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While many US real estate markets have seen and continue to see losses in commercial real estate, Office Condominiums have emerged with the potential for continued growth. This innovative use of traditional condominium property has many advantages over leased office space.

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Leasing office space … that’s so 20th century. Seriously, the days of small- to medium-sized businesses renting an office is becoming a thing of the past. More and more, accountants, mortgage brokers, doctors and other service-based professionals are making the move to purchasing office condos, fully customizable spaces that offer businesses a multitude of benefits.

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The latest fashion in the real estate market is buying or renting an office condo. Condo office space is available in plenty, and the trend is becoming very popular.

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U.S. office vacancy rate falls

* Rents rise for fourth straight quarter

By Ilaina Jonas

Oct 5 (Reuters) - The U.S. office vacancy rate fell in the third quarter and rent increased for the fourth straight quarter, but gridlock in Washington and economic uncertainty slowed tenants' desire for more office space as the quarter progressed, according to an widely followed industry report.

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With ever-changing U.S. office vacancy rates and stock markets, it is uncertain what the future may bring. A small business owner needs to carefully weigh the pros and cons of leasing or buying office space.

 

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Commercial condominiums have appeared on the real estate market recently and small businesses are taking advantage of the benefits. While this option isn’t viable for every small business, it can make a huge difference for those companies that can most benefit. 

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Nine Reasons Why TEXAS Is A Place To Put Your Money

 

A recent article in the October 2011 Issue of Tierra Grande Journal of Real Estate Center at Texas A&M University provides nine reasons why Texas has a brighter future than most in real estate.

 

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With office rents on the rise, especially in The Woodlands now is the time to add up what you have spent in rent. If you assume a 4500 square foot office is paying $20.00 a square foot per year on a 5 year lease, that company just invested $300,000 into the building owners equity!  Curious on what it would costs you to own?  We are happy to send a custom rent versus own analysis presentation via email or give us a call today at 281-292-6100.

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Sooner or later, every business has to consider whether it is better off owning or leasing office space. From law firms to retailers to yoga studios, the decision varies. But here are some elements that most small businesses take into account.

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The luxury office condominiums featured at Brownstone offer all the advantages of the modern high-rise complexes nestled within a peaceful, gated, private and wooded working environment located minutes from The Woodlands Waterway and the new ExxonMobil campus.

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