Traffic mistakes can be critical. If you visit your future business home in the middle of the day and there is no traffic, that doesn’t mean the situation will be the same at 8:00 a.m. or 5:00 p.m.If you are a retailer, you want thousands of cars passing your building, ... Read More
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“Exclusively Representing Tenants and Buyers of Commercial Real Estate”
05
May2018
Gross Lease Definition
When the tenant pays rent as a lump sum amount and the landlord pays expenses from that sum.
May 5, 2018Lynn Drake
03
May2018
Businesses spend a great deal of time looking for space and, signing a lease, and then they think they're done.While you can sit at a card table for a few weeks and wait for your furniture to arrive, if you don’t have phones or an internet connection, you can’t get ... Read More
May 3, 2018Lynn Drake
12
Apr2018
Net/Net/Net (n/n/n): A lease requiring the tenant to pay, in addition to a fixed rental rate, the expenses for the property leased. These usually include the following: taxes, insurance and maintenance. Be careful with these types of leases or else the landlord will have the tenant paying everything ... Read More
April 12, 2018Lynn Drake
23
Mar2018
Wondering how much office space you really need?They say, “Time is Money” - but in commercial real estate, Space is Money, too. Our Space Calculator helps you understand how much space you really do (or don’t) need.https://www.compass-commercial.com/space-calculator/
March 23, 2018Lynn Drake
21
Mar2018
I can’t help but peek when I see new spaces being built out in the building that houses the Compass staff. Not long ago we watched in awe as one of the spaces was built out. A stunning kitchen area with a massive Island was built,along with a huge conference ... Read More
March 21, 2018Lynn Drake
19
Mar2018
Every city in the USA has zoning codes, which outline how a space can be used. One simple example is doctors, who often think they can lease space in any office building. However most medical buildings have additional parking requirements to accommodate their staff and clients. Therefore, traditional office buildings ... Read More
March 19, 2018Lynn Drake
17
Mar2018
March 17, 2018Lynn Drake
15
Mar2018
A listings agent’s job is to sell/lease you the space. They often exaggerate and tell the tenant the landlord will do anything to get them as a tenant. These are often verbal discussions and none of it makes it into the lease. The tenant is then mad at the owner ... Read More
March 15, 2018Lynn Drake
09
Mar2018
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March 9, 2018Lynn Drake