Why Buy CRE for Your Business? + Latest News

With the changing seasons, many businesses are reevaluating their real estate needs. This month, we’re digging further into the advantages of buying commercial real estate and how it can benefit your company in the long term. As always, we’re here to help guide your decisions as you weigh your options for leasing or buying office or industrial space. We’ll also share some curated office and industrial news and introduce you to Chase McAteer, our executive vice president.

Is buying commercial real estate the right move for your business?

Owning your space offers significant financial and operational benefits. From building equity to gaining stability in occupancy costs, buying commercial real estate may be the wisest investment your business can make for the future.

Here’s what to consider:

Build Equity and Long-Term Gains

Each mortgage payment builds equity, contributing to your business’s net worth. This can open up financial opportunities for expansion or other investments.

Stability in Occupancy Costs Unlike leasing, where rent may rise over time, owning provides predictable and stable costs, giving you peace of mind.

Complete Control Over the Property

When you own the property, you decide how it’s used. Whether reconfiguring office layouts or adding infrastructure, you have complete control without landlord approval.

There are also tax benefits, including depreciation deductions and the ability to leverage a 1031 exchange. Additionally, if your business doesn’t need the entire space, you can generate income by leasing unused portions.

Indeed, there are risks to consider, including initial capital requirements and market fluctuations; however, with a dedicated tenant or buyer representative, you can confidently secure the best outcome.

To review all the benefits of buying, read our recent article here .?

Let’s connect if you’re considering purchasing or leasing office or industrial space. We’re ready to help you explore the best options for your business strategy. Email us at [email protected] or call (713) 647-6400.

Curated Office and Industrial Headlines

Law firms are expanding in downtown Houston, leasing more office space and outpacing...

Vacancies Remain High, but “Flight to Quality” Spurs Leasing in Houston's Office Market

It's Not Quite 2021 Again, But Houston Industrial Product Is ‘Flying Off The Shelves’

Report: Industrial rent jumps 30% from last year - Finance & Commerce

Houston ranks 7th best U.S. city for entrepreneurs in 2024

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?Featured Team Member

Chase McAteer, SIOR , Executive Vice President at Oxford Partners, exemplifies personal and professional growth and achievement during his nine-year tenure.?

Starting in the oil and gas industry, Chase transitioned into commercial real estate when Oxford recruited him. He was drawn to Oxford's smaller, agile structure, which allowed for more flexible decision-making and professional growth. Initially, the firm's focus on mentorship and development resonated with Chase, and over the years, the company has continued to enhance its training, resources, and support for its agents.

Reflecting on this, he says, "Oxford always had this interest in mentorship and training, in growing people from the ground up. Now we have even better tools and support, making it easier for those who are hungry to be successful."

Chase's role at Oxford has evolved significantly. Beginning as a junior agent paired with Oxford's leadership, he quickly transitioned into managing his own clients, expanding his expertise in both office and industrial real estate. He has run deals in multiple states, picking up national accounts and demonstrating the success of Oxford's collaborative, forward-thinking culture. This culture, which emphasizes continuous improvement and aggressive negotiating, has been key to his growth.

One of Chase's most significant achievements is his work with a national medical office franchise. He's helped them grow from two locations to over 45, with an additional 30 in the works. He's played an instrumental role in their success, ensuring that real estate deals are negotiated with precision, always taking the necessary time to secure the best outcomes. Chase explains, "I care tremendously about the quality of the deal. If we can do better, I'll always advocate for taking that extra time to get it right."

As a member of SIOR, Chase leverages the industry’s top network of commercial real estate professionals to enhance his service. This, combined with Oxford’s tech-driven platform, allows him to deliver superior outcomes for clients while maintaining a high level of collaboration with peers.

Chase values Oxford's strong, collaborative environment, where information is shared freely and agents support one another. He highlights the company's commitment to tenant and buyer representation and the importance of leveraging technology to stay ahead in the industry. He is excited for the continued growth and innovation that lies ahead. You can reach out to Chase directly at [email protected] or (713) 575-2703.