All Forum Posts by: Tommy Ciccarone

In reading and discussing I am hearing different opinions on real estate sector that will be hurt the most? Retail / Office / Industrial/ Multi Family

Our firm has been a part of a lot of discussion this week. We seeing multiple ways Landlords are working with tenants. Please reach out for ideas.

NNN stands for net, net, net. These pass through expenses of leasing are portions tenants or lessees pay in addition to the lease fee, or rent to the landlord or lessor. The NNN fees are property taxes, property insurance and common area maintenance.

Do you see Management Fees included? When should these be reconciled and out to tenants?

@John Neff Great Rich Slowly, Invest in Real Estate

I am an avid real estate book reader. I am always open to hear more, specially regarding Commercial Real Estate. Below are some great ones that I’ve read:

The World’s Richest Man

This is about Jerry Wollman, a great developer whose life and real estate experiences will leave some insight.

Get Rich Slowly...Invest in Real Estate

Short read but pound for pound incredible insights

Commercial Real Estate Power Broker’s

Great read on multiple brokers insights into their success and failures in brokerage

@Bob Langworthy

Laser Tag is incredible great point

Our firm does quite a bit of work in the retail world in North East. More and more Experience Driven Retail is taking over...

Top Golf

Axe Throwing

Toy stores with birthday parties

Cigar lounges

Cafe with kids play ground

If you think retail is dead it’s not, just changed

@Bill Brandt

I was doing a poor job of explaining something we see in the market. We are hoping to do a better job of letting tenants know of the service. The market is the market so trying to collect more on top of rent doesn’t work. Most good landlords have commissions accounted for in their budgets.

@M'TRE Teifke

Apologies my statement was that we are trying to make sure tenants are aware this is a service provider and landlords will pay

We finding more and more that tenants feel like they might have to pay for a Tenant Representation. We are continually explaining this as well as the benefits...