An office tenant representative offers several key benefits to a company leasing office space, helping enhance both financial and operational performance: 1. Cost Savings: Tenant representatives leverage their market knowledge and negotiation skil…
READ »A lender recently took a 73,000 SF office building to auction in metro Atlanta. They used a popular auction site. The highest bidder was at $3.6 million. The highest bidder failed to pay the earnest money and failed to close. When talking to their attorn…
READ »As the calendar year draws to a close, an intriguing pattern emerges in the commercial real estate sector: a notable uptick in transaction volume during the fourth quarter. This trend, observed consistently over the years, reveals much about the dynamics…
READ »Needing office space within 90 days is like your basketball team being behind with 90 seconds left in the game. You can still achieve your goal, but you need a proven game plan, a strong team effort and a full court press. The normal time for a need’s…
READ »Tenants who find they have excess space may sublease to your firm. A sublease can provide benefits including cost and timing. A sublease can also have detriments, one of which could be catastrophic. Benefits Potential under market rent. The orig…
READ »On a previous episode of The Commercial Real Estate Show, I discussed “How Real Estate Decisions Impact Your Business.” If you own, operate or lead a company, there are certain real estate strategies that will add considerable value to your business. …
READ »While some participants are watching from the sidelines, trying to decide when to get in the game, others are taking advantage of supply and demand dynamics and closing transactions. While cap rates vary on location, building quality, lease terms, future…
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