Closing commercial real estate deals is always challenging. The costs and stakes are high for buyers, and sellers face tough competition as they seek to match the right buyer with the right space and location.
The range of variables in leasing, buying, and selling commercial real estate is huge. For Colliers clients, it’s impossible to make such high-stakes decisions based on static photos or driving by properties. And in the end, buyers and sellers typically have to spend a lot of time showing and touring properties that ultimately aren’t even close fits. More recently, the entire process was complicated further by COVID-19, with far fewer people wanting or being able to travel to a site.
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