landlord: Metro Detroit - Southern Oakland County Area - Client Requirement - 1,500 to 2,500 SQ FT Office Space
- 10/09/09 10:44 AM
Hi everybody! I am representing a client looking to lease office/flex/industrial space: Size: 1,500 to 2,500 SQ FT Type: Office Space Timeframe: Immediate Location: Beverly Hills, Lathrup Village, Berkley Areas Please forward any opportunities that you may have available to: Jason Tucker | Associate Director Newmark Knight Frank, Inc.34975 W. Twelve Mile Road | Farmington Hills, MI 48331Phone: 248-848-4084 | Fax: 248-848-9041 | Cell: 248-431-8138e-mail: jtucker@newmarkkf.com | Website: www.newmarkkf.com … (0 comments)
landlord: Not Another Office Lease Nightmare Story!?
- 07/16/09 03:41 AM
Yet again, we met with another company and the story is the same! So many of these companies signed leases in a "different" market, and the lease that they had agreed upon included an annual increase, or a rent escalation, usually of $.50 cents per square foot per year. The problem is, they are in their 3rd or 4th year of a long term lease and they are now paying an exorbitantly high price per square foot. In some cases, they are paying close to DOUBLE what the market rate is. What is Rent Escalation? Fixed rent over a longer-term lease … (0 comments)
landlord: So Who Say's There's Nothing Happening Out There?
- 04/03/09 11:36 AM
Okay guys and gals, I don't know about you but things are really rocking and rolling here! Although, it may be because I am working around the &!@# clock, or maybe not.. Here are a few recent successes: Tenant Representation Services - Recently assisted a telecommunications and networking firm with finding new space and they signed a 3 year lease on roughly 2,000 SQ FT of office space in Farmington Hills, Michigan. Landlord Representation Services - Challenged with finding a new tenant to manage a 22,000+ SQ FT banquet center and café, we were able to find a replacement tenant in … (5 comments)
landlord: What is a Lease Restructure?
- 10/17/08 06:35 AM
The idea of a lease restructure is fairly simple: Assume that you have 4 years remaining on your original 10-year term lease. Your original lease was most likely structured with an annual increase based on yesterday's lease rates. If you were to sign a lease today in most cases it would be lower than what you are currently paying. We would build leverage by placing your existing space on the market for sublease, examining less expensive options and approaching your landlord to restructure your lease. During this lengthy negotiating process with your landlord we would also approach several outside landlords to … (0 comments)
Jason is personally committed to a holistic approach for assisting local and international companies with their strategic real estate needs. He provides his clients with targeted real estate market research, industry trend analysis, and logistics solutions that enable them to make well-informed, cost-effective decisions about their businesses.
Hi everybody!
;)
;)
