Tag: tenant representation

19

Feb2013

The Pitfalls of Subleasing

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This past year, it seemed we ran into more landlords who worked against our clients than we did landlords who worked with them. In Virginia, every time we found a subtenant for a sublease, the landlord in question would lure them over to another listing in the building. Meanwhile, in ... Read More
February 19, 2013Lynn Drake

21

Nov2012

Giving Back

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For those of you who have followed me on Facebook you may remember how a year ago I was doing 50 new things for my 50th year on the planet.  That year was one of the most memorable years in life.  I got to do some silly things like swim ... Read More
November 21, 2012Lynn Drake

11

Oct2012
As a tenant representative this is my advice for landlords and agents representing them:If you don’t treat your tenant’s right I’m not going to warn my tenants about you before showing them your buildings.  As a tenant representative I hear from your tenants why they don’t like the building. If ... Read More
October 11, 2012Lynn Drake

27

Sep2012

Detroit VS The Suburbs

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Most of my career the vacancy rate in the City of Detroit has been extremely high.   Yet as 2011 turns into 2012 we see the City of Detroit making real progress with occupancy.   According to Co-Star which measures all of the statistics Detroit is seeing improvement quarter over quarter.  The ... Read More
September 27, 2012Lynn Drake

13

Sep2012
As a tenant representative this is my advice for landlords and agents representing them:Don’t over promise improvements when showing the space.  My clients will remember what you told us and think the landlord doesn’t want them when you can’t deliver.  Under sell and over deliver is always better. It does matter ... Read More
September 13, 2012Lynn Drake

26

Jul2012
While sitting at Boston Market in Troy enjoying a chicken pot pie and a newspaper I had this uncomfortable feeling I was one of the only people in the place.  How could this be?  The food is good and healthy. The service is better than most family diners.  Yet crowds ... Read More
July 26, 2012Lynn Drake

20

Jun2012
Do you remember the childhood nursing rhyme, “The Old Woman in the Shoe?”  She had so many children, so little space she didn’t know what to do.   Even as the economy is smoothing out and rumbling forward, many tenants find themselves with more space than they can accommodate.  They have ... Read More
June 20, 2012Lynn Drake

08

Mar2012

Do You Speak Lease?

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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 ... Read More
March 8, 2012Lynn Drake

26

Oct2011

More Reasons To Relocate

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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 ... Read More
October 26, 2011Lynn Drake

13

Oct2011

Why You Simply Must Move

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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 ... Read More
October 13, 2011Lynn Drake