Category Archives: landlord

Avoiding Conflicts of Interest

Having previously spent a decade working at “full service” commercial real estate firms, I know the difficultly of trying to represent tenants at a firm that also represents landlords. Inevidably, a representative creates a conflict of interest with either his client or his firm. … Continue reading

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The Tenant Exclusive

To better encapsulate the purpose of this blog, I have changed the name to The Tenant Exclusive. Like with prior articles, the monthly focus of this journal will be to enable facility users to save money, mitigate leasing risk and … Continue reading

Posted in attorney review, audit rights, benchmarking, free rent, landlord, lease negotiation, lease renewal, operating expenses, renegotiation, space measurement, tenant improvements, tenant representation | Leave a comment

Have a Good Relationship With Your Landlord?

Of course you do. Your landlord buys lunch for you and your office now and then. He gives you Redskins tickets (which should be arriving in the mail any day now). He tells you what a smart negotiator you are, … Continue reading

Posted in free rent, landlord, lease liability takeover, lease renewal, operating expenses, renegotiation, snda, sublease, tenant improvements | Leave a comment

You may want space, but you need a process

Have a pending lease decision? You have three choices: (i) go it alone, (ii) rely on some realtor or (iii) hire an experienced tenant representative. Why not go it alone? After all, you’re a successful businessperson and know the “market” … Continue reading

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Why Do Landlords Let Spaces Remain Vacant?

“There’s so much vacant space out there. Why doesn’t the landlord just drop the rate and lease it?” That’s a question I get a lot from clients, particularly in this economy. As a tenant representative, part of my job is … Continue reading

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You’re Not Shopping — You’re Dating

Did you hear the news? Real estate is down. This remarkably incomplete yet reoccurring media story is causing some tenants to believe that they can simply shop their facility requirement (whether it’s a relocation, expansion or consolidation) to area landlords … Continue reading

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Just Want to Renew? It’s Not That Easy.

Your landlord just left you a message—your lease is up soon.It’s the last thing on your mind. You don’t know what your business is going to look like over the next couple of years and the last thing you want … Continue reading

Posted in audit rights, base year, default, landlord, lease negotiation, lease renewal, snda, space measurement, sublease, tenant improvements | Leave a comment

Are You Being Overcharged?

Have you taken a close look at your rent invoice lately? Chances are, if you’re a year or more into your lease (or sublease), you’re being charged “passthroughs” or “additional rent” in addition to a “base rent,” which by itself … Continue reading

Posted in audit rights, base year, capital improvements, landlord, operating expenses, passthroughs, sublease | Leave a comment

What the Commercial Real Estate Bailout Means for Entrepreneurs

On Tuesday, Treasury Secretary Geithner announced that one of the industries eligible for the financial recovery package would be commercial real estate. Why? According to industry trade groups, the problem of nearly $530 billion of commercial mortgages coming due between … Continue reading

Posted in capital markets, default, estoppel, landlord, reits, snda | Leave a comment

Are You Protected From Your Landlord’s Default?

How do you know if your landlord is in trouble and what can you do about it? In 2006, I wrote an article for the Northern Virginia Technology Council’s Business to Government Committee entitled “Interpreting Market Trends.” Below was my … Continue reading

Posted in default, foreclosure, landlord, snda, sublease, tenant improvements | Leave a comment