For owners of small and medium-sized businesses the decision to lease space or purchase can be daunting. Each of these options can bestow significant advantages or cause minor-to-major difficulties.

It is our goal to provide you with the necessary real estate knowledge to make informed decisions, not replace your accountant or other financial advisor. We offer detailed market information and honest recommendations from the position of a disinterested third-party.

The decision to lease or purchase commercial real estate is not simply a choice between two alternatives, but rather a series of options that must be evaluated.

In leasing commercial space, careful consideration must be given to the length of the lease, treatment of expenses (who pays for what between landlord and tenant), effective rent or actual occupancy costs, tenant improvements, and lease renewal options.

Comparatively, when purchasing a facility, businesses need to develop accurate growth projections and forecast their space needs well into the future. Acquiring space sufficient to meet current requirements may constrain future growth; while maintaining excess space capacity in anticipation of growth can result in a drain on current cash flows.

These brief examples represent only a small sample of the complex factors that must considered and analyzed before making an informed decision.

We can also provide our clients with comparative insight into the relative merits of a various prospective leases, including terms, rents, renewals, and landlord-provided tenant improvements. NWC is also able to provide purchasers with an array of due diligence services.

Let us provide you with a second opinion. We will improve the quality of your decisions.