How to Leverage Your Real Estate Broker One important reason to hire an exclusive real estate professional “Why hire an exclusive real estate broker to represent you when finding space?” is a question that I find fairly often. Some benefits, like managing...
Why You Should Consider Having an Exclusive Broker Prospective tenants are often resistant to hiring an “exclusive” broker. They feel that if they hire just one company, they’re not going to get to see the breadth of the market and that by dealing with multiple...
Don’t Let a Lease Expiration Go to Waste “Don’t let a crisis go to waste.” This proverb from Winston Churchill, made famous again in 2008 by Rahm Emanuel, is applicable to many things in life, including the expiration of a commercial lease. The moral of the...
Rentable Space or Usable Space? As many tenants know, rents have been rising. The stock market peaked in May (and is threatening a new high again), and according to regular cyclical patterns, it is set to continue rising for another year or two. Continued increases in...
How Do I Get Out Of My Commercial Real Estate Lease? Part 2 In the previous post, we discussed subleasing, assigning, desk-sharing and the option to cancel as some of the remedies a business might use to get out of a lease. In this post, we discuss the least desirable...