Commercial Real Estate Blog

What is price PSF in Real Estate? When diving into the world of commercial real estate, the term price PSF, or per square foot, keeps popping up. You might wonder, what’s the big deal? Price PSF is essentially the magnifying glass through which the true value of property gets examined, inch by inch. It’s not […]

As companies worldwide have shifted to remote operations out of necessity, many discovered unexpected benefits and efficiencies. This widespread adoption of remote work has led to a reexamination of the need for traditional office spaces, significantly impacting the commercial real estate market. The Rise of Remote Work Remote work was already on the rise before […]

  When it comes to finding the right commercial property for your business, the stakes are high. The right location can propel your business to new heights, while the wrong one can spell disaster. While it might be tempting to handle the process independently, enlisting the expertise of a real estate professional is a strategic […]

Westchester County, New York, with its strategic location just north of New York City, has long been a desirable residential and commercial real estate area. As of 2024, the commercial real estate landscape in Westchester County is experiencing dynamic shifts influenced by economic, social, and technological factors. This blog delves into the region’s current state […]

In the bustling world of commercial real estate, where deals can make or break businesses, tenant representation stands out as a crucial service. For businesses seeking new office spaces, retail locations, or industrial facilities, having a dedicated tenant representative can be the difference between a successful transaction and a costly mistake. What is Tenant Representation? […]

Navigating the world of commercial real estate can be complex, filled with industry-specific jargon and concepts. Whether you’re a seasoned investor or a new entrepreneur, understanding these key terms is essential for making informed decisions. Here’s a guide to some of the most important commercial real estate terms you need to know. Net Operating Income […]

Understanding Commercial Real Estate Differences Between Commercial and Residential Real Estate Picture this, the peaceful residential property on one side and the bustling commercial property on the other. But, it’s not just about the visuals, there’s a lot that separates the two. First, commercial real estate primarily serves as a profit-making venue. These spaces help […]

Navigating the world of commercial real estate may be overwhelming—every step counts, and the stakes are enormous. That is why knowing the value of commercial real estate evaluations is critical. This lifeline keeps you stable in the face of unanticipated market volatility and valuation issues. Whether you’re an experienced real estate investor or a beginner […]

For over three decades, Rakow Commercial Realty Group has provided unparalleled commercial real estate services to clients in Westchester, Fairfield, Bergen County, and beyond. With a profound dedication to their clients and a commitment to excellence, RakowGroup has garnered numerous accolades and a stellar reputation in the industry. David Richman, the driving force behind RakowGroup, […]

A buyer/tenant representation agreement is an important contract, particularly if you are a buyer searching for commercial properties in your local area. Commercial buyer/tenant representation is critical if you invest in local commercial property, as a qualified commercial real estate brokerage will best represent your needs and advocate for you throughout the transaction process. But […]

Purchasing the perfect commercial property is the first step toward growing your portfolio and generating a return on your real estate investment. Whether you have purchased an industrial warehouse designed for a large business or a retail development fit for multiple storefronts, the next step is finding suitable tenants. A good tenant will pay their […]

Diving into the world of real estate investment can be a thrilling experience – but it’s important to approach your new venture with reliable information and accurate data. Understanding the difference between commercial and residential real estate will allow you to make the best decisions for your portfolio and develop an investment strategy that yields […]