Edell’s Premises

July 10, 2013 | Gary Edell

Flex Building

Commercial Real Estate – Rent Formats

When looking to lease commercial real estate, you will be confronted with a variety of rent formats depending on the type of space you are trying to find.  The options include full service, industrial gross, modified gross, net of utilities or some other expense and triple net, also shown as NNN for those that typically […]

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May 10, 2013 | Gary Edell

photo three Irvington Centre office building in Rockville

Evaluating Your CRE Requirements

The previous edition of Edell’s Premises addressed a general timeline to complete the evaluation and possible relocation of your current office, retail, flex or warehouse facility.  There are several facets of the relocation process that you should consider as you approach the evaluation of your commercial real estate requirements. 1) Economics – What can your […]

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March 19, 2013 | Gary Edell

Open Office Space Design

Don’t Wait Until Your Lease Expiration is Staring You in the Face

Dealing with your expiring office, retail, warehouse or flex space lease can be a stressful and aggravating process, especially if you wait until the last 2 -3 months of the lease term to address the issue.  Ideally, a tenant should begin to evaluate their situation about 12 months prior to the lease termination date; for […]

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March 4, 2013 | Gary Edell

photo two Irvington Centre office building in Rockville, MD

There Are Great CRE Deals, But No Free Lunches

As was discussed in the last edition of Edell’s Premises, the deals are great for office tenants looking to renew or relocate, but tenants need to make sure that your financial house is in order.  Landlords have learned from previous experiences that attracting tenants with aggressive concession packages and affordable occupancy costs does not ensure […]

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February 15, 2013 | Gary Edell

Bethesda Office Buildings

Tenants Are Missing The Party

Where are all the office tenants?  They are missing the party and who wants to miss a party?  At the present time the Montgomery County office space market is experiencing one of the best tenant environments in the last 20 years.  With a county wide vacancy rate of 14% for office space and an anemic […]

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February 11, 2013 | Gary Edell

photo of Gary Edell

Welcome to Edell’s Premises

Commercial real estate covers any property from which a business can operate.  Typically that includes office buildings, retail space (strip centers, neighborhood centers, power centers ( think Milestone in Germantown or Rio at Washingtonian in Gaithersburg), shopping malls, 1st floor space of office and apartment buildings, and the occasional kiosk in the middle of a […]

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