Industrial spaces have always been a good investment for those who want steady rental income, but it can become an issue when businesses fold or move to other areas. Landlords used to be stuck with these huge buildings, and they could be hard pressed to find new tenants. Along the way, someone realized there were people with little cash and plenty of time who were willing to turn these spaces into homes. This style of apartment living became quite popular during economic downturns, but modern loft living has evolved.
Industries are still changing location or closing, and buildings that have seen better days are still in need of tenants. Modern contractors and developers have found they are a good buy, and they then turn to their in-house design teams to create apartments and condominiums that will bring in a healthy income from people looking for a unique home.
One of the reasons lofts originally became popular was the lack of investment needed to create a living area, but they have remained popular due...READ MORE
Buildings advertising modern lofts for rent or sale have found they now need to attract people with modern amenities, and some of them are blatantly...READ MORE
People who originally rented or bought lofts were looking for functional spaces with a low price, and they were often willing to add their own...READ MORE
For those seeking open spaces, modern lofts have become a hot item in the real estate market. They want an uncomplicated space with the industrial...READ MORE
Older buildings that were originally for light manufacturing or warehousing goods have become a wonderful way to provide housing for those who want the industrial...READ MORE