During the past few years, KCRE has represented buyers and tenants in the Washington area marketplace. Here are some of the reasons the clients of KCRE have purchased office space:
- Favorable interest rates
- Client wants control over its facility
- Reserves are available for the down payment
- Prices of vacant buildings have softened in some markets
- Tax advantages of ownership
In some cases, tenants have turned into buyers, once the carrying costs of a building are analyzed. Our firm has the tools to break down the costs of office building ownership for you. With our banking partners, we can illustrate the benefits of owning vs. leasing.
You may still find that it makes more sense to lease space. Perhaps, you anticipate growth in your firm’s future and you want the flexibility to expand or to move. Or, you may see a need to use your capital reserve for other business needs. Still another reason to continue to lease may be the flexible leasing market. At KCRE, we listen to your needs and help you decide upon the best option for your business.