In the spring of 2015, I got a 22% increase in my common area maintenance (CAM) pass-through expense. CAM charges are billed pro rata to me and other tenants, based on our percentage of total property square footage and to cover the cost of common area upkeep. When I sent an ...
February 29, 2016Lynn Drake
Recently, I got a call from a prospective tenant asking me for something I had never heard of before. After 30 years in the business, I thought I had heard it all! Together, we reviewed our process so she could identify what it was she needed. Turns out this client ...
February 15, 2016Lynn Drake
Did you know that office buildings have a rating system? We often will say a building is a Class A building—but what does that really mean? Class A Buildings A Class A office building means the building is either less than 7 years old, or the lobby has been upgraded in the ...
February 1, 2016Lynn Drake