Picking the Right Lease Term

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...
Seven Steps for Maximizing Economic Benefits

Seven Steps for Maximizing Economic Benefits

Q: Our company is a thirty-year-old engineering and production company and we definitely need to expand in the next couple of years. As we consider our real estate needs, we are also trying to understand all the economic programs that may be available to us.  Can...
Reviewing the Proposed Lease – Twice!

Reviewing the Proposed Lease – Twice!

Q:   We have found the right office space and will be receiving a proposed lease from the landlord.  Obviously, we will have attorney review the lease.  Is there anything else we should do to negotiate the lease? A:   If you are a tenant,...
Making Your Property Stand Out

Making Your Property Stand Out

Q: We are placing our industrial building on the market shortly. What are some of the ways we make our building stand out and get top dollar? A:  Not many owners of available commercial real estate take the time to evaluate their competition, but that is...
Hiring A Tenant or Buyer Broker

Hiring A Tenant or Buyer Broker

Q:  A real estate broker wants to represent our company exclusively, but we are nervous that we may not see all of the available properties if we limit ourselves to one broker. It seems that we may have a better chance of finding the right space if we “play the...