Waad Nadhir – Three Things to Consider While Developing Commercial Real Estate

Waad Nadhir is a successful commercial real estate developer who has been working in the field for several years. He is currently serving as the President and Co-Founder of BOSC Realty Advisors, and he understands how to be successful in the industry. Here are three of the most important things to consider when developing commercial real estate.

First, consider risk and return. In order to make a profit from commercial real estate development and property, you need to figure out how you can use it in the most efficient way. You don’t want to put too much money into a project if you don’t think the return will be worth it. Make sure you consider all of the risks going into a project before you start developing.

Second, consider holding the properties you buy. Some properties that
you buy may not be worth developing at first, but can become more profitable as time goes on. This means you need to hold some of the properties you buy until they become profitable. BOSC Realty has owned both Brea Plaza in California, and Topinka’s Plaza in Michigan for twenty-five years.

Third, make continuous improvements on your properties. Commercial real estate development is all about make constant improvements to the properties in your portfolio. Consumer wants and needs change, and so do communities themselves. In order to keep up with these changes, you have to make improvements in order to remain profitable.

Waad Nadhir is dedicated to his career as a commercial real estate developer, and he continues to grow the success of BOSC Reality Advisors with every new project.

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Waad Nadhir – Three Key Factors for Successful Retail Store Development

Waad Nadhir is an expert in property development living and working in Bloomfield Hills, Michigan. He is the President of BOSC Realty Advisors, which has consulting clients and developments throughout the United States. As a leader of the BOSC Group, Nadhir has acquired, financed, and managed several office and retail properties in the local community. Here are his three key factors for successful retail store development:

Location must have high foot traffic. Many retail businesses have moved online because getting consistent foot traffic to sustain a brick-and-mortar store can be difficult. Waad Nadhir says that finding a few areas in an urban area that could sustain many members of a business’s target audience is the first key to successful retail property development.

The overall size of the retail property must match the target audience in an area. Waad Nadhir says that in addition to location, the size of the property must be appropriate for the area. Communities with many large box stores will smother a small mom-and-pop shop, and a large retail space could be difficult to find community support for in areas that have many small boutique stores.

Correct Co-Tenancy. Sometimes foot traffic has as much to do with the neighbors’ stores as it does with your own. Stores that attract the same clientele or that attract many customers for any reason are good to have next to a new retail development.

Waad Nadhir has helped many retail development projects turn into thriving businesses.