Six Essential Rules for Closing Deals

Six Essential Rules for Closing Deals

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...
Buy or Lease?

Buy or Lease?

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...
Renew or Move?

Renew or Move?

Q: We lease approximately 7,000 square feet of office space for our law firm. The space works well and is in a good location for our employees. Our lease expires in a year, and we have an option to renew. Is it really worth the effort to consider moving? A:  My...
What Is My Agent Doing?

What Is My Agent Doing?

Q:   If I hire an exclusive broker to represent me in the purchase of a building, what is he doing to make sure that I find the right building? A: I cannot speak for all companies that represent buyers, but I can tell you what our firm does in representing buyers or...
Environmental Reports

Environmental Reports

Q: We have made an offer to purchase a building. Our broker insisted that it made “subject to environmental.” What exactly does that mean? A:  When purchasing any real estate, one of the most critical items to research is the environmental condition...