“Exclusively Representing Tenants and Buyers of Commercial Real Estate”

10

Sep2018
Interested in learning more about commercial real estate? Whether you are looking to move soon or just investigating your options, it is important to stay informed. Because we are a tenant-only representative your interests are our number one priority. If you want to stay informed about commercial real estate, sign up for ... Read More
September 10, 2018Lynn Drake

07

Sep2018
CRE Mistakes Series: Furniture Placement As agents, we don’t advise on furniture placement, but I can tell you when someone has made a mistake. A new neighbor in our office building has a single glass door entry with a very large side light. They have yet to move into the ... Read More
September 7, 2018Lynn Drake

27

Aug2018
Whenever you do a thing, act as if all the world were watching.                  
August 27, 2018Lynn Drake

23

Aug2018
Tenant’s Pro-rata Share of Electric - Building Square Footage: 10,000 s.f. Tenants Rentable Square Footage: 5,000 s.f. Monthly Electric Bill: 1,500 Tenants Share of Electric bill 5,000 / 10,000= .50% Monthly Electric Bill 1,500 x .50 = $750/month Annual Cost for Electric 750 x 12 months = 9,000/year  
August 23, 2018Lynn Drake

22

Aug2018
Net/Net/Net also shown as n/n/n - A lease requiring the tenant to pay, in addition to a fixed rental rate, the expense s for the property leased. These usually include the following: janitorial taxes, insurance and maintenance. Be careful with these types of leases or else the landlord will have the ... Read More
August 22, 2018Lynn Drake

14

Aug2018
August 14, 2018Lynn Drake

09

Aug2018
Janitorial Math Space Footage Leased: 5,000 Cost/Square Foot for Janitorial: $1.50 5,000 s.f. x $1.50/s.f. = 7,500/year 7,500 / 12 months = $625/month        
August 9, 2018Lynn Drake

06

Aug2018
Interested in learning more about commercial real estate? Whether you are looking to move soon or just investigating your options, it is im-portant to stay informed. Because we are a tenant-only, representative your interests are our number one priority. If you want to stay informed about commercial real estate, sign up for ... Read More
August 6, 2018Lynn Drake

03

Aug2018
The Challenge: Motor City Dance Factory was in a 5,000 sq ft, one-story office building in Southfield, Michigan. Their original loca-tion did not have high enough ceilings for the dancers and gymnasts. There was not enough parking, and the business had outgrown the space long ago. What We Did: Compass Commercial worked with ... Read More
August 3, 2018Lynn Drake

26

Jun2018
Sometimes tenants ask the landlord to build in the furniture. I was working with a client who wanted a built-in reception desk, walls, and then desks behind the walls. I suspected he thought this was going to be free, as it was part of the build out. The client was ... Read More
June 26, 2018Lynn Drake