Resources for commercial property owners
Better questions.
Clearer decisions.
Answers, real outcomes, and expert conversations for New England commercial property owners, whether a sale is years away or already on the table.
01 / Owner Q&A
Start with the right question.
Every property and ownership situation is different. These answers can help you identify what to evaluate before making your next move.
01What’s my building worth?
Your building can be valued in comparison to other, similar buildings that have sold in the area.
Your building’s value may be determined as a factor of its net income. The cap rate is the net income divided by the sale price. Cap rates vary based on quality, risk, and growth potential.
The quality of your leases will have a major impact on the building’s value.
Major repairs or environmental problems will reduce the value of your building.
Your building will not be worth the same to all buyers. Finding the right buyer will maximize its value.
02What do I need to do in the five years before I sell my building?
- Increase my rents, extend leases, and convert to triple net leases where possible.
- Complete cosmetic renovations and major repairs where applicable.
- Develop a strategy for where to re-deploy the equity, either via tax free exchange into real estate or into other asset classes.
03Do I qualify for a 1031 exchange?
Almost all owners can do a 1031 exchange, if they follow specific rules:
- You must hire a Qualified Intermediary prior to closing on the sale of your property.
- You must buy real estate within six months of closing on the sale of your current property.
- This new property cannot be a primary residence.
- To maximize the exchange the property must be of equal or greater value than the one you are selling.
You can buy properties that are completely managed by corporate tenants, meaning you have zero work to do.
04How does The Klein Group create value throughout the ownership cycle?
Buy
Access our industry leading database of exclusively listed investment properties. Our Direct outreach program will help you secure off market opportunities. Our rolodex of experts ensures you have the right team to get through due diligence and financing.
Hold
Most of our clients hold properties from five to fifteen years. During this period, we provide research reports, anecdotal evidence of market changes and consult on best leasing and asset management practices. We hope to meet owners years before it is time to come to market. This allows us to help them maximize the value of their property before it is time to sell.
Sell
Our aggressive marketing techniques, national reach, and cutting-edge technology ensures you get the highest price, best terms and smoothest transaction when you are ready to sell. We believe strongly that maximum exposure correlates to the best outcomes. We also have a private placement model that will allow you to sell quickly and quietly. Finally, if a quick execution is critical, we have a proven auction technique that achieves a closing in ninety days.
This material is provided for general informational purposes and is not legal, tax, accounting, or investment advice. Owners should consult their own professional advisors regarding their specific circumstances.
03 / Watch & learn
Expert conversations, on demand.
Longer-form discussions about the financial, operational, and personal decisions that often come with commercial property ownership.
Stepping Back
Harrison Klein, Kent Fitzpatrick, and Robert Bowen discuss ways commercial real estate owners can reduce day-to-day responsibilities while planning around the wealth they have built.
Watch on YouTubeTalk through the possibilities
Know what you own. Know your options.
If you are weighing a lease, a sale, a transition, or simply want an updated perspective on value, our team can help you frame the decision.