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businessmen shaking hands

McBride Corporate Real Estate Represents McBride Enterprises in Transition to New Corporate Headquarters Space

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, NJ, a town they were instrumental in developing. Recognizing a

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Open Space Office Plan

The End of Open Space Planning?

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 in point: the great experiment in open office space. Once

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President, Robert T. Tillsley, SIOR, Named to Bergen New Bridge Medical Center Foundation Board of Trustees

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 and well-being by providing high-quality, compassionate care that is accessible

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close up of a lease agreement

Vulture Clause

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 can do one of a few things: renew it, move,

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coronavirus graphic

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, I know that it’s a difficult thing to do, but

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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 here are changes that are taking place on a more

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My Lease Expires in 24 Months. What Should I be Thinking About Now?

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 remaining. Why should you be planning this far ahead? The

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