HM Blog
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How to Avoid Costly Lease Mistakes with Trusted Negotiation Specialists
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Commercial lease negotiations can make or break your business’s financial health. Without proper expertise, tenants often fall victim to hidden fees, unfavorable terms and costly oversights that drain resources for years. The average commercial lease contains dozens of complex clauses that can trigger unexpected expenses, from uncapped rent escalations to ambiguous maintenance responsibilities. By partnering
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Finding the best deal when leasing commercial real estate demands strategy. You might be a poker player who knows how to hold your cards close to your vest. Or, you may be something of a chess master, always thinking three steps ahead. Those strategies are key-but neither is more important than knowing how to read “leasing microclimates.”
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Virtual and augmented reality, once pipe-dreams of sci-fi enthusiasts, are now officially part of our generation’s reality. Every year computing power increases exponentially, allowing technological developments like the ability to visualize data in ways never before imagined. Most industries have always been limited by 2D digital representations, but will soon be irrevocably affected by the new horizon of interactive, 3D…
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As a commercial real estate broker, sometimes I feel like I am haggling over pennies. When rental rates are quoted on a monthly basis, we can be negotiating for days over $.05 per square foot! Are we crazy? Is this sheer lunacy? It sure doesn’t sound like a lot of money when it is put in these terms. But it…
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In the 2010 movie “Knight and Day” starring Tom Cruise and Cameron Diaz, one of the most memorable scenes is when Tom Cruise’s character tells Cameron Diaz’s character that her life expectancy is much higher with him than without him. Cruise uses his hand and sharply cuts the air in front of her at her waist level saying “without me”…
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Recently I had the honor of serving on a CLE panel for the Orange County Bar Association alongside fellow attorney David Wensley, managing partner at Cox, Castle & Nicholson, and my colleague at Hughes Marino, commercial real estate broker Tucker Hughes. We were invited to speak to the audience of 50+ attorneys regarding various issues in the current – and…
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It should come as no surprise that the internet is one of the most widely used tools for searching for real estate. Companies like Zillow have secured real estate’s foothold on internet search patterns and consumers are usually better off for it. What is less understood is how companies use the internet to aid them in their corporate real estate…
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Since 2008 the conversations taking place in economics, politics, and media have primarily focused on the global recession and, more specifically, dismal unemployment rates. For this reason it can be difficult to think about signs pointing to an approaching workforce deficit as an actual concern. However, organizations from Stanford University to Kelly Services all agree that the data suggest highly…
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For over a century, commercial real estate brokers have had their familiar “For Lease” signs on buildings, marketing vacant space for building owners. Even deeper in their service offering to landlords, these firms manage the buildings, help with financing, co-invest in the real estate (and often own the real estate themselves) and advise property owners in the purchasing and selling…
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Our business is built on relationships, and quality relationships are built on trust. So how do we earn someone’s trust? Not by bartering favors. A transactional relationship is based on an expectation that a favor will be returned in kind. Quid pro quo. I scratch your back and you scratch mine. In this model, if I don’t think you are…