The greatest commercial real estate moguls have a few things in common, one of which is that they know what kind of building they want to build. Some investments are more profitable than others.
On that note, Steven Rindner shares the profitable structures in commercial real estate.
Office buildings: Office buildings have always made real estate investors a lot of money. From low-rise structures to skyscrapers, companies rent out spaces at incredible prices. The better the location, the bigger the profit.
Malls: Of all the retail buildings, the mall has risen to be the king in terms of profit. Today, malls have gone on to be superstructures that span hundreds of thousands of square feet, housing hundreds of stores that pay top dollar for rent.
Hotels: The greatest structures of the hospitality industry, hotels are as strong as ever, even with alternative means of accommodations opening up such as B&Bs and hostels. Every year, millions of tourists visit an area just to stay in a hotel or resort.
Warehouses: Harris Scott Kreichman mentions just how underrated warehouses can be. First off, they are not as expensive to build as other structures on this list. Because of this, profits for renting out warehouses can be through the roof.
A graduate of the University of Delaware and St. John’s University School of Law, Steven Rindner has served in various companies across different industries, real estate included. He is also a fan of marathon running. Visit this page for similar reads.
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Image source: Institutionalinvestor.com
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Image source: dw.com
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Office buildings: Office buildings have always made real estate investors a lot of money. From low-rise structures to skyscrapers, companies rent out spaces at incredible prices. The better the location, the bigger the profit.
Malls: Of all the retail buildings, the mall has risen to be the king in terms of profit. Today, malls have gone on to be superstructures that span hundreds of thousands of square feet, housing hundreds of stores that pay top dollar for rent.
Hotels: The greatest structures of the hospitality industry, hotels are as strong as ever, even with alternative means of accommodations opening up such as B&Bs and hostels. Every year, millions of tourists visit an area just to stay in a hotel or resort.
Warehouses: Harris Scott Kreichman mentions just how underrated warehouses can be. First off, they are not as expensive to build as other structures on this list. Because of this, profits for renting out warehouses can be through the roof.
A graduate of the University of Delaware and St. John’s University School of Law, Steven Rindner has served in various companies across different industries, real estate included. He is also a fan of marathon running. Visit this page for similar reads.
