Commercial Real Estate Archives

Businesses contemplating bankruptcy have options

Most business owners in Quincy set off in high hopes that their enterprise will be profitable for years to come. However, increased competition, a struggling economy, a loss of customer base or any other number of reasons could lead a business to find itself in serious financial trouble. If a business is in over its head with debts it cannot pay, one option it may have is filing for bankruptcy.

What does 'quiet enjoyment' mean in commercial real estate?

In the movie "The Princess Bride," a character repeatedly declares events "inconceivable" that are really, "unbelievable." It takes awhile, but eventually another character states the obvious, "You keep using that word. I do not think it means what you think it means."

A quick guide to commercial leases

So, you have found commercial real estate and you are excited to move in and expand your business. Remember, renting a location for your company is a major decision and responsibility. In many cases, the success of your business hinges largely on the terms of the lease. Before you talk to the landlord, it is important to understand the basics of commercial leases, and how to fully evaluate the terms before signing.

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