Lease-to-Own Commercial Property: What You Need to Know
June 18, 2025
What Is Lease-to-Own in Commercial Real Estate? Lease-to-own, also known as rent-to-own, typically takes one of two forms: a lease purchase or a lease option. A lease purchase is a binding agreement that requires the tenant to buy the property at the end of the lease term. A lease option gives the tenant the right, but not the obligation, to bu...
Robyn MooringPopular Durham Food Truck Soul Forking Good Moves to Permanent Location Near Research Triangle Park
May 29, 2025
Popular Durham food truck Soul Forking Good will soon be transitioning to its first brick-and-mortar location. Owners Dominique and James Turner recently signed a seven-year lease for the approximately 1,500 square foot space at 2500 Meridian Parkway, Suite 135, which was previously home to Chef Chiks Bakery. Pickett Sprouse Commercial Real Estate ...
Robyn MooringYardnique Expands Triangle Presence with New Durham Operations Center
May 21, 2025
Leading commercial landscaping provider Yardnique is expanding its Triangle footprint with a new operations center in Durham. The Morrisville-based company recently secured a lease for a property on Camden Avenue that will serve as a consolidated base for its Durham operations. Pickett Sprouse Commercial Real Estate Broker Anna Jenkins represented ...
Robyn MooringLocal Chef Josh Decarolis Brings New Family-Friendly Italian-American Restaurant to Downtown Hillsborough
May 06, 2025
Hillsborough residents will soon have a new family-friendly dining option in the heart of downtown as local chef Josh Decarolis and his partners Phil Bey and Pietro Costanza prepare to open Serratore’s Pizza and Pasta this summer. The trio recently signed a 10-year lease for the 3,300 square foot space at 112 North Churton Street, previously home t...
Robyn MooringHillsborough Couple Plan New Venture to Support Other Local Small Business Owners
May 06, 2025
Hillsborough aestheticians and salon service providers will soon have a locally-owned option for where they can operate their small business in a space that offers upscale value, support, and collaboration. Local entrepreneurs Chad and Lauren Wilkins recently purchased a 2,262 square foot commercial building that sits on a 2.25-acre property at 516...
Robyn MooringThe Importance of Commercial Property Preventative Maintenance
March 20, 2025
What is Preventative Maintenance? Preventative maintenance refers to the routine tasks performed to prevent potential problems in commercial buildings before they arise. By staying ahead of common issues like HVAC malfunctions, plumbing leaks, or structural wear, owners can extend the lifespan of their building and avoid costly repairs. The Benefit...
Emma CarpenterWhat to Look for in NC Multifamily Properties for Sale
February 20, 2025
1. Location and Neighborhood The location of a multifamily property is one of the most important factors affecting its value and potential for return on investment. Look for properties in neighborhoods with strong rental demand, low vacancy rates, and proximity to key amenities like schools, shopping centers, transportation, and major employers. Ar...
Emma CarpenterWhat is CAM in Commercial Real Estate?
February 14, 2025
CAM Definition CAM stands for Common Area Maintenance. In commercial real estate, CAM refers to the expenses associated with maintaining shared spaces within a property. These areas often include parking lots, hallways, elevators, landscaping, and lobbies—essentially any space used by multiple tenants in a building. What Are CAM Charges in Commerci...
Emma Carpenter