This tax season you want to evaluate the pass through’s or increases over a base year that your landlord charges you. More than likely you received a bill which shows the actual cost billed less any payments made for these costs.Pull out your lease to review the description on allowable ...
November 30, 2011Lynn Drake
Just remember the standard rule of real estate: If the deal looks too good to be true, it might very well be too good to be true.Grandma owns a building. It is a little run down. It is an hour away from our best customer. But we can save $5 ...
October 26, 2011Lynn Drake
Legitimate reasons for moving abound, people need more space, less space, want a more attractive space or a more economical space. But then, as a leasing agent, we deal with the crazy and weird situations, some with bright solutions. Here are a few from the Compass Commercial book of woes: If ...
October 13, 2011Lynn Drake
One of the things that make it hard to figure out the costs of leasing a building is that different types of real estate charge differently for space. For instance a retail or industrial building is going to charge a base rent plus taxes, maintenance and utilities. These chargers can ...
September 7, 2011Lynn Drake
When you lease an industrial building or a strip center, what you see is what you get. Watch out for the costs within a large office space. Each tenant pays a percentage of upkeep in the common area.You already pay for the space within your suite including a lobby, storage ...
August 23, 2011Lynn Drake
Do you see a tall building and wonder what it would be like to own a space inside that property? Do you go on open house tours just see how others live and work? Do you want to become savvier in the real estate business? Come chat with Compass-Commercial. As ...
August 4, 2011Lynn Drake
Any number of us could write a new chapter to Richard Farina’s book, “Been Down So Long it Looks Like Up to Me,” from the 1970s. This last down cycle took us down – almost to the railroad tracks and had us hunting for the old tune by Nancy Sinatra ...
June 8, 2011Lynn Drake
For everyone that began to believe there really is such a thing as a free lunch and free rent, the game is changing. Landlords are willing to give a month, but the incredibly generous deals are fading as buyer interest picks up. Watch out if you find ...
Not all brokers are cut from the same cloth. Can you see through their list of impressive credentials to learn who they really serve?The best tenant representatives take time to get the low-down on area landlords, especially in prime rental markets. A traditional real estate broker may find it serves ...
Do you speak lease?Some of us speak Greek, Spanish, French or Mandarin in addition to English. We think we can speak real estate, but you had better know someone who can speak fine print or your lease terms could get lost in translation.Pay careful attention to how a commercial or ...