Category: Landlords

24

Sep2014

The Last Minute Gotcha!

0  
Your business is doing well, and you are happy with your current landlord. You may or may not notice that your lease is expiring in less than a year. You might think, since there’s been no word, that your landlord forgot. I guarantee you, this is not the case. Maybe ... Read More
September 24, 2014Lynn Drake

06

Aug2014
I hate cold calling, and yet, it’s how I make most of my money. Experts will tell you cold calling is a waste of time, but I strongly disagree. Interestingly, when we call someone to offer our services, the biggest pushback we get is, “I’ll do it myself.” Are YOU ... Read More
August 6, 2014Lynn Drake

16

Jul2014
Are renewal options important? 95% of the ones I’ve seen set the renewal option at market rate, and the other 5% are set at a rate I would deem as “important.” How do you know? Well, you start by taking a look at a CoStar report to see what the ... Read More
July 16, 2014Lynn Drake

01

Jul2014
As a brokerage firm, we have been disappointed with some of the attorneys reviewing our client’s leases. Why would this be? An attorney is an attorney, right? So you’d think. But you’d be wrong. Wrong, wrong, wrong. Assuming all attorneys are alike is no different than asking your gynecologist to ... Read More
July 1, 2014Lynn Drake

04

Jun2014
Having come out of corporate real estate, I knew all about the real estate end of things. My customers were always fellow staff at the corporation where I worked in the real estate department. Entering the other side of the business was a whole new ballgame for me. It meant ... Read More
June 4, 2014Lynn Drake

22

May2014
Our new offices are in a Class A building. The suite looks more like an art gallery than an office space, with high ceilings, and an 8-foot glass wall along one side of the office. The only thing missing is a gym—good thing we’ve got one right next door!Beginning your ... Read More
May 22, 2014Lynn Drake

23

Apr2014
In this industry, one can’t help but develop favorite landlords. The ones who treat your prospect like gold. The ones who go out of their way to be accommodating. This year, I had the pleasure of working with a firm called Shaw Construction in Livonia. They were so accommodating to ... Read More
April 23, 2014Lynn Drake

02

Apr2014

Why Compass Moved

0  
When we leased our last office, we were so excited to move out of my house and into an office space. We thought that we would be there for many years. However, two short years later, we ran into a couple of bumps in the road. For starters, our building ... Read More
April 2, 2014Lynn Drake

19

Mar2014
There is much debate about the open floor plan. As you read recently, Compass Commercial moved offices last year, and as we began to search for space, I wanted one that would attract a younger generation of workers—which meant going with an open floor plan. Are you considering doing the ... Read More
March 19, 2014Lynn Drake

05

Mar2014
Some of us speak Greek, Spanish, French or Mandarin, in addition to English. We think that if we can speak these other languages, surely we can speak real estate. But that’s where we’re wrong. See, not everyone can speak real estate. That’s why it’s important to work with a tenant ... Read More
March 5, 2014Lynn Drake