As you might imagine, over the 24 years I’ve owned and operated my Indianapolis based tenant representation firm, CARMEN Commercial Real Estate Services, I’ve had the opportunity to see firsthand the many missteps tenants take with respect to office leases. As a matter of respect to the business community that has provided me with…
When counseling business owners and managers on leasing office space and industrial property in Indianapolis over the past 25 years, since founding CARMEN Commercial Real Estate, one of the most common questions I’ve been asked is: “Does it make sense to buy a building instead of leasing my real estate?” On the surface, the…
My team had a recent experience that provided us with a discouraging view of the commercial real estate brokerage industry. Arthur Rutenberg Homes is a medium-sized Florida-based company that recently opened its first Indiana office. After completing their project, Paul Hanson of Arthur Rutenberg Homes called and wanted to offer a testimonial of the…
As you might imagine, over the 24 years I’ve owned and operated my Indianapolis-based tenant representation firm, CARMEN Commercial Real Estate Services, I’ve had the opportunity to see firsthand the many missteps tenants take with office leases. As a matter of respect to the business community that has provided me with a livelihood during…
Most tenants are unfamiliar with negotiating an office lease renewal. Some may not even realize they have the opportunity to do so! Typically their broker advised them of their current lease, so they are not aware of what terms to negotiate in the first place. With the vast amount of factors involving a renewal,…
“Don’t allow yourself to be backed into a corner.” I’ve repeated this phrase to countless business owners and managers when discussing office lease expiration. I’ve spent much of the past 31 years negotiating office leases on behalf of businesses and consistently the most important thing you can do when negotiating the terms of an…
Whether it is the start of an office lease or a lease renewal, the lease negotiation process is a critical time for determining a successful outcome of the tenant’s lease utilization. The negotiation process offers the opportunity to discuss, negotiate, and agree upon wants and needs with the landlord, in order for the tenant to walk away…
