how does one convert an commercial office building to Tenant-in-Common to start selling some of it

In General Area - Asked by Sanjay J. - Feb 1, 2009
Report Abuse
Answer this Question

Answer(s)

John L.
Owner/Investor
Charlevoix, MI

I have successfully accomplished this type of conversion in many buildings in southeast Michigan. Before I can respond to this particular question, please provide more information, i.e.: (1) how large is building? (2) how many floors? (3) how are utilities provided? electrical, water, gas (natural, lp, or?) (4) parking? where located, how much is provided for? (5) what is the market rate for office space similar to products of this kind in the area? (6) where is the property located? If market rate of gross rent is above middle band, general reception is a possible design element. If not, we need to think of another approach. johnmlafata@charter.net

Feb 11, 2009
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question