Helping our clients buy buildings is an aspect of our business that we really enjoy. However, I have to say: I’m not convinced that the banks are truly lending in this economic climate. We recently had a client who was looking to buy a very small building. Getting a mortgage ... Read More
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“Exclusively Representing Tenants and Buyers of Commercial Real Estate”
25
Oct2013
You may recall we spoke about the importance of RFPs recently and we’ve also written about the top mistakes that tenants make. One such mistake we see often is that tenants don’t check the RFP against the final lease. A good agent will do this for you automatically. Many agents ... Read More
October 25, 2013Lynn Drake
07
Oct2013
If you’ve ever worked with a tenant representative broker, you may have wondered to yourself: why do we ask so many questions? We always use a Request for Proposal (RFP) when comparing spaces for our clients. Many landlords and their representatives would prefer to and choose to skip this part. ... Read More
October 7, 2013Lynn Drake
18
Sep2013
One thing very few people remember to take into account when they make the decision to move into a new office space is their phone number and internet service. For instance, my lease expires this year and as of now, I’m unsure as to whether we’ll move or renew. If ... Read More
September 18, 2013Lynn Drake
06
Sep2013
Let’s say you hired an agent and they sent you a list of sites to review. You review the list, make your choices, and you’re ready to go. You tell the agent you could see the selected sites as early as tomorrow morning. This might be how it works in ... Read More
September 6, 2013Lynn Drake
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
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