Your company culture might encourage people to flex their schedules and stay late in the evening or come in on weekends during crunch periods. Can your building accommodate you? Does it accommodate the hard workers down the hall at your expense? The big question is: Who controls the thermostat? If a building ...
September 15, 2017Lynn Drake
Harvey MacKay, author of the seminal business book, “Swim with the Sharks without Being Eaten Alive” (prequel to the reality show, Shark Tank) suggested that entrepreneurs focus their energies on drumming up business and managing staff. He recommends leaving the jobs you know little about to professionals who know a ...
February 13, 2012Lynn Drake
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
When I stumbled upon a job in commercial real estate I found nirvana. I liked bookkeeping and enjoyed studying business and accounting in college. But I couldn’t see my future in computerized ledgers. I needed more action. I landed a job working for one of the biggest commercial real estate landlords ...
July 13, 2011Lynn Drake
Your company culture might encourage people to flex their schedules and stay late in the evening or come in on weekends during crunch periods. Can your building accommodate you? Does it accommodate the hard workers down the hall at your expense? The big question is who controls the thermometer. If a ...
May 12, 2011Lynn Drake