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November 30, 2023Why Should You Consider Corporate Real Estate Investing?
December 14, 2023People may need clarification on commercial and corporate real estate. Corporate properties fit within the category of commercial real estate, but there are differences.
Commercial real estate covers any property that is for business purposes. That includes corporate real estate. However, corporate properties are owned or leased by a business to support its operations. For example, a company might buy or lease a commercial property to house retail operations.
This post will explore common questions people might have about corporate real estate.
Understanding the Basics of Corporate Real Estate
What are Some Common Types of Corporate Real Estate?
Corporate properties can span all sectors of commercial real estate. The properties can cover everything from retail to heavy industrial sites. It all depends on the business and the types of properties it might need. The following are common types of corporate properties:
- Corporate Headquarters
- Branch Offices
- Retail Stores
- Storage Facilities
- Shipping and Distribution
- Data Centers
- Manufacturing Plants
- Hotels and Resorts
How is it Different From Other Commercial Properties?
Corporate properties are part of the commercial real estate world. The key difference is the intent of the owner or user. Most commercial real estate investors are simply looking for a return on investment. They may want to sell the property for profit or generate income by renting it to tenants. With corporate real estate, the owner or user is more concerned with how the property aligns with their business objectives.
Why Should Businesses Invest in Corporate Real Estate?
Investing in corporate real estate offers businesses the advantage of ownership. The business does not have to lease from someone else, and there is potential to build value through equity. Owning the space also means more freedom to use and adapt the property as needed. You can do more to customize or alter the property without approval from a landlord.
What Should Businesses Consider When Buying Commercial Real Estate?
Businesses have a lot to consider when purchasing commercial real estate. You must ensure the property is suitable for the purpose and that it aligns with your operational goals. Factors like size and layout will be critical. Businesses also need to look into the property’s zoning. The various financial considerations are also important.
Why Do Some Businesses Choose to Lease Corporate Real Estate?
While owning corporate real estate can be beneficial, companies might choose to lease for several reasons. One is to avoid the substantial upfront costs that may come with buying. Depending on the location, the company might have more options if they rent. Leasing can also be simpler than owning. The business might have to take on less responsibility concerning the cost and effort of property maintenance.
Are you interested in corporate real estate in the Columbus, GA, area? Click here to contact The Cummings Commercial Team. Whether buying, selling, or leasing, we have you covered. Reach out now to learn more about how we can help you achieve your goals.
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