by David Hunt | May 16, 2022 | Blog
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... 
by David Hunt | Apr 13, 2022 | Blog
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... 
by David Hunt | Mar 11, 2022 | Blog
Q: We want to purchase an industrial building to house our growing import and distribution business. I have heard that the three most important criteria in selecting real estate are “location, location, and location.” What other criteria would you suggest? In... 
by David Hunt | Feb 15, 2022 | Blog
Q: We are selling an industrial building and have multiple offers that are very close. Besides price, how else would you evaluate the offers in making a final decision? A: This has been a common occurrence on Long Island in the last few years (and... 
by David Hunt | Jan 12, 2022 | Blog
Q: We are trying to buy an industrial building for our distribution business. We have lost two deals in a row, and are getting frustrated. I’m wondering what suggestions you might have to actually close a deal once you have found the property you want. A: Entire books... 
by David Hunt | Dec 8, 2021 | Blog
Q: Everyone seems to think that we should buy, not lease, our next building. What is the best way to make this decision? A: While every case is different, there are certain underlying factors that drive the best decision in most buy-lease scenarios. These factors are...