by EMG | Nov 5, 2021 | Information
Office Space in Westfield, MA L&P Commercial is pleased to welcome The Next Street to The Westwood Building at 94 North Elm Street in Westfield, MA. The Next Street was voted Best Driving School in Connecticut. This is their second Western MA location. The Next...
by EMG | Oct 12, 2021 | Information
Commercial Leasing in Westfield, MA L&P Commercial is pleased to welcome Work Opportunity Center, Inc. to The Westwood Building at 94 North Elm Street in Westfield, MA. They will be occupying 7,000 square feet of the ground floor on a long term lease. Work...
by EMG | May 3, 2021 | Information
Q1 Commercial Real Estate Award We’re excited to announce we are being recognized by CoStar US as a 2021 CoStar Power Broker Quarterly Deals winner for Q1! The CoStar Power Broker Quarterly Deals honor the very best transactions in commercial real estate every...
by EMG | Mar 18, 2021 | Information
DEFINING THE CAPITALIZATION RATE The capitalization rate (often referred to as cap rate) is a valuation measure in the commercial real estate industry used to indicate the rate of return expected on a real estate investment property. The cap rate is the ratio of net...
by EMG | Feb 3, 2021 | Information
The impact of COVID-19 on commercial real estate While the COVID-19 Pandemic has wreaked havoc on the retail and office market, residentialactivity has been on fire. According to the Census Bureau, annualized spending was $667 Billionin 2020 for residential real...
by EMG | Nov 23, 2020 | Information
For example, understanding the lease type is critical to budgeting your rent. If the lease is a triple net (NNN) lease, then the tenant needs to understand that there are multiple expenses not included in the base rent. Triple net leases separate taxes, insurance and...
