4 Reasons to Shop Local This Holiday Season

Woman wearing red face mask hangs an open sign on her business's front door.

The holiday season is around the corner. It’s time for good cheer, hot chocolate, twinkling lights, family and giving the perfect gift. Your holiday shopping may look different this year due to the pandemic, but local businesses can help you find Christmas, Hanukkah or Kwanzaa gifts for everyone on your list. New Holiday Shopping Habits … Read more 4 Reasons to Shop Local This Holiday Season

Shopping Safety & Expectations for the Future of Retail

Street view of colorful storefronts and retail shops.

Retail shopping expectations are shifting as consumer habits change. Lockdowns, stay-at-home orders, and general worry across the country have created a “new normal.” According to a survey from McKinsey & Company, four out of five Americans have not returned to pre-COVID activity levels. Consumers are spending more time online—working, shopping, and connecting with others. Many … Read more Shopping Safety & Expectations for the Future of Retail

Can Rent Concessions Help You During COVID-19?

Portrait of young small business man owner with face mask at checkout.

What is a concession in a lease agreement? Good question. One-time rent concessions are usually offered to attract new commercial tenants or entice current tenants to renew their lease. Concessions can come in many forms from offering decreased rent for a period to reducing service fees.  In commercial real estate’s current landscape, concessions on rent … Read more Can Rent Concessions Help You During COVID-19?

Stephen Critchfield Talks The State of Commercial Real Estate During Covid

"Temporarily Closed, Stay Safe" Sign

Stephen Critchfield of Commercial One Brokers gives his insight on local commercial real estate trends during the COVID-19 pandemic. Read more about Stephen’s background, his insights on Missouri’s commercial real estate market this year, and his predictions for trends moving forward. This interview was originally published on COMMERCIALCafé and has been reposted to our blog with … Read more Stephen Critchfield Talks The State of Commercial Real Estate During Covid

How Tenants & Landlords Can Try to Navigate COVID-19

Restaurant owner wearing a face mask stands behind counter.

As the COVID-19 pandemic continues, numerous businesses have shut their doors for good. Yelp’s Local Economic Impact Report from June 25, 2020, states that there have been nearly 140,000 business closures recorded on Yelp since March 1, 2020. Unfortunately, 41 percent of those businesses have permanently closed. The highest closure rates come from retail, restaurant, … Read more How Tenants & Landlords Can Try to Navigate COVID-19

Commercial Lease Agreements 101

With great property comes great responsibility. Commercial lease agreements spell out the responsibilities of both the tenant and landlord. Whether your lease agreement is one page or thirteen, you’ll want to understand the terms before you sign. While there’s no standard commercial lease agreement, most commercial leases address similar items. Read more about what you … Read more Commercial Lease Agreements 101