Marketing Your Commercial Real Estate

Marketing Your Commercial Real Estate

Q; I own an industrial building and my tenant has informed me that they will not be renewing the lease next year. What’s the best way to find a tenant and lease the building quickly? A: The days of putting a sign on your property, marketing a building by yourself, and...
Sale-Leasebacks

Sale-Leasebacks

Q:  What would be the advantage of selling our manufacturing plant and leasing it back, as opposed to just refinancing the building? A:  There are several advantages to selling your property to a third party and simultaneously executing a long term net lease...
Lease Enhancement

Lease Enhancement

Q: We are planning to lease a larger manufacturing facility on Long Island. Our broker says the landlord is going to require “lease enhancement”. What does this mean, and how should it be negotiated? A: Lease enhancement refers to a means of providing additional...
Lease Options

Lease Options

When a company is negotiating a long-term lease for a new manufacturing facility, it is important to know what an option is and how it can affect the negotiations of a lease. The definition of an option is a provision in an agreement that gives one party the right,...
Lease Options

Picking the Right Lease Term

Q: What do you recommend as the right lease term for an office lease? A: This is highly dependent on your objectives and the nature of your company. So, let’s start with some of the advantages and disadvantages of short and long terms for a lease. One of the major...
Property Sparkle On A Budget

Property Sparkle On A Budget

Q:   I have a building for lease. I want to make the property attractive for a tenant but have a limited budget. Where do I start? A:  When marketing commercial real estate, there are three major concerns that you should address with respect to property...