Tenant Retention

Tenant Retention

I own an industrial building with several tenants. What are the very best ways to reduce my marketing and leasing costs when the leases with my tenants expire? Professional landlords know that one of the best ways to reduce their marketing and leasing costs is to...
Forget the Price

Forget the Price

We are just starting to look for larger warehouse and manufacturing space. Why does our broker insist on showing us space that is out of our budget? Unless your broker is offering you space wildly out of budget, he is absolutely correct to be ignoring the asking price...
Dual Agency

Dual Agency

We are in the process of hiring an exclusive broker to represent us in leasing office space for our new corporate headquarters. He mentioned the possibility of dual agency in handling this assignment.  What is dual agency and how would it affect us? Quoting from the...
The Ultimate Tool in Evaluating Leases

The Ultimate Tool in Evaluating Leases

We are in the process of deciding where to lease new office space and have several alternatives. What is the best way to financially evaluate two or more leases?  The very first step in comparing two or more lease alternatives is to understand the financial impact of...
Staying Ahead of the Curve

Staying Ahead of the Curve

We will be placing our professional building on the market shortly. What are some of the steps we can take now to avoid problems in the selling process? You are smart to be thinking ahead. Hasty, ill-informed, and costly decisions are often the result of being...
Caring For a Vacant Building

Caring For a Vacant Building

We are moving to a new location, and are vacating an industrial building that is currently on the market for sale. It is not practical for us to have an employee stay on site, or regularly travel to the building. Do you have any recommendations? In a sense, a building...