Sounds like a great idea!  I don't have a lot to add as I've never
purchased a commercial building.  We lease the building that Office Nomads
is in although we would love to buy it.

Jacob

On Sat, May 16, 2015 at 7:05 AM, Stephanie Miles <[email protected]>
wrote:

> Hello all. I'm new to the group, at the very beginning stages of opening a
> coworking space in Redding, CA. (pop. 90,000)
>
> I'm considering buying a commercial space for my coworking business,
> rather than leasing. Obviously it's a big financial investment up front,
> however based on looking at the market here, it seems like the monthly
> payments on a commercial real estate loan would be less than the cost of a
> lease on a similarly sized space. (I'm looking at pretty run down
> industrial spaces, with the plan to renovate.)
>
> Wondering if anyone else has done that and what unexpected issues,
> challenges, or even benefits you faced by doing so?
>
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