October 1st, 2020
It is clear, as business and industry continue to adjust and prepare for the next new normal, that there is no crystal ball. The only thing predictable about what comes next is that whatever it is, is sure to change. Businesses are now in a position to emphasize their adaptability and flexibility as they look […]
July 1st, 2020
For Culmen Real Estate Services, which specializes in property and asset management, reopening means providing support for businesses and owners to make the best choices for their business, customers and employees to come out of the global pandemic on the other side.
June 2nd, 2020
At the end of 2019 and beginning of 2020, commercial real estate professionals were cheering at the state of the market. Businesses were thriving, moving, expanding, occupying previously empty building and building new. The market was good, with the emergence of COVID-19 as a global pandemic, the market has been flipped on its head.
May 21st, 2020
For a company like Culmen, known for keeping tenants happy, helping businesses in the time of COVID-19, is essential work, to help companies stay afloat throughout uncertain time. The role of property managers in keeping properties clean and safe has become even more essential in this time. Culmen Real Estate Services, classified as an essential […]
May 5th, 2020
Businesses everywhere are struggling right now to make sense and face the uncertain financial implications of COVID-19 on their businesses. Culmen is working with our clients to find creative solutions for their tenants that work out as viable options for everyone.
October 15th, 2019
If you own commercial real estate, you know that bringing new tenants into your building is both the most exciting and the most frustrating part of managing your investment. Negotiations can string along for months, and the tenant improvement process is full of potential pitfalls. But if you have the right advisors at your side, […]
October 5th, 2019
So your building has been on the market for a few years and you haven’t been able to close a deal. Should you consider offering free rent as a marketing tactic to attract a tenant? Short answer: No. Slightly longer answer: Free rent should never be a marketing tool, but it can be a useful […]
September 25th, 2019
Negotiating a lease with a new tenant can sometimes string out for weeks or even months as the two parties try to reach an agreement about all of the terms. One of the main topics that landlords and tenants will go back and forth on is the tenant improvement allowance. What is a tenant improvement […]
September 15th, 2019
When you purchase an investment real estate property, you have to make many decisions. One important decision is whether you will charge a flat rate to tenants and cover all operating expenses yourself, or whether you will charge tenants a lower rent and bill them for expenses. The first option is usually referred to as […]
September 5th, 2019
Commercial real estate trends come and go, and keeping up can take a lot of work. Some tenants will always flock to the building with the coolest layout, in the best neighborhood, or with the most perks. Since you can’t pick up your building and move it to a better spot, and you can’t expose […]
