Lynn Drake

Lynn Drake’s status is well known in the industry: She’s the commercial realtor focused on maintaining “true north” for her corporate clients. It’s a reputation built on 35 years of commercial real estate experience. Lynn became a commercial realtor in 2001 after 15 years in corporate real estate. Thus far in her career, Lynn has successfully completed over 1,500 real estate transactions ranging from small business tenant leases to the sale and purchase of industrial complexes.

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Apr2017
Renewing Your Lease? Don’t Overlook These 3 Critical Steps!People tend not to take renewals all that seriously. They see it as simple, thinking they can just call the landlord and get their new rate. That way of thinking can cost your firm a lot of money. If you’re looking into ... Read More
April 21, 2017Lynn Drake

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Apr2017
April 18, 2017Lynn Drake

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Apr2017
See the Amazing Results Compass Managed for a Non-Profit!The Challenge: The Nonprofit approached Compass Commercial 6 weeks before their lease was due to expire. Their office was located in Detroit, and their lease included free parking. The landlord, however, was going to be raising the rental rate by $2/s.f., which would ... Read More
April 11, 2017Lynn Drake

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Apr2017
I’ve Counseled My Clients to Request a Stop On Their Pass Through ExpensesThis tax season you want to evaluate the pass through’s, or increases, over a base year that your landlord charges you. More than likely you received a bill which shows the actual cost billed, less any payments ... Read More
April 3, 2017Lynn Drake
Nobody-wants-to-throw-their-money-down-the-drain.Talk-to-Compass-before-signing-to-avoid-sadness

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Mar2017
Using Research will Avoid Headaches for Your Business LaterEarlier in 2016, we got a call from a business contact who had leased space from a company that they were supplying services for. It was suggested that the future supplier lease from the client/company they were providing services for. The ... Read More
March 30, 2017Lynn Drake
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Mar2017
Has Your Company Found Itself with Extra Space?Do you remember the childhood nursery rhyme, “The Old Woman in the Shoe?” She had so many children, and so little space, she didn’t know what to do. But eventually, her kids left the nest and she was left with all kinds ... Read More
March 20, 2017Lynn Drake
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Mar2017
Easily Avoidable Mistakes that are too CommonWe 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. We often find that tenants aren’t even aware that negotiation is a ... Read More
March 10, 2017Lynn Drake

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Feb2017
Are you Wondering the Same Thing About Empty Commercial Space?If I had a nickel for every time I’ve been asked this question, I’d be rich by now. Time after time, people ask me: why won’t the landlord reduce the rent of an empty building? It would stand to reason that ... Read More
February 28, 2017Lynn Drake

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Feb2017
Check out the Tremendous Savings that Compass Commercial was able to Facilitate for a ClientSales Organization Case Study: A sales organization had been in their building for 3 years and originally had 3,342 s.f. when they moved into the building in 2012. By 2014, they had out grown their space, so ... Read More
February 23, 2017Lynn Drake

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Feb2017
Sometimes, Break-ups are Hard, but NecessarySometimes a business owner will move into a building and it just doesn’t work out. It could be that the landlord acts like Scrooge from ‘The Christmas Carol’, pinching pennies and trying to charge the tenants for expenses that aren’t allowed under the lease. ... Read More
February 14, 2017Lynn Drake