Mike Tolj's (miketolj) Blog

Empty offices staring you down like sad puppies? It’s time to turn those vacant spaces into money-making machines. As a seasoned commercial real estate pro, I’ve seen firsthand how adaptive reuse and flexible workspace solutions can breathe new life into underutilized properties. From coworking h...

Let’s face it: property taxes are the uninvited guest at every CRE owner’s party. They show up, eat all your profits, and leave you wondering why you even bothered investing in the first place. But here’s the thing – it doesn’t have to be that way!As a seasoned pro in the commercial real estate w...

Planning Your Commercial RenovationLet’s dive into the planning phase, the foundation of a successful commercial renovation. I know the urge to start tearing down walls can be strong, but hold that enthusiasm for a moment. A solid plan is your best ally here. Start by clarifying what you want to ...

Innovative Strategies to Boost Apartment Occupancy Rates in 2024 and BeyondHigh occupancy rates are the heartbeat of the apartment rental business. Whether you're managing a small 50-unit complex or a sprawling 500-unit community, keeping your occupancy high is crucial for your property’s financi...

Recessions are as unwelcome as a skunk at a garden party, but in the realm of commercial real estate, they are a reality we must prepare for. Al Brooks, Head of Commercial Real Estate for JPMorgan Chase, suggests that the likelihood of a recession in 2023 is over 50%, and that’s on the optimistic...

In today's fast-paced business world, optimizing commercial space has become more crucial than ever. As companies strive to create environments that enhance productivity and employee satisfaction, understanding how space is utilized is the first step in this journey. By analyzing how each corner ...

🚨 PRICE REDUCTION 🚨Explore a premier office condo for sale or lease in Eagle Rock, Los Angeles—just minutes from Pasadena.🏢 This elegant two-story property offers 4,790 sq. ft. of premium workspace, including executive offices, a reception area, and a kitchenette. With 11 designated parking spots...

In this comprehensive guide, I’ll share my expertise and insights to help you master the art of commercial lease negotiations. We’ll explore key considerations, strategies, and best practices to ensure you achieve the most favorable outcome for your business. So, let’s dive in and unlock the secr...

Commercial foreclosures represent a unique segment of the real estate market, presenting valuable opportunities for investors who grasp their complexities and risks. These properties, which have undergone foreclosure due to the owner's inability to meet mortgage obligations, may offer advantageou...

Did you know that the global commercial real estate market, valued at a whopping $7.2 trillion in 2023, is expected to skyrocket to $9.91 trillion by 2033? That’s a goldmine of opportunities waiting to be discovered! But here’s the kicker – only a fraction of real estate firms are leveraging data...