michigan: Newmark Knight Frank - Detroit Office Market Report - 1Q10 - 06/22/10 07:00 AM

Weakening conditions prevailed in the Detroit office market during the first quarter as the vacancy rate rose to 24.7% from 24.2% in the fourth quarter of 2009.  The vacancy rate has remained above 20.0% for over three years.  Total net absorption was negative for the ninth consecutive quarter as 418,407 square feet were returned to the market.
Average asking rents declined slightly in the first quarter to $19.63/sf from $19.67/sf in the fourth quarter and were down 1.7% from $19.97/sf reported one year ago.  Rents have declined 15.3% from $22.63/sf, the peak during the fourth quarter of 2000.
In the … (0 comments)

michigan: 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)

michigan: 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)

michigan: 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)

michigan: 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)

michigan: Newmark Knight Frank - Detroit INDUSTRIAL Market Report - 2Q09 - 10/01/09 06:55 AM

During the second quarter of 2009, the Detroit industrial market continued to weaken.  The third consecutive quarter of negative net absorption has added 7.3 million square feet of space to the market, 5.1 million square feet of which have been added in 2009.  The vacancy rate increased to 18.0%, its highest level on record, from 17.1% in the previous quarter.  The average asking rental rate fell in the second quarter to $4.25/sf from $4.37/sf reported during the first quarter, and is down 4.0% from $4.43/sf over the last year.  Rents have declined 23.9% from $5.59/sf, the peak during the third … (0 comments)

michigan: Newmark Knight Frank - Detroit OFFICE Market Report - 2Q09 - 10/01/09 06:41 AM

A slight reprieve was seen in the Detroit office market in the second quarter of 2009. After six consecutive quarters of negative absorption, 69,244 square feet of space was removed from the market as the vacancy rate held at 22.5% from the first quarter. The vacancy rate is up from 21.5% one year ago and has remained above 20.0% for the past three years. The average asking rental rate fell in the second quarter to $19.75/sf from $19.90/sf at the end of the first quarter, and is down 2.4% from $20.24/sf over the last year. Rents have declined 12.6% from … (0 comments)

michigan: Verify Any Michigan License Here! - 09/30/09 05:59 PM
Use the license search feature, https://www2.dleg.state.mi.us/colaLicVerify/, on the Department of Energy, Labor and Economic Growth's section of www.michigan.gov to verify any Michigan license.  You can search for many different licenses, including: 
Accountants or Architects Professional Engineers, Investigators, or Surveyors Real Estate Sales & Real Estate Appraisers Residential Builders And many more... It's better to be safe than sorry!
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
(3 comments)

michigan: Make Sure Your Michigan Mover Has A License! - 09/30/09 05:34 PM
If you're planning to hire a moving company to move you within the state of Michigan, make sure the company you choose has a license from the Michigan Public Service Commission (MPSC). Recent changes in state law now require all intrastate household goods movers to have a license or "operating authority" from the MPSC. An intrastate mover is defined as one that operates only within the state. You can tell if an operator is licensed by looking for the required MPSC numbers and current year decal on the side of the truck's cab.
The new state law has a number of … (2 comments)

michigan: NEW & FREE Real Estate Networking Web Site! - 09/29/09 03:17 AM
Hi everyone!  I found a new real estate networking site that looks pretty good - www.BrokerAgentSocial.com.  They don't have the same point structure that ActiveRain has but anyway to get the word out is good.
http://www.brokeragentsocial.com/JasonTucker/
If you join please add me as a contact!
Also, let me know if you know of other similar sites.
Thanks Jason!
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
(2 comments)

michigan: 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)

michigan: 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)

michigan: 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)

michigan: 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)

michigan: 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)

michigan: 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)

michigan: 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)

michigan: Has anyone else ever donated blood? - 10/17/08 04:17 AM
Hey everybody!
I wanted to educate everyone on something that I find very rewarding.
When you donate a single unit of blood, you can help save up to three lives. Every 2 seconds someone in the United States needs blood. Donating blood takes less than an hour and is relatively painless. Unfortunately, only 5 percent of the eligible population actually donates. You can donate every 56 days. To donate blood you must be in good health, weigh 110 pounds or more and be at least 17 years old. Blood is needed for emergencies and for people who have cancer, blood disorders, … (0 comments)

michigan: 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)

michigan: Michigan Commerical Space For Flims - 06/25/08 11:46 AM
Hey everybody!  As you may or may not already know, Michigan has passed a film incentive bill to increase movie production in our state.  Well to all the film production companies out there, I'm the guy to talk to if you're location department needs building, factory, office, or warehouse space for shooting.  As with many other states, we have an overabundance of properties on the market and with the right list of requirements I'm sure I could help locate the perfect location for your next film!
2008 Michigan Filming Incentives in a Nutshell
Must spend at least $50,000 in Michigan to … (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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