Jason Legere Joins Faulkner Commercial Group as Operations Manager

November 5th, 2018 Posted by Uncategorized No Comment yet

Please help us welcome Jason Legere to Faulkner Commercial Group. Jason has joined as Operations Manager, and will be managing all facets of consumer-facing aspects of the business. Jason, a licensed Realtor, comes to FCG with experience in managing a customer service team for Brighthouse Networks, (now Spectrum). Jason has over 20 years’ experience is developing and leading high-performance teams.

Jason will be managing operations for Faulkner Commercial Group in Florida, Massachusetts, New Hampshire and Maine.

We’re very pleased to have Jason on our team! ~Janet Faulkner

Happy Holidays!

December 20th, 2017 Posted by Uncategorized No Comment yet

Beginner’s Guide to Finding a Restaurant Space

November 14th, 2016 Posted by Uncategorized No Comment yet

Many people dream of opening their own restaurant. But for most restaurateurs, dreams give way to harsh reality. Studies have found that 60 percent of restaurants don’t make it past the first year, with 80 out of business in five years.While there are several factors that contribute to the success or failure of a restaurant business, many of them can be traced back to the commercial space owners have chosen to open their restaurant. Here are some tips for choosing the right restaurant space. (more…)

Types of Commercial Real Estate

November 14th, 2016 Posted by Uncategorized No Comment yet

Commercial real estate is commonly divided into six categories:

Types of commercial real estate

1. Office Buildings – This category includes single‐tenant properties, small professional office buildings, downtown skyscrapers, and everything in between.

2. Industrial – This category ranges from smaller properties, often called “Flex” or “R&D” properties, to larger office service or office warehouse properties to the very large “big box” industrial properties. (more…)

How To Get a Commercial Loan

November 14th, 2016 Posted by Uncategorized No Comment yet

Commercial loan process

Commercial real estate customers often ask, “How do I get a commercial loan?”. There are many individuals involved in the decision to approve or deny a commercial real estate loan. Here is a brief breakdown of the parties and loan process for How to get a commercial loan.

Sales Manager

The sales manager is the individual who manages a team of commercial relationship managers. (more…)

Proactive Environmental Due Diligence

November 14th, 2016 Posted by Uncategorized No Comment yet

Recently we read a very informative article authored by Dennis Papa, principal engineer with dpSTUDIO Environmental Consulting & Design, regarding having environmental studies done as a proactive strategy when listing your property for sale. Getting ahead of any issues that may come up in the course of a buyer’s due diligence will make any sale process go smoother.

We thought it would be valuable to our clientele, and have reposted with permission of the author. Please let us know if you should have any questions, and as usual, let us know if you found this helpful. (more…)

What’s it Worth? Deriving Your Capitalization Rate

November 14th, 2016 Posted by Uncategorized No Comment yet

• How do you know what a commercial income property is worth?
• How do you know that you can get your desired return on your investment?
• Is there a way to calculate the maximum you can pay for an investment and still achieve your investment goals?

This article will answer these questions and more about valuing income property. (more…)

Commercial Real Estate Index

November 14th, 2016 Posted by Uncategorized No Comment yet

The US Commercial Real Estate Index (“CREI”) was created in 2014 by CRE Demographics, LLC and is designed to demonstrate the relative strength of the US Commercial Real Estate market. The index is composed of eight economic drivers and is calculated weekly. Updated values of the index are available at CRE Demographics, LLC.
The economic drivers behind the CREI are isolated into sub-indices that include the Employment Index, Commercial Real Estate Price Index, Credit Index, Consumer Confidence Index, Housing Index, Inflation Index, Income Index and the Retail Index. (more…)

What is a Triple Net Lease?

November 14th, 2016 Posted by Uncategorized No Comment yet

Often asked, “what is a triple net lease”,the NNN Lease, often just called the triple net lease, is a common lease structure used in commercial real estate. Despite the popularity of the NNN lease, the triple net lease structure is still commonly misunderstood by many commercial real estate professionals. In this article we’ll take a deep dive into the NNN lease, dispel some common misconceptions about the triple net lease, and then finally we’ll tie it all together with a clear and concise example.

What is a Triple Net Lease? (NNN)

First of all, what exactly is a triple net, or NNN, lease? (more…)

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