Cressy Insider Corner

Every 2nd Friday of the month we will be putting a small segment together from either a Broker or someone from Property Management. They will be sharing their advice or tips on their commercial real estate specialty.

March 9, 2018
Steps to a Successful Commercial Real Estate Transaction
Steps to a Successful Commercial Real Estate Transaction

Successful commercial real estate closings do not just happen, it takes an experienced team to pave the way for a smooth transaction.  Which is why at Cressy Commercial Real Estate we have implemented a process that walks our clients through each step of the transaction, from contract signature to the moment when the final documents are being signed at the closing table.

Read More
February 9, 2018
Is Now the Time to Sell Your Small Business?
Is Now the Time to Sell Your Small Business?

Is Now the Time to Sell Your Small Business? If you do not have a succession plan in place, deciding to sell your business is a major but inevitable decision. There are several factors to consider prior to selling that will increase your value and increase the probability of a successful closing.

 

Read More
January 12, 2018
South Bend & Mishawaka 2017: A Year of New Construction, Expansion and Renovation
South Bend & Mishawaka 2017: A Year of New Construction, Expansion and Renovation

Whether commuting to work, walking your dog through Mishawaka’s Beutter park or riding your LimeBike on the new Smart Streets in Downtown South Bend, you have certainly noticed commercial construction activity. Restaurants, discount stores, modern hotels, multi-family housing and South Bend’s first ever casino, which was built from the ground up and completed at lightning speed in 2017. In addition to new construction, historical office buildings such as the former Chase Tower and the JMS Building were renovated. There were 27 commercial buildings that began new construction in 2017.

Read More
December 8, 2017
Looking for A Change? We've got you covered!
Looking for A Change? We've got you covered!

The real estate industry has historically been an occupation of choice for those seeking a flexible schedule and the chance to utilize relationships to build a career. The industry is romantic and allows people with a penchant for service to support entrepreneurs who are looking to build their dreams or to work with families to find a home. But not everyone is cut out for this line of work. What does it take to be successful in real estate?

Read More
November 10, 2017
Why Property Management = Financial Success
Why Property Management = Financial Success

Whether you own one property or a portfolio, having an experienced property management team on your side is critical for your asset’s financial success

Read More
October 13, 2017
Change is the Only Constant
Change is the Only Constant

The national trend of bringing downtowns back to vibrancy, has been aided locally by the Regional Cities Initiatives. Risk-taking developers in partnership with city and economic development are responsible for several mixed-use projects throughout our region.

Read More
September 8, 2017
A New Generation of Marketing
A New Generation of Marketing

While working through ideas for this article, one thread seemed to be consistent in my mind, “Time changes everything… or does it?”  Millennials won’t remember the unique advertising campaign launched by Burma-Vita Company for their Burma-Shave shaving cream. This family-run business based in Minneapolis, was a pioneer in U.S. outdoor marketing. The roadside campaign for Burma-Shave ran from 1925 through 1964 and each installation consisted of a series of six signs. The first five signs bared a single line of a jingle and the last sign featured the Burma-Shave logo that appeared in more than 42,000 individual signs in 7,000 locations in 45 states.

Read More
August 11, 2017
Michigan's New "Green" Industry
Michigan's New "Green" Industry

Michigan joined into the ranks of medical marijuana states in 2008 when 63% of voters approved the Michigan Medical Marihuana Act. The act allows patients with a doctor’s recommendation or their caregivers to register with the state and legally possess up to 2.5 ounces of usable cannabis. How does this effect Michigan's industrial building sector?

Read More
July 14, 2017
Purpose Before Profit
Purpose Before Profit

When any business focuses on purpose first and profit second, there is a significant chance that the business will thrive tomorrow. But how does a company thrive long term?

Read More
June 9, 2017
Negotiations
Negotiations

Running a business means you need to prepare for the unexpected. Each industry undergoes changes and real estate is no different. If your business needs less people to become more efficient, you may no longer need the space to accommodate them. Conversely, if a lack of space is holding your business back, you need to expand to meet demand from your customers.

Read More