What to Do When Facing a Vacancy
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Roth: “If the decision is too close to call, look to the market to make the decision for you.”
CARLSBAD, CA—When you’re an owner facing a vacancy or a significant vacancy percentage in one of your properties, you may be at a crossroads. You could be considering selling the property, but it may make more sense to try and find a new tenant or tenants, even if that means repositioning the asset. Before deciding whether to sell or lease the facility, there are 10 questions you should ask yourself, Chris Roth, a principal and shareholder with Lee & Associates in Carlsbad, CA, tells GlobeSt.com. Below, his list and what to do with the answers.
1. If I sell, where else can I invest my money? Sit down with your agent and have them provide you multiple options available locally and across the country…
