What is a Letter of Intent For a Lease?
When prospective commercial tenants are looking for a commercial property lease, there are many questions to answer and unknowns to contemplate. How much space is needed? How many offices, workstations, and conference rooms are desirable? What is the monthly rent? When will it be ready and how long ...
Read MoreThe Go-Giver Laws: Do You Have a Go-Giver Culture?
Published January 18, 2021. Updated August 1, 2024. We've all got a TBR (to be read) pile, but what about a TBRA (to be read AGAIN) pile? Here at Kenwood Management, there's a copy of Bob Burg's book The Go-Giver on all of our bookshelves, and we end up reading it again . . . and again. Want to ...
Read MoreProspective Commercial Tenants: Why Reviewing Financials Is Necessary
Published January 23, 2020. Updated June 20, 2024. Prospective tenants often question why a landlord or our commercial property management team wants to review their financial situation when considering leasing business space in one of our properties. Business owners sometimes feel offended and ...
Read More5 Steps to Finding a Commercial Space to Lease
If you are looking for a commercial space to rent for your small business and struggling with where to look and what to look for, you’re not alone. Finding the perfect space is critical for the health of your small business — it is a big decision as well as financial investment.
Read MoreEmpathy in the Workplace - A Key to Success
Kenwood Management Company services nearly 200 tenants and over 1000 people in our commercial real estate portfolio every day. From medical to financial services to tech companies, they all have specific needs and expectations. Inevitably, something occurs that impacts them, and they contact us. ...
Read MoreWhy Social Media Is Critical for Your Business Marketing Strategy
Updated on December 12, 2023 There is no denying the prevalence of social media in the digital age. Businesses are constantly finding new ways to utilize the various platforms to help drive revenue. Most owners recognize the power of social media but are still hesitant to invest in their business’s ...
Read MoreThe Importance of a Commercial Property Manager in Real Estate
You are leasing space in a commercial building alongside various other businesses. The property is beautifully maintained. The exterior is clean. The landscaping is neat. The building is filled with businesses that get along. Any broken fixtures are repaired quickly. All of this is thanks to the ...
Read MoreWhat Is the Kenwood Community?
Published 2020. Updated October 12, 2023. If you've read much on our website or blog or talked to any of our team members, you've probably seen the term "Kenwood Community," but what do we mean by that? Our approach to owning and managing multi-tenant properties is a little different than you might ...
Read More5 Steps to Prepare for Signing a Commercial Lease Agreement
Published June 12, 2019. Updated September 21, 2023. Understanding the mechanics of commercial leases is very important to managing business risks. Business owners must always read the fine print, understand what they're committing to, and plan their exit strategy well in advance. That said, it's ...
Read MoreAll About Common Area Maintenance Expenses and Commercial Leases
Published May 19, 2021. Updated September 7, 2023. As a tenant, you have most likely discovered that common area maintenance expenses (CAM) are often one component of the total monthly rent for your commercial space. However, many tenants simply pay the amounts billed on their monthly statement ...
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