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Why Landlords Want to Hang onto Their Tenants

Author: Robert T. Tillsley, SIOR

Why Landlords Want to Hang onto Their Tenants

“Knowledge is power.” Those words coined by Francis Bacon in 1597 still ring true today—particularly when it comes to deciding whether to renew your lease or move on. Let’s assume for this exercise that your current space is functional for

What’s transpired in medical offices since the Covid outbreak?

stethoscope sitting on top of medical papers

So much has changed in the last year. As I write this today, I find it hard to remember a time when I took a carefree trip to the grocery store or a restaurant—maskless and without a hand-held sanitizer in

The Disadvantages in Sale-Leasebacks

man in a button-up shirt writes on papers with a black pen

The past two articles I’ve written have talked about many of the advantages of participating in a sale-leaseback transaction. As with all things that have positive aspects, there are also some negative implications that one should be aware of before

Sale-Leasebacks: What’s in it for the Buyer?

Last month, we introduced you to the concept of a sale-leaseback, which occurs when the owner of a building sells a property they currently occupy to an investor, then leases that space for an extended period. For a successful sale-leaseback

Sale-Leasebacks: How Does the Seller Benefit?

Business man in white shirt leaning onto table with pen in hand

Sale-leaseback transactions have experienced record activity in recent years. But what exactly is a sale-leaseback—and what’s the draw? Sale-leasebacks are multi-faceted and involve a myriad of intricacies. Today we will delve into this complex but important topic in the first

McBride Corporate Real Estate Represents DialAmerica in the Lease of a 24,000 sq ft Space to Valley Health

Two business men in an office building shaking hands

McBride Corporate Real Estate, a leading tri-state area commercial real estate brokerage firm, represented DialAmerica in the lease of a 24,000 sq ft space to Valley Health in its Mahwah, N.J. corporate headquarters location. A division of Valley Hospital, the

The End of Open Space Planning?

Open Space Office Plan

A few months ago, pre-pandemic, I wrote an article about some of the changes we’ve seen—and, at the time, expected to see—in office space. That was mid-March. In only a few short months, so much has changed—and profoundly so. Case

Vulture Clause

close up of a lease agreement

This article is the first in a series that helps to define terms used in commercial real estate and concepts that a lessee, buyer, seller or landlord may come across during a transaction. If a lease is expiring, a tenant

An Update from McBride on COVID-19

To all our friends, clients, and followers, We hope this finds you well. During this difficult time, we all need to stay strong and follow the rules and regulations promulgated by the authorities. Having had this virus in my home,

How is the Commercial Real Estate Office Market Changing?

Recently, I’ve been giving some thought to many of the changes that have been taking place in the office market. I’m not talking about rental rates, trending vacancy tables or even projected algorithmic operating pass-throughs. No, what I’m referring to

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