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Commercial Real Estate Education

Space Selectors has been created to offer you a simple and customized commercial real estate search.

By: spaceselectors   June 14, 2019

Great Location Study: Ground Floor

A great location is on the ground floor. One way or another, growth comes from the earth. Even land that appears to be frozen, scorched, dry or barren can sustain life at the ground level. Yet, the further away we move from the ground, take a '14er' (meaning a 14,000-foot mountain) for instance, there's little sustainable life above the timberline. With no oxygen, it's harder to breathe. While there are rare exceptions to this rule, the same paradigm holds true in retail. I once heard an o

By: spaceselectors   June 14, 2019

Great Location Study: Tax Base

A great location has a solid tax base. Taxes. The mere word guides any moderate conversation about economic stability into a dungeon of anxiety, vitriol and exhaustion. 'So why bring it up?' When a municipality has a solid tax base from which to RESPONSIBLY manage the public needs of its constituency, real estate values are generally more stable and real estate investment is generally more robust. The alignment of those planets comes together more often than cynical minds

By: spaceselectors   June 14, 2019

Great Location Study: Wide Walkways

A great location has wide walkways. When is the last time you loved being shoulder to shoulder in a crowded space? A major sporting event? Maybe. A long-anticipated concert? Depending on who is performing...sure. But what about when you decide that you want to take a leisurely stroll with an important person by your side, or even all alone? I think the word you're looking for would be a resounding 'NO'! Having a nice promenade to stroll along is a rare treat that we too often take for gran

By: spaceselectors   June 14, 2019

Great Location Study: Trash Removal

A great location removes trash regularly. A little trash can go a long way. Things typically go poorly for a property with trash on the ground, gross bathrooms, dingy walls or overflowing trash cans. Landlords that fail to address simple maintenance issues on a regular basis make themselves susceptible to negative publicity and a general reputation of untidiness. This goes for tenants too. Once this genie leaves the bottle, it's hard to put back in. In this ultra-competitive retail market,

By: spaceselectors   June 14, 2019

Great Location Study: Charging Stations

A great location has electric charging stations. Millions of your potential tenants, employees and customers own electric cars for a variety of simple, honest and yes, controversial reasons. Nonetheless, smart landlords focus on how to get people to their commercial projects whenever possible. Great locations cater to the multiple modes of transportation that people use on a daily basis. Some real estate works because it is near a bus stop or a transit station. Other sites function well due t

By: spaceselectors   June 14, 2019

Great Location Study: Leadership

A great location celebrates bona fide leadership and commitment. Over two-hundred and forty-two years ago, on July 4, 1776, The United States of America was born. It was a day that promised great things in the future of the USA. However, the next morning, July 5th, 1776, as the hangover of the night before set in, the USA began its string of domestic and international victories, injustices, innovations, sacrifices, hopes, disappointments, you know...ups and downs. This rich and complex countr

By: spaceselectors   June 13, 2019

Great Location Study: Weather Climate

A great location has a great weather climate. Sunny destinations can be great locations from which to draw beach-oriented vacationers and residents. Snowy destinations can be great locations from which to draw winter sport enthusiasts and the thousands of needed support staff to make mountain-oriented destinations function properly. In all environments, the weather matters. It is obvious that for practical purposes, people want to spend time in the climates that they enjoy. Commercial loca

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