Commercial real estate brokerage has been infused with a change of ingredients in recent years. Specifically, the traditional method of compensating brokers by commissions has begun to weaken. Other methods of compensation - such as retainers...
One of the tricks, says Allied-Spectaguard's Jim Joly, is to keep a center secure while removing the armed-camp veneer. "We've gotten away from the cops and robbers mentality," says the Boston-based vice president of mall services...
Few boilerplate lease provisions arouse retail tenants' concerns as much as relocation clauses. Even for tenants making few changes to draft leases from landlords, one change often will be crossing out any relocation clause altogether. This...
As you enter Atlanta-based Jacoby Development Inc.'s (JDI) 12th-floor suite, you are immediately aware of the company's environmental focus. In its lobby, a picture hangs of a dolphin jumping out of clear blue water. Further into the lobby is an...
Understandably, you're excited about your new project. The financing is in place, and all the zoning and other governmental agency problems are resolved. You have even selected an architect and may be ready to put the project out to bid or select...
In the 1990s, dry cleaners became the retail tenants landlords loved to hate. And for good reason: research showed that perchloroethylene, the primary solvent used by the dry cleaning industry, was a dangerous contaminant. Though solvents used by...
Over the past decade, shopping center owners have viewed management fees as an important new source of CAM revenue. Although management fees can quickly raise millions of dollars, this solution to a landlord's cost problems may end up to be too...
Tenants pay rent with the expectation that they will be able to occupy and use a space for the term of the lease. But sometimes events occur that interfere with a tenant's ability to use its space. One such event is a utility interruption. Should...
entertainment-enhanced real estate has fast become the solution to aging malls and urban centers and an attractive alternative to traditional mixed-use developments. Retail entertainment centers have mushroomed - from 7.5 million sq. ft. in 1995...
That compelling statistic commands attention among real estate professionals in the sale-leaseback arena, particularly in light of corporate America's increasing desire to free up its balance sheet and focus on core competencies...
