Pickett Sprouse Assists Popular Brewery with Opening First Triangle Location
October 24, 2023
Pickett Sprouse Commercial Real Estate is pleased to announce that it recently assisted DSSOLVR with opening its first Triangle taproom. The popular Asheville brewery is leasing 2,552 square feet of space at 630 Rigsbee Avenue in Durham. It’s located on the ground floor of the Atlas Building, which is a mixed-use property featuring apartments and r...
Robyn Mooring18 Commercial Real Estate Terminology You Should Know
October 16, 2023
In commercial real estate (CRE), understanding the industry-specific jargon is not only beneficial but essential. Whether you're an investor, broker, or tenant, the ability to comprehend and utilize these terms can lead to more informed decisions and lucrative investments. Here, we explain 18 commercial real estate terminology you should know so th...
Robyn MooringSTIHL Inc. Leases New Distribution Site in Mebane’s Buckhorn Industrial Park to Support Long-Term Growth Projections
September 29, 2023
Pickett Sprouse Commercial Real Estate is pleased to announce that it recently assisted STIHL Inc. (DBA MID-ATLANTIC STIHL) with locating and leasing space in Mebane’s Buckhorn Industrial Park for its growth and regional expansion. The maker of outdoor power equipment and related products will be leasing a 265,200-square-foot building on a 27.8-acr...
Robyn MooringIntroduction to Owner Financing in Commercial Real Estate
September 28, 2023
There are many ways to finance a commercial real estate transaction, but one of the most intriguing and potentially beneficial strategies is owner financing. This type of agreement allows for more flexibility and can be an attractive option for both buyers and sellers. In this article, we'll look at what owner financing in commercial real estate is...
Robyn MooringAssumable Loans in Commercial Real Estate: What Investors Need to Know
September 27, 2023
In the world of commercial real estate investing, there are various types of loans that buyers and borrowers might encounter. Among these are assumable loans, a type of commercial real estate loan that can potentially offer significant benefits - if you can get one. In this article, we'll look at what assumable loans in commercial real estate are a...
Robyn MooringExploring the Pros and Cons of Lease to Own Commercial Property
August 17, 2023
Investing in commercial property requires a significant financial commitment. For those looking for a more flexible approach, a lease-to-own arrangement might be an attractive solution. While there are risks involved for both owners and tenants/potential buyers, there are advantages for both parties as well. In this article, our Pickett Sprouse Com...
Robyn Mooring