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.

25

Mar2013

Insurance, Anyone?

by Lynn Drake / / Leasing, Tenants, Trends
What I’m about to share with you might come as a surprise.  Are you aware that the large insurance companies got together a few years ago and decided as a group not to offer notice of cancellation policies to landlords?  Well, that’s not 100% true – you can get it, ... Read More
March 25, 2013Lynn Drake

11

Mar2013

The Games Some Landlords Play!

by Lynn Drake / / Landlords
Let me tell you a story. We were working with a nonprofit on a lease renewal in Ann Arbor. The original landlord of the building was excellent – the trouble only began when he passed away and his son took over. The lease had what we in the business call ... Read More
March 11, 2013Lynn Drake

27

Feb2013

Make a List, Check it Twice

by Lynn Drake / / Leasing
Does the song sound familiar? Well, it’s a tune every tenant should be singing – twice a year. That’s right. Every tenant should check their lease expiration date twice, and make sure to start their search at least a year in advance. Wondering why? Doesn’t a year sound a bit ... Read More
February 27, 2013Lynn Drake

19

Feb2013

The Pitfalls of Subleasing

by Lynn Drake / / Leasing
This past year, it seemed we ran into more landlords who worked against our clients than we did landlords who worked with them. In Virginia, every time we found a subtenant for a sublease, the landlord in question would lure them over to another listing in the building. Meanwhile, in ... Read More
February 19, 2013Lynn Drake

05

Feb2013

Taking 2013 By Storm

by Lynn Drake / / Leasing
As we enter the New Year, it’s exciting to look back on my first blog post of 2013 and see that we exceeded our fiscal goals for the year. 2012 was for us, as I’m sure it was for many, a year of many changes for our organization. Someone recently ... Read More
February 5, 2013Lynn Drake

20

Dec2012

What Does the Future Hold?

by Lynn Drake / / Goals, Trends
One important lesson I’ve learned over the years that it is only ourselves that hold us back. Sometimes a close friend or family member can do this as well although it isn’t really their intention.  It is that little voice in your head that tells you, you can’t do something. ... Read More
December 20, 2012Lynn Drake

06

Dec2012

Business Planning

by Lynn Drake / / Entrepreneur, Entrepreneurs, Goals, Trends
While Compass Commercial is only a little over two years old I worked as an independent contractor for 10 years where I watched how they ran their business.  When I made the decision to leave my former employer I spent over a year talking with different people to determine the ... Read More
December 6, 2012Lynn Drake

21

Nov2012

Giving Back

by Lynn Drake / / Brokers, Goals, Tenants
For those of you who have followed me on Facebook you may remember how a year ago I was doing 50 new things for my 50th year on the planet.  That year was one of the most memorable years in life.  I got to do some silly things like swim ... Read More
November 21, 2012Lynn Drake

08

Nov2012

Silence is Golden

by Lynn Drake / / Entrepreneur, Goals
For my 40th year on the planet I decided to climb Mt Tohepia in the Pioneer Mountains.  Let me tell you I had no idea what that meant.  All I knew was I had to carry about 35 lbs. on my back and walk.  This little adventure could fill a ... Read More
November 8, 2012Lynn Drake

25

Oct2012

What Makes an Entrepreneur?

by Lynn Drake / / Entrepreneur, Entrepreneurs, Goals
It is interesting to watch different people start a business.  Some simply fall into it by accident and succeed.  Then there are those who really want to be successful and just can’t make it.  As I mentioned earlier in the year I said I would share some personal insights into ... Read More
October 25, 2012Lynn Drake