For my 40th year on the planet I decided to climb Mt Tohepia in the Pioneer Mountains. Let me tell you I had no idea what that meant. All I knew was I had to carry about 35 lbs. on my back and walk. This little adventure could fill a ... Read More
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“Exclusively Representing Tenants and Buyers of Commercial Real Estate”
25
Oct2012
It is interesting to watch different people start a business. Some simply fall into it by accident and succeed. Then there are those who really want to be successful and just can’t make it. As I mentioned earlier in the year I said I would share some personal insights into ... Read More
October 25, 2012Lynn Drake
11
Oct2012
As a tenant representative this is my advice for landlords and agents representing them:If you don’t treat your tenant’s right I’m not going to warn my tenants about you before showing them your buildings. As a tenant representative I hear from your tenants why they don’t like the building. If ... Read More
October 11, 2012Lynn Drake
27
Sep2012
Most of my career the vacancy rate in the City of Detroit has been extremely high. Yet as 2011 turns into 2012 we see the City of Detroit making real progress with occupancy. According to Co-Star which measures all of the statistics Detroit is seeing improvement quarter over quarter. The ... Read More
September 27, 2012Lynn Drake
13
Sep2012
As a tenant representative this is my advice for landlords and agents representing them:Don’t over promise improvements when showing the space. My clients will remember what you told us and think the landlord doesn’t want them when you can’t deliver. Under sell and over deliver is always better.
It does matter ... Read More
September 13, 2012Lynn Drake
21
Aug2012
Friends of mine introduced me to a great game called cash flow. It was developed by Kisosky(author of Rich Dad Poor Dad). Cash flow is a real life game that teaches you that no matter whether you are a truck driver or a Doctor you can obtain wealth. This game ... Read More
August 21, 2012Lynn Drake
08
Aug2012
A couple of years ago I thought it would be fun to complete a sprint triathlon. Anyone who has met me knows I’m not an exercise fiend, nor do I sport that lean, lithe body. But I dream big and follow through!I’d just turned 50 and needed to do something ... Read More
August 8, 2012Lynn Drake
26
Jul2012
While sitting at Boston Market in Troy enjoying a chicken pot pie and a newspaper I had this uncomfortable feeling I was one of the only people in the place. How could this be? The food is good and healthy. The service is better than most family diners. Yet crowds ... Read More
July 26, 2012Lynn Drake
12
Jul2012
Over the next few weeks, let’s exchange some lease clauses that drive us crazy. During my 25 years in corporate real estate I had to live with some mighty repugnant clauses, prohibiting such things as sub-leasing a portion of space, occupying the building on weekends or hiring a satisfactory janitorial ... Read More
July 12, 2012Lynn Drake
20
Jun2012
Do you remember the childhood nursing rhyme, “The Old Woman in the Shoe?” She had so many children, so little space she didn’t know what to do. Even as the economy is smoothing out and rumbling forward, many tenants find themselves with more space than they can accommodate. They have ... Read More
June 20, 2012Lynn Drake