The Tenant’s Edge Blog

Infographic: Creating your baseline for industrial space

Posted at Jun 26, 2017 6:30:00 AM in Lease Clauses, Lease Negotiation, Saving Money

If a structural beam falls in a warehouse and no one is there to hear it, does it still make a sound?

OH. YES. IT. DOES.

$$CHA-CHING$$. Did you hear that? That's the sound of your money going straight to your landlord's bank. Let me explain...

...

Read More

You Are The Prize: Understanding That The Rent You Pay Determines Building Value

Posted at Jun 14, 2017 10:00:00 AM in Lease Negotiation, Value

“The value of a building is based almost completely on the cash stream, which comes from a tenant like you paying rent every month. Without steady cash flow, the building is just an empty box with limited value as real estate.”

In other words,...

Read More

The Surrender Clause: How to Surrender and Win

Posted at May 16, 2017 9:44:44 PM in Lease Clauses, Saving Money

“Mommy’s all right, Daddy’s all right, they just seem a little weirdSurrender, Surrender but don’t give yourself away”

The immortal words of Cheap Trick are words to live by in industrial real estate.

Read More

Industrial Leases: How To Get The Most For Your Money

Posted at Apr 25, 2017 7:00:00 AM in Saving Money

Leasing industrial space is no cheap feat and the longer the lease, the more money that will be committed to rent. The goal of most tenants is to lease a building for the shortest term possible and pay the lowest possible rent. However, short...

Read More

What is a Tenant-Only Advisor & How Can Using One Help You Save Money?

Posted at Mar 21, 2017 4:45:00 AM in Lease Negotiation, Saving Money, Tenant Advisor

If you are leasing industrial space and renewing your lease, considering relocation, or adding an additional location you shouldn’t navigate these waters alone. A tenant-only advisor (broker) is your best advocate for getting the most for your...

Read More

3 Things You Need to Know About Your Landlord's Finances

Posted at Mar 7, 2017 4:40:00 AM in Lease Negotiation, Finances

In lease negotiation, the shortest distance between two points IS NOT a straight line. The name of the game is strategy and leverage is king. 

Read More

4 Things to Consider Before Renewing Your Lease

Posted at Feb 17, 2017 11:48:16 AM in Lease Clauses, Hidden Fees

If your industrial space is working well for you, the simplest thing to do is to renew your lease. While it can be tempting to resign your lease under the same terms as the original, there are some things you should consider before you re-up.

Read More

3 Things You Need to Know About the Damage and Destruction Clause

Posted at Jan 5, 2017 9:44:25 AM in Lease Clauses, Negotiation

No one likes to think about what would happen if a fire destroyed part of their distribution center or manufacturing plant. In fact, in many industrial lease negotiations, both landlords and tenants are reluctant to agree to any defined course of...

Read More

The Roof is on Fire, Who's Paying? Understanding the Roof and Structure Clause

Posted at Nov 8, 2016 10:24:00 AM in Lease Clauses, Lease Negotiation

If your company leases distribution or manufacturing buildings, you are probably familiar with what is known as a “roof and structure” clause. This is a lease clause that puts the responsibility to maintain and/or replace the building’s roof...

Read More

The Panama Canal Expansion Changing Markets in the US

Posted at Sep 30, 2016 9:10:00 AM in Expanding Industrial Markets
In 1904, the US broke ground for the construction of one of the greatest engineering marvels of the 20th century, the Panama Canal. 56,000 workers spent almost ten years excavating over 240 million cubic meters of dirt and rock, this was simply... Read More