Kobe, Kobe, Kobe

You cannot turn on the TV or check any of your social media feeds without reading about Kobe Bryant and his untimely, very sad, fatal helicopter accident.  The fact his daughter and others were with him makes it just that much worse.  The void this accident has...

8 Reasons to Buy a Building Instead of Leasing

Most companies lease the office and warehouse space they occupy.  There are many reasons for that:  don’t want to be a landlord; don’t have the down payment; want to keep the money in the business where it will earn a higher return than in a real estate...

WeWork – Will it Work in a Downturn?

We’re updating this blog in light of a story that is currently in the news. WeWork is considering the anticipated valuation of its IPO…that it could be too high. Skepticism is rising over the business model. One of the concerns is what we pointed out here...

Don’t Let Your Lease Kill the Sale of Your Business

As an asset manager, in the late 90s, working for a large owner of office buildings, I got a phone call from a guy who said he was buying one of the companies in a Dallas building we owned. He said his company planned to close on the sale the next day and he wanted...

Feeling Cramped in the Office?

Have you ever noticed how food manufacturers sometimes shrink the size of your favorite candy bar or bag of chips? The price stays the same, of course, but you just don’t get as much. Well, offices have been getting smaller for a long time at the same time that...