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 ... Read More
Tag: Compass Commercial
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
08
Aug2017
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 ... Read More
August 8, 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
25
Jul2017
The ITRA spring meeting was held in Atlanta. We visited the Ponce City Market which is mixed use redevelopment of the former Sears warehouse. The building is divided into shopping, offices, residential and parking.
July 25, 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
03
May2017
See the Amazing Results Compass Managed for a Non-Profit!
The Challenge:
The Girl Scouts had a long-term lease at the Fisher building in Detroit, Michigan. Their rent was significantly over market and they had more square footage then they needed. They also faced many issues as a building tenant, including: Bankruptcy of ... Read More
May 3, 2017Lynn Drake