Remote Controls Seattle
Downtown Seattle's office space market is in trouble, but why haven't office "asking rents" fallen off a cliff ? It's because even if...
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Derek Hermsen
- Oct 26, 2021
- 1 min
Pacific Northwest Dental Conference
Over the past year and half, the pandemic has greatly impacted many sectors’ leasing efforts. Despite the overall negative trend, Union...
20 views2 comments
Derek Hermsen
- Jul 27, 2020
- 1 min
Subleases Galore
It's happening. The subleases are pouring onto the market. The effects of COVID coupled with an already slowing commercial real estate...
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Derek Hermsen
- Mar 30, 2020
- 1 min
Civil Orders Impacting Tenants - Important Links
Governor Inslee's March 19, 2020 proclamation (20-24) banning non-essential dental work through May 18, 2020: https://www.governor.wa.gov...
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Derek Hermsen, Union Street Corporate Real Estate
- Mar 20, 2020
- 3 min
Strategies for Covering Rent
Strategies for Covering Rent during this period of income interruption.
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Derek Hermsen
- Mar 18, 2020
- 2 min
Seattle Extends Eviction Moratorium to Commercial Real Estate
Order applies to businesses with 50 employees or less, non-profit groups.
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Derek Hermsen, Union Street Corporate Real Estate
- Mar 18, 2020
- 0 min
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Derek Hermsen, Union Street Corporate Real Estate
- Mar 16, 2020
- 2 min
Coronavirus and Business Interruption
With the COVID-19 impacting everyone and their businesses, as a tenant representative, I have been fielding many inquiries about my...
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Derek Hermsen
- Oct 24, 2019
- 1 min
Smartsheet ENGAGE 2019
Smartsheet held its annual "ENGAGE" conference at the beginning of October at the Washington State Convention Center. Smartsheet (NYSE:...
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Derek Hermsen
- Oct 21, 2019
- 2 min
20 Years of Representing Tenants
In September of 1999 I was fresh out of college looking for a job and my dad suggested that I talk to my cousin, Parker Ferguson, "who...
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Union Street Corporate Real Estate
- Jun 28, 2019
- 2 min
How Much the LID will Cost You
As part of your company's operating expenses in late 2020, you will likely see a new line-item for "LID", which is the Local Improvement...
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Derek Hermsen
- Feb 28, 2019
- 3 min
Experimenting with Transportation: 1 Year without a Car
When my plug-in hybrid's lease expired at the end of 2017, I decided to conduct an experiment in transportation: life without a car. On...
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Derek Hermsen
- Nov 15, 2018
- 1 min
Do you need Lease Administration?
Follow this LINK to a great article on Lease Administration by my friend John Rice of Quarem. Find out who needs it and what it is.
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Derek Hermsen
- Nov 13, 2018
- 1 min
ECHO...Echo...echo...
Our office at Union Street has always had "sound issues". With 11 foot ceilings and hard surfaces all around, it creates a bit of an...
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Derek Hermsen
- Oct 30, 2018
- 1 min
Northgate Update!
Updated plans for Northgate Mall call for 1.1 million square feet of new office space! Hockey is now a part of the mix too. Photo...
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Derek Hermsen
- Oct 23, 2018
- 1 min
TWO FOR ONE
It's tough to keep on top of putting out newsletters in this day of instant tweets, posts, and shares; but here you go! CLICK HERE for...
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Derek Hermsen
- Oct 22, 2018
- 2 min
There's more to Charlotte than NASCAR and Petey Pablo
CHARLOTTE, NC, USA. ITRA Global (International Tenant Representative Alliance) just concluded its Fall Conference in Charlotte, North...
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Derek Hermsen
- Oct 18, 2018
- 1 min
Data & Interpretation
Check out my insights on the use of data and its visualization in commercial real estate. This link will take you to the Commercial Real...
22 views0 comments
Derek Hermsen
- Oct 12, 2018
- 2 min
Smartsheet ENGAGE 2018
Since its founding in 2015, Union Street Corporate Real Estate has leveraged Smartsheet (NYSE: SMAR) as the backbone cloud service of the...
55 views0 comments
Derek Hermsen 206-264-9000
- Jul 3, 2018
- 1 min
Frellard Sublease
New sublease in Fremont/Ballard area. Call for more info or to arrange a tour.
13 views0 comments