I've written previously about why the true mantra of real estate should be "jobs, jobs, jobs" instead of the old "location, location...". The performance of every property type is dependent on the employment conditions in the local market. Here is an … [Read more...] about Market Selection 101: Go Where the Jobs Are
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Plan for Zero
In a recent American Express Open Forum interview, the noted business guru Jim Collins made a great point about preparing your business for all conditions: "As soon as you can—before you grow really big—your first priority is to have enough cash … [Read more...] about Plan for Zero
Easy Button for my Tax Lawyer
Have you ever had a conversation with a lawyer and wished you didn’t? I have. Stephen Colbert of the Colbert Report on Comedy Central has the perfect solution for those pesky legal questions that the lawyer would rather not answer--especially in … [Read more...] about Easy Button for my Tax Lawyer
Fake Windows for Office Buildings: Cubes with a View
An ongoing challenge in office building management is leasing suites with no windows. Downtown buildings with common walls to adjacent buildings typically have street view windows, but the interior offices have no exterior windows. Below-grade suites … [Read more...] about Fake Windows for Office Buildings: Cubes with a View
New ADA Regs Affect All CRE Owners
New ADA (Americans with Disabilities Act) regulations will take effect March 15, 2012. I've been meaning to write about this topic for some time. Most (close to 100%) of the commercial real estate owners I mention this to are completely unaware that … [Read more...] about New ADA Regs Affect All CRE Owners