Triangle Office Market Vs. Work from Home Trends
June 06, 2022
Lay of the Land If you’re a commercial real estate developer or investor or even a business owner, there are two words that may be causing more than just a little consternation in your world right now. Office space. While there’s no doubt that the pandemic dampened the need for space over the past couple of years, there’s a new dynamic now at play....
Robyn MooringThe Importance of Having a Good Real Estate Advisor for Net Lease
April 27, 2022
Net Lease Explained At Pickett Sprouse, we think that having a good real estate advisor as part of your team is important for any business or investor, but that’s especially true with net lease. While it doesn’t have to be overly complicated, net lease does have to be done right. That means whether you’re buying, selling, or simply maintaining a c...
Robyn MooringUnderstanding Commercial Property Rent Rates
April 27, 2022
Ask a Broker In residential leasing, the concept of rent rates may seem fairly straightforward, but for commercial property, it can be expressed in different terms. That’s why a common question that our brokers are asked is “What does price per square foot mean versus monthly” when it comes to rent rates? In this month’s Ask a Broker series, Picket...
Robyn MooringWest & Woodall Property Management Recognizes Building Safety Month
April 27, 2022
Lay of the Land As real estate professionals, taking the maintenance of safe and sustainable buildings very seriously is simply part of what we do. While that holds true for all of our commercial and residential brokers and agents, it’s especially relevant for the West & Woodall Property Management team. Since May is Building Safety Month, we’r...
Robyn MooringBig Spoon Roasters Moves Headquarters From Durham to Hillsborough
April 22, 2022
Rapidly growing Big Spoon Roasters is moving its headquarters and production facility from Durham to Hillsborough. The local small-batch nut butter and snack bar maker is currently located at 4517 Hillsborough Road, Suite 103-B in Durham in a leased space that the company has already expanded in three times since 2013. Now, due to continued steady ...
Robyn MooringBenefits of Using 1031 Exchange Proceeds for a Single Tenant Triple Net Property
April 07, 2022
Net Lease Explained We’ve already looked at what a triple net property is and what a 1031 Exchange is. But what are the benefits and the drawbacks of using 1031 Exchange proceeds for a single tenant triple net property? Our team of net lease experts including brokers Deuce Harris II, Graham Storey, and Charles Bartscher are here to provide the ans...
Robyn Mooring