corporate real estate: Subleases in Plano and Far North Dallas - 06/13/08 07:36 AM
 
We have just added a new page to our website which features listings for the excess space which our clients no longer need.  These properties may be for sublease or sale.  The current inventory includes a 2,226 square foot office condo in Plano near Coit & Legacy, a 1,442 SF retail store in Plano at 15th & Custer and a 2,115 SF class B office space on The Tollway in Far North Dallas.
 
If you know of a company which needs inexpensive space, please go to our website at www.ReataCommercialRealty.com and click on the Properties menu option to see … (0 comments)

corporate real estate: Fame or Friendship - Which Do Clients Value the Most? - 06/01/08 06:44 AM
I came across the following quiz and thought it put things in perspective fairly well.  I don't know who the author of this was, but I like it.  Your thoughts?
Take the following quiz:
1. Name the 5 wealthiest people in the world2. Name the last 5 Heisman trophy winners.3. Name the last 2 winners of the Miss America contest.4. Name 10 people who have won the Nobel or Pulitzer prize.5. Name the last 6 Academy Award winners for best actress.6. Name the last decade's worth of World Series winners.
How did you do?  The point is, none of us remember all the headliners of yesterday. … (3 comments)

corporate real estate: Recapture Clause in Lease Can Kill Business Sale - 05/21/08 02:36 AM
Recapture is a term used for the landlord's right to terminate a tenant's lease for all, or a portion, of the premises in order to prevent a sublease or assignment.
I saw this happen one time on the day before a business sale was expected to close.  It was really the fault of the seller of the business who was the tenant in an office building.  The buyer came to the landlord to let him know of the sale.  The landlord referred the buyer to the sublease and assignment clause of the lease in which all subleases or assignments had to be approved … (5 comments)

corporate real estate: Useable vs. Rentable - What's the Difference? - 05/19/08 09:45 AM
Useable and Rentable are both used to describe the number of square feet (SF) in a lease space.  Useable is the space that is actually available for the tenant to use exclusively.  This is space in which you can put desks, employees, files, conference rooms, merchandise, etc.
Rentable, on the other hand, is the amount of space for which you pay rent.  Shouldn't these two numbers be the same?  Well in a retail space, flex buildings, or office condos, they usually are the same.
But if you are in a multi-tenant office building, you share common areas like restrooms, elevator lobbies, electrical … (0 comments)

 
Bob Gibbons (REATA Commercial Realty, Inc.)

Bob Gibbons

Plano, TX

More about me…

REATA Commercial Realty, Inc.

Address: 2108 Merksem Court, Plano, TX, 75025

Office: (972) 468-1946

Mobile: (972) 984-8580

Anything and everything related to corporate real estate - a company's use of real estate. This is usually a company's lease or purchase of office, warehouse or retail space.


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