This involves the purchase or sale of a property that is zoned for commercial or industrial use – examples of which include hotels, restaurants, office buildings, malls or shopping centers, apartments, and other investment properties.
Commercial and Industrial transactions require trained and experienced senior escrow personnel due to their complexities. Issues can arise requiring expert level knowledge from title issues to multiple leases and deposits to compliance with municipalities’ regulations. Particularly for transactions involving a substantial investment, the buyer or seller should demand the protection of an escrow. Whether you are the buyer or the seller, you want assurance that no funds or property will change hands until all of your instructions have been followed. With the increasing complexity of business, law and tax structures, it takes experienced and trained professionals to supervise the transaction.
At Southwest Escrow Corporation, we ensure that escrows involving commercial and industrial real estate are handled only by seasoned professionals with a strong background on these types of transactions. We are thankful for the trust given to us by the numerous brokers and principals that has allowed our specialized commercial/industrial escrow officers to successfully close thousands of commercial, industrial, investment property and business opportunity escrow transactions over the years.
For more information on how we can help you in your next transaction, you may call us at 310-674-7660.