IT’S TOO MUCH!
20 years! That’s how long the GTA will have an oversupply of office space, according to an Altus Group report, commissioned by NAIOP. It’s the long-term effect of the hybrid work model (2 or 3 days in the office). Some findings: 🔸️The availability rate rose from about...
Agent? Broker? Realtor?
What’s the difference? I get asked this a lot. REAL ESTATE AGENT: ▪️Also called a salesperson ▪️Must work with a broker to practice ▪️All deals must go through the broker ▪️Represent buyers & sellers & their best interests ▪️Licensed by RECO (Real...
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 ▪️...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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