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Articles from Patrick Oconnor | Selfgrowth.com
- Leasing Office Space - Letter of Intent - by Submitted on Sep 28, 2011 from Patrick OconnorOnline In most cases, the information from the services will adequately address the issue of criminal activity near the office space you're considering. However, the most current and contextual data you'll be able to obtain is from tenants at the property and local police officers. Speak ...
Views: 4491 - Leasing Office Space - Letter of Intent - by Submitted on Nov 02, 2011 from Patrick OconnorOnline In most cases, the information from the services will adequately address the issue of criminal activity near the office space you're considering. However, the most current and contextual data you'll be able to obtain is from tenants at the property and local police officers. Speak ...
Views: 3077 - Leasing Retail Space - Negotiating the Right Deal - by Submitted on Jun 10, 2011 from Patrick OconnorLetter of Intent (LOI) Retail space negotiations are complicated and time-consuming. Once you have located the retail space which is ideal for your business, the next step is to negotiate an agreement which protects you and is acceptable to the landlord. Industry practice for retail space is to ...
Views: 1975 - Leasing Office Space - Tenant Improvement - by Submitted on Jul 13, 2011 from Patrick OconnorWill the Landlord Pay? The landlord is usually willing to fund tenant improvement expenditures provided he is confident the tenant has the financial capacity to pay rent for the term of the lease. For large companies with strong balance sheets, landlords will generally spend as much as is ...
Views: 1949 - Leasing Retail Space - Evaluating Retail Space - by Submitted on Feb 22, 2012 from Patrick OconnorDue Diligence The previous sections of leasing retail space addressed selecting the general location, selecting the type of retail space and the sighting how to find your retail space. The next several parts will address issues to consider when evaluating a specific retail space ...
Views: 1303 - Leasing Retail Space - Using a Broker - by Submitted on Apr 09, 2012 from Patrick OconnorTenant Rep Brokers Tenant rep brokers are a great option for your retail space search. Their fee is paid by the landlord in most markets. They are retail space experts. Every day, they work on finding and negotiating agreements regarding retail space. Even if you started the retail space ...
Views: 1226 - Leasing Office Space - Budget and Expectations - by Submitted on Apr 20, 2012 from Patrick OconnorDefine Budget and Expectations Define the building quality, price per square foot and total monthly budget for office space. The office space broker will advise you if your expectations are on realistic. Visit with the tenant rep broker to make sure the amount of office space you are seeking ...
Views: 1196 - Leasing Retail Space - Foreclosures and Lease Cancellations - by Submitted on Apr 30, 2012 from Patrick OconnorIn Event of Foreclosure Foreclosure of a mortgage typically extinguishes all claims to the property. In other words, if you've negotiated a lease and started a business, your right to use the retail space is terminated by foreclosure unless there is a separate agreement. Will Lender ...
Views: 1182(1 vote) - Fort Worth Retail Space Leasing - by Submitted on Sep 18, 2011 from Patrick OconnorFort Worth retail space rental and lease data can help retail space owners to increase revenue, vendors to increase sales and provide a variety of industry personnel with data and reports to facilitate decision-making and communication. Retail center owners can review rental rates for nearby ...
Views: 1139 - Dallas Industrial Space Leasing and Rental Data - by Submitted on Dec 04, 2011 from Patrick OconnorDallas industrial space leasing and rental data can help industrial space owners to increase revenue, vendors to increase sales and provide a variety of industry personnel with data and reports to facilitate decision-making and communication. Vendors to the Dallas industrial space community can ...
Views: 1067 - Leasing Retail Space - Preparing Your Space - by Submitted on Mar 15, 2012 from Patrick OconnorWhen do You Start Paying for Retail Space Tenants are generally provided time to prepare the retail space for occupancy prior to the date when they must begin paying rent. However, in hot markets and for some very desirable properties or spaces, landlords will be able to require that tenants ...
Views: 1058 - Market Study Fundamentals - by Submitted on Aug 09, 2011 from Patrick OconnorMarket studies provide insight into the current and future level of rental rates, occupancy, absorption, construction and demolition within a defined market or submarket. Market studies are performed to evaluate real estate market conditions with regard to an existing or proposed property. The ...
Views: 1033(2 votes) - Leasing Retail Space - Terminating the Lease - by Submitted on Mar 28, 2012 from Patrick OconnorWho Pays When Operating Expenses Increase? Expense escalations are relevant when the landlord is paying a base level of expenses and when the tenant is paying expenses. With a typical gross lease, the landlord pays all expenses and the tenant pays expenses in excess of a base level. (Gross ...
Views: 1025 - Leasing Retail Space - Location Facilities and Future Development - by Submitted on May 23, 2012 from Patrick OconnorParking Research whether the retail space you are considering has adequate parking. Consider both the local Government code and feedback from tenants within the center. Also consider visiting a center four to six times prior to signing a lease. Multiple Visits If you visit the center for ...
Views: 1009(1 vote) - Fort Worth Commercial Property - by Submitted on Nov 18, 2011 from Patrick OconnorOConnorData tracks thousands of Fort Worth commercial properties available on a monthly basis to provide accurate and informative data on the Fort Worth commercial property market. OConnorData tracks properties 10,000 sf and larger and provides free access to search by dozens of ...
Views: 973 - Leasing Office Space - by Submitted on Feb 10, 2012 from Patrick OconnorLeasing office space is time-consuming, complex and can divert attention from the primary functions of the business. Steps in the process of leasing office space include selecting a tenant rep broker, location, researching options, selecting the best options, negotiating the primary business ...
Views: 942 - Real Estate Consulting - by Submitted on Dec 16, 2011 from Patrick OconnorReal estate consulting is sought in many circumstances. It is sometimes utilized to address a specific atypical issue and at other times is utilized to address a routine task that the client prefers to outsource. For example, some apartment developers prefer to outsource the market study once a ...
Views: 938 - Leasing Retail Space - Types of Retail Space - by Submitted on Jan 17, 2012 from Patrick OconnorWhat Type of Retail Space? A great retail space for your business needs to be the right type of space in the right location. The previous portions of this article addressed location. This section will address options for the type of retail space. Impulse versus Destination Some ...
Views: 900 - Fort Worth Office Space Leasing and Rental Data - by Submitted on Jan 30, 2012 from Patrick OconnorFort Worth Area Office leasing and rental data can help office building owners to increase revenue, vendors to increase sales and provide a variety of industry personnel with data and reports to facilitate decision-making and communication. OConnor & Associates provides comprehensive office ...
Views: 891 - San Antonio Office Data - by Submitted on Aug 25, 2011 from Patrick OconnorOfficeLink tracks thousands of data on San Antonio office properties on a monthly basis to provide accurate and informative data on the San Antonio office properties market. OfficeLink tracks properties 10,000 sf and larger and provides free access to search by dozens of fields. Fields of ...
Views: 856 - Leasing Retail Space - Due Diligence Research - by Submitted on Jan 04, 2012 from Patrick OconnorInitial Research Leasing retail space seems like it should be easy. You just drive to shopping centers which are near your house and select one which is convenient for you. Then you call the leasing agent and ask them to send the lease. Then sign the lease, mail it to them and you are in ...
Views: 806 - Houston Office Space Leasing and Rental Data - by Submitted on Sep 11, 2011 from Patrick OconnorHouston office space leasing and rental datacan help office building owners to increase revenue, vendors to increase sales and provide a variety of industry personnel with data and reports to facilitate decision-making and communication. Office center owners can review rental rates for nearby ...
Views: 778 - Fort Worth Retail Lease - by Submitted on Sep 20, 2011 from Patrick OconnorFort Worth Retail lease information is authoritatively cataloged in RetailLink. Free access is provided for all known Fort Worth retail buildings — 10,000 sf and larger — than any other source. Free access includes comprehensive leasing information, detailed information regarding the building ...
Views: 707 - Recent Industrial Sales in Dallas - by Submitted on May 11, 2012 from Patrick OconnorSale of industrial properties recorded significant downward movement compared to last year. In the entire market 73 industrial properties were sold in the month of March 2012. In terms of number of properties sold, industrial sales have decreased by 16% compared to March 2011. Of all the ...
Views: 610(1 vote)