The Current Market Cycle

According to Wikipedia and CNN Business and other sources, the Great Recession was officially between 2007 and 2009. But as most remember it took a long time or seemed like too long a time to recover to pre-recession levels of business activity. Now the recovery is at 106 months plus which is …

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The Wild, Wild West of Idaho Leasing

It’s the Wild Wild West in Idaho for leasing office or industrial space, so HOWDY PARTNER and you are on your own, BUCKAROO! Would you believe that the broker who is purporting to represent you in your lease negotiations is not required to have a real estate license? It’s true: …

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Avoiding Additional Rent ”Gotchas”!

Ask a corporate real estate person what is the most confusing and contentious aspect of an office lease, and the answer will almost always be the operating expenses section. All commercial leases contain at least a few paragraphs of language on how the operating expenses are handled.  Many tenants enter …

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Office Leasing 101 for Nonprofits

Given that a nonprofit organization’s facility costs are typically the second highest cost on its balance sheet (after staff), securing a good lease on the best office space should be a high priority. Unfortunately, we’ve found that real estate costs and commitments are often not addressed in the best way.  …

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7 questions you should ask before leasing office space

Most business owners and managers are experts in the fields they’ve chosen — not in commercial real estate. When it’s time to find new office space, it’s normal to not know what to look for. To get you started, here are seven questions office building tenants should ask prior to …

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Representing you: What it really means

“I am going to represent you.” Lately I have wondered what a client seeking office or industrial space thinks when we say that. “Represent” can mean different things to different people; inevitably a client’s expectation is colored by his or her past experiences. Has the person been represented in a …

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Follow the Money!

Here’s an important question you may not have thought to ask: How is my commercial real estate agent getting paid? It applies to agents representing both the landlord and, in our case, the tenant. I have been in this profession for over 40 years and rarely have I heard a …

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Process and predictability

At Tenant Realty Advisors we work with many local companies that occupy office, industrial and retail spaces.  We also work with sophisticated national corporate occupiers. These corporations tend to have an advantage over smaller companies when it comes to real estate: With their full-time, in-house real estate teams, they bring …

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The full-service conflict: Trying to be all things to all people

Imagine sitting down to negotiate a lease for office space in a new building. Beside you is the real estate agent representing your company. Across the table is the building’ s landlord, accompanied by his or her real estate agent. The catch? The two agents are colleagues — they work …

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