Learn Commercial Real Estate Commercial Leasing It is a new week with new possibility, and the opportunities are yours. We are going to continue with the retail gems. Here are some good news. Most of you know last spring I was contacted by The Office of Economic Development in San Francisco. They were working with The Black Chamber of Commerce in San Francisco leading an effort to keep black owned businesses from shutting down, being evicted, and helping business owners find new business space. One of those businesses was Yes' Pudding a local business owned by Quanishia Johnson. Her story is amazing and so is the delicious sweet and savory treats she offers. The reason why this deal was so important...
Learn Commercial Real Estate Commercial Leasing It is the middle of the week with wonderful opportunity ahead of you. We took a couple of weeks off to regroup and now we are back. We had a request from several superstars in our community on helping Cafe and Lounge owners with their business space needs. I decided to revamp the Restaurant / Cafe / Bar series we did last June. It is really so wonderful to be rocking with you all for so long. Before we get into the good stuff. I would like you to stay encouraged during the holiday season. Deals may slow down a bit, as people focus more on the holiday. Just keep going. As the...
Learn Commercial Real Estate Commercial Leasing Happy new week! This week we are covering Tenant Improvement Allowances. AKA Tenant Improvements = TI OR TA ( I use TI) A Tenant Improvement Allowance is money provided by a Landlord to a Tenant to help pay for improvements needed in their new business space. It may also cover expenses associated with getting started in the new space. It is usually expressed in a per-square-foot or total dollar sum. The specific Tenant Improvement request begins in the Letter of Intent. Tenant Improvements will be negotiated and solidified during Lease Negotiations. Tenant Improvements are a big part of commercial leasing. As either a Landlord Rep or Tenant Rep, understanding Tenant Improvements can literally change...
Learn Commercial Real Estate Empower Yourself Commercial Leasing I hope you have had a great week. It is so exciting to see so many of you using your skills and ability to help your clients achieve their dreams. Working in real estate can be challenging it is certainly not an easy business, and commercial real estate can be even tougher. Knowing the definition of key words often in commercial real estate can give you more confidence and solution finding opportunities. These are some common words and definitions you should know. A big announcement: The Learn Commercial Real Estate Wealth Builders Membership will be re-opening in October 2021 for a short window of time. Membership will be $249- $549...
