Montgomery Community Media

When looking to lease commercial real estate, you will be confronted with a variety of rent formats depending on the type of space you are trying to find.  The options include full service, industrial gross, modified gross, net of utilities or some other expense and triple net, also shown as NNN for those that typically […]

Montgomery County’s Economic Development Director, Steve Silverman, recently addressed the Silver Spring Citizens Advisory Board and provided a realistic, if somewhat “gloomy,” description of the commercial and residential real estate market in Montgomery County. Highlights included the 14% vacancy rate in newer commercial properties (Class A), little prospect for growth in development of commercial office […]