In Michael Lewis’ book “Moneyball”, which was made into a motion picture, he recounts the transformation of the Oakland A’s, a low budget major league baseball team using advanced analytics, rather than traditional “gut instincts” of baseball men, in evaluating players and building rosters. Theo Epstein became one of the most successful practitioners of this … Continued
This article appears in the Portland Business Journal and is authored by Jon Bell.
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New lease accounting standards have opened up a new set of issues for companies. As seasoned consultants on these standards, we are often asked for our real estate perspective. Here is a view on handling commercial ground leases.
Guest Author: Salvatore Russo, JD, MBA Commercial leases, like any other contract, are negotiated based of each party’s respective leverage. But even if you are a smaller or newly established tenant, there is still plenty of homework that needs to be done prior to executing the lease.
Authored by Glenn Madere and Louis Battagliese In August 2010 FASB proposed a new lease accounting standard that it finalized in February 2016. Much of the five-and-a-half-year incubation period can be traced to vocal opposition by commercial tenants and their advisors who objected to what FASB now calls “finance lease” treatment for virtually all leases—the … Continued
By definition, an amenity is a desirable or useful feature of a building. They are often listed well below what used to be considered the “essential” facts (price per sq/ft, building size, availability). As Millennials take over as the largest demographic in the work force, tenants and landlords are starting to pay greater attention to … Continued
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In a tight industrial market, there are some flex industrial availabilities here in southeastern Pennsylvania.
Let’s give Millennials credit for one good idea: cutting down on commuting. Workers spend about 204 hours a year commuting, at a cost of $2600, according to the Census Bureau. That’s just the average, it doesn’t take into consideration the evitable traffic jam, the construction project or the overturned tractor trailer. No wonder commuting to … Continued