Thursday, July 13, 2017
Boston investment executive Andrian Shapiro is the owner and partner of LBC Boston & Partners Properties. Andrian Shapiro maintains an extensive portfolio of commercial real estate, which includes tenants such as Starbucks, Enterprise Auto Rentals, and the Norfolk County Sheriff’s Office.
Commercial real estate offers a number of advantages over other types of real estate. Perhaps most importantly, commercial real estate produces significantly higher rent payments per square foot than residential real estate, resulting in higher income potential. Most commercial real estate agreements also require tenants to cover all operating expenses, resulting in even greater income for investors. In some cases, landlords may even receive a percentage of a commercial establishment’s sales.
Another advantage of commercial real estate involves lower vacancy risk. Commercial real estate almost always involves multiple units, each operating independently from one another. If one or two units out of 20 becomes vacant, investors still receive 90 percent or more of the potential income from the property. In this way, commercial real estate allows for steadier income than single-family residential real estate.
Monday, May 15, 2017
Since 2014 Andrian and his partners have purchased a number of properties in Quincy including properties on Parkingway and Hancock Street. The lots include more than 155,000 square feet of potential retail space, and his company continues to work with city officials regarding development plans for this and other locations.
Mr. Shapiro comes to this work as co-founder of Partners Properties, doing business as LBC Boston, which manages numerous real estate properties and projects in the Boston area and beyond. He holds a juris doctor from the Law Academy of Odessa and a master's from Ukraine's Institute of Economics, where he graduated summa cum laude.
Boston investment executive Andrian Shapiro is the owner and partner of LBC Boston & Partners Properties. Andrian Shapiro maintains a...