Philadelphia, PA (September 11, 2019) — Sands Investment Group (SIG) is pleased to announce that Thomas Gorman has joined the firm as managing director of the new Philadelphia office slated to open in October 2019. Read more
SIG broker recently brought in buyer for a challenging grocery property in El Centro, CA. Despite plummeting stock and rising interest rates, SIG was able to get the seller $350,000 more than he would have taken as a bottom-line price on the property.
Working with SIG brokers is the best way to leverage top listings, lending, and marketing efforts. In this deal, SIG broker John Cigliano was able to successfully overcome stock and interest rate challenges to bring in a buyer for an El Centro commercial real estate property.
The leader in the firm’s Atlanta office tells the next generation to remember that you are never as smart as you think you are when the market is great and you are never as bad as you think you are when the market is terrible. Read more
Chris Sands, founder of Sands Investment Group, charts the changing nature of retailers and how some of the larger footprint concepts are adapting to e-commerce trends. Read more
An industrial gross lease (also called a modified gross lease in some markets) is a type of commercial real estate contract that is often used to create a mutually beneficial deal between the property owner and the tenant on an industrial or warehouse property. In an industrial gross lease, the tenant is responsible for some (but not all) of the operating expenses of the property, which they pay to the property owner in addition to their agreed upon monthly rent.