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Updated almost 4 years ago, 12/18/2020
Industrial Offer Terms?
Hello BP community! I'm a broker and have a few 1-4 unit residential properties. I'm looking to sell one and 1031 into a small, multi-tenant leased industrial building in Northern California. I can write an offer on CAR commercial forms but have no experience with industrial. Can anyone advise on typical terms? Looking for total escrow length, EMD, financing & inspection contingency timelines. Any tips on due diligence would also be helpful. I'm assuming building inspection, tenant estoppels, NHD report, title report...anything else?? Thanks in advance for any advice!!