In this episode, Adam talks to Attorney Doug Hickel of Summers Compton Wells and Realtor Matt Simon of Hermann London about commercial real estate.
Email questions to Podcast@HermannLondon.com
Host - Adam Kruse https://hermannlondon.com/realtor/adam-kruse/
Guest - Attorney, Doug Hickel
Guest - Realtor, Matt Simon
ITUNES-http://goo.gl/rs1q9X
Blog-https://hermannlondon.com/podcasts/
Website http://hermannlondon.com/
Producer - Joey Vosevich
Theme Song by Trastornobeats
0:43 Adam introduces Doug Hickel and Matt Simon to talk about commercial real estate leases
1:45 How did Adam meet Doug Hickel
3:36 How did Doug decide to become an attorney
4:00 What are the different categories of attorneys
5:03 What is a typical day like for Doug
5:38 Does Doug typically only do real estate
6:13 Who is Doug’s target client
8:06 What is a lease and what are the different types
10:14 When is a triple net lease used most often
11:17 How is leasing a store front in a shopping center different
12:04 What are common are maintenance charges (CAM)
12:51 Who controls the common area maintenance charges
14:21 Are there any clauses Doug focuses on regarding caps
15:57 How does it work when the lease requires the tenant to make all the updates
18:51 How common is it for a landlord to offer build-out expenses and tenant improvement allowances
20:02 How do you determine a fair rate increase to the common area maintenance
21:46 Is it common for a lawyer to do residential leases
23:08 Can a broker put a lien on a commercial property in order to receive their commission
24:17 What is the most complex commercial lease Doug has ever seen
25:52 How is the lease for a store in a mall different and what is percentage rent
27:26 How common are personal guarantees for first time business owners
28:56 Has Doug ever seen a landlord have to go after a tenant and how is a commercial eviction different
29:55 How have Doug’s leases changed over the years
30:51 How do you find the right attorney for you
32:19 Is it valuable to work with a law firm with lots of different types of attorney
33:36 What is one of the strangest/most interesting leases Doug has worked on
35:48 What if the landlord comes around too much and what are negotiated access rights
37:38 How do confidentiality agreements protect the landlord and the tenant and what to do if there is a breach
