Evan Keith Langert's (gluna1) Blog

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Commercial Real Estate Agent - KW Realty Centre-Columbia, MD

ARCHIVED BLOG POSTS

2009 

Owners of commercial real estate are always trying to improve their bottom line.  When times are good and demand for space is high, they will try to get more rent from tenants, and will also try to get them to reimburse the landlord for more of the project expenses.  Landlords also pay a lot of a...
01/29/2009
If you are a big sports fan like I am, then you've heard many coaches stress the importance of fundamentals.  It doesn't do a whole lot for a NBA player to sky for a 360 degree dunk...only to clang the ball off of the rim and out of bounds.  The score of the game is kept by how often you can put ...
01/26/2009
The Bible says "as a man thinketh, so is he".  It also tells us to focus on things that are good, noble, "of good report", and so forth.  If you search the vast majority of religions or schools of philosophy, you'll usually find some adage, observation, etc. that says that it is important for us ...
01/26/2009
I've been a commercial real estate professional for over twenty years.  Like most people, however, I was myopically focused on what I was looking for on behalf of my clients.  If whatever I heard about didn't fit the parameters of my immediate clients, then I mentally put it in the circular file....
01/15/2009
Office landlords charge rent and state the square footage of office buildings based upon the "gross leasable area" of the office building and of the tenant's premises.  Sometimes, that causes tenants difficulty, as they mistakenly think that their space actually contains those measurements.  In r...
01/08/2009
The term "base year" refers to the payment of property expenses under a lease.  The term "triple net" generally portray a situation where the tenant reimburses the landlord for taxes, insurance, and common area maintenance of the property (in addition to paying base rent for its space).  A gross ...
01/08/2009
It seems like an innocuous clause hanging out back there near the end of a sixty or eighty page lease, but what is the significance of this clause for you as a tenant? Hopefully, your lease term goes on from beginning to end without a hitch.  You pay the rent on time.  The landlord fixes what bre...
01/07/2009
A radius clause is a clause typically found in a retail lease that prevents the tenant from opening another location within a certain distance of the leased location.  It is usually from 2-5 miles, but is heavily dependent upon the location.  The density of a major city is going to require a pret...
01/06/2009
It sounds simple.  You need 10,000 sq. ft. of warehouse space to house your inventory, and to do some light manufacturing or assembly.  You drive around the local warehouse districts and industrial parks, and you find a place that suits every one of your needs.  So, you sign a lease, and you are ...
01/05/2009
I have frequently represented both landlords and tenants.  So, occasionally one of my posts may seem to benefit either one side of the table or the other.  This is a post for primarily for landlords. Quite often, a tenant will come to the table seeking to have a corporate entity, LLC, or other li...
01/05/2009
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Evan Keith Langert

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