2023

The importance of maintenance contracts

To start off, in most triple net leases, the tenant is responsible to keep the building in a similar condition that they received it in. Once again, the condition report of the building (plumbing, mechanical, electrical, etc.) before moving in is important.  This will help you, as the tenant, to prove that you have maintained the condition of the building.  We understand that there is much...

Should you buy or rent industrial buildings?

This depends on who you ask - the landlord says you should lease, and the contractor says you should build and buy! Here's what we have seen:  Many large companies that we lease to do not own their own building because they receive a better return on their money from their business equipment or from producing their widget than they do from owning a building.  Many large companies...

What are The Right Questions to Ask About The Condition of The Building?

Can a landlord really build in cost effective ways to save tenants money during and at the end of a lease? True Story One of our international clients had an employee from a foreign county that was just learning how to drive.  You might recall when learning to drive that they tell you to keep your heel on the floor to help control the gas pedal more effectively.  Well…….imagine...

Is your landlord flexible like Gumby?

As much as your business requires thoughtful planning, your landlord needs to have a plan for your business. We can probably assume you want to grow your business. Well, what is the plan when you grow out of your space? Your landlord should develop their resources as your business grows too. Is your landlord flexible like Gumby? To be clear, we are not insinuating that they can do the splits like...

6 Key Questions to Ask Yourself Before Committing to a Landlord

Too many business attempt to do a deal without knowing who they are dealing with. As good as the virtual space is, you should always spend some time in person with your landlord. Why you should get to know your landlord in person? Why do businesses still spend thousands of dollars per year on flights to meet people "IN PERSON" instead of doing the deal over the phone or on Skype?  If you are...

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