The Four Stages of Real Estate Acquisition

The Four Stages of Real Estate Acquisition

We are in the market to buy or lease a commercial building. What should we expect from our real estate broker? Whether you are represented by an exclusive real estate broker, a corporate real estate department, or a paid consultant, your representative should be...
Rights of First Refusal

Rights of First Refusal

We are negotiating a commercial lease with a prospective landlord and have asked for a right of first refusal to purchase the building. He declined, but offered us a right of first offering instead. What exactly is the difference?A right of first refusal is a...
Choosing a Real Estate Agent

Choosing a Real Estate Agent

Q: How do you choose a real estate agent? A: Probably the very best way to answer this question is to tell you how we choose a real estate agent when an assignment takes us off Long Island. In that case, we may need the expertise of a local agent to assist me with...
Fortune 500 Wisdom

Fortune 500 Wisdom

There are lessons to be learned from the largest companies in America when it comes to managing your real estate. But the decision to buy or lease real estate may not be one of them. Fortune 500 Corporate America has indeed been divesting itself of real estate...
The Total Cost of Relocation

The Total Cost of Relocation

Can you provide some ball-park costs associated with relocating our company? We’re concerned that these secondary costs may get out of hand. You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility...
Negotiation Tactics for the Seller

Negotiation Tactics for the Seller

Q: We have received an offer on our 16,000 square foot industrial building. What are our next negotiating steps? A: Fundamental to any successful negotiation is thorough preparation – this is the work that needs to be done before a counter-offer is made. Entire books...