[Coworking] Lease question!

2012-03-27 Thread Natalie
Hi everyone, Okay, my first post disappeared. I'm not sure why. Apologies in advance if it resurrects itself. I've been reading this forum for a few weeks. It's incredibly informative. Nonetheless, I find myself in a situation, and I can't find an exact answer. My partner and I are about to commi

Re: [Coworking] Lease question!

2012-03-27 Thread Josh Aberson
Yes it's normal as a NNN lease. As a buyer you shouldn't be paying the $3800 for your brokerage fees either, especially when this broker should be answering these questions for you as your representation as opposed to a coworking wiki. Also, you don't need a 5 year lease to make sure your rate d

Re: [Coworking] Lease question!

2012-03-28 Thread David Singer
Natalie & Cody, Are you the only tenant in the building? You're paying $18.24 per square foot in base rent. I don't know how much of the building you're renting -- but my question is whether that's market rate for rent without a base year calculation -- in other words -- lots of commercial leas

Re: [Coworking] Lease question!

2012-03-28 Thread Cody Sullivan
Thanks for all of the help so far. I have a feeling we can make him pay the broker fee if we are subject to an NNN lease. I'm wondering if such a lease is bad, since it is a small property that doesn't share its space with anyone. Doesn't it make it more transparent? I suppose it makes taxes mor

Re: [Coworking] Lease question!

2012-03-29 Thread Cody Sullivan
For some reason, my responses refuse to show up in this group. It's very frustrating. So, I'll keep it brief and just thank everyone for their input. If my responses start showing up, I'll post some updates or get my partner Natalie to post them. Thanks again! On Tuesday, March 27, 2012 5:47:35