Business Condominiums are an efficient way for business owners to purchase a property without the need to raise additional capital to purchase something larger than is currently required. It can shelter a business from increased rental increases and provides the business security of being a property owner not a tenant which can be relocated or not renewed.
For the developer or seller, business condominiums provide a way to sell a property over time or sell to an additional set of Buyers meeting the market needs in new and profitable ways.
NAI Commercial has been the exclusive broker for dozens of commercial condominium projects. We have partnered with developers seeking a new project, assisting in design, layout, or building a team to see the project through from inception to completion.
If you are considering building your next project or selling an existing business condominium be sure to consider having our experts on your side.