lease: What is a lease abstract and how can it help your business? - 06/22/10 08:05 AM
Most corporate real estate leases consist of several dozen pages and in some cases upwards of a hundred pages or more.  A lease abstract is a 1 or 2 page snap-shot of your lease in an easy to read format.  The process involves reading through your entire lease and abstracting pertinent information.  Some examples of extracted information include the following:
  •  Date Lease Signed
  •  Date Lease Expires
  •  Length of Term
  •  Current Rate Being Paid PSF
  •  Escalation Clause
  •  Termination Options
  •  Security Deposit
  •  Penalty Fees If Any
  •  Renewal Options
  •  Contraction & Expansion Options
(1 comments)

lease: SUCCESS - Jason Tucker Helps GPS Mapping Software Development Company Find Office Space in Farmington Hills, MI - 10/06/09 04:02 AM

In late July 2009, Geographic Information Services, Inc. (GIS), an Alabama based company, retained Jason Tucker as their tenant agent to represent them in a transaction for the lease of office space in the I-275 & I-696 corridor area of Michigan.
The requirement involved reviewing several available suites ranging from 1,000 to 2,000 SQ FT of office, flex and research and development space.  After months of due diligence and negotiations with various landlords, and working in a long-distance capacity, Jason found the ideal space that would allow GIS to grow and expand their presence in the Michigan area.
GIS's new … (1 comments)

lease: SUCCESS - Jason Tucker Helps Software Development Company Find Office Space in Ann Arbor, MI - 10/06/09 03:58 AM

In late January 2009, SimuQuest, Inc., issued the challenge to Jason Tucker to find the perfect office space for their growing company in Ann Arbor, Michigan.
The requirement entailed being in close proximity, walking distance, to the downtown business district of Ann Arbor, Michigan, the space needed to include office furniture, have room to grow, and be affordable.  The search included several available suites ranging from 1,000 to 1,500 SQ FT of office and research and development space.  After months of due diligence and negotiations with various landlords, a lease was signed and SimuQuest moved into their new home in … (5 comments)

lease: SUCCESS - Jason Tucker Helps Networking Integration Company Find Office Space in Novi, MI - 10/06/09 03:42 AM

In mid September 2008, Integrated Communications Services (ICS), retained Jason Tucker as their tenant agent to represent them in a transaction for the lease of office space in the I-275 & I-696 corridor area of Michigan.
The requirement involved reviewing several available suites ranging from 2,000 to 4,000 SQ FT of office, flex and research and development space.  The space required an overhead door for mobile technicians and installation teams.  After months of due diligence and negotiations with various landlords, a lease was signed and ICS moved into their new home in April 2009.
ICS's new address is:
Integrated Communications … (0 comments)

lease: 14,512 Sq Ft - Prime Sublease Space in Southfield, Michigan - 07/24/09 09:14 AM
FOR SUBLEASE
26911 Northwestern Highway, Suite 200Southfield, MI 48034(Download Brochure HERE!)

Property Features:
As exclusive agents, we are pleased to offer the following space for lease:
$17.25 plus Electric (Other building suites currently priced at $17.50/+ electric) Ideal Space For Engineering, Media, or Computer Firms Space is 14,512 SQ FT of Office and is Non Divisible On-Site Management, Restaurant and Sundry Shop Adjacent to Marriot and Marriot Courtyard Hotels Furniture and Built-In Work Stations Available No Annual Expense/Tax Escalation Increases Extraordinary Class "B" Office Building Excellent Access to All Freeways Sublease Expires June 30, 2012 750,000 Total Building SQ FT … (0 comments)

lease: Metro Detroit - Ann Arbor Area - Client Requirement - 20,000 to 40,000 SQ FT Office / R&D - 07/24/09 08:50 AM
Hi everybody!
I represent a client with a need to purchase an office or R&D building, at a distressed price, with the following requirements:
Size:  20,000 40,000 SQ FT building, preferably to accommodate clients own needs Would consider a building up to 40,000 SQ FT + with 20,000 SQ FT available with some tenants in place Type:  Office/R&D Space Timeframe:  6 Months with Occupancy At Closing Location:  Ann Arbor Area 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: … (1 comments)

lease: 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)

lease: How to get the VERY BEST DEAL on your Next Office Lease - 07/13/09 06:13 AM
The past months and years of difficult economic times have taken their toll on the corporate real estate market.  Many brokers are predicting a tough road ahead for landlords who purchased buildings with financial expectations that won't be met.  Discounts can be found for companies of all sizes, in buildings of C, B and A classes (i.e. Good, Better, Best).
Knowing what to look for and how to go about it can save your company thousands to hundreds of thousands of dollars.  Here a few simple guidelines to follow when reviewing your new office lease:
1.) Use a tenant representative broker.Finding … (0 comments)

lease: 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)

lease: CASH IS KING!!! - Unlimited Foreclosure Opportunities in Michigan! - 12/17/08 01:29 AM
This may be a slightly different approach, but it makes sense.
There are so many unbelievable opportunities in the Detroit metro, commercial real estate market, it is simply staggering.  The problem is, no one, has any money.
Here's what I'm looking for:
Out-of-state commercial property buyers Companies looking to expand facilities Investors looking for opportunities at pennies on the dollar Financial institutes looking for solid assets For the time being, the opportunity areas far out weigh the many areas of the Detroit market that are on an upswing.  I'm not sure how long these favorable circumstances will last, so I recommend … (4 comments)

lease: Metro Detroit - Novi Area - Client Requirement - 2,500 to 3,500 SQ FT Office/Flex/Industrial - 12/09/08 11:15 AM
Hi everybody!
I am representing a client looking to lease office/flex/industrial space:
Size:  2,500 to 3,500 SQ FT Type:  Office/Flex/Industrial Space Timeframe:  Immediate Location:  Novi/Farmington Hills/Livonia/I-275/696/M-5 Corridor 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
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lease: Enhance Your Luck - 12/02/08 04:47 AM
By Jon Gordon

"Do you feel lucky?" It's not just one of my favorite Clint Eastwood quotes, it's also an important question each one of us should ask ourselves. Turns out luck, like much in life, has a lot to do with our beliefs and the energy and attitude we project. The luckier we feel and believe we are, the luckier we are.
A great article in Men's Health Magazine by Matthew Teague, which features the latest research from British psychologist Richard Wiseman, author of the Luck Factor, explains that there is a lot more to luck than coincidence or … (7 comments)

lease: 15,271 Sq Ft – Prime Sublease Space in Auburn Hills, Michigan - 10/23/08 06:20 AM
FOR SUBLEASE
2601 Cambridge CourtAuburn Hills, MI 48326(Downloand The Brochure HERE!)

Property Features:
As exclusive agents, we are pleased to offer the following space for lease:
Premier Class "A" Office Building Beautifully Built Out Medical Office - Can Easily be Converted to General Office Excellent Location along I-75 and University Drive in Auburn Hills, Michigan $16.50/mg (Other suites in the building currently priced at $23.50/+ elec) Up to 15,271 SF Available

For a private showing of this sublease or for more information regarding this property please contact me directly via email at jtucker@newmarkkf.com or my cell phone at 248-431-8138.
Jason Tucker … (0 comments)

lease: 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)

lease: Sale/Leasebacks: A Compelling Capital Source For Corporations - 09/10/08 02:59 AM
By Michael Cantor
In the wake of the home mortgage crisis, the capital markets have been tightening up, even for much less risky corporate borrowers. As corporations pursue sources of capital in today's financial environment, sale/leaseback transactions offer some meaningful advantages. A sale/leaseback is a transaction structure that involves a company selling a real estate asset to an investor in consideration of "leasing back" the facility for a period of time. The current economic climate presents a compelling opportunity for corporations to utilize sale/leasebacks to access capital through the monetization of real estate assets.
Why do corporations enter into sale/leasebacks?
Whether … (0 comments)

lease: Newmark Knight Frank - 5th Largest Commercial Real Estate Firm! - 09/10/08 02:26 AM
Hey everybody!
I thought this was noteworthy.
According to Commercial Property News (CPN), www.cpnonline.com, Newmark Knight Frank is ranked 5th with a transaction volume in 2007 of over $47 Billion.
http://www.newmarkkf.com/mediacenter/inthenews/library/cpn_2008.pdf
To make things more interesting Jones Lang LaSalle gobbled up Staubach, so that sort of puts us in 4th position.
Let's get ready to reenneegootiate!
Regards,
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)

lease: What do you think? - Is now the time? - 06/22/08 07:59 AM
It's a simple question.
Is now the time to invest in Real Estate?
Top athletes know when its time to renegotiate their contracts.  Stock brokers know the best time to buy quality stocks.  Oil companies know the best time to tighten the surplus and raise prices.  Gold refineries know the best time to buy used gold.  and the best poker player knows when to push all in... Think about it.  Now is the time to invest in Real Estate.  Is it really going to get worse or are there bountiful opportunities right in front of your very eyes?
I believe we're … (10 comments)

lease: Thoughts Over Won Ton Soup - 06/13/08 09:46 AM
Well, it's the end of the second week in my new office and this afternoon I'm doing a bit of reflecting.  It's been a whirlwind, getting back into the groove, the many things I've accomplished in such a short period of time, juggling pretty much everything.  But I'm not complaining and I'm loving every minute of it!
Lets see?  Here's a pretty good list of what I've done:
On the first hour of the first day I attended a 1-hour Continued Education Training course on LEED Accreditation and Green Buildings.  Then I worked on setting up my office, including getting on … (4 comments)

lease: Relationships Matter - Jason Tucker’s LinkedIn Profile - 06/11/08 05:36 AM
Hello everyone,
You may want to spend some time and make yourself a LinkedIn profile.  This site is by far one of the best professional networking business web sites on the Internet.
http://www.linkedin.com/
Still very much under construction but here's my profile:
http://www.linkedin.com/in/jasontuckerrealtor
LinkedIn's simple philosophy:
Your professional relationships are key to your professional success.LinkedIn's mission is to help you be more effective in your daily work and open doors to opportunities using the professional relationships you already have.
This isn't networking-it's what networking should be.Forget exchanging business cards with acquaintances that don't know your work, or trying to renew professional … (2 comments)

lease: "GREEN" Buildings and Sustainability - What Is It All About and What Does It Mean To Me? - 06/11/08 04:41 AM

Architects draw plans and contractors build buildings, but neither really controls what goes on there. The power of the bank account puts the owner in control of every project. With constantly increasing energy costs along with many other factors more owners are investigating green buildings for themselves.  Green is everywhere today, and is becoming an integral aspect of business strategy, from corporate philosophy to marketing tactics.
A recent national survey of the commercial real estate sector revealed that nearly two-thirds of respondents allocated funds to green initiatives, while the majority said their sustainability investment would increase in 2008. So let's … (0 comments)

 
Jason Tucker

Jason Tucker

Richmond, VA

More about me…

Address: Richmond, VA, 23294

Office: (248) 431-8138

Mobile: (248) 431-8138

Email Me

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.


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