Starting rental rates are the most used financial metric in commercial real estate. Explore their significance in this post.
A practical guide to help industrial tenants think about the best way to maintain leased property Every company wants to avoid property maintenance issues during their occupancy of a property. While there is a common focus on the immediate economic results of leasing a property, most industrial tenants should pay closer attention to how theyContinue reading “Industrial Property Maintenance”
In my previous post, I discussed how the length of a commercial real estate lease impacts the operational and financial considerations of a company or customer. This post is sort of an addendum to that post, since what I want to talk about is the lease termination option and its use in commercial real estate.Continue reading “Why Some Commercial Real Estate Lease Structures are Better than Others-Lease Termination Options”
This post reviews why lease term matters in commercial real estate leases and how variance in lease term will impact common real estate metrics.
There is an art in negotiating a lease in the best interests of your company or customer. As commercial real estate professionals, in order to create great work, we need to be armed with the right tools to understand the operational and financial aspects of the agreements to which we are binding our company orContinue reading “Why Some Commercial Real Estate Lease Structures are Better than Others”
In my last post I made the case that the most important objective of any industrial real estate transaction is to avoid negative outcomes. Since risk is the probability of a negative result, evaluating and reducing risk is the way to reach the most important objectives in industrial real estate transactions. In general, a mindsetContinue reading “Avoiding Negative Outcomes: Risks to Consider in Industrial Real Estate Transactions”
If you were to choose the most important objective of any industrial real estate transaction, what would it be? Spectacular savings compared to market? Getting acceptance on all the important legal terms? Above market tenant improvement allowance? Operations is happy with the property condition? On-time occupancy? While all those results would be fantastic and areContinue reading “Avoiding Negative Outcomes: How to Focus on What is Important in Industrial Real Estate Transactions”
Corporate real estate has developed distinct service categories to meet the real estate needs of business units and organize talent by skill sets. These services often work closely with each other. Portfolio administration continuously interacts with transaction management, facilities management and legal. Facilities management can frequently work with project management and space planning, or assumeContinue reading “CRE Services”
The selection and hiring of a market broker to represent a client as a fiduciary is one of the most significant responsibilities of a corporate real estate account manager. A market broker is typically an expert in a given geographic market or vertical, such as cold storage or truck terminals, while the corporate real estateContinue reading “Selecting and Hiring a Market Brokerage Partner”
Last week I was listening to the Art of Manliness podcast with guest John Tierney, who recently co-wrote a book called The Power of Bad: How the Negativity Effect Rules Us and How We can Rule It. As the title would indicate, John and host Brett McCay discussed how humans are much more sensitive toContinue reading “Avoiding the Bad”