DFWspeaks Podcast

The commercial real estate trends 2020 include a move towards digitizing the tenant experience as well as many benefits for the property owner. 

IoT / Electric Car Parking / Smart Building / A.i. / Automation 

According to the Forbes real estate Council member Jeff Kevin, The Dallas-Fort Worth metroplex ranks in the top 10 for the best places for commercial real estate investing in 2020.

This topic is specifically important for real estate investors looking for the best places in the United States to invest their money into commercial real estate.     What factors go into deciding if an area is prime for commercial investors?

Many factors go into what makes an area a good place for commercial real estate investing. 

•     Population growth
•     Rent growth of an area
•     Job growth
•     Technology and education
•     Infrastructure growth: airports, bus & light rail expansions
•     Lower taxes/business-friendly environment  
•     Corporate relocation to a city
•     Hipsturbia trend in areas – this refers to the increase in walkable, mixed-used developments in a city's suburbs

For example, The Shop of Legacy and Legacy West areas in West Plano: https://legacywest.com/

Dallas -Fort Worth had $2.4 billion in foreign commercial real estate investments in 2019.  This was more than in the past 10 years

Please head over to leave us a google review at:  - https://goo.gl/maps/4pZVt47ESjzYdtEk9 

Why do you need a commercial realtor? Can't you just do it yourself? One of the biggest benefits you'll get by using a commercial realtor is getting access to the full inventory of the commercial database of properties and land in Dallas Fort Worth

You are comparing the difference between commercial real estate and buying a home.

What is the significant difference between the two different types of real estate?

• Type of buyer
• The motivation of buyers/sellers/tenants 
• Time to build 
• Time to raise money 
• Time to lease out 
• Proper research / due diligence in commercial takes longer

Tony discusses why commercial real estate is important to the economy.  The jobs it creates due to the long building cycle add stability to the US economy. 

$6 trillion dollars of commercial real estate in the United States 

Listen in as Tony does a quick break down. 

What is commercial real estate?

How is commercial and residential real estate different?

Tony discusses the importance of commercial real estate.  Located in Dallas-Fort Worth, Texas, Tony understands the need entrepreneurs have when looking for prime space for their businesses. 

Commercial real estate in prime business hubs like Dallas fort worth and Collin County, Texas make it a race for prime commercial real estate.  

https://www.entrepreneur.com/slideshow/299849

1. Style of business - formal/causal - location should be consistent with your business image and style 
   1. Who are your customers 
   2. Do they need to be close to your business 
2. Demographics  - 
3. Foot Traffic 
4. Accessibility and parking 
5. Competition  - too close or do you want them close if you have a big differentiator and can win the customer over 
6. Other businesses and services - benefit from their traffic/quality of the area 
7. Address of the site - in DFW this is a big thing...where you are at….
8. Ordiances / Zoning 
9. Building infrastructure / age  etc 
10. Utlities / taxes / cost - triple net lease

    Our link for an objective google review is below: https://goo.gl/maps/4pZVt47ESjzYdtEk9 

    Also, if your having trouble with your commercial real estate search or location give us a call (469) 777 - 6761 or fill out the contact form on our website and we will be in touch.

I am super excited to share my experiences, knowledge and to keep learning from my peers!  I decided to start this podcast with a commitment to helping entrepreneurs with the two areas that make or break you in business, sales and location of your business, aka the commercial real estate.  The glue to success in sales and entrepreneurship in my humble opinion is directly tied to your persistence.