3-D printing speeds up construction and allows builders to finish projects much faster than regular methods. Traditional techniques require months or years to complete large buildings. With 3-D printing, builders can construct buildings in just weeks or even days....
Commercial Real Estate
How is remote work reshaping office space demand?
The workplace landscape has changed dramatically in recent years. Remote work, once a necessity during the pandemic, has evolved into a preferred model for many businesses and employees. This transformation is leaving a lasting impact on the commercial real estate...
How can businesses reduce liability in commercial leases?
Leasing commercial office space can come with a lot of risks. Reducing liability helps protect a business from unexpected legal or financial problems. By taking some simple steps, businesses can make sure their lease agreements keep them safe. Review the lease terms...
What is a 1031 exchange?
A 1031 exchange, derived from Section 1031 of the Internal Revenue Code, serves as a tax-deferral strategy in real estate. This approach can prove highly advantageous for commercial real estate investors in New Jersey, enabling them to defer capital gains taxes and...
Understanding a triple-net lease
A triple-net lease is a commercial real estate lease. In this lease agreement, the tenant pays for three important expenses in addition to the rent. These expenses include property taxes, insurance and maintenance costs. This kind of lease is often used for properties...
Common zoning issues to watch for
When it comes to the use of properties in specific areas, zoning laws establish important rules. These rules ensure harmony within communities, as zoning laws dictate land use and development in residential areas and commercial districts. Zoning regulations often seem...
Joint venture in commercial real estate
Joint real estate ventures offer several advantages, like shared financial risk, access to new markets and an increased capacity for larger projects. However, potential conflicts can arise along the way, making a well-structured agreement important. Knowing how to put...
Restrictive covenants in commercial property agreements
Industrial commercial property agreements in New Jersey may seem straightforward at first glance. Beneath the surface lies an important element that demands attention. Restrictive clauses within the contract impose limitations on how you can use the property....
Understanding commercial construction liens in New Jersey
Understanding construction liens is essential for property owners, contractors, suppliers and subcontractors involved in commercial development projects in New Jersey. Any party to the project who has not received agreed-upon payment for supplies or labor can place...
What is a 1031 exchange in commercial real estate?
Commercial real estate in New Jersey can be a rewarding investment, but it also comes with complexities, especially when it comes to taxes. One tax strategy you might find useful is the 1031 exchange. Named after Section 1031 of the Internal Revenue Code, this...