In the market for a new office, or have some extra space available? Many people might look in the Yellow Pages, some will ask friends. Whatever system you use to find a realtor, make sure to screen them before hiring. Commercial realtors come in every shape, color, size, and age. You ...
Tag: Commercial Tenant Representative
February 7, 2018Lynn Drake
It really nags at me that there are firms out there who claim they’re representing your best interests when, in reality, they’re doing the opposite. Many are simply project managers and construction companies in disguise—not truly tenant representatives. Confused? Here’s How This Works: You’re looking for space, and you find a supposedly “good” tenant ...
September 12, 2017Lynn Drake
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 ...
August 18, 2017Lynn Drake
We talk a lot about the importance of an RFP (Request for Proposal), and written about the top mistakes that tenants make. One mistake we see frequently is that tenants don’t check the RFP against the final lease. A good agent will do this for you automatically. Many agents will affectionately tell ...
August 8, 2017Lynn Drake
Did you know that office buildings have a rating system? We often will say a building is a Class A building—but what does that really mean? Class A Buildings A Class A office building means the building is either less than 7 years old, or the lobby has been upgraded in the ...
February 1, 2016Lynn Drake
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 ...
May 22, 2014Lynn Drake
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 ...
April 23, 2014Lynn Drake
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 ...
April 2, 2014Lynn Drake
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 ...
March 5, 2014Lynn Drake
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 ...
February 20, 2014Lynn Drake