Category: Commercial Real Estate

In a previous blog post, we discussed some of the specific clauses that business owners would be wise to ensure are included in a commercial lease. Above all, commercial lease should include provisions that serve to preserve and protect a business owner’s interests. In cases where a business owner subsequently wants to terminate a commercial…

Unlike a loan obtained to purchase a vehicle or a car, those involved in the purchase of commercial real estate can, and should be, negotiated. The timing of such negotiations are dependent upon when a borrower is able to secure financing and then submit what’s known as a commitment letter to a borrower as proof…

In our last blog post, we began discussing some of the legal claims that may be asserted and must be proved in cases involving allegations of construction defects. We also discussed the numerous players that may be involved or implicated in these types of cases. As previously noted, legal claims that are commonly alleged in…

Most businesses must eventually expand to include at least one actual brick-and-mortar location. When attempting to determine the best office or retail space to lease, most business owners focus solely on location and cost. While certainly important, there are also provisions that may or may not be included in a commercial lease that can both…

As the U.S. economy continues to rebound and strengthen, businesses throughout the Worcester area are looking to invest and develop. While this is good news for the local economy, employees and member of the general public; business owners often encounter many challenges when attempting to expand and grow their physical business operations. From environmental and…

Unfortunately, businesses can sometimes face big financial struggles. Many things can impact how well a business will be able to weather such struggles. One such thing is what a business’s loan situation is regarding commercial real estate it holds. Thus, when their business is facing financial difficulties, one thing a business owner might look at…

While many small businesses are started in the homes and garages of founders, a business’ growth and success often necessitates expansion into a larger commercial space. When it comes to commercial real estate, location is paramount and can either positively or negatively impact a business’ ability to attract employees and customers alike. The search for…

According to a recent report, the market for commercial real estate is improving across the country. Specifically, many regions are reporting a building boom. In Boston, specifically, office rent growth is picking up. One commentator went so far as to describe the region’s office leasing market as the strongest it’s been in 50 years. Although…

You’d be very hard-pressed to find a company or business owner whose main goal was not to be successful. That’s because most people don’t build companies just to watch them fail. They instead invest wisely and make efforts to help their business grow and expand down the road. Although expanding to new locations is an…

In a small corner of our state, the city of Fall River is up against a big decision that could affect where they get water in case of emergency. Unfortunately, the decision is being made across state lines in Rhode Island, where zoning and land use laws may differ from here in Massachusetts. The hope…