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CRE Mistakes: Don’t Fall in Love with a Building while on Tour

This post originally appeared on tBL member Lynn Drake's blog Compass-Commercial Blog | Expert Commercial Leasing Advice and is republished with permission. Find out how to syndicate your content with theBrokerList.

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When looking for space keep your eyes wide open. Put your phone away while doing a walk-through. If the space is an office building and carpets are stained, don’t expect them to be different when you move in. If ceiling tiles are stained, either the landlord didn’t fix the roof, or they did, and they don’t care that the tiles are stained. If, however, a suite you are considering leasing is messy, I would ask to see finished suites. Perhaps the previous tenant left it in that condition.


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Mar 19, 2018Lynn Drake
1 year ago Brokerage Life & LeadershipCompass Commercial ITRA Global, Detroit Michigan, Lynn Drake, Michigan, Tenant Representation, Tenant Representation Best Practices87
Lynn Drake

Lynn Drake's status is well known in the industry: She's the commercial realtor focused on protecting a "true north" for her clients. Lynn’s career has been built on 25 years of commercial real estate experience, which includes 15 years of managing corporate real estate departments. She has completed over 2,500 real estate transactions including office, industrial and retail leases/purchases.

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