Tag: commercial property

09

Aug2017
Follow this  link to determine how much square footage your firm needs:  https://www.compass-commercial.com/backoffice-space-calculator/
August 9, 2017Lynn Drake

17

Aug2015

The Relocation Clause

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Each year, I’m amazed at the new things I see happening with tenants. One of the largest buildings near us in Southfield, has taken the relocation clause to new heights. A tenant in the building worked diligently with their landlord to get their proposed office space just right. No sooner ... Read More
August 17, 2015Lynn 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

19

Mar2014

Open Floor Plan, Anyone?

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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

Do You Speak Lease?

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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

20

Feb2014
In late 2013, we moved into a really nice new office space. You probably think it was a slam-dunk, since office space is what we do for a living. We might know our stuff, but that doesn’t mean our search was a piece of cake. For one reason or another ... Read More
February 20, 2014Lynn Drake

05

Feb2014
I’ve lived in Troy, Michigan for most of my life. If you ask me, it’s a great community with great amenities. Last year, Troy High School was listed as one of the top 20 best high schools in the United States. We have great shopping – people come from miles ... Read More
February 5, 2014Lynn Drake

24

Jan2014
Crain’s Business recently had an article about Oakland County Executive L. Brooks Patterson. I’m a huge fan of Patterson, but have to admit I was a bit perplexed when I saw his comments about Dan Gilbert. According to Patterson, Gilbert’s move to recruit suburban firms to move downtown seemed to ... Read More
January 24, 2014Lynn Drake

04

Dec2013
Last month there was a blog asking which areas were growing across the US. With all sincerity I responded that Detroit was a growth market. The person who posted the question asked me how many construction sites I saw in this area. I could tell he thought I was pulling ... Read More
December 4, 2013Lynn Drake

22

Nov2013

Leases and Animals

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While many people might consider agents to be animals, the animals I’m referring to here are the 4-legged furry types. In 2012, I ran a column asking for the oddest lease clauses that people came up. The most amusing answer I received was about a location where the tenant wanted ... Read More
November 22, 2013Lynn Drake