Nov 12, 2016 | Exis Global
“A budget tells us what we can’t afford but it doesn’t keep us from buying it.” – William Feather Building out new office space can be somewhat akin to buying a new car. We have all walked into a car dealership with a firm budget in mind...
Nov 12, 2016 | Exis Global
Tenants spend a lot of time trying to find the right location for their business. They visit numerous buildings; test fit the spaces for efficiency and suitability and go back and forth on negotiations with the landlord over the economic terms. However, the tenant...
Nov 12, 2016 | Exis Global
A tenant came to us recently asking for help. They were involved in a transaction with another broker and were concerned about the objectivity of the advice they were getting. The tenant was looking for about 50,000sf of space and was considering a building that was a...
Nov 12, 2016 | Exis Global
Every now and then, someone who hasn’t worked with us previously will ask: But, if my landlord doesn’t have to pay a broker, won’t he give me a better deal? Let’s just make believe for a moment that landlords don’t pay other entities (both in-house and third party)...
Nov 12, 2016 | Exis Global
During the lease term, landlords will send seemingly benign notices to tenants, often through their property managers. Much like with the operating expense and tax reconciliation statements that we discussed previously, these notices require professional scrutiny....
Nov 12, 2016 | Exis Global
Something happens to us when we are offered something for free: our brains shut down. Free is irresistibly seductive. It is a source of irrational excitement. Witness people who grab coupons offering a free trinket that they have no need for. And people who return to...
