Let’s Talk Leases
Let’s Talk Leases! Tenants and landlords often focus on the base rent, but the lease terms are also very important! This video breaks down the difference between an absolute gross lease and a net lease and why most leases are somewhere between the two extremes. An absolute gross lease is when the landlord pays for […]
Let’s Talk How Overpricing a Property is a Mistake
Why Overpricing Your Property Can Be a Mistake When you first list a property, there’s a crucial window—typically the first few months—where you’ll see the highest level of interest. During this time, the listing feels fresh and exciting, attracting potential buyers. However, overpricing your property can cause you to miss out on this valuable marketing […]
How You Can Sell Your Property for Top Dollar
Maximize Your Property’s Value! When selling commercial real estate, it’s important to start the process off right. Here are a few tips on how to sell a property for top dollar. Start the Conversation Early with Your Broker It’s crucial to connect with your broker early in the process. Your broker can help guide you […]
Industrial Real Estate in 2025: A Look Ahead for Spartanburg County
The industrial real estate market in Spartanburg County has experienced significant growth in recent years, with a substantial amount of new inventory added to the market. As we look ahead to 2025, there are several key trends to keep an eye on. Vacancy Rate Outlook By the end of 2025, the industrial vacancy rate is […]
A Year In Review- Commercial Real Estate, Spartanburg SC
In my last blog, I covered how commercial real estate in Spartanburg is performing compared to average US commercial real estate trends. You can read my previous blog here As 2023 is coming to a close, here is a review of how each major asset class has performed so far this year in Spartanburg, S.C. […]
How is Commercial Real Estate Performing in Spartanburg Compared to US Trends?
Let’s take a moment to review how each asset class is performing in Spartanburg, S.C. relative to overall US trends. If you’re an owner looking to sell, an investor/user looking to purchase, or an individual interested in Spartanburg’s economy, I will break down the key trend to know for each asset classes’ performance in Spartanburg. […]
Let’s Talk Commercial Real Estate Terms (Part II)
In my last blog, we discussed commercial real estate terms related to investments, leases, contracts, and more. Read here : Vocab Time- Let’s Talk Key Commercial Real Estate Terms – McDaniel and Company In this blog will cover some additional real estate terms. Absorption Absorption is the amount of square feet that has become […]
Vocab Time- Let’s Talk Key Commercial Real Estate Terms
In commercial real estate, there are a lot of acronyms and definitions we use! In this blog, we will break down some of the most common/ important terms used in commercial real estate! Investment Terms Cap Rate A cap rate is the return on a real estate investment on an annual basis. To […]
Industrial Real Estate Overview- Spartanburg, Greenville, and US Trends
Let’s Discuss the Industrial Real Estate Trends for Spartanburg, Greenville, and the US! In this blog, we will cover the latest stats on industrial real estate in Spartanburg, Greenville, and across the United States. Spartanburg Industrial real estate in Spartanburg is much less expensive relative to average US industrial prices. The […]
Employment’s Impact on Office Demand
In this blog, we will cover employment trends across the United States, employment at the local level in Spartanburg, S.C., and how employment trends are impacting office space. Low Unemployment Rates and Employment Challenges According to the Bureau of Labor Statistics, the current unemployment rate is 3.6%, which is relatively low considering an […]
