Gerspacher Real Estate

Dec 19
What are buyers looking for when it comes to CRE Investment?When it comes to investing in commercial real estate, buyers look at several factors.  Below is a short list of items investors are going to look at...Length of lease - If all goes as planned, how long should I expect cash flow?Quality of the tenant - What is the chance of default?Rent Escalations - Escalations in rent = increase in returnsLocation of the building - What happens if/when the current tenant leaves?These factors all... + read more
Sep 25
Why are options important for a  tenant?If you are a retail or an office tenant leasing space and you are in the process of renewing your lease agreement make sure you understand how important an “option to renew” in your lease is.   Most business owners do not understand that they can control the space  they rent with negotiating these “options to renew”.  It ultimately gives you long term control of the space(like ownership), rent control and... + read more
Aug 02
Is it time to evaluate your current industrial space/office position?  We have options for you...2017, so far so great for industrial property sector growth, from manufacturing to warehousing and distribution.  Northeastern Ohio is starting to feel the pinch with respect to industrial space absorption.  According to the latest (Q2 '17) Xcelligent Research report for Northeastern, OH we now have approximately a 4% +/- industrial vacancy.  New industrial construction is... + read more
Jul 05
Are you tired of watching the stock market reeling from high to low, day after day?  An investment in real estate may be the answer for your portfolio. It has been the best long term investment for many decades. And you cannot watch the vacillation in value on the nightly news. Be prepared to hold any real estate for a minimum of five years or more to see what leverage and appreciation can do for you. There are real estate types for every risk level, allowing you to customize your... + read more
Jun 21
Located just 2.3 miles from I-76 and the SR-57 interchange, Wadsworth Corporate Park is situated in the City of Wadsworth and the Southeastern part of Medina County. The parkway is comprised of seven parcels of developed lots, which can be divided between 1.1 contiguous acres up to 20.62 acres. The land is also zoned I-1 Industrial, which allows for uses such as, but not limited to; distribution centers, light manufacturing, mixed use buildings, self-storage facilities, warehousing, heavy duty... + read more
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