Real estate markets go through trends for different reasons. For example, the economy plays a significant factor in whether property prices go up, stay level, or take a dive. As expected, pandemics do the same. The world has witnessed numbers rise and fall, waves come and go, and the impact on industries and economies is far too evident to ignore. Among the most recent trends in real estate, warehousing and manufacturing are currently prime ventures. Retailers understand the importance of having their goods closer to the end-users. Many companies are looking to bring manufacturing back to the U.S. in light of global supply chain concerns. Jackson, MS is poised to be a boomtown for these two sectors with extensive inventory, competitive pricing, and low cost-of-living for residents. If you are ready to take advantage of commercial real estate trends in Jackson, MS, choose a qualified real estate broker to aid you in your quest for prime income-making properties.

3 Ways You Can Make the Most of the New Commercial Real Estate Trends

Are you noticing the changes in the commercial property market around Jackson? Warehouses and manufacturing spaces are filling up. Flex spaces offer cost-saving benefits to businesses looking to save money. Restaurant spaces are becoming modifiable, and small office spaces are taking on new life. Here are three ways you can take advantage of these trends:

1. Consider Short-Term Leases: As business owners continue to recover from the pandemic’s economic downturn, short-term solutions could aid both the landlord and the lessee. You both lower the risk to your bottom line. Your tenant is not locked into a long lease that may hinder them, and you can extend the lease if things are still looking well at the end of the first short-term run.
2. Make Subleases Acceptable: If your lessee cannot continue making the payments, allowing them to rent out part or all of the facility ensures you still receive funds. Additionally, if your tenants find they need to expand, they may be more inclined to talk to you about additional properties since you allowed a sublease, and they will not have to make payments on two leases.
3. Work with a Reputable Commercial Real Estate Broker: It’s hard to stay up on what’s happening in the commercial real estate market let alone new trends. That’s why working with a reputable broker can make a difference. They understand what is occurring on a local level and how you can take advantage of things like making your investment attractive to additional options to save your tenant money.

Choose Jackson’s Premier Commercial Real Estate Broker – The Estes Group

Take advantage of new trends while bolstering your portfolio. Talk with The Estes Group about what is happening in Jackson, MS, and how you can be a part of the upswing. We work with you to help you accomplish your wealth-building goals and build out your portfolio. Not only do we service Mississippi, but we work in neighboring states such as Louisiana, Alabama, and Tennessee. Learn more about our client-focused services when you contact us today.

Call us at 601-362-9633 or contact us online to discuss your real estate goals with our knowledgeable and experienced commercial real estate brokers. We’ll help you find the best choices that will deliver the best return on your commercial real estate investment in Jackson, MS.

Closing gaps and controlling costs aid investors in obtaining the best return on their investment. One area that may frustrate you is your current facilities management program. You may struggle with a half-dozen different vendors covering all your properties. If you are the one in the captain’s chair, you may find that steering the ship is stressful. The stress only increases as you increase the number of commercial real estate locations you own in Jackson, MS, and the surrounding area. You don’t have to handle everything. Instead, choose a qualified company dedicated to your success as the first step in achieving your wealth-building goals.

3 Benefits of Using a Third-Party for Facilities Management

Integrated facilities management (IFM) is a concept of professional management of commercial real estate in Jackson, MS that focuses on efficiency and effectiveness. In short, it is a way to bring all contracts, vendor partnerships, and space management under one umbrella. If you are looking for ways to make your life a little easier, consider these three benefits of implementing IFM in your organization:

1. Save Money: We all want to save money without shortchanging quality. Consolidating your facilities management makes sense. There aren’t several different vendors to haggle over contracts. Instead, using a dedicated third-party company results in fewer contracts, reduced redundancy, and lowers costs through consolidation. You may compare it to shopping at a bulk retailer to get a lower cost per unit price. You get better buying power through your outsourced facilities management provider’s vendor portfolio.
2. Streamline Decision-Making: Integrating all your providers, processes, and systems into one point of contact makes things easier for all. Decision-making occurs under one umbrella instead of reaching out to many different layers for answers, thus delaying maintenance and increasing tenant dissatisfaction. It adds a layer of accountability, improved communication, and collaboration between teams responsible for maintaining your properties.
3. Focus on the Big Picture: If you are currently overseeing facilities management for your commercial real estate properties, it can be challenging to keep your eye on the bigger picture of your financial goals. One moment you may be handling an HVAC emergency in your strip mall, and the next may have you negotiating with the window washers of your downtown office building. Delegating these tasks leaves you room to focus on growing your portfolio.

Get More ROI in Your Portfolio with Facilities Management by The Estes Group

Delegate those parts of your commercial real estate business in Jackson, MS by choosing The Estes Group for your facilities management. We are one of the few companies that keep full-time Facility Managers on staff. We handle the day-to-day operations, so you can focus on growing your portfolio. Think of us when you need brokerage and transaction services, multifamily brokerage, and other property services in Alabama, Mississippi, Tennessee, and Louisiana. Contact us, and let’s discuss how we can help with our property management services.

Call us at 601-362-9633 or contact us online to discuss your goals for commercial real estate in Jackson, MS with our knowledgeable and experienced investment property brokers. We’ll help with a wide range of services to ensure you can focus on your portfolio’s growth.

Investing in real estate is a dream for many, and investors across the spectrum have different reasons for doing what they do. Some may want to create a legacy of wealth that will last for generations. Others love the thrill of the hunt and the acquisition of a new investment. It doesn’t matter which end of the investment spectrum you are on. Attaining your financial goals is possible with commercial real estate.

Narrowing your focus makes it possible to catapult your portfolio, allowing you to expand your reach as it grows. The team at The Estes Group understands how different investment opportunities may impair your ability to focus. We believe in a client-centered approach to assist you in obtaining the types of properties that will meet your requirements and achieve your goals. Contact us today to get started with your commercial real estate investments in Jackson, MS.

5 Steps to Determine the Best Commercial Real Estate Niche

You are in the driver’s seat, but even good drivers sometimes need assistance getting to their destination. Here are five steps that can redirect your path and help you get where you want to go:

1. Decide on Your Investment Goals: What do you want to accomplish with your investments? Are you looking for financial freedom? Do you want a simple recurring income? Maybe you‘d enjoy the large margins from commercial real estate in Jackson, MS, or think playing it safer with multifamily apartment buildings is a better choice. In either case, your goal for the final outcome is what will aid you in the next step.
2. Choose Your Investment Strategy: Your chosen method will help you in focusing on a specific niche. For example, if you’re interested in residential real estate, you may want to flip houses for profit, or choose a buy-and-hold property. You may also like the idea of developing raw land into structures, such as warehouses, retail outlets, or office buildings.
3. Dig into Research: This is the most obvious step. Look into the various areas of real estate you’re interested in. It’s important to take your time. This is the perfect occasion to speak with the knowledgeable real estate professionals at The Estes Group to discuss your goals and obtain useful insights into the real estate markets.
4. Consider the Advantages and Disadvantages: Every decision has its pros and cons. You want to weigh the risks you’ll face and decide which ones you are ready to take. We can assist you with understanding the different risks depending on the type of investment you want.
5. Get Started! After weighing out all options, it’s time to take action. Make your move and get started. Look into financing options and work with The Estes Group to make that first purchase.

Attain Your Financial Goals with a Clear Focus – The Estes Group Can Help

Work with a commercial real estate brokerage in Jackson, MS who are focused on you and your ambitions. The Estes Group guides you on your next best steps. We offer a wide range of services, including acquisitions, property management, development, and court-appointed receiverships. We serve the entire state of Mississippi, but we also work in Tennessee, Louisiana, and Alabama. Contact us, and let’s get started on your way to growing your financial wealth through investing in commercial real estate in Jackson, MS.

Call us at 601-362-9633 or contact us online to discuss your real estate goals with our knowledgeable and experienced commercial real estate brokers. Our team knows all the best places to buy properties. We’ll help you with your purchase across the southeast that delivers the best return on investment.