Legal V Michigan
Retail leases and rent payments: Timing is everything

Retail leases and rent payments: Timing is everything

Two recent client situations remind me of a critical lease issue that sometimes gets overlooked. In each situation, the tenant entered into a retail lease where rent would begin within “x” days after the execution date of the lease. Under normal circumstances, the free rent period in both leases would have been sufficient for the tenant to complete its build out. Unfortunately, both tenants ran into problems obtaining permits and/or completing construction.

Multifamily V Michigan
The new Hall of Fame class: Marcus & Millichap's Barnett

The new Hall of Fame class: Marcus & Millichap's Barnett

Last year, Midwest Real Estate News inducted more than 70 members in its newest Midwest Commercial Real Estate Hall of Fame class. Throughout this year, we’ll be running the profiles of these talented CRE pros online. Today, we focus on the career of Seth Barnett, senior vice president of investments with the Southfield, Michigan, office of Marcus & Millichap.