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
“Exclusively Representing Tenants and Buyers of Commercial Real Estate”
11
Apr2017
03
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
30
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
20
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
10
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
28
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
23
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
14
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
10
Feb2017
06
Feb2017
Detroit's Market Rates are Always Changing, Let us Help Navigate YouIn the last month or so we have been talking with tenants in the Central Business District of Detroit, who got sticker shock when their lease came up for renewal. In one case, free parking was eliminated in a ... Read More