The Broker List – Blog

The Broker List – Blog

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Independent CRE practitioner community sharing market reports, strategy, deal notes, and valuation/finance posts.

Do You Have to Replace Debt in a 1031 Exchange?
NewsApr 23, 2026

Do You Have to Replace Debt in a 1031 Exchange?

Many investors mistakenly think a 1031 exchange requires taking on a new loan equal to the debt paid off on the relinquished property. In reality, the IRS only demands that the replacement property’s total value match or exceed the sold...

By The Broker List – Blog
No Media Team, Just Consistency: How to Build a National CRE Following on LinkedIn
NewsApr 23, 2026

No Media Team, Just Consistency: How to Build a National CRE Following on LinkedIn

Tina, a broker at NAI Capital Commercial, was named #15 on CREi’s Top 15 LinkedIn Influencers in commercial real estate, up from #22 last year. She attributes her rise to a disciplined habit of posting candid, early‑morning updates about day‑to‑day...

By The Broker List – Blog
The Importance of Access for Retail Tenants and Developers
NewsApr 22, 2026

The Importance of Access for Retail Tenants and Developers

Access is the linchpin of retail site success, dictating whether convenience‑driven tenants like c‑stores, gas stations, and QSRs can attract pass‑by traffic. Developers must evaluate vehicle movement, curb cuts, and cross‑access potential before committing to a parcel, often collaborating with...

By The Broker List – Blog
When 5G Expansion Actually Increases Your Leverage
NewsApr 21, 2026

When 5G Expansion Actually Increases Your Leverage

The article explains how 5G network densification turns routine equipment upgrades into negotiation leverage for property owners hosting wireless infrastructure. As carriers add antennas, radios, and ground equipment to support mid‑band spectrum and capacity‑driven services, they often need lease amendments...

By The Broker List – Blog
How Oil Prices Affect CRE
NewsApr 21, 2026

How Oil Prices Affect CRE

Rising oil prices are reverberating through the U.S. commercial‑real‑estate market, beginning with higher freight costs that strain supply chains. Those costs push tenants toward well‑located industrial sites near population centers, while the inflationary pressure from energy spikes nudges the Federal...

By The Broker List – Blog
Aviva Sonenreich to Join Denver Industrial Outlook Bisnow Panel
NewsApr 21, 2026

Aviva Sonenreich to Join Denver Industrial Outlook Bisnow Panel

Aviva Sonenreich, Managing Broker at The Warehouse Hotline, will join a Bisnow expert panel at the Denver Industrial Outlook conference on June 30, 2026. The event gathers developers, investors, occupiers and infrastructure leaders to dissect leasing activity, capital flows and...

By The Broker List – Blog
You Didn’t Write It… But You Expect Me to Read It? And Worse… You Didn’t Analyze It, But You Expect...
NewsApr 20, 2026

You Didn’t Write It… But You Expect Me to Read It? And Worse… You Didn’t Analyze It, But You Expect...

Todd Kuhlmann warns that commercial‑real‑estate professionals are over‑relying on AI to generate lengthy emails and polished deal write‑ups that lack substantive analysis. While AI can streamline communication, it often expands content without adding insight, leading brokers to present unvalidated numbers...

By The Broker List – Blog
Are Mixed-Use Properties the Future of Urban Development?
NewsApr 20, 2026

Are Mixed-Use Properties the Future of Urban Development?

Mixed-use developments are reshaping urban skylines by integrating residential, office, retail, and hospitality functions within a single project. The model appeals to city dwellers and businesses seeking convenience, walkability, and reduced commute times. Developers tout the risk‑mitigation benefits, as diversified...

By The Broker List – Blog
Summerlin Restaurant NNN Lease Extension in Las Vegas — Ohlala French Bistro Renews 1,993 SF
NewsApr 17, 2026

Summerlin Restaurant NNN Lease Extension in Las Vegas — Ohlala French Bistro Renews 1,993 SF

M Square Commercial negotiated a five‑year NNN lease extension for Oh la la French Bistro, securing its 1,993‑square‑foot Summerlin location on North Rampart Boulevard. The extension, signed on October 9, 2025, preserves occupancy for the tenant and provides long‑term cash‑flow stability for landlord Rampart...

By The Broker List – Blog
How Buyers Underwrite Deferred Maintenance in 2026
NewsApr 17, 2026

How Buyers Underwrite Deferred Maintenance in 2026

In 2026 commercial‑real‑estate buyers are shifting from pure income analysis to a durability‑first approach, treating deferred maintenance as a core valuation driver. Third‑party condition assessments now anchor pricing, reserve assumptions, and leverage decisions. A $500,000 repair bill can lift cap...

By The Broker List – Blog
Why You, as the Founder, Cannot Be the Bottleneck in Your Brokerage
NewsApr 17, 2026

Why You, as the Founder, Cannot Be the Bottleneck in Your Brokerage

Founders of real‑estate brokerages often start by handling every task, which fuels early growth but eventually caps scalability. When all decisions funnel through one person, the firm’s speed matches the founder’s personal capacity, leading to stalled deals and missed opportunities....

By The Broker List – Blog
Brad’s Blog – 1st Quarter 2026 Inland Empire & Eastern San Gabriel Valley Retail Update
NewsApr 16, 2026

Brad’s Blog – 1st Quarter 2026 Inland Empire & Eastern San Gabriel Valley Retail Update

The Inland Empire and Eastern San Gabriel Valley retail market posted $992 million in Q1 2026 sales, an 88% jump over the three‑year quarterly average, driven largely by the $530 million Victoria Gardens mall transaction. Stripping out that outlier still leaves sales 10% above...

By The Broker List – Blog
Why LA Office Tenants Who Wait Are Paying for It
NewsApr 16, 2026

Why LA Office Tenants Who Wait Are Paying for It

Los Angeles office vacancy slipped to 22.7% in Q1 2026, driven by a pronounced flight‑to‑quality that has pushed Century City Class A vacancy down to 13.6%. Tenants are increasingly forced to act as leases expire, often facing holdover penalties of 125‑200% of...

By The Broker List – Blog
Understanding the Common Area Factor: Rentable vs Useable Square Feet
NewsApr 15, 2026

Understanding the Common Area Factor: Rentable vs Useable Square Feet

The article demystifies the common area factor (CAF) that turns usable square footage into rentable square footage in office leases. It explains how floor and building CAFs—typically 6‑20%—are applied, and provides formulas for converting USF to RSF. The piece stresses...

By The Broker List – Blog
Triple Net vs Gross Warehouse Leases — and Why Landlords Don’t Cap NNN Expenses
NewsApr 7, 2026

Triple Net vs Gross Warehouse Leases — and Why Landlords Don’t Cap NNN Expenses

The article contrasts triple‑net (NNN) and gross warehouse leases, explaining how each allocates rent, taxes, insurance and CAM. It notes that full caps on NNN expenses are rare because many costs lie beyond the landlord’s control, though caps on controllable...

By The Broker List – Blog
Which Is Harder, an Owner or Occupant Assignment?
NewsApr 7, 2026

Which Is Harder, an Owner or Occupant Assignment?

The article compares tenant (occupant) representation with owner representation in commercial real‑estate brokerage, outlining distinct challenges each side faces. Occupant assignments demand uncovering vague client needs, balancing operational goals with financial realities, and often managing internal uncertainty. Owner assignments revolve...

By The Broker List – Blog
Rooftop Leases: Why Multifamily Owners Hold Unique Wireless Leverage
NewsApr 6, 2026

Rooftop Leases: Why Multifamily Owners Hold Unique Wireless Leverage

Rooftop leases have become a strategic asset for multifamily owners as carriers seek elevated, high‑capacity sites in dense urban markets. Buildings that can support antenna arrays without costly structural upgrades give carriers a ready‑made platform, bypassing the lengthy entitlement process...

By The Broker List – Blog
Office Space Lease in Las Vegas, NV — Blue Heron Secures 48,195 SF at Town Square
NewsApr 3, 2026

Office Space Lease in Las Vegas, NV — Blue Heron Secures 48,195 SF at Town Square

Blue Heron, a Las Vegas‑based architecture and design firm, signed a 48,195 sq ft office lease at Town Square, a premier mixed‑use destination. The 10‑year lease, effective May 10 2024, was brokered by M Square Commercial on behalf of the tenant and SRMF Town...

By The Broker List – Blog
Regional Distribution Center at 100 Brookdale Drive Leased to Breakaway Real Estate (Manny’s Appliances) in Springfield, MA
NewsApr 3, 2026

Regional Distribution Center at 100 Brookdale Drive Leased to Breakaway Real Estate (Manny’s Appliances) in Springfield, MA

Jennings Real Estate successfully leased the 50,000‑square‑foot warehouse at 100 Brookdale Drive in Springfield, Massachusetts to Breakaway Real Estate LLC, the entity behind Manny’s Appliances, with no vacancy gap. The property features 12 truck docks, 18‑foot ceiling heights, and direct...

By The Broker List – Blog
Aviva Sonenreich to Moderate Panel at Denver Data Centers Summit 2026
NewsApr 2, 2026

Aviva Sonenreich to Moderate Panel at Denver Data Centers Summit 2026

The Colorado Real Estate Journal’s Denver Data Centers Summit 2026 will convene on April 14 at The Cable Center, gathering commercial real‑estate leaders, policymakers, and data‑center specialists. Aviva Sonenreich, Managing Broker of The Warehouse Hotline, will moderate a high‑profile panel...

By The Broker List – Blog
AI Is Not Coming. It Is Here.
NewsMar 31, 2026

AI Is Not Coming. It Is Here.

Allen Buchanan, a principal at Lee & Associates, argues that artificial intelligence is already reshaping commercial‑real‑estate brokerage. While AI cannot replace the trust‑building role of brokers, it can instantly analyze leases, market data, and ownership patterns, dramatically speeding up research....

By The Broker List – Blog
The Cargo Cooldown Hits Southern California’s Warehouse Market
NewsMar 26, 2026

The Cargo Cooldown Hits Southern California’s Warehouse Market

January 2026 saw the combined Port of Los Angeles and Long Beach handle 831,412 loaded import TEUs, a 13% year‑over‑year decline as the tariff‑driven surge of the prior year faded. The slowdown is reflected in rising industrial vacancy across Southern...

By The Broker List – Blog
Office Space at 100 First Stamford Place Leased to Pantheon Electric in Stamford, CT
NewsMar 25, 2026

Office Space at 100 First Stamford Place Leased to Pantheon Electric in Stamford, CT

Pantheon Electric has signed a 4,853‑square‑foot Class A headquarters lease at 100 First Stamford Place in Stamford, Connecticut. The deal, brokered by John Hannigan of Choyce Peterson, includes a competitive rental rate, a rent‑free period, and landlord‑funded tenant improvements. The location...

By The Broker List – Blog
Supply Pullback Stabilizes Orange County Multifamily Market
NewsMar 19, 2026

Supply Pullback Stabilizes Orange County Multifamily Market

Orange County’s multifamily market entered 2026 with moderated activity as developers sharply reduced new deliveries. Vacancy held steady at 3.8% while average asking rents slipped $9 but still rose 1.7% year‑over‑year. Fourth‑quarter 2025 saw a 26% drop in unit deliveries...

By The Broker List – Blog
The ASC Sale-Leaseback Opportunity
NewsMar 18, 2026

The ASC Sale-Leaseback Opportunity

Ambulatory Surgery Center owners are increasingly using sale‑leasebacks to turn trapped building equity into cash while keeping operational control. By selling the property to an investor and signing a 10‑15‑year triple‑net lease, physicians can boost EBITDA, improve valuation multiples, and...

By The Broker List – Blog
Retail Building at 525 Tunxis Hill Road Sells for $888,888 in Fairfield, CT
NewsMar 18, 2026

Retail Building at 525 Tunxis Hill Road Sells for $888,888 in Fairfield, CT

Choyce Peterson brokered the sale of a fully leased 2,619‑square‑foot retail building at 525 Tunxis Hill Road in Fairfield, Connecticut for $888,888. The property, anchored by In Higher Spirits, sold to local investors Scott and Eva Howes, who intend to...

By The Broker List – Blog
Why International Footprints Don’t Sell NYC Investment Properties
NewsMar 13, 2026

Why International Footprints Don’t Sell NYC Investment Properties

International brokerage firms claim global networks attract foreign capital to NYC real estate, but data from veteran broker Robert Knakal shows otherwise. Over 14 years at CBRE, Cushman & Wakefield, and JLL, 538 transactions generated 9,146 offers, yet none originated...

By The Broker List – Blog
CREi Women of Influence: Aviva Sonenreich Honored for Outstanding Leadership in Commercial Real Estate
NewsMar 13, 2026

CREi Women of Influence: Aviva Sonenreich Honored for Outstanding Leadership in Commercial Real Estate

Aviva Sonenreich, Managing Broker of The Warehouse Hotline, was honored as a 2026 CREi Women of Influence. The award recognizes her leadership, innovation, and mentorship across commercial real estate, digital platforms, and industry events. Sonenreich also heads the nationally ranked...

By The Broker List – Blog
Brad’s Blog – Grading the 9 Inland Empire Regional Malls
NewsMar 12, 2026

Brad’s Blog – Grading the 9 Inland Empire Regional Malls

Brad’s blog for Progressive Real Estate Partners grades nine Inland Empire regional malls using foot‑traffic, vacancy, anchor health, and amenity metrics. Ontario Mills and Victoria Gardens earn the top marks (A+ and A) while several properties, such as The Shops...

By The Broker List – Blog
Why Credit Tenants Still Matter in Today’s Office Market
NewsMar 12, 2026

Why Credit Tenants Still Matter in Today’s Office Market

Target Corp paid nearly $110 million to buy out its roughly one‑million‑square‑foot lease at Minneapolis’s City Center tower after vacating in 2021. The deal underscores how credit‑worthy tenants can provide landlords with stable cash flow and sizable termination payments even when...

By The Broker List – Blog
Submarket Spotlight: Denver, Brighton & Northern Colorado Industrial Market
NewsMar 3, 2026

Submarket Spotlight: Denver, Brighton & Northern Colorado Industrial Market

Colorado’s industrial warehouse market is fragmented into distinct submarkets, each driven by functional priorities rather than aggregate metro metrics. In Denver’s infill and core corridors, limited land and high labor proximity sustain strong demand for small‑bay, last‑mile spaces, while Commerce...

By The Broker List – Blog
Office vs Creative Office in Culver City: Costs, Layouts, and How to Choose the Right Space
NewsMar 2, 2026

Office vs Creative Office in Culver City: Costs, Layouts, and How to Choose the Right Space

Culver City’s office market now splits between traditional, efficiency‑driven spaces and creative, collaboration‑focused environments. Traditional offices charge $4‑$5 per square foot and allocate 120‑150 sq ft per employee, while creative offices command $5.5‑$7.5 per square foot and require 150‑200 sq ft per head. Build‑out...

By The Broker List – Blog
The Cost of an Interior Office Build-Out
NewsFeb 27, 2026

The Cost of an Interior Office Build-Out

The article outlines current interior office build‑out costs for a typical 25,000‑sf floor plate in Houston, breaking down basic, mid‑range, and high‑end tenant improvement (TI) allowances. It provides per‑square‑foot cost ranges—$83‑$104 for basic, $107‑$140 for mid‑range, and $158‑$280 for premium...

By The Broker List – Blog
Retail NNN Lease in Lake Charles, LA — 7 Brew Secures 1.11 Acres for 15 Years
NewsFeb 23, 2026

Retail NNN Lease in Lake Charles, LA — 7 Brew Secures 1.11 Acres for 15 Years

M Square Commercial closed a 15‑year triple‑net lease for 7 Brew’s 510‑square‑foot drive‑thru coffee concept at 4735 Nelson Road, Lake Charles. The lease, effective August 11 2025, positions the brand on a high‑visibility corridor with 24,562 vehicles per day and direct access...

By The Broker List – Blog
Four Buildings in Norwalk, CT’s Merritt 7 Corporate Park Sold – Announced in January 2026, Ushering in a New Era
NewsFeb 18, 2026

Four Buildings in Norwalk, CT’s Merritt 7 Corporate Park Sold – Announced in January 2026, Ushering in a New Era

In January 2026 Argent Ventures purchased four Class A office buildings at Merritt 7 in Norwalk, Connecticut, comprising roughly 945,000 square feet for $58.5 million. The portfolio was sold by a joint venture of the New York State Teachers’ Retirement System...

By The Broker List – Blog
Century Development Group Acquires Development Site On Northern Boulevard Flushing For $16M
NewsFeb 17, 2026

Century Development Group Acquires Development Site On Northern Boulevard Flushing For $16M

Century Development Group purchased a prime development parcel at 144-28 Northern Boulevard in Flushing, Queens for $16 million. The 14,375‑square‑foot lot offers 69,000 buildable square feet, translating to $231 per buildable foot and $1,113 per land foot. Delivered fully vacant with...

By The Broker List – Blog
Westside Los Angeles Office Space Trends in 2026: What Tenants Are Doing Differently
NewsFeb 13, 2026

Westside Los Angeles Office Space Trends in 2026: What Tenants Are Doing Differently

The Westside Los Angeles office market has softened but become more rational, giving tenants greater flexibility and control over space and lease length. Companies across Santa Monica, Culver City, Playa Vista and Marina del Rey are prioritizing smaller footprints, hybrid‑work...

By The Broker List – Blog
Part 4: Tax Structures, Legal Planning, and The Three Paths Forward
NewsFeb 12, 2026

Part 4: Tax Structures, Legal Planning, and The Three Paths Forward

The article warns that relying on outdated tax and legal structures for inherited commercial real‑estate can trap heirs in inflexible, costly situations. While a step‑up in basis lowers capital‑gains tax, it does not address liquidity, governance, debt maturity, or asset...

By The Broker List – Blog
Fourth Quarter 2025 Las Vegas Industrial Market Report
NewsFeb 11, 2026

Fourth Quarter 2025 Las Vegas Industrial Market Report

Las Vegas’s industrial inventory reached 198.3 million square feet in Q4 2025, a 4.5% year‑over‑year increase. Under‑construction space fell sharply to 5.4 million square feet, down 38% from the prior year. The quarter saw 37 transactions totaling $213.9 million, with an average...

By The Broker List – Blog