Professional’s Advice Gets Right to The Heart of Matters
How to identify the best Commercial Tenant Agent
To identify the best Commercial Tenant’s Agent, you should carefully consider the following six qualifications: 1) Experience: Look for a 100% Tenant’s Agent who has a proven track record of successfully representing Tenants in commercial real estate transactions, not...
How to handle IT cabling and your lease the right way
Our national Client was concerned about the Office Lease proposed by its potential new Landlord. It required the Tenant to remove all of its IT Network Cabling at the end of the lease term. How much would this cost? Do I really have to do it? Increasingly, major...
Avoid 15 Risks to Be A Really Smart Subtenant
If you consider becoming a Subtenant in Austin, Round Rock, Denver, Boulder or elsewhere, it’s critical to look deeper than the discounted rental rates and free office furniture. Look out for these fifteen dangerous potholes that could wreck your Sublease or Sublet...
Our Shimano Pearl iZumi HQ build to suit wins Number 1 in The World
Louisville, Colorado USA – Conceived under a crystal blue Rocky Mountain sky, Pearl iZumi's 55,000 SF "Modern Design Barn" was built only after Lee Plenty Wolf and Lakota Sioux Nation tribesmen had smudged the site and blessed it with sage smoke during the...
How to win with SBA Loan and rent from yourself
Buy your own commercial building with an affordable SBA 504 Loan and pay rent to yourself. Sometimes you can even reduce your company, professional firm or medical practice’s cost of occupancy significantly versus continuing to lease from a Commercial Landlord. An SBA...
How to get the best results when you renew your lease
Landlords make their biggest profits off of Tenants at Renewal Time. But some Commercial Tenants assume incorrectly that their Landlords will be fair at Renewal Time, so they start too late and leave little time for deep market research and extended negotiations. This...
Commercial lease negotiations are part dance and part dogfight
If you're moving to a new building with a new Landlord or renewing or renegotiating your existing lease, there's a time to dance and a time to dogfight. The secret is knowing when to sharpen your smooth moves or your teeth. This may surprise you but it’s 95% dancing...
Tenants better worry about meltdown by Office Landlords
Dear Sam, I hope this letter finds you well and in good spirits in Austin. I am writing to share a cautionary tale that may aggravate your ulcer, but also to impart some important, potentially painful lessons about leasing office space from a financially distressed...
Court favors Buyer when Dual Agent makes big mistake
The California Supreme Court upheld the Buyer’s appeal in its 2016 landmark case against Dual Agents working for a name-brand residential real estate brokerage firm during the sale and purchase of a $12.25 million home in Malibu, CA. To double-dip on a sizable...
The 4 best ways to develop commercial buildings
We read and heard many of the media reports about the fiascos regarding the then uncompleted 31-acre Veterans Affairs Medical Center Project in Aurora, Colorado, which started in 2007 or 2010, depending on your point of view. At this stage, the 1,260,000 SF, ten...
The best way to avoid double-crossing & conflicts of interest
When leasing commercial space, too many Tenants mistakenly think that the Landlord’s Leasing Agent/Listing Broker will somehow represent them in negotiations. Unfortunately, this is never the case. The important question that this article answers is, “Who...
How to lease flexibly for the best and worst of times
It was the best of times. It was the worst of times. As a Commercial Tenant, how do you prepare for both? You need to build flexibility into your Lease by negotiating wisely. The future for your company, partnership or non-profit may be rosy, uncertain or troubled but...
When you need to License your empty desks
If you’re a Tenant or Owner-Occupant with some unused private offices, desks or cubes in your workspace, Licensing may be a better way to get some rent or mortgage relief than traditional Subleasing. Typically, at no additional charge, Licensors also allow Licensees...
How buildings make good grades and why your Factor matters
To distinguish between buildings and justify differences in rental rates, the Commercial Real Estate Industry uses an A, B, C grading system. This explains the grading criteria for Office Buildings and why an Office Tenant should upfront pay close attention to...
What is in the spaghetti sauce of asking rates at Office Buildings
Does your mind start to get fogged up when you call a Landlord's Listing Agent about Office space for lease and he or she quotes you a rental rate number plus some other mumbo jumbo jargon? Things like triple nets, triple net charges, NNNs, OpEx and CAMs? Huh? This...
Full Security Deposit refund like free cash back credit card
So how do you get back a full refund of the Security Deposit for your leased Office or Industrial workspace? Doing it successfully is like having a credit card that pays you about 2.8% cash-back at the end of a 3-year lease or 1.7% cash-back on a 5-year lease. That’s...
Do not get shanked by a Landlord in the back alleys of Antwerp
London, United Kingdom - All alone, it can be dangerous for a US-based Occupier to pursue a commercial real estate transaction in a foreign city. Without an expert, fully equipped Tenant Representative watching your back, the risk of getting financially assaulted in a...
Treatment of leases under new FASB Rules to be painful
As comfortable as we are in our 1955 Ford Fairlanes, we all need to get ready for some changes. CFOs everywhere that use GAAP will need to get out of their comfort zones and pay attention to painful changes coming in how the Financial Accounting Standards Board...
How Landlords waste your TI Allowance and jack up your rents
Can an Office or Industrial Landlord cause you to overspend your Tenant Improvement (TI) Allowance? Absolutely. Yes, it happens to Commercial Tenants more often than you think. And when it does, Tenants get left holding a bag filled with an unexpected and un-budgeted...
Cheap trick saves rent and improves security for small Server Rooms
To save money and improve security for your data and server equipment, consider office buildings that have clean, dry basement storage spaces to lease for your small Server Room. Three (3) very good reasons to consider this are… Less Expensive to Rent: Basement...
This is how Legalized Marijuana can interrupt your lease
This is how Legalized Marijuana can interrupt your lease In Colorado and many other states, we distinguish between Medical Marijuana or MMJ and Recreational Marijuana or RMJ. There is a third category, too, which I call IMJ or Illegal Marijuana. Some refer...