“A river cuts through rock, not because of its power, but because of its persistence.”
The Holy City has done it again! For the second consecutive year, Charleston has been chosen as the “Top City in the United States and Canada” by Travel + Leisure’s readers. Just as impressive, the city was also picked as the second best in the world. Read More
TINA Stephens™ announced the opening of its newest retail location
First you RECOGNIZE you need a professional. It may hit you like a ton of bricks or it may have taken you years with no results to arrive at this decision. You may be a Landlord who needs to lease vacant space or sell a property, or a Tenant interested in a new location or a renewal of a current one. The good news is you’ve completed the hardest part!
Doesn’t matter how you got here, it only matters that you have (or almost have). Check that off your list and move to the easy part. Second step is
Let’s begin with the Landlord and the question “What is a Landlord?”.
Landlord, most simply, is the one who receives rent. The Landlord can be an individual person like my Mom, or it can be a global investor like http://www.blackstone.com/. You may deal directly with my Mom, or the regional manager of the local company or a fund (group of investors) that may own the property. Regardless of who you deal with as the Landlord (and don’t underestimate Mom), they are in the role to manage and increase the value of the property. This is very important to be aware of because it creates adverse position to that of a Tenant. Exactly what the Landlord bargains to provide to the Tenant will vary based on multiple factors, but for now lets stick to a suburban retail shopping center building as the property the Tenant would like to Lease. In our Shopping Center, let’s call it “Charleston Square,” the Landlord provides