McBride Corporate Real Estate, a leading tri-state area commercial real estate brokerage firm, represented McBride Enterprises, its parent company, in the relocation of its office headquarters. McBride Enterprises, a real estate development company, was founded in 1898 in Franklin Lakes,…
COVID-19 has already had major effects on the way people work today, with a significant section of the workforce adopting remote working strategies. And, as the country reopens, we can expect to see major changes for the companies that are…
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…
McBride Corporate Real Estate’s President, Robert T. Tillsley, SIOR, has been elected to serve on the Bergen New Bridge Medical Center Foundation Board of Trustees. Bergen New Bridge Medical Center is NJ’s largest not-for-profit hospital, where they enhance community health…
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…
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,…
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…
You’re two years out from your lease expiration date. That means it’s time to start thinking about next steps. From your vantage point, this might sound like a silly thought: you still have almost forty percent of your lease obligation…
