The due diligence process before acquiring commercial property can be relatively complex. Buyers need to ensure that the property meets all of their business needs in addition to performing the usual reviews associated with residential properties, such as title...
Real Estate & Development
3 environmental issues to address early during land development
Development in the Peoria, Arizona, area may involve erecting new buildings on vacant land. Property owners, developers and investors may aspire to convert unused real property into profit-generating commercial facilities. Others might acquire larger parcels with the...
Who can obtain a construction lien in Arizona?
Litigation related to construction is somewhat common. In some cases, clients take legal action against companies or professionals for failing to fulfill the terms of a contract. Other times, the parties that perform work on a construction project may take legal...
Buying commercial property not zoned for intended uses
Buying commercial property is an important investment. Business leaders and investors might want to purchase vacant land or an older building that they can then retrofit to meet their needs. In some cases, the best or most affordable properties on the market may not...
3 benefits of offering build-to-suit leases for potential tenants
Construction companies and other businesses investing in real property often acquire vacant land. Developing property can be particularly lucrative for businesses and investors. Some companies plan and erect housing developments. Others may choose to develop...
Pursuing payment for a completed construction project
Most construction firms and professionals do not receive payment in full before beginning work. In many cases, clients only offer a portion of the project’s cost as a down payment. The contract that they sign may outline a specific payment plan or may impose a final...
Boundary disputes: how to protect your property rights
Property ownership is more than just having a house or land; it’s about the space you call your own. For many people, that space represents years of hard work and cherished memories. But when questions arise about where one property ends and another begins, tension...
How to handle scope creep in your construction projects
Scope creep kills construction profits faster than almost anything else. When you don't spot it early, it destroys your timeline, shrinks your margins and turns happy clients into difficult ones. The good news? You can stop it before it starts. Build your defense with...
Is it better to buy land or renovate a commercial property?
When acquiring commercial real estate, one thing you may consider is the difference between buying land and building from the ground up or buying an existing building and renovating it. Which one is going to be better for your company? Are there any advantages to...
How developers can manage zoning changes in Arizona
Arizona's growth creates both opportunities and challenges for developers seeking zoning changes. Whether you are planning a residential community in Scottsdale, a commercial space in Tempe or a mixed-use project in Peoria, understanding the rezoning process is key to...
