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...
The Total Cost of Relocation

The Total Cost of Relocation

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

Lease Escalations

What is a fair rent increase in a commercial lease? My firm is negotiating a lease on an industrial building, and the landlord is asking for a 4% escalation every year. Is there a standard rent increase for industrial leases? There are no standard or published lease...