A family patriarch recently passed away leaving an office/showroom/warehouse property in a southern Twin Cities suburb to his three children, but only one of the offspring and the decedent owned the business Click to finish...
Rent being paid is considered, by many, to be the most important aspect of a commercial lease, however, there are many lease provisions that should be added and negotiated providing significant value and flexibility to a lease. These provisions will not show up on a...
The COVID 19 pandemic has created great uncertainty in how we will use office space in the future. This mandated work from home experiment has taught us a lot about our abilities to adapt, embrace technology and work remotely relatively effectively. It has also made...
This past year has been unlike any other in our lifetime. The year started out fairly normal but quickly evolved in a Covid-19 lockdown that has rocked the commercial real estate market. Businesses were required to work from home, restaurants were closed and only...
Understanding The Key Points As To Whether Or Not A Tax Appeal Should Be Filed By Rodger Skare, MAI Throughout Minnesota, the real estate taxes one pays in a given year are typically determined by the assessor’s estimate of market value (AEMV) for that property as of...
With the cyclical nature of real estate markets and building values rising and falling, many users ask the question should I lease or buy? The answer in part depends on a number of factors. Are space needs static or do they require flexibility for expansion or...
