In this episode, Ariel, Kristen, and Steve dive into the fundamentals of commercial real estate, from the pros and cons of leasing vs. buying for small businesses to the importance of understanding commercial lease agreements. Whether you’re a business owner considering a new space or just curious about the commercial property market, this episode is packed with insights to help you make informed decisions.
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0:13 – Intro
0:49 – Meet Our New Team Member: Kristen Casarin
3:39 – Complexities in Commercial Real Estate
5:10 – Importance of Understanding Lease Terms in Commercial Real Estate
8:28 – The Pros and Cons of Leasing vs. Buying for Small Businesses
9:35 – Changing Trends in Commercial Real Estate Post-COVID
10:04 – Leasing Costs, Flexibility, and Overhead for Small Businesses
11:30 – Personal Story: Deciding to Lease vs. Buy for KT’s Own Office Space
16:54 – Making a decision whether to buy or lease
19:35 – Commercial deals right now!
20:55 – Why companies are starting to bring their WFH employees back to the office
24:11 – Expenses of buying commercial real estate
28:46 – Outro/recap
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In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey.
Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area.
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