Special Report – Space Exploration

“All the gains we made over the last 10 years are gone, so tenants are going to be able to basically live like they did in the late 1990s,” says Alec Pacella, senior vice president, NAI Daus. “I think there’s a clear opportunity if you’ve ever thought about buying. It’s a great time because, again, prices for buildings are also what they were in the 1990s. Your price per square foot is going to be 30, 40 percent less than what it was 18 months ago.”

Whether you’re searching for a new property or hoping to reconfigure space for efficiency’s sake, cost savings can be yours. The first course of action is to connect with an experienced commercial real estate broker to weigh your options because there are plenty of them. Read more about this article in Smart Business Cleveland

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