Category: Entrepreneurs

13

Jan2020
  Mary Rossi, Thyssen    I graduated from Oakland University with a Bachelor of Science degree and a concentration in Accounting. My first real job was working as an accountant at Thyssen Steel in Oak Park, MI. Computers were around at this time, but they were rarely used, so we tracked steel inventory by hand on massive ledgers. I spent hours using a mechanical pencil to record ID numbers for pieces of steel. Mary taught me how to make sure the information I ... Read More
January 13, 2020Candace Kitchen

20

Dec2017
You know that holiday song? 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? Isn't a year a bit over the top? If you’re ... Read More
December 20, 2017Lynn Drake

05

Dec2017
While the owner of a startup company may be reluctant to take on a long-term lease, it might pay to think about what that actually means in practical terms. Here are two things to consider right from the start: It could take three to six months, at least, to find ... Read More
December 5, 2017Lynn Drake

21

Nov2016
Now that the economy has improved we are seeing our clients interested in buying buildings again.  I recently heard about a woman who wanted to open a coffee shop so she went to the bank first to get a loan to buy the building. Just because a building is for sale on ... Read More
November 21, 2016Lynn Drake

30

Oct2016
Is your rent above market? Is the space too large or too small? Do you know when the lease expires? Does your real estate agent represent your firm or the Landlord? If you don’t know the answers to these questions, Call Compass Commercial 248 817-5400 so we can watch out for your firm! At Compass Commercial, LLC - ... Read More
October 30, 2016Lynn Drake

26

Sep2016
What would happen if you hired a professional tenant Representative to help you with your commercial real estate needs?   You could relax as we handle all of the details, freeing you from the  hassle of hours on the phone and dealing with paperwork Know that every detail of the transaction will ... Read More
September 26, 2016Lynn Drake

18

Apr2016
Many prospective tenants approach me with wish lists a mile long, itemizing everything they want in their business suite.  When I get down to their budget with them, I often learn they only want a one-year lease. You can’t expect the moon and the stars if you want a short-term ... Read More
April 18, 2016Lynn Drake

04

Apr2016
  Not too long ago, a business coach called me about one of his clients who had a slightly unusual need for office space. His client had already hired an agent and was running into all kinds of challenges. Her coach told her to get rid of the agent and hire ... Read More
April 4, 2016Lynn Drake

21

Mar2016
Just before and during the 2007-2009 recession, month-to-month leases were very common. During that period, so many businesses experienced financial hardships that the tenants didn't want to sign long term leases.  At the same time,  tenants whose leases were expiring  often asked the landlord to let them rent on a ... Read More
March 21, 2016Lynn Drake

07

Mar2016
Having managed a fortune 500’s real estate department for many years, I was never a big believer in long term leases. I found that business space needs fluctuate and it's often not good to be locked in. However, there are times when you may want to consider a long-term lease. For ... Read More
March 7, 2016Lynn Drake