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
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“Exclusively Representing Tenants and Buyers of Commercial Real Estate”
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
11
Apr2013
Last year, I sat on a panel led by Knoll with many designers and architects, and we discussed the ratio of people to a desk. Currently in most major companies, the ratio is 2-3 to a desk. In a sales organization the ratio can be as high as 20 employees ... Read More
April 11, 2013Lynn Drake
25
Mar2013
What I’m about to share with you might come as a surprise. Are you aware that the large insurance companies got together a few years ago and decided as a group not to offer notice of cancellation policies to landlords? Well, that’s not 100% true – you can get it, ... Read More
March 25, 2013Lynn Drake
11
Mar2013
Let me tell you a story. We were working with a nonprofit on a lease renewal in Ann Arbor. The original landlord of the building was excellent – the trouble only began when he passed away and his son took over. The lease had what we in the business call ... Read More
March 11, 2013Lynn Drake
27
Feb2013
Does the song sound familiar? Well, it’s a tune every tenant should be singing – twice a year. That’s right. Every tenant should check their lease expiration date twice, and make sure to start their search at least a year in advance. Wondering why? Doesn’t a year sound a bit ... Read More
February 27, 2013Lynn Drake
19
Feb2013
This past year, it seemed we ran into more landlords who worked against our clients than we did landlords who worked with them. In Virginia, every time we found a subtenant for a sublease, the landlord in question would lure them over to another listing in the building. Meanwhile, in ... Read More
February 19, 2013Lynn Drake