Tag: Commercial real estate

10

Sep2014
When I first opened my business, it felt like we had a revolving door of people. We interviewed people who seemed perfect for the position, and perfect for the company, only to find out, weeks later, that we had made a mistake.Over the years, I’ve tweaked my hiring formula ... Read More
September 10, 2014Lynn Drake

20

Aug2014
I love commercial real estate. Every day is a different day. Every customer has different needs. Whether we reduce their rent or find them that perfect space, our work is always very, very rewarding. We learn about all kinds of businesses. My favorite experiences are the ones where ... Read More
August 20, 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

07

May2014
Most people don’t really have any concept of the amount of time and effort it takes to line up a tour for prospective clients. Commercial real estate is quite different than residential—if only our work was as easy as residential, where all you have to do is call and get ... Read More
May 7, 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

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

22

Nov2013

Leases and Animals

0  
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

06

Sep2013
Let’s say you hired an agent and they sent you a list of sites to review. You review the list, make your choices, and you’re ready to go. You tell the agent you could see the selected sites as early as tomorrow morning. This might be how it works in ... Read More
September 6, 2013Lynn Drake