You see a rental sign for a great building in super neighborhood, the kind of place you could grow your company and create a legacy. You think you might save a few dollars by negotiating the deal yourself. Landlords say the deal could go through faster, cheaper without outside interference. ...
September 21, 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
Just because someone is a plumber, doesn’t mean they can clear a septic field, snake a basement pipe and also fix the drain in your bathtub. Specialties abound. And you don’t want to be caught deep in effluent.Hire a reputable real estate attorney to review your lease, and you’ll regain ...
June 23, 2011Lynn Drake
My son and I enjoyed thousands of hours playing games and pretending we knew where to find Waldo in a crowd, in a book page or on the Internet. Some landlords I’ve talked with have more luck finding Waldo on the game board than finding tenants for their very nice ...
May 25, 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
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 ...