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
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“Exclusively Representing Tenants and Buyers of Commercial Real Estate”
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
30
May2013
With the exception of a few lucky cities whose markets are raging back to life, we don’t expect vacancy rates for most US cities to ever go below 10%. Why? For starters, many older buildings need to be torn down. Vacant buildings quickly become homes to homeless people unless someone ... Read More
May 30, 2013Lynn Drake
13
May2013
A couple of years ago, my business coach gifted me a year subscription to Success Magazine. I have enjoyed my subscription so much that this past holiday season, I gifted it to many of our clients. What I love about it is how much I’ve learned about the different generations ... Read More
May 13, 2013Lynn Drake
30
Apr2013
From Knoll whitepapers, I recently learned that for the first time in history, four generations will be working together. Additionally, the number of professional women now forms the majority of the work force. In our office, we have many baby boomers, but we recently added a Generation Y member to ... Read More
April 30, 2013Lynn Drake