Insights

Will Amazon Choose Warner Center

At our conference in Paris my ITRA Global affiliates noted somewhat unkindly that California routinely exports perfectly viable companies with great consistency. Why would we innovate a business, see them prosper and then pack them off to North Dakota or some other place that offered them a better tax climate. For starters, the only thing that would actually make California even better would be fewer people; perhaps they should feel free to take someone with them when they leave.

6 Things You Need to Know About the New Accounting Rules

by Carrie Holstead - ITRA Global / Carrie S. Holstead Real Estate Consultants, Inc.

Ready or not, the new lease accounting rules will soon take effect and will result in companies with significant leases appearing asset-rich but also heavily indebted. Here are six things you need to know.

California Supreme Court Case Challenges Ethics of Dual Agency

by Wayne Teig - ITRA Global / Minneapolis, St. Paul

In what could become a precedent-setting case, the California Supreme Court has now heard the oral arguments that will scrutinize the long standing practice of dual agency by real estate firms. The case, Horiike vs. Coldwell Banker Residential Brokerage Company began on September 7th.

Anderson Receives Top Leadership Award from ITRA Global 

by reprinted from CityBizList, May 2016

Debra Stracke Anderson, President of Sloan Street Advisors / ITRA Global, received the 2016 Ronald R. Pollina PhD Leadership Award conferred by ITRA Global, the largest commercial real estate organization devoted to representing corporate tenants and buyers around the world.

Money Talks – But You Need to Know the Language

by Danni Toshack, ITRA Global / ACORPP

Money talks, but sometimes it talks in its own language and you need to be an accountant to understand what’s actually being asked for when it’s time to fund a new lease. Your tenant representative can provide advice and help negotiate these types of tenant costs to a minimum. Here are the most common forms of funds that are requested in the property market.

The Last Minute "Gotcha" 

by Lynn Drake, ITRA Global / Compass Commercial
 

Your business is doing well, and you are happy with your current landlord. You may or may not notice that your lease is expiring in less than a year.

Don't Overpay The Operating & Tax Expense Invoice You Will Receive This Quarter

by Carrie Holstead, ITRA Global / Carrie S. Holstead Real Estate Consultants, Inc.
 

You will soon receive an invoice for operating and tax expense pass throughs which will increase your occupancy cost. Do you know the eight things to look for to assure you are not among the tenants overpaying?

Look Before You Leap Into a Lease

by Lynn Drake, ITRA Global / Compass Commercial

Harvey MacKay, author of the seminal business book, “Swim with the Sharks without Being Eaten Alive” prequel to the reality show, Shark Tank) suggested that entrepreneurs focus their energies on drumming up business and managing staff.

Your Landlord Wants to Relocate Your Offices?

by Lynn Drake, ITRA Global / Compass Commercial

So, your landlord has contacted you about relocating your office, out of the blue. What should you do? I’m not going to mince words here: pull out of the lease right away.

Position Your Company For Today's Soft Real Estate Market

by Ross Selinger, ITRA Global / Selinger Enterprises, Inc.

"It's deja vu all over again"! After a year of positive economic news, the first quarter of 2012 remains a mixed bag of economic news.

Bells & Whistles - You Betcha!

by Lynn Drake, ITRA Global / Compass Commercial, LLC

Talk To Any Child And You Find They Have a Perfect Dream for the Basement Train Set or the Equipment Needed to Have Their WII System Rock Out.

Woman Owned and Strong

by Catie Dixon, Real Estate Bisnow

Being a woman owned company in CRE is rare, but it has its perks, according to Customized Real Estate Services CEO Connie Rankin.

Do You Have an Edifice Complex?

by Lynn Drake, ITRA / Compass Commercial, LLC

New business people, infused with optimism, take delight in buying or leasing a business. They spend big dollars for awnings, neon signs and landscaping, not to mention signing a multiple-year lease. Some people invest their entire pension in a new enterprise with hope it will work.

Pass on the Pass Throughs

by Lynn Drake, ITRA / Compass Commercial, LLC

This tax season you want to evaluate the pass throughs or increases over a base year that your landlord charges you. More than likely you received a bill which shows the actual cost billed less any payments for these costs.

Do You Speak Lease?

by Lynn Drake, President, ITRA / Compass Commercial, LLC.

Some of us speak Greek, Spanish, French or Mandarin in addition to English. We think we can speak real estate, but you had better know someone who can speak fine print or your lease terms could get lost in translation.

A Tenant's Guide for a Successful Lease Renewal

by Mark Twentyman, ITRA / Kingsbridge Realty Advisors, LLC

As your lease expiry date approaches, you will need to decide if you want to remain in your current facility, or move to an alternative location. This article attempts to highlight some of the key issues for consideration in dealing with a lease renewal, so that you can achieve the best possible outcome for your business.