Q & A: What’s included in TMI?
A triple-net lease, often used with single-user industrial facilities, means that the tenant pays “TMI” – taxes, maintenance, and property insurance. The tenant is also responsible for all costs associated with their occupancy, including: ▪️personal...
Q & A: When does a lawyer get involved in a transaction?
Property owners, buyers and developers should consult a commercial real estate lawyer: a. When handling issues with zoning (rezoning, applications, appeals, hearings) and more. b. Before purchasing a property, as part of their due diligence. Simple or complex. There’s...
Q & A: What are RED FLAGS in a transaction?
It’s a great property. All parties are ready to sign the commercial/industrial lease. But something doesn’t look or feel right. What red flags have you seen? Other warning signs include: ▪️ Landlord’s financial struggles ▪️ Projections are too good to be true ▪️...
PAST TO PRESENT
I was reading some unbelievable CRE stats. According to Deloitte Insights in 2019, “Industrial real estate demand [was] expected to increase by 850 million SF, to 14.8 billion SF by 2023 [and] double-digit growth in e-commerce sales [was going to] drive demand for...
WORLD PHOTOGRAPHY DAY & CASUAL FRIDAY
Is casual Friday still a thing? Seems everyone is casual 24/7 these days. And it’s also World Photography Day. Not sure who thinks up these dates, but sure why not participate. On Fridays, clients typically check in with me. Explore options. Revisit past requests....Warning: implode(): Invalid arguments passed in /home/customer/www/jonathangorenstein.com/public_html/wp-content/plugins/facebook-pagelike-widget/fb_class.php on line 44
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