My son is long since grown, and we no longer need to attend the children’s service on Christmas Eve. Luckily for me, I have a young niece who plays an angel in the pageant every year, giving me the chance to attend the children’s service even though my son no ...
December 18, 2013Lynn Drake
Last month there was a blog asking which areas were growing across the US. With all sincerity I responded that Detroit was a growth market. The person who posted the question asked me how many construction sites I saw in this area. I could tell he thought I was pulling ...
December 4, 2013Lynn Drake
While many people might consider agents to be animals, the animals I’m referring to here are the 4-legged furry types. In 2012, I ran a column asking for the oddest lease clauses that people came up. The most amusing answer I received was about a location where the tenant wanted ...
November 22, 2013Lynn Drake
Helping our clients buy buildings is an aspect of our business that we really enjoy. However, I have to say: I’m not convinced that the banks are truly lending in this economic climate. We recently had a client who was looking to buy a very small building. Getting a mortgage ...
November 13, 2013Lynn Drake
You may recall we spoke about the importance of RFPs recently and we’ve also written about the top mistakes that tenants make. One such mistake we see often is that tenants don’t check the RFP against the final lease. A good agent will do this for you automatically. Many agents ...
October 25, 2013Lynn Drake
If you’ve ever worked with a tenant representative broker, you may have wondered to yourself: why do we ask so many questions? We always use a Request for Proposal (RFP) when comparing spaces for our clients. Many landlords and their representatives would prefer to and choose to skip this part. ...
October 7, 2013Lynn Drake
One thing very few people remember to take into account when they make the decision to move into a new office space is their phone number and internet service. For instance, my lease expires this year and as of now, I’m unsure as to whether we’ll move or renew. If ...
September 18, 2013Lynn Drake
Let’s say you hired an agent and they sent you a list of sites to review. You review the list, make your choices, and you’re ready to go. You tell the agent you could see the selected sites as early as tomorrow morning. This might be how it works in ...
September 6, 2013Lynn Drake
There are several ways to protect your business when it comes to the improvement area in the lease. In some leases, the landlord won’t put together plans for the space and won’t cost them out until after the lease is signed. This isn’t the way we like to work, as ...
August 8, 2013Lynn Drake
We love our tenants, but we see them make a great deal of unavoidable mistakes. The number one mistake we see tenants make? They don’t start the negotiations until it’s too late. If you’ve been following my earlier posts you know this is something we’ve run into many times over ...
July 26, 2013Lynn Drake