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2015 Is The Year For Commercial Leasing, Apparently

Retail Space Available

At least, it has been for me so far. I have been doing a lot of tenant representation so far this year ... reviewing and negotiating commercial leases. For some reason my transactional work (loan closings, purchase/sale closings, etc.) has been lagging since the end of 2014, and I'm not sure whether it's a trend for real estate in general or is specific to my clients and my practice. In any event, the commercial leasing work has helped take up the slack and I enjoy the work and the clients for whom I do it. Generally, it's fast-paced work ... once an LOI has been agreed to both parties want the lease negotiated and executed as soon as possible: the tenant, because they want to get in, get their tenant improvements installed and get revenue flowing in as quickly as possible, and the landlord, because they want the rent to start flowing in … Continue reading...

Florida Trend Legal Elite 2015

Expect Nothing Appreciate Everything

Florida Trend Legal Elite 2015 voting is open! Florida attorneys vote here: http://www.newlinks.com/elite15/ … Continue reading...

“I’m waiting for …” What? Why? Don’t wait! Do something!

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I saw the post below online this morning and it reminded me of one of those "lessons learned." As a young associate I once started a response to a senior attorney (who wanted an update on the status of an important matter) with "I'm waiting for ...." That's far as I got! "Why? Why are you waiting? Pick up the phone and call him. Get it done. GO." Whoa. My first reaction was "What a jerk!" And, frankly, he was. THEN, however, I realized the reason I was waiting was because I was intimidated at the prospect of calling the attorney on the other side. I was stalling because of my own insecurity. And there was no reason for it! He'd made his point. Lesson learned: Whenever you find yourself starting a sentence with "I'm waiting for ...," take a second and think about whether you should be waiting for anything at all or whether, instead, … Continue reading...

Good News Keeps Coming …

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Wow. I think the (seemingly mythical) "turnaround" in the commercial real estate market is actually going to stick this time! After many years of up and down and sideways market conditions, GOOD news about the Orlando/Orange County/Central Florida commercial real estate market is being consistently observed and reported. For example, see this article entitled "9 things that may surprise you about Orange County real estate" by Anjali Fluker, writer for the Orlando Business Journal. Local market indicators are the best they've been in at least 5 years, new construction and new commercial activity is booming throughout the area (have you seen the construction (and traffic) on International Drive lately? It's insane!) and deals are being made! Here in Winter Park things are very active along the 17-92/Lee Road/Denning Drive corridors, which I … Continue reading...

Too Busy To Blog! But that’s no excuse …

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Sorry for my absence, lately! I understand now what marketing professionals mean when they tell me that the key to a successful blog is consistency, as in consistently providing new, meaningful content on a regular basis. Trust me, it’s a really hard thing to do, especially if you demand to personally write all of your […]

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Considering a sublease? LOOK BOTH WAYS!

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I recently assisted a client that is a commercial tenant with extra square footage by reviewing a proposed sublease of the extra space to a prospective subtenant. It was a good opportunity to once again think about the best way to structure such an arrangement and the risks involved, particularly for the tenant (my client) […]

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How Do You Define Confidence? Here’s One Way …

Confidence

Saw this on the internet the other day and it rang true to me. For me, one way of defining confidence as an attorney is being able to respond to a client’s question by admitting, without any shame, “I don’t know … ” but being able to ‘confidently’ add “however, I can get that answer for you.” I recall an […]

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LLCs: GOT ONE? NEED ONE? LOANING MONEY TO ONE? Pay attention to these new rules!

PayAttention

The new Florida Revised Limited Liability Company Act (the “New Act”) became effective January 1, 2014. If you have an existing LLC, are forming a new LLC or, for you commercial lenders out there, are loaning money to an LLC, you should pay attention to the changes that have been implemented. Why bother with a New Act? Theoretically, […]

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Two Words On “Attitude” …

Captain Jack Sparrow - Attitude

Captain Jack Sparrow, channeling Charles R. Swindoll … The longer I live, the more I realize the impact of attitude on life. Attitude, to me, is more important than facts. It is more important than the past, than education, than money, than circumstances, than failure, than successes, than what other people think or say or do. It is […]

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Confused By Documentary Stamp Tax and Intangibles Tax? Everyone Else Is, Too!

Docstamp

Last week I attended a Continuing Legal Education (CLE) seminar on Florida’s documentary stamp tax and non-recurring intangibles tax and I left feeling as though I knew less about about them than when I walked in. Now, of course, that’s not entirely true – a lot of good information was conveyed and I did learn things I […]

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