avonromer-blog

[avonromer-blog]

This location has been in continuous operation for 16+ years. The shop specializes in sandwiches, paninis, gourmet coffees and teas, fresh smoothies, salads and lite fare. Located on the 1st floor of a business professional building the Cafe has a large captive following plus a huge drop-in trade.

[avonromer-blog]

Looking for the Key to Commercial Real Estate Success?

Abstract business background. Let’s talk! Fitzgerald Group, a 30 year leader in Commercial Real Estate Sales, Leasing, and Management is looking for motivated, self-starters that are looking to take their real estate careers to a new level. We offer exclusive training, support, and mentoring plus a full time marketing and support staff. To find out more call Adam today at 954-495-1818 for a…

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Looking for a bright new career..?

With the recent NAR settlement and all the heat that the Residential Real Estate business is taking maybe it’s time for a bright new idea…Commercial Real Estate! Fitzgerald Group is looking for motivated, inquisitive, agents to join our team of Commercial Real Estate professionals. To find out more about an exciting and rewarding career in Commercial Real Estate call Adam today at 954-495-1818…

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The Sky is falling...

This week the FED hinted that not only would rate cuts probably not be in the future, but there may even be a rate hike or two to slow down the overall level of inflation. Milton Friedman, a monetary economist, famously said, “Inflation is always and everywhere a monetary phenomenon”. That means that inflation will not be solved by raising the cost associated with the overnight borrowing rate…

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The Zombies are back...

In a recent article published in Trepp’s weekly newsletter (commercial mortgage monitoring service) the Author stated that Cleveland Ohio had lost 42.3% of its office inventory in the last year! The Cleveland market went from 157.4 million square feet to just 90.8 million square feet. How you might ask? Natural disaster, supernatural disaster, Godzilla? No. Cleveland has been suffering double…

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Tempus fugit...

Time is fleeting… One of the biggest mistakes that Lessees make is to underestimate the amount of time it takes to either locate a space or to renegotiate their current space. Finding a space could take a year or more depending on what the Lessee wants, needs, and can afford. There are dozens of considerations when seeking a space like… Location does the Lessee need visibility, highways, rail,…

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The percentages are not in your favor..!

Sunday ruminations..!

Have you ever wondered what that Percentage Clause means lurking in your lease? In its simplest form, it means that the Lessor is entitled to a piece of your revenue (gross income) as additional rent. Remember way back when I asked who pays the highest rent in a typical shopping center? The answer was the smaller Lessees, Lessees who hoped to benefit from the traffic the anchor tenants generated…

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Sandwich” Lease anyone…?

Sandwich lease anyone

What is a “sandwich” lease you ask? A Sandwich lease is a situation where a Lessee has signed a lease, usually a long term lease at a specific rate and through the “magic” of the market lease rates have gone up in the marketplace. As an example let’s imagine a Law firm signed a long term lease (20 years) way back in 2010. In the ensuing 14 years rates in that market have gone up as much as 50 or…

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BlackRock: Now Is the Time to Invest in CRE…

No…not that Blackrock! This Blackrock…”BlackRock is one of the world’s leading providers of investment, advisory and risk management solutions.” I have been saying that now is the time to buy…for about a year. I just don’t have the following that Blackrock does. Family offices and high wealth individuals should be looking into the commercial real estate market in a big way right now. Why?…

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Let there be light...

Retailers…Have you got a “Go Dark” clause in your lease agreement? There might be “light at the end of the tunnel”…Forgive me, I couldn’t resist. Few Retailers realize that they may have the Right to ask for a temporary reduction in rent if certain “Anchor” Lessees go dark. Put simply, if one or more of the Anchor tenants goes dark for any reason…i.e. Moves, renovates, relocates within the…

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Are you supporting your Lessors…”Champagne wishes and Caviar Dreams"?

Operating expenses (OpEx) Common Area Maintenance Charges (CAM) or Pass Throughs…call them what you will. They are simply the opportunity for the Lessor to generously “share” the burden of operating their property with you the Lessee. Depending on the type of lease that is used, these expenses could be described as NNN or triple net, NN or double net, IG industrial gross, MG modified gross, Bond…

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Family Office club super summit...Miami https://www.instagram.com/p/BsvQ9Cmnh7X/?utm_source=ig_tumblr_share&igshid=13lyyk6v07jgw

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CCIM Economic Outlook...frigging huge! https://www.instagram.com/p/BsvQyLSnRbm/?utm_source=ig_tumblr_share&igshid=cdyplihnggmp

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Must have been $1 Trillion under management there...looking for deals! https://www.instagram.com/p/BrQpNyunK_M/?utm_source=ig_tumblr_share&igshid=v3oal2mwydk0

[avonromer-blog]

Family Office Super Summit...super is an understatement! https://www.instagram.com/p/BrQox6fnKr2/?utm_source=ig_tumblr_share&igshid=1on8vp2wuqv2b

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Keeping ‘em spell bound https://www.instagram.com/p/BqPwHP3HwgX/?utm_source=ig_tumblr_share&igshid=15l19quts1xjn

[avonromer-blog]

Vegas...baby! https://www.instagram.com/p/BqPv8qGnFny/?utm_source=ig_tumblr_share&igshid=flixtsddu9g9