Commercial Real Estate

Understanding Your Commercial Lease Agreement | Space Planning and the Early Stage Commercial Leasing Process

To get the best deal, have your space meet your needs, and be in the best position to move seamlessly through the commercial leasing process, it is important to plan your commercial space. Today’s post highlights some of those key early stage considerations that will help you optimize the space planning process for your business.

Identify Your Ideal Space

The first step to take once you’ve decided that you’re ready to lease a commercial space is to identify what you type of space you’re looking to lease. A good place to start is to identify the specific use for the space and what space characteristics are required for your business. Make a list of those characteristics that are critical, a list of...

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Commercial Real Estate

Understanding Your Commercial Lease Agreement | The Value of Hiring a Broker

If your business is seriously thinking about leasing new commercial space, you will need to identify the space, negotiate the terms of a deal, enter into a letter of intent, and then negotiate a commercial lease agreement to define your rights in your new space. This process can be complicated, and it can also be relatively simple. Whether it is complex or simple depends on factors such as your intended use, the term of the lease, the size of the space, the availability of space in the market, and other factors. Usually it is somewhere in between. Regardless of the size of your lease, you can benefit from the services of a licensed commercial real estate leasing broker.

A broker can be...

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Commercial Real Estate

Understanding Your Commercial Lease Agreement Series

When starting or expanding your business, you’ll likely be looking at leasing a new commercial space. Some small (and a few large) businesses may go from startup to dissolution without entering into a commercial lease agreement, but the vast majority of businesses will at some point need a place to house employees, store inventory or supplies, and meet with clients and customers.

Indeed, for certain businesses, the location of a commercial space can be one of the most influential factors in their entire business plan; a commercial lease agreement may be one of the largest contracts into which a business will enter.

Understanding what goes into a commercial lease, what landlords want from tenants, and what tenants can expect and should ask...

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Commercial Real Estate

September Market Reports for Greater Seattle Area Real Estate (post 3)

The following article was written by two real estate investment brokers at Kidder Matthews. Jason Rosauer and Rob Anderson (collectively Team Rosauer) lead an investment brokerage team that specializes in property sales of office, industrial, and retail buildings, as well as land development sites throughout the West Coast. They also publish monthly market reports that detail the commercial real estate market in the greater Seattle area. The report offers an inside look at the current real estate trends around Seattle’s neighborhoods and projections for future trends. We’ve broken up the Team Rosauer September Market Report into three posts: the first detailed East King County and Pierce County; the second detailed South King County and Snohomish County; and today’s post (the last in the September Market...

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Commercial Real Estate

September Market Reports for Greater Seattle Area Real Estate (post 2)

The following article was written by two real estate investment brokers at Kidder Matthews. Jason Rosauer and Rob Anderson (collectively Team Rosauer) lead an investment brokerage team that specializes in property sales of office, industrial, and retail buildings, as well as land development sites throughout the West Coast. They also publish monthly market reports that detail the commercial real estate market in the greater Seattle area. The report offers an inside look at the current real estate trends around Seattle’s neighborhoods and projections for future trends. We’ve broken up the Team Rosauer September Market Report into three posts: the first detailed East King County and Pierce County; and today’s post looks at the trends in South King County and Snohomish County.

SOUTH KING COUNTY

INSIDE PERSPECTIVE South King...

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Commercial Real Estate

Amazon Purchases 11 Buildings in South Lake Union

Earlier today, Amazon agreed to purchase 11 builings in South Lake Union for $1.16 billion. Currently, Amazon leases the buildings from Vulcan Real Estate; however, in late August, Vulcan informed Amazon that it would be putting the buildings up for sale.

Amazon has made a $23 million non-refundable deposit for the 1.8 million square feet of office space. The entire deal is expected to close in late 2012. You can learn more about the transaction at The Puget Sound Business Journal.

It will be interesting to see what effect Amazon’s expansion has on the surrounding businesses in South Lake Union. So far, it appears that Amazon’s presence has boosted business in South Lake Union.

...

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Commercial Real Estate

September Market Reports for Greater Seattle Area Real Estate (post 1)

The following article was written by two real estate investment brokers at Kidder Matthews. Jason Rosauer and Rob Anderson (collectively Team Rosauer) lead an investment brokerage team that specializes in property sales of office, industrial, and retail buildings, as well as land development sites throughout the West Coast. They also publish monthly market reports that detail the commercial real estate market in the greater Seattle area. The report offers an inside look at the current real estate trends around Seattle’s neighborhoods and projections for future trends. We’ve broken up the Team Rosauer September Market Report into three posts; the first will look at the trends in East King County and Pierce County.

EAST KING COUNTY

INSIDE PERSPECTIVE—Positive Signs on the Eastside Housing permits in the Puget...

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Commercial Real Estate

August Market Reports for Seattle Commercial Real Estate (post 3)

The following article was written by two real estate investment brokers at Kidder Matthews. Jason Rosauer and Rob Anderson (collectively Team Rosauer) lead an investment brokerage team that specializes in property sales of office, industrial, and retail buildings, as well as land development sites throughout the West Coast. They also publish monthly market reports that detail the commercial real estate market in the greater Seattle area. The report offers an inside look at the current real estate trends around Seattle’s neighborhoods and projections for future trends. We’ve broken up the Team Rosauer August Market Report into three posts; the first looked at the trends in Interbay and Issaquah, the second will explore trends in Lake Union and Mercer Island.

Investment market in...

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Commercial Real Estate

August Market Reports for Seattle Commercial Real Estate (post 2)

The following article was written by two real estate investment brokers at Kidder Matthews. Jason Rosauer and Rob Anderson (collectively Team Rosauer) lead an investment brokerage team that specializes in property sales of office, industrial, and retail buildings, as well as land development sites throughout the West Coast. They also publish monthly market reports that detail the commercial real estate market in the greater Seattle area. The report offers an inside look at the current real estate trends around Seattle’s neighborhoods and projections for future trends. We’ve broken up the Team Rosauer August Market Report into three posts; the first looked at the trends in Interbay and Issaquah, the second will explore trends in Lake Union and Mercer Island.

How will 3...

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Commercial Real Estate

August Market Reports for Seattle Commercial Real Estate (post 1)

The following article was written by two real estate investment brokers at Kidder Matthews. Jason Rosauer and Rob Anderson (collectively Team Rosauer) lead an investment brokerage team that specializes in property sales of office, industrial, and retail buildings, as well as land development sites throughout the West Coast. They also publish monthly market reports that detail the commercial real estate market in the greater Seattle area. The report offers an inside look at the current real estate trends around Seattle’s neighborhoods and projections for future trends. We’ve broken up the Team Rosauer August Market Report into three posts, the first of which looks at the trends in Interbay and Issaquah.

Does Interbay need a Rezone?

Nestled between Magnolia and Queen Anne, Interbay is...

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