Archive: September, 2018

27

Sep2018
CRE Mistakes Series: Retailers not understanding their rent obligations At Compass we get a lot of calls from retailers who leased space without representation. Sadly, they didn’t read, much less understand, the lease they signed. They got their space, moved in, and started paying rent. Then they get the bill from ... Read More
September 27, 2018Lynn Drake

21

Sep2018

Definition: Renewal Option

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CRE Definition Series: Renewal Option Tenants often want the right to extend their lease term after the initial lease term expires. The right to extend the lease option should be spelled out in the lease. If you don’t have this option it doesn’t mean the landlord won’t renew the lease, simply ... Read More
September 21, 2018Lynn Drake

21

Sep2018
CRE Definition Series: Renewal Option Tenants often want the right to extend their lease term after the initial lease term expires. The right to extend the lease option should be spelled out in the lease. If you don’t have this option it doesn’t mean the landlord won’t renew the lease, simply ... Read More
September 21, 2018Lynn Drake

17

Sep2018
CRE Definition Series: Security Deposit A deposit made by a tenant or buyer of property. The landlord or seller will usually determine the amount based upon the tenant’s credit or the purchase price of a building.        
September 17, 2018Lynn Drake

12

Sep2018
CRE Math Series: Financial Summary for an Office Lease: This year we have been showing you how we calculate the various costs that go into preparing a financial summary. Curious what this looks like with all the costs together? Wonder no more as we have included a financial summary ... Read More
September 12, 2018Lynn Drake

10

Sep2018

Subscribe to CC Newsletter

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Interested in learning more about commercial real estate? Whether you are looking to move soon or just investigating your options, it is important to stay informed. Because we are a tenant-only representative your interests are our number one priority. If you want to stay informed about commercial real estate, sign up for ... Read More
September 10, 2018Lynn Drake

07

Sep2018
CRE Mistakes Series: Furniture Placement As agents, we don’t advise on furniture placement, but I can tell you when someone has made a mistake. A new neighbor in our office building has a single glass door entry with a very large side light. They have yet to move into the ... Read More
September 7, 2018Lynn Drake