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 […]
August 26th, 2019
The most profitable customer is the one you already have. This is never more true than in commercial real estate, when replacing customers can cost millions of dollars in lost rent, broker fees, and tenant improvements. But too often, commercial property owners put too much attention on finding new tenants to fill vacancies and end […]
