Commercial property is a smart investment, one that will only become smarter as the 21st century’s second decade draws to a close.
The economic troubles of the early 2000s are slowly becoming a distant memory, giving way to what experts are calling a “Goldilocks moment” in Northern California.
“…the Golden State’s recovery should remain steady despite some headwinds from the global economy,” according to an early 2016 report from the Center for Business and Policy at the University of the Pacific.
Economic Growth Increases Demand For Quality Commercial Real Estate Brokers and Property Managers
For property owners, this means working with an expert commercial real estate broker and property management is more important than ever. Bolstered by the steady economy, the entrepreneurial dream has gripped many in Northern California. These business owners are looking to get out of their garages and basements and into brick and mortar locations. Convincing them to choose your property and remain a tenant on a long-term basis requires the skills of an experienced commercial real estate firm like North Bay Property Advisors.
As Santa Rosa’s premier source for commercial real estate sales, leasing and property management, North Bay Property Advisors can offer a diverse menu of service offerings designed specifically to keep tenants happy, and landlords profitable. When looking for an expert commercial real estate professional always look for the CCIM (Certified Commercial Investment Member) designation What is a CCIM . Additionally, the “Gold Standard” for professional commercial property management is the CPM (Certified Property Manager) designation What is a CPM
We work together with landlords to devise a viable tenant retention strategy, including the following:
- Constant evaluation of other commercial properties in the area to understand their vacancy rates and tenant profiles
- Tracking of future property developments to develop a more comprehensive understanding of local supply and demand for commercial property
- Creation and deployment of incentives designed to weed out undesirable tenants and entice desirable tenants to stay
- Careful profiling of and communication with anchor tenants so that they feel appreciated for the value they bring to any commercial property
Are you looking for an experience and professional commercial property real estate from serving Northern California? Contact North Bay Property Advisors for help with leasing, sales, property management, appraisal and financing your commercial property.