Articles

12 Interesting Facts about Commercial Real Estate

by Richa Malhotra Real State
From being a landlord to major mergers and from record-breaking deals to impacting an entire community, commercial real estate’s ever-evolving nature is truly fascinating in today’s markets. Knowing the current economy plays a large role in understanding the intricacies of commercial real estate as a whole. For example, as the growth of online retailers throughout the United States continues to surge, warehouse space has become increasingly desirable across the country. The shift to online sales means less retail space and more warehouse space to store the goods being shipped around the world. With this in mind, commercial real estate investors must think through the impact that this shift may have on the market.


Commercial real estate is often a cut-throat, competitive industry. With landlords, buyers, and sellers continually fighting for the best prices and highest value, it’s an exhausting business to be in. As such, we want to bring some fun back into the commercial real estate space. Take a look at these surprising, fun, and interesting facts about commercial real estate:

  1. You can purchase an acre of land on the moon for under $30
  2. McDonald’s owns some of the greatest commercial real estate on the globe
  3. Monopoly was originally created with the goal of teaching players about Capitalism
  4. Sellers in New York’s real estate market are required to disclose in their property is haunted by ghosts
  5. The White House is valued around $110 million
  6. In 2009, the number of foreclosures in the U.S. exceeded the number of marriages in the U.S.
  7. There are approximately 5 times the number of vacant houses as there are homeless people in the U.S.
  8. The Eiffel Tower has a secret apartment at the very top, meant for its designer
  9. In Palo Alto, Mark Zuckerberg bought the four houses next to his and then leased them back to their owners to avoid the houses being sold to people looking to live next to him
  10. Someone once took a red paper clip and traded continually until he eventually owned a house through trades
  11. “The strip” in Las Vegas is actually located in a city called “Paradise” to avoid the high taxes in Las Vegas
  12. Warren Buffett still lives in the home he purchased in 1958 for $31,500

Hopefully this relieved a little bit of the stress associated with the commercial real estate market. Keep these fun facts in mind the next time you feel overwhelmed by the complexities of your commercial real estate deal.

However, keeping the huge market of commercial real estates these days, one must not forget Anthurium as the new commercial project fully equipped with the next generation digital office spaces located in the central part of Sector- 73, Noida. It not only offers smart digital offices but also virtual offices along with luxurious and furnished retail office spaces too. The place is situated at the most convenient location for both the employers and the employees. Therefore, Anthurium offers technology-based offices allowing business owners to get maximum benefits from their investment. Apart from this, Anthurium is also designed in a mix of luxury offices with high street shopping area, standard food and signature dining space for the comfort of the people working there as well.

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About Richa Malhotra Innovator   Real State

29 connections, 1 recommendations, 96 honor points.
Joined APSense since, November 28th, 2018, From Noida, India.

Created on Jan 29th 2019 06:42. Viewed 439 times.

Comments

Renee Helten Committed   Founder and President of HIRED Schools
Very interesting facts. If you want to start a career in real estate, Do enroll in online classes today with HiredSchools
Feb 5th 2019 03:28   
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