Naomi S.

When going into commercial real estate deals, you want to ensure you have a top-notch attorney who will go over everything with you. If the deal goes south for any reason, then you want the best backing you up to keep your reputation sound and protect you from threats.

Know your business goals before searching for commercial property! Know just what type of office space you will be using. If you are planning growth for your company, you should consider buying additional space now while the real estate market is at its lowest, rather than wait until later when prices go up.

Find out how the company you are working with measure results. Ask how they will make determinations regarding space requirements, what criteria they use to vet potential properties and how they intend to get you the best price. Knowing these things before signing on with them can be very helpful.

Don't underrate the importance of your relationships with lenders or investors when you're in the market to purchase commercial property. For example, commercial properties are often sold without ever making it to a listing, so having many people in your own network can help you know more and get inside scoops on some great deals.