With numerous development projects slated for the region, the future of Wagga’s commercial real estate sector is looking bright. Whether you are looking for sales, lease, or investment opportunities, the region’s diverse portfolio has something for everyone. From industrial warehousing and large-format offices through to retail precincts and specialised spaces, there is plenty on offer.
Yet those looking to dabble in Wagga’s commercial property market, take note. Navigating the ins and outs is a completely different ball game. From higher entry costs to complex regulatory parameters and longer tenancy terms, there is much to consider. Whether you are an investment aficionado or on the hunt for your first business lease, finding the right space is vital.
That is where Wagga’s commercial real estate agents can help. Much like their residential counterparts, commercial agents assist with the leasing, buying and selling of commercial properties. Importantly, the best commercial real estate agents are familiar with property law and its requirements. They can also assist in valuations, purchase valuations, and advocating for buyers. Read on below for our pick of Wagga’s best.
What makes a great commercial real estate agent?
Great commercial real estate agents ultimately make sourcing and securing a commercial property easier. Their industry knowledge, local connections and negotiation know-how can also help to expedite results. The following may help in evaluating potential agents for your commercial property needs:
- Commercially specialised. Finding an agent with a commercial property specialisation is incredibly important. Although they may operate under a similar licence class as residential agents, their expertise differs. Commercially specialised agents are more likely to be experts in the nature of the properties themselves. They are also closer to the laws and practices that govern this sector of the market. Importantly, experienced commercial agents come with years of insider knowledge. In doing so, they take the time to understand your specific needs and address these swiftly.
- Local market knowledge. When it comes to commercial real estate, look for an agent with years of experience in the local market. Why? Quite simply because they will know it inside and out. From the latest releases, new zoning opportunities and revitalised spaces, this knowledge is priceless. With a finger on the pulse, they have the added advantage of speed, which is crucial in the commercial market. While evaluating your agent options, be sure to review their portfolio of current and closed commercial deals for peace of mind.
- Negotiating powerhouse. For businesses, securing an affordable commercial space can be costly – both financially and in terms of time. Add to this the complex nature of commercial contracts and many may start to feel beyond their depth. Fortunately, great commercial real estate agents are also negotiating powerhouses. A strong agent will apply these skills to secure optimum terms for a deal. While evaluating potential candidates, consider their overall approach and common strategies for closing a contract. Also consider their experience, portfolio and current clientele to ascertain synergies with your needs.
- Well connected. Well-connected agents generally come equipped with longstanding relationships with Wagga’s developers and building owners. They leverage these professional networks to source properties ahead of the rest. They also have the added advantage of leaning on these connections to secure the best terms, conditions or rates for clients. This can be especially helpful when the time comes to relocate or expand your business premises.
- Understands your business. Great commercial estate agents often service an industry sector or two. In understanding the nature of business within these, they are more adept at sourcing potential spaces and doing so quickly. These agents should recognise customer profiles, daily operations, and broader business and financial needs. They should also understand how plans could impact real estate requirements in terms of space, tenure or desired facilities.
The best commercial real estate agents in Wagga
Region Riverina has combed through online reviews and recommendations to compile a list of the most recommended businesses according to you.
To be listed in our Best of Wagga series, each business needs to have consistently received positive feedback on Region Riverina and Facebook, as well as maintained a minimum average of 4/5 stars on Google.
PRD Wagga
Real estate powerhouse, PRD Wagga, are an award-winning agency who have been serving the Riverina for over twenty-five years. This market leading team have forged a reputation of excellence for their client first approach across commercial and residential sales, management, strata, development, and project management.
When it comes to commercial sector, PRD Wagga are all about delivering smarter property solutions. Their highly experienced and dedicated commercial property team bring a wealth of sales, leasing, land, and business knowledge to the table.
Rebecca Baliva shared this glowing review on Google, “Big thank you to Harry and the team at PRD, sold my property this year and can't fault the service. I was updated at every stage, Harry gave some great advice and help us secure a buyer in no time! 10/10.”
Raine and Horne Wagga Wagga
With decades of experience, Rain and Horne Wagga Wagga have created a reputation as a business that excels at all levels. With a focus on commercial and residential markets, their team of award-winning property specialists also offer the full range of complimentary services to address individual requirements.
As one of the commercial market leaders they can assist with buying, selling, and leasing of commercial real estate. Their focus on trust, reliability, and consistency, ensures they are fully equipped to exceed client expectations.
Warren Jones shared this feedback on Google, “The process of purchasing our new commercial property was handled superbly by Dylan and the team at Raine & Horne Wagga. Communication was first class - proactive, prompt and responsive, and nothing was a problem! Thanks for such a great purchasing experience.”
Professionals Wagga
With over twenty years in the local market, Professionals Real Estate Wagga Wagga have a reputation for making their clients lives easier. With over ninety years of combined local experience, they are an excellent choice for all commercial property needs.
With a stellar track record, Professionals Wagga Wagga have received industry recognition and numerous awards in recent years. With a focus on the highest levels of service and support to both owners and tenants, Professionals Real Estate Wagga Wagga are worth a visit.
Martina Berry shared this review on Google, “If you are looking for a professional agent that delivers on service promises look no further than this office. Paul and his team are true professionals and really take the stress out of real estate.”
Fitzpatricks Real Estate
Established in 1950 Fitzpatricks Real Estate have a team of over forty staff spanning across commercial, residential, property management and administration. As commercial asset specialists, Fitzpatricks manage a substantial volume of commercial properties on behalf of local, regional, and national owners.
With an exceptional profile built around development, sales, and leasing negotiations this team also offers on the ground knowledge and a competitive edge in the market. For commercial property needs look to Fitzpatricks.
As Gary Brown states on Google “I've had my rental property managed by Fitzpatrick's for over 10 years and in that time, I can only say that it's been flawless. They have been exceptional in all areas including finding long term quality tenants, regular property inspections including a full report with photos, maintenance is acted on quickly and updates have been second to none.”
If you’re looking for more property information, you might also like to check out our articles on Wagga’s best real estate agents and best property managers.
Your experience with commercial real estate agents in Wagga
Thanks to our commenters who have provided insightful feedback. If you believe we have got it wrong, please let us know.
Have you had experience with any of the commercial real estate agents listed above? If so, share your feedback in the comments below.