Tag: relocations

06

Jun2018
Wondering how much office space your business really needs?We can help! Follow the link below to our website, which will provide you with the tools you needed to determine the right size space for your new or existing office. https://www.compass-commercial.com/space-calculator/          
June 6, 2018Lynn Drake

13

Nov2017

How to Re-purpose a Building

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Image from The Art of Custom Framing website Just because a building started out as one thing doesn't mean it has to stay that way. That was my thought, in 2016, when I came across a former racquet ball court building in Troy, Michigan, while researching new space for my art gallery ... Read More
November 13, 2017Lynn Drake

15

Sep2017

Who Controls the Thermostat?

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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 ... Read More
September 15, 2017Lynn Drake

16

May2017
What is the difference between a Leasing Agent and a Tenant Representative? You will usually find the Leasing Agent’s name on the “for lease” sign in front of a building.  The Leasing Agent represents the Landlord, and is sometimes called the Property Manager. The Tenant Representative Agent may be harder to find, ... Read More
May 16, 2017Lynn Drake

21

Nov2016
Now that the economy has improved we are seeing our clients interested in buying buildings again.  I recently heard about a woman who wanted to open a coffee shop so she went to the bank first to get a loan to buy the building. Just because a building is for sale on ... Read More
November 21, 2016Lynn Drake

07

Mar2016
Having managed a fortune 500’s real estate department for many years, I was never a big believer in long term leases. I found that business space needs fluctuate and it's often not good to be locked in. However, there are times when you may want to consider a long-term lease. For ... Read More
March 7, 2016Lynn Drake

17

Aug2015

The Relocation Clause

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Each year, I’m amazed at the new things I see happening with tenants. One of the largest buildings near us in Southfield, has taken the relocation clause to new heights. A tenant in the building worked diligently with their landlord to get their proposed office space just right. No sooner ... Read More
August 17, 2015Lynn Drake

07

Jan2015
It is interesting when one takes a group of people out on tour to see their reactions. Some people go simply on about how the space looks the minute they see it. Others are very analytical, and need lots of data. No matter what, your agent needs to run ... Read More
January 7, 2015Lynn Drake

02

Apr2014

Why Compass Moved

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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 ... Read More
April 2, 2014Lynn Drake

19

Mar2014

Open Floor Plan, Anyone?

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There is much debate about the open floor plan. As you read recently, Compass Commercial moved offices last year, and as we began to search for space, I wanted one that would attract a younger generation of workers—which meant going with an open floor plan. Are you considering doing the ... Read More
March 19, 2014Lynn Drake