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
Tag: tenants
18
Aug2017
Most landlords in the game today know their business inside and out. The stay on top of what their competitors are asking and what the market will bear. They know what deals are being done down the street—especially when they lose a deal to a particular landlord.Here’s the thing: landlords ... Read More
August 18, 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
04
Apr2016
Not too long ago, a business coach called me about one of his clients who had a slightly unusual need for office space. His client had already hired an agent and was running into all kinds of challenges. Her coach told her to get rid of the agent and hire ... Read More
April 4, 2016Lynn Drake
01
Feb2016
Did you know that office buildings have a rating system? We often will say a building is a Class A building—but what does that really mean?Class A BuildingsA Class A office building means the building is either less than 7 years old, or the lobby has been upgraded in the ... Read More
February 1, 2016Lynn Drake
07
Oct2013
If you’ve ever worked with a tenant representative broker, you may have wondered to yourself: why do we ask so many questions? We always use a Request for Proposal (RFP) when comparing spaces for our clients. Many landlords and their representatives would prefer to and choose to skip this part. ... Read More
October 7, 2013Lynn Drake
02
Apr2012
When I made the decision to leave Equis back in December 2009, it took me almost a year to do the due diligence that came along with deciding how my new entity would look. I spent most of the year talking with franchisors about the cost of ... Read More
April 2, 2012Lynn Drake
26
Oct2011
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
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
21
Sep2011
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. ... Read More
September 21, 2011Lynn Drake