Archive: May, 2015

29

May2015
A friend of mine has the most perfectly located office in Metro Detroit.  As I drove there recently, I experienced some serious location envy. However, the green monster ended the minute I got to the building: there was virtually no parking! Where, I wondered, does everyone park? Entering the lobby, ... Read More
May 29, 2015Lynn Drake

29

May2015

One desk, $100?

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Late 2014 was the most exciting time to be a Detroit agent in years. It seemed like everyone wanted to move! Our phones rang off the hook. We got calls from companies overseas, as well as companies in the US, all wanting to open an office here in the Detroit ... Read More
May 29, 2015Lynn Drake

29

May2015
Selling your tiny office building for $1 million is a bit like winning the lottery: there’s a small chance you can do so, and a much larger chance that you’ll never be able to do so. See, if you found someone who had the cash and didn’t require an appraisal ... Read More
May 29, 2015Lynn Drake

28

May2015
In our last post, we spoke about the importance of ensuring that you’re not being overcharged for operating fees in your lease. Why are we still talking about them?  Here’s why.  If you or your attorney didn’t address what can and can’t be charged in operating fees when you reviewed ... Read More
May 28, 2015Lynn Drake

28

May2015
What I really mean by that question is this: do you know what operating costs for a building consist of? What the operating costs of your building consist of? Let’s break it down. Operating costs include the building’s taxes, replacement insurance for the building, as well as fees for landscaping, ... Read More
May 28, 2015Lynn Drake