Whether you're a seasoned investor or a budding entrepreneur, honing your skills and expanding your knowledge through targeted education is essential. That's why I've compiled a list of the best online commercial real estate courses available, designed to equip you with the tools and insights needed to excel in this competitive field.
In the past couple of years, Nashville has been ranked on many "top" lists from Small Business Friendliness to Best Cities for Young Workers. This May, Forbes ranked Nashville number 4 behind San Francisco, San Jose, and Orlando in the nation for job growth. Employment within metro Nashville has increased 20% since 2009 and the city's economy has consequently passed the $100 billion mark. Let's see which companies are leading the pack for employment in the Music City.
A concept that has caught fire in recent years on the residential side is “House hacking,” where an individual buys a house or small multifamily property to live in and rents the remaining rooms/units to tenants in order to reduce their monthly house payment, or potentially even turn a profit.
Though it isn’t as widely discussed a strategy, the same principle is true of commercial real estate - a business owner can effectively reduce their monthly payments by purchasing the building in which they reside.
The two-story building totals 6,955 square feet and is situated on a 2.88-acre parcel with points of ingress/egress on Dodds Avenue and East Main Street. Following construction in 1987, the building was immediately leased to Bellsouth Telecommunications, LLC for use as a service operations facility.
It is no secret that Dickerson Pike is looking forward to significant development in an unprecedented way. Dickerson properties that were sold for next to nothing a decade ago are now selling for nearly a million dollars an acre or even higher in some cases as more and more developers seek affordable land within the Nashville urban core. As money continues to be invested into Dickerson Pike, the city is doing well to plan ahead to make sure that gentrification does not negatively impact the current residents of the surrounding neighborhood.
The Boomerang, located at 5403 Centennial Boulevard in The Nations, is a mixed-use development that will be delivered to market in Q2 of 2020. The two buildings, just across the street from the 38-acre Silo Bend development, offer both ground floor retail and 2nd floor office space for sale.
Founded in 2014 by Patrick Hayes, 1767 melds design and history, ultimately capturing the very essence of Nashville itself. 1767 specializes in artistic woodworking endeavors as well as design and space solutions. The goal of 1767 was to create something new from something old; wood reclaimed from historic Nashville homes at the brink of destruction repurposed into a thoughtful gift passed between friends.
East Nashville-focused RPM Skyline, lead by founder Danielle Rice, has announced plans to renovate the former Piggly Wiggly at 917 Dickerson Pike. The 13,602 square foot building, which features a vaulted barrel roof, will be the Dickerson Pike corridor’s most vibrant development for retail and restaurants to date.
Building out a commercial space is often a new experience for small business owners.
If you haven’t been through the process before, it can be quite daunting.
However, if you know what you should be asking your commercial contractor prior to getting the process started, you should feel more at peace with the entire operation.
As Nashville consistently ranked at the top of various publications’ lists, confidence in Metro Nashville’s future as a business district skyrocketed. Coupled with Tennessee’s lack of a state income tax and the government’s willingness to provide incentives, Nashville was a powder keg waiting to explode.
Okoboji, Iowa-based Smack Shack is headed to Nashville. The owners, Kristi and Bruce Leigh, have purchased 700 Hadley Avenue, the former home of the Five String Garage, to open their first of several locations.
Just like a Letter of Intent, a lease will always include customary clauses. These clauses will include much more detail than the Letter of Intent, which is essentially an outline for a lease, and the main reason you will need your broker and attorney involved at the very beginning.
On Wednesday, November 6th, award winning multi-family syndicator, Bruce Petersen - The Apt Guy - will be in Nashville for a half-day crash course class on multi-family syndication.
Tyler Cauble, real estate investor and owner of East Nashville-based commercial real estate firm The Cauble Group and commercial property management company Parasol, has acquired a managing stake in the building located at 3250 Dickerson Pike.
