July 10, 2017 | Sonya Burke

Closings and Changes at Kentlands Square Shopping Center in Gaithersburg (PHOTOS)

Kmart and Payless Shoe stores are closing their doors at the Kentlands Square Shopping Center in Gaithersburg this summer. Sale signs are covering the doors and windows of both stores in the strip shopping center along Kentlands Boulevard. The stores are located in the same plaza as the Giant Food Store, several restaurants, service businesses […]

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June 2, 2017 | Sonya Burke

The Daley at Westside Shady Grove Opens This Weekend (VIDEO)

The Daley, a mixed use building, is opening its doors in the new Westside at Shady Grove Metro community this weekend. EYA Developer McLean Quinn said the building features 333 apartment homes and 17,000 square feet of new retail space along Gramercy Boulevard off of Crabbs Branch Way. “It’s a great new modern building,” said […]

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July 10, 2013 | Gary Edell

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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March 19, 2013 | Gary Edell

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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