CRE Mistakes Series: Retailers not understanding their rent obligationsAt 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
Search Here:
“Exclusively Representing Tenants and Buyers of Commercial Real Estate”
21
Sep2018
CRE Definition Series: Renewal OptionTenants 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 OptionTenants 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 DepositA 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
10
Sep2018
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
27
Aug2018
Whenever you do a thing, act as if all the world were watching.
August 27, 2018Lynn Drake
22
Aug2018
Net/Net/Net also shown as n/n/n -
A lease requiring the tenant to pay, in addition to a fixed rental rate, the expense s for the property leased. These usually include the following: janitorial taxes, insurance and maintenance. Be careful with these types of leases or else the landlord will have the ... Read More
August 22, 2018Lynn Drake
14
Aug2018
August 14, 2018Lynn Drake
06
Aug2018
Interested in learning more about commercial real estate?
Whether you are looking to move soon or just investigating your options, it is im-portant 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
August 6, 2018Lynn Drake