Category: Landlords

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

12

Oct2017
What is similar to a wolf in sheep's clothing?A landlord or a landlord real estate agent pretending they have your best interest at hand when renewing your lease.NEVER FORGET: It is their job to get the most money as possible for the space you lease.Image from seputarkudus.com
October 12, 2017Lynn Drake

29

Sep2017
For those who believe there really is such a thing as a free lunch and free rent, the game has changed, especially when it comes to leasing commercial space. Landlords are generally willing to give a free month, but the incredibly generous deals of the past are fading as buyer ... Read More
September 29, 2017Lynn Drake

18

Aug2017
Most landlords in the game today know their business inside and out. The stay on top of what their competitors are asking and what the market will bear. They know what deals are being done down the street—especially when they lose a deal to a particular landlord.Here’s the thing: landlords ... Read More
August 18, 2017Lynn Drake

02

Aug2017
Across the country, building owners charge different rates for electricity, usually based on their  climate. An electrical rate in Troy, Michigan will be far different than that charged in Phoenix, Arizona. Even in the same area, landlords can charge far more than their neighbors.Why? Electricity is usually a cost center for ... Read More
August 2, 2017Lynn Drake

20

Jul2017
I always enjoy showing our clients potential space for their offices. I find it interesting to see space through their eyes, rather than my own. I may think a particular space is great, they may not see it working for them at all.One of the biggest differences between residential and ... Read More
July 20, 2017Lynn Drake
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20

Mar2017
Has Your Company Found Itself with Extra Space?Do you remember the childhood nursery rhyme, “The Old Woman in the Shoe?” She had so many children, and so little space, she didn’t know what to do. But eventually, her kids left the nest and she was left with all kinds ... Read More
March 20, 2017Lynn Drake
TOP

10

Mar2017
Easily Avoidable Mistakes that are too CommonWe 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. We often find that tenants aren’t even aware that negotiation is a ... Read More
March 10, 2017Lynn Drake

28

Feb2017
Are you Wondering the Same Thing About Empty Commercial Space?If I had a nickel for every time I’ve been asked this question, I’d be rich by now. Time after time, people ask me: why won’t the landlord reduce the rent of an empty building? It would stand to reason that ... Read More
February 28, 2017Lynn Drake

23

Feb2017

A Compass Case Study

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Check out the Tremendous Savings that Compass Commercial was able to Facilitate for a ClientSales Organization Case Study: A sales organization had been in their building for 3 years and originally had 3,342 s.f. when they moved into the building in 2012. By 2014, they had out grown their space, so ... Read More
February 23, 2017Lynn Drake