In this fairly dry, third in a series of three, article, we start off by explaining how deals in CRE are arrived at. Then we move into pragmatic questions to ask / info to know around hidden expenses, offers to lease, tenant installation allowances, beneficial occupation, moving costs, gross and net rental comparisons, deposits and guarantees, sureties, lease admin costs, indirect taxes (VAT), and CPA considerations.
This set of articles, working with the dictionary, is for industry beginners or outsiders. Commercial real estate (CRE) is jargon-filled and complex. We hope to help you not feel intimidated by the industry, and give you info so you won’t get hoodwinked by the sharks.
We’re proud to present commercial real estate explained. Here you will find a one-stop-shop for all these confusing terms.
Because we know that commercial real estate (CRE) / commercial property has its own language and can feel scary. We have created a page to help demystify the industry, and help you feel more confident.
So a couple minutes here will help you to self-serve yourself to a higher level of skill and comfort.
So you can understand how this page works:
Using this page we try to simplify the more complicated commercial property concepts.
With the dictionary we aim to unpack the abbreviations, jargon and terms you hear.
We aim to give you the information tools to empower and educate yourself. After a bit of time here, you should be able to ask the right questions. And, we hope, make even better decisions.
A word of warning. Commercial real estate (CRE) is an amazing industry. The more you learn, the more you want to learn. With commercial real estate explained you may even grow to love it.