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Area Focus: John’s Island

Fri, May 17th 2019 2:48 pm by Kaley Briesmaster

Throughout our ongoing “Area Focus” series, we’re exploring the regions of Charleston that are growing, changing, and evolving the most. Read more about it here.

Here are links to the previous posts in the series so you can get caught up:

The areas we’ve explored to date have mostly undergone a recent boom in revitalization and development. In the next couple of blogs, we’ll be looking at some long-standing Charleston suburbs that have always been on the map but are home to recent developments – starting with Johns Island. 

The Rundown: Johns Island used to be thought of Charleston’s “rural” suburb, far from restaurants, shopping, jobs, and oth...




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The True Cost of Owning Commercial Property

Wed, May 1st 2019 7:27 pm by Kaley Briesmaster

If you own commercial property or are considering it, your goals likely include adding a major investment to your portfolio and turning a profit. Whether you are aiming for significant monthly income or see your property as a long-term asset, its important to understand all of the costs that go into owning a large building filled with tenants. Just like owning a home, some expenses are planned and upfront while others can come as a surprise and create a financial burden if you are unprepared. 

Here is a broad overview of major expenses you can expect throughout a year of operating:

Property Taxes. Taxes are a part of life and will be one of your most significant planned expenses. Depend...



Area Focus: Reynolds Ave.

Tue, Apr 16th 2019 5:36 pm by Kaley Briesmaster

If you’re curious what our Area Focus series is all about, you can read more about it here.

We’re exploring the areas of Charleston that are growing, changing and evolving the most.

Previous posts explored the Upper Peninsula and NoMo, both areas that have gained popularity in recent years thanks to restaurants, business development, and neighborhood gentrification. The next area we’re exploring is the lesser-known, up-and-coming region surrounding Reynolds Ave.

The Rundown: Situated on the northern end of “the neck” [of the peninsula], Reynolds Ave. was once one a thriving commercial district. The mid-90s closing of the Naval Ship Yard and the suburban migration left the area discar...



5 Simple Tips That Will Help You Fill Your Commercial Lease Vacancies

Tue, Apr 2nd 2019 7:12 pm by Kaley Briesmaster

Whether you’re the proud new owner of a commercial investment or are looking to fill a spot left by a tenant that has moved on, filling vacancies can be a stressful and time-consuming process. Unlike residential units, which are easy to turn over quickly, commercial properties are more complex and can take months to fill even when you do everything right. These simple tips will help you find new tenants and get them settled as quickly as possible:

  1. Work with an experienced leasing agent. Enlisting the help of a professional will alleviate much of the legwork on your end and make the process as smooth as possible. Experienced commercial agents are in-tune with the market and can help you...


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Area Focus: NoMo

Mon, Mar 18th 2019 6:07 am by Kaley Briesmaster

If you’re curious what our Area Focus series is all about, you can read more about it here

We’re exploring the areas of Charleston that are growing, changing and evolving the most. Last week, we covered one part of the Upper Peninsula, and this week we’re talking all about this area’s other hot neighborhood – North Morrison.

  • The Rundown: Whether you call it North Morrison, NoMo, Half Mile North or something else entirely, there is no denying this regentrifying area of town is making a name for itself. The areas of the Upper Peninsula meld into one another, but we define NoMo as the area that lies between Morrison Drive and Meeting Street, bounded by Huger Street to the south and Gre...


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Area Focus: Upper Peninsula

Wed, Mar 6th 2019 5:11 pm by Kaley Briesmaster

Curious what our Area Focus series is all about? Read more about it here.

Essentially, we’re giving you a rundown on the areas of Charleston that are growing, changing and evolving the most – starting with the Upper Peninsula. Many people lump the North Morrison corridor into the Upper Peninsula but we think this stretch is deserving of attention on its own so this will be in our next post (including Charleston’s best spots for BBQ!)

The Rundown: Charleston’s Peninsula is the heart of the city but the areas to the north of the crosstown were often overlooked in favor of cobblestone streets and waterfront antebellum mansions. The area, known to locals as the “Upper Peninsula,” is in the ...




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Exploring Charleston’s Neighborhoods on the Rise

Mon, Feb 18th 2019 4:15 pm by Kaley Briesmaster

Charleston is growing and expanding faster than any other time in its history. With the metropolitan area now stretched across three counties and pockets of our historical city continually evolving, it can be hard to keep track. 

In this new series, we’ll be taking a look at the areas that are changing the most. We’ll look at recent developments and upcoming projects that are shaping areas of our community as well as provide insight into the people living and working in each area and the overall ambiance each neighborhood embodies. Before we dive in over the next few months, here’s a quick summary to give you the lay of the land (pun intended):

  • Upper Peninsula – Ask anyone who’s lived...


Top tips for attracting commercial tenants that are right for you

Mon, Feb 4th 2019 5:52 pm by Kaley Briesmaster

You’ve searched for the perfect commercial investment space, gone through the necessary steps to purchase it, and suffered through lengthy renovations and building improvements. After months of hard work and stress, it can be tempting to fill your building with the first tenants that come along, but that could be a costly mistake.

When tenants sign a lease with you, you’re agreeing to an ongoing mutual relationship that will hopefully last for many years. Tenants that are responsible and profitable will be the key to your success, but it’s also important to find tenants that are a good fit for your space so that the arrangement is in the best interest of everyone involved.  

Keep these ...



Throwback: Iconic Commercial Buildings in Downtown Charleston

Wed, Jan 23rd 2019 4:42 pm by Kaley Briesmaster

Charleston is full of wonderfully preserved historic buildings and homes. The decades of history shine through many parts of the city through colors, textures, and clear signs of architecture from a different time. While our city works tirelessly to preserve the rich past, time marches on, and the city must also adapt and change to meet the needs of its community and appeal to visitors.

Downtown is home to several historical and iconic commercial spaces. They blend seamlessly with the cobblestone streets and bustling restaurants and shops. If you aren’t looking for them, they can be easily missed – but not because they are not meaningful – they merely have been in place for so long they ...



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6 Commercial Real Estate Trends that will impact the Lowcountry in 2019

Mon, Dec 31st 2018 2:29 pm by Kaley Briesmaster

As we look toward the year ahead, we’re taking a look at six trends we expect to shape the Lowcountry commercial real estate market in 2019.  

  • E-Commerce Influence. As the buying and selling of consumer products moves online and customers continue to expect expedited shipping, the need for warehouse fulfillment centers will continue to rise in 2019. E-commerce behemoth Amazon has plans to open a 17,236 square-foot warehouse across from the Exchange Park Fairgrounds in Ladson, and we expect similar operations from various online retailer to pop up around the area.

  • Reinvestment in Retail. We talked in another blog post about the many benefits that come with a physical storefront in the ...


Welcome Sarah Tamsberg

Tue, Dec 11th 2018 3:41 pm by Kaley Briesmaster

Simply Commercial is excited to welcome Sarah Tamsberg to the team! An 11th generation Charlestonian, Sarah grew up around the family business of real estate investment and development and is eager to jump in and start helping her clients reach their real estate investment goals.

Sarah started her career in design as a consultant helping clients transform their homes into functional and beautiful spaces. During this time, she discovered her passion for creating and maintaining long-term relationships with clients and was drawn back to real estate.

Sarah is an innovative and tenacious problem solver. She enjoys assisting clients new to real estate investing and has a special talent for h...




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CRE101: Breaking down commercial real estate lingo – Part 2

Mon, Dec 3rd 2018 1:30 pm by Kaley Briesmaster

In case you missed our first installment of CRE 101 – check it out here. Each post in this ongoing series covers basic topics to help you understand the world of Commercial Real Estate (CRE). We’re starting with some basic terminology, so you won’t get hung up on the lingo as you learn along the way. 

In Part 2, we’re still focused on broad and basic terms that relate to CRE overall. Be on the lookout in the coming weeks for posts that will dive into terms specific to office buildings, retail space and more.

  • Cash and Cash Return (AKA ROI). Cash and cash return is also known as your return on investment and the reason you’re probably interested in CRE investments. This number represent...


CRE101: Breaking down commercial real estate lingo - Part 1

Tue, Nov 27th 2018 1:15 pm by Kaley Briesmaster

We realize decoding the Commercial Real Estate (CRE) industry can be overwhelming and confusing – that’s why you should always hire an experienced commercial agent to assist you along the way. We’re also excited to offer a new blog series called CRE101, where we’ll be covering basic topics to help you understand the ins and outs of our world. Whether you are just starting out or are a seasoned investor, there will be something for everyone.

With a plethora of acronyms and convoluted phrases making up the CRE dictionary, we’ve compiled a list of need-to-know terms and broken down exactly what each means.

To make it easier to read, we’re breaking it down into a few posts starting the broa...




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5 Simple and Smart Reasons to Invest in Commercial Real Estate

Mon, Oct 22nd 2018 3:13 pm by Kaley Briesmaster

Although the Great Recession is nearly a decade behind us, we understand how years of negative industry press and a fluctuating economy can be nerve-wracking. At Simply Commercial, we believe in real estate – we invest in it and build our livelihood around it. We know there will be ups and downs, but we have faith in the long game and work every day to help our clients make smart investment decisions that will serve them and their families well for many years to come.

We understand the trepidation that comes with any significant investment, but if you’re considering a commercial property, we can help every step of the way and we’ve rounded up a short list of the best reasons to invest in...




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Residential vs. Commercial Investments – Which is right for you?

Wed, Oct 17th 2018 11:46 am by Kaley Briesmaster

Real estate has been a mainstay for investors for decades for many good reasons. With an excellent rate of return, substantial tax advantages and relatively low risk, investing in property can be an exceptional choice for those looking to build wealth. Beyond investing through a purchase of your own home, you may be looking to diversify your portfolio by purchasing additional property.

Real estate investments are either considered to be residential, which includes single-family homes and multi-family properties such as fourplexes and apartment buildings, or commercial, which can range from shopping centers and offices to warehouses and manufacturing space.  Each has its pros and cons, an...




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6 steps to choosing the perfect commercial space to lease

Mon, Sep 24th 2018 5:41 pm by Kaley Briesmaster

Whether you are looking for an office that will promote happiness and productivity for your employees or are seeking a chic retail spot that will give off all the right vibes to your customers, choosing a commercial space to lease is a big decision and one that you should consider carefully.

Moving is time-consuming and can be expensive, especially if you do renovations or make any custom modifications. You don’t want to move in, only to realize the space isn’t quite right for your business.

Here are 6 simple steps to help you find the best space that will help your business flourish:

  1. Hire a commercial real estate agent. You are looking for a gem, and you may need some help. A local ...



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Do I Really Need A Commercial Property Manager?

Thu, Sep 13th 2018 5:26 pm by Kaley Briesmaster

Finalizing the purchase of a commercial property is just the first step in managing your new investment. If you are up for the task of signing leases, maintaining relationships with your tenants, and keeping the property in tip-top shape, you may be able to serve as your own property manager. If all that sounds like a lot of work, you may want to consider hiring a professional to ensure your new asset is running smoothly. What exactly can a property manager take off your plate?

  • Targeted marketing to ensure you’re leasing at full potential to tenants that make sense for your space 
  • Handling the details of lease agreements and renewals
  • Collecting monthly rent from tenants
  • Managing pro...



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The Benefits of Brick and Mortar in an Online World

Wed, Aug 22nd 2018 3:59 pm by Kaley Briesmaster

It can be hard to keep up with the ongoing stream of retail deaths – Toys R Us being the most recent company to fall victim to the e-commerce movement. In today’s world, it can be challenging for retailers to compete with the variety of merchandise and discounts available online. Add to that free fast shipping and the ability to shop from the comfort of your home and we definitely get the appeal. But as a company dedicated to physical spaces, we still see the value in having a brick and mortar location. If the overwhelming trend toward cyberspace has you questioning your businesses’ viability in the real world, here are a few reasons to still consider setting up an actual shop.

  • A Local...



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Should You Invest In Industrial Space in the Lowcountry? 

Thu, Aug 2nd 2018 2:39 pm by Kaley Briesmaster

When we think of commercial real estate spaces, visions of sleek office buildings and roadside strip malls spring to mind. But industrial spaces, while not as glamorous, can prove lucrative as they are often less expensive to own and operate than other commercial investments.

South Carolina is quickly becoming an industrial hub and the growth in this sector will only continue. For the investor experienced with other forms of commercial properties, adding industrial or manufacturing space to a portfolio can make a lot of sense. In the Lowcountry, we expect increased industrial activity throughout the region resulting in lower vacancy and higher rental rates, creating a promising outlook f...



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Perks and Pitfalls of Leasing Commercial Space in a Historic Building

Thu, Aug 2nd 2018 2:35 pm by Kaley Briesmaster

Charleston was recently named the Best City in America for the sixth straight year by Travel + Leisure. From cobblestone streets, moss-draped trees, and horse-drawn carriages to the decades of architecture and surrounding waterfront views, it’s easy to see why our city is beloved by locals and tourists.

History is everywhere you turn and the various buildings, many more than a century old, each tell a story. Like the city they are built on, these buildings exude an undeniable charm. Much like living in an older home, running a business in a historic building comes with a unique set of pros and cons that should be considered when searching for commercial space to set up shop.

 Pros

  • Lo...



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