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NJBIZ Honors McBride Corporate Real Estate’s President, Robert Tillsley with 2021 ICON Award

McBride Corporate Real Estate, a leading tri-state area commercial real estate brokerage firm, has announced that Robert Tillsley has been selected as one of the 2021 NJBIZ ICON Honorees. The prestigious recognition acknowledges business leaders for their contributions, success and leadership. Robert joins an esteemed group of NJ business leaders

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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 your purposes. As a tenant, you stand in a position

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The Disadvantages in Sale-Leasebacks

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 entering into a situation such as this. A small aside;

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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 to occur, both the seller and the buyer need to

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Sale-Leasebacks: How Does the Seller Benefit?

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 of a four-part series that explores its advantages and disadvantages.

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James McNerney promoted to Senior Vice President

We are pleased to announce the promotion of James McNerney to Senior Vice President. In this role, James is responsible for the sale, leasing and investment aspects of the commercial real estate business. During his tenure with McBride, James and his team have built an extensive, diverse client base, completed

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