Breaking down commercial real estate into units of comparison is essential to properly analyze commercial real estate. Due to the abundance of differences in commercial property, appraisers need a way to analyze market transactions and replicate investor motivations. Continue reading
Category Archives: Appraisal Practice
Commitment to Continuing Education
Meridia Appraisal Group is committed to continuing education and staying current with market trends and analytical techniques for appraisal practitioners. As market cycles and economies fluctuate, an appraiser must have the ability to understand and interpret market trends. Moreover, as the appraisal industry continues to evolve, in large part due to technological advances, appraisers must continue to educate themselves. Continue reading
What does it all mean?
Gross building area, usable area, rentable area, gross leasable area? What does it all mean? In the San Antonio market, industrial, office, and retail properties all trade based on the square foot unit of comparison. While the square foot unit of comparison is constant, there are different building area measurements utilized for different property types. Understanding the building area measurements and the property types they are associated with is often a source of confusion. This blog article will help to clarify this confusion by outlining the different types of building area measurements and when they are most commonly utilized. Continue reading
Linkages
Meridia Appraisal Group has had an unbelievable first six weeks in business. Appointments, meetings, new clients, and deadlines have resulted in a flurry of activity and excitement. Several people have asked where our office is located. We are located in the Alamo Towers East building near Broadway and Loop 410. Continue reading