Michael Gibbs Archives | GLD Commercial

Your First Commercial Property Purchase

Things to consider when purchasing your first commercial property:

01 — What types of property interest you?
Property types:
• Industrial
• Office
• Retail
• Multifamily
• Hospitality

02 — How involved do you want to be?
Active or passive investor:
• Land development
• Land banking
• Value-add or stabilized

Sale-Leaseback Benefits

Sale-Leaseback Benefits

CCIM Institute definition:
In a typical sale-leaseback, a property owner sells real estate used in its business to an unrelated private or institutional investor. Simultaneously, the property is leased back to the seller for a mutually agreed-upon time period.

Benefits:
Opportunity to capitalize on favorable market conditions

Downtown Cedar Rapids restaurant

Undeterred by pandemic, Iowa restauranteur announces second corridor location

On the heels of last month’s Marion announcement, Barrel House signs a lease to open a downtown Cedar Rapids restaurant. Corridor patrons will now have a second option to enjoy Barrel House’s “Food that lifts your spirits.”

Founded by Jimmy Holt in

Iconic former restaurant building

New ownership group breathes life into iconic former restaurant building

Cedar Rapids, IA — Sitting just shy of 8,000 square feet (SF), the prominent building at 1140 Blairs Ferry Road in Cedar Rapids has been home to several restaurant concepts over the years.

The building was originally constructed in 1993 and housed