Aug 11, 2015
A: Share with your broker all the details of your budget and your office preferences. If you’re willing to be flexible, say, being a block off a major thoroughfare, or looking at office space vacated by another tenant that may not require expensive finish out, you...
Aug 11, 2015
A: Many property owners shy away from tenants who have a large number of visitors or clients. There are many that would welcome you as a tenant. It’s the job of your broker to find good options and educate the property owners on the benefits of having your...
Aug 11, 2015
A: The first step is finding a broker who understands your unique needs. The second step is to outline and brainstorm all of your organization’s needs with your broker - now and what you perceive your needs over time. With a thorough understanding of the strategic...
Aug 11, 2015
A: Your executive director or chief executive should certainly be actively involved in making real estate decisions. However, they should have outside counsel that locates and evaluates real estate everyday - not once every few years. Making crucial real estate...
Aug 11, 2015
A: There are many issues involved in accepting a gift of real estate. Due diligence prior to accepting the gift can ensure that the organization both benefits from the gift and limits liability in accepting it. Solender/Hall has developed a policy for not-for-profit...
