When someone refers a business owner to me, here is what happens: First, a confidential strategy call. Second, market research identifying all viable options. Third, touring multiple properties to create competition. Fourth, formal proposals requested from more than one building. Fifth, side by side cash flow comparisons. Competition creates leverage. ... Read More

The most expensive clause in a commercial lease is often not the rent. It is the expense structure.Base year resets. Operating expense pass throughs. Tax increases. Capital expenditure language. A one dollar per square foot misunderstanding can become tens of thousands of dollars over a multi year term. From my ... Read More

Answer: In most transactions, our fees are paid by the landlord or seller. We also offer consulting and site selection services for clients who want expert guidance before committing to a lease or purchase.

Commercial real estate is not residential with bigger numbers. The structure is different. The risk is different. The language is different. Three major differences: Lease term length. Five to ten year commitments are common. Operating expenses. Taxes, insurance, maintenance, base year resets and expense stops can dramatically change total cost. ... Read More

Answer: Compass Commercial exclusively represents business owners and tenants, never landlords. This ensures our clients receive conflict free advice when leasing or purchasing office, industrial, retail, or flex space.

The experienced ones focus on total occupancy costs. Base rent is one one piece. Taxes, Cam, Insurance, Utilities, Parking, Base Year and Build Out Expenses are a part of the equation. That is where the deal is really won or lost.

One of the things that make it hard to figure out the costs of leasing a building is that different types of real estate charge differently for space. For instance, a retail or industrial building is going to charge a base rent plus taxes, maintenance and utilities. These charges can ... Read More

Watch this important video:https://youtu.be/ygoPPKAMZXc

All too often clients come up with a round number that feels right in the moment. “I need 5,000 square-feet.”  “I need 8,000 square-feet.” When we ask how they arrive at that number, they cannot say. But none of them want to have enough room for a bowling alley. Help ... Read More