business sense.

Boasting a potent mix of an affordable cost of living, a diverse industry base and the eighth-highest concentration of millennials in the U.S., Columbus is thriving in many respects. The 11-county metropolitan area’s population grew at a rate of 1.6 percent from 2016 to 2017, surpassing the Cleveland-Akron region as the second-largest metropolitan area in the state.

Given these reasons, it’s not hard to see why Business.org lists Columbus as a Top 10 city for entrepreneurs and start-ups and why Money lists it as the “Best in the Midwest” destination.