by Jonathan Gorenstein | Aug 1, 2023 | Commercial Real Estate, Did You Know?
Being in sales, functioning at maximum capacity on the road, in the office and with clients is a must. I don’t get much sleep. Never have. But instead of figuring it out, I rely on lots of activity at work and at home to get me to my pillow. According to the...
by Jonathan Gorenstein | Jul 21, 2023 | Commercial Real Estate, Did You Know?
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...
by Jonathan Gorenstein | Mar 27, 2023 | Commercial Real Estate, Customer Service, Did You Know?
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...
by Jonathan Gorenstein | Mar 3, 2023 | Commercial Real Estate, Did You Know?, Q & A
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...
by Jonathan Gorenstein | Mar 1, 2023 | Commercial Real Estate, Customer Service, Did You Know?, Properties
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...
by Jonathan Gorenstein | Feb 25, 2023 | Commercial Real Estate, Customer Service, Did You Know?
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 ▪️...