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.

08

Aug2013
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 ... Read More
August 8, 2013Lynn Drake

26

Jul2013
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 ... Read More
July 26, 2013Lynn Drake

12

Jul2013
How much should one expect to pay for a security deposit? Well, like most things in real estate, everything is negotiable. As tenant representatives, we always request that our client not have to pay a security deposit. In the case of some of the largest organizations we represent, we are ... Read More
July 12, 2013Lynn Drake

26

Jun2013

Executive Suites

by Lynn Drake / / Tenants
What is an executive suite and why might you want to consider leasing one? Executive suites are a luxury, to be sure, but for newer businesses looking for a place to meet with clients they’re definitely something to consider. Executive suites cover a wide range of spaces; you can rent ... Read More
June 26, 2013Lynn Drake

06

Jun2013
I live just outside of Rochester Hills, MI. Our downtown is a quaint one, recalling dreams of Americana with shops and restaurants galore. About a year ago, it was decided that the main street – the heartbeat of downtown Rochester Hills – should be replaced. Getting downtown became a nightmare. ... Read More
June 6, 2013Lynn Drake

30

May2013
With the exception of a few lucky cities whose markets are raging back to life, we don’t expect vacancy rates for most US cities to ever go below 10%.  Why? For starters, many older buildings need to be torn down.  Vacant buildings quickly become homes to homeless people unless someone ... Read More
May 30, 2013Lynn Drake

13

May2013
A couple of years ago, my business coach gifted me a year subscription to Success Magazine. I have enjoyed my subscription so much that this past holiday season, I gifted it to many of our clients. What I love about it is how much I’ve learned about the different generations ... Read More
May 13, 2013Lynn Drake

30

Apr2013
From Knoll whitepapers, I recently learned that for the first time in history, four generations will be working together. Additionally, the number of professional women now forms the majority of the work force. In our office, we have many baby boomers, but we recently added a Generation Y member to ... Read More
April 30, 2013Lynn Drake

11

Apr2013
April 11, 2013Lynn Drake

11

Apr2013
Last year, I sat on a panel led by Knoll with many designers and architects, and we discussed the ratio of people to a desk. Currently in most major companies, the ratio is 2-3 to a desk.  In a sales organization the ratio can be as high as 20 employees ... Read More
April 11, 2013Lynn Drake