Archives: 2010 June
The worst mistake businesses make when looking for space…and a few others.
June 30th, 2010, No Comments
An example – ABC company is in a lease with 10,000 SF of office/warehouse space and they need more warehouse area. With no expansion alternatives at their existing location they know they will need to move upon lease expiration. Given that they have no real special requirements, should they start looking at A) 30 days [...]
Have we seen the end of lender funded speculative commercial development?
June 20th, 2010, No Comments
The late 1990’s and especially 2003-2007 experienced an unbridled push of retail, office and industrial speculative development. Lenders were handing out non-recourse money on projects which, to any experienced commercial broker, had little chance of success. The immediate reward of development and loan fees along with short term interest put blinders on banks and investors and [...]
