All Forum Posts by: Martin Z.

Hello Everyone, in part of a potential multifamily development, I want to get a ball park figure on subterranean parking for 3 or possible 4 levels down on approp. 18,500 SF. of land.  project is in the LA area.  Does the cost per level decrease as the number of levels increase?  it would be part of a mix used project and I need the parking to get the building done so i have no other choice other than to dig down.

thank you in advance

Costar

what do you mean "sponsor us"

Commission on just the initial term would be acceptable 5-10 years, 3% is fine if they're bringing you a solid tenant. Lot of landlords don't look at the big picture, if a vacant space is losing someone few grand a month, the commission is nothing in the big picture.

"the PERCEPTION is that mom and pop tenants think they are more valuable then they actually are."  Well said, well said...

for office, retail or what?

But the catch is you need loopnet and costar because a property might be listed on loopnet and go for days before seeing costar and in that timeperiod may already be in contract. 

If you're not experienced, I would definitely take a good buyer rep along. A mistake can cost you way too much. 

"there's an application fee" Yes, of course, when they complete a credit check, it costs money.

If this is a new business you're starting, statistically, and from a property owner's point of view, you are more likely to fail than to succeed. Imagine leasing a new car, or financing a new house, leasing commercial property requires a close look into your credit as a personal guarantor.

I've used Document Center a couple of times, they were great