Lease Armstrong

#1 CRE Broker in the World | 100 Trillion Sq Ft Leased | 0.8 seconds average time on market | If you don’t list with me, your building will be cursed

[Lease Armstrong @LeaseCRE]

You know what’s even more exciting than Elon’s flying cars?

This stunning, 1986 vacant suburban office building I have available for lease starting at $12 psf.

Don’t miss out on this one!

[Lease Armstrong @LeaseCRE]

@bankertobuilder I may have a few vacant restaurants that we could add a second story drive thru to

[Lease Armstrong @LeaseCRE]

@0xgaut So many of my drive thru developer clients are calling me to ask if I have any sites with a second story drive thru

[Lease Armstrong @LeaseCRE]

Helped a client buy an office building 3 years ago

Rates had just spiked

He was panicking

Told him not to worry, he could just date the rate

He just called me again yesterday to ask why rates haven’t gone down

Here’s what I told him:

“Now you’re stuck in a bad marriage with this rate. But you can always get a divorce and leave the marriage if a better rate comes along.”

[Lease Armstrong @LeaseCRE]

@elonmusk Elon are you looking to lease any office space? Let’s jump on a call tonight at 2am

[Lease Armstrong @LeaseCRE]

@DanielOchs Get engaged to the rate. You can always leave the rate at the altar if a better rate comes by.

[Lease Armstrong @LeaseCRE]

Client just called me panicked about the 9.5% rate they just got on a loan

We are closing on the property tomorrow

He’s thinking of backing out

I’ll lose a $300,000 commission

I told him to take a deep breath and not to worry about the rate

“Don’t think of it as a 9.5% rate. Think of it as a 6% rate with a 3.5% tip for the bank.”

He liked that and said he’s ready to go ahead with the closing.

I love saving deals (and my commission)

[Lease Armstrong @LeaseCRE]

@eglyman Let’s get Ramp into a brand new 500,000 square foot office building I happen to have listed in Cleveland. Get in touch!

[Lease Armstrong @LeaseCRE]

@HaterReport If you think that’s a physical challenge, you should see hard my ear ached after making over 300 cold calls in a day with my Bluetooth earpiece

[Lease Armstrong @LeaseCRE]

@erinkwoo @georgia_wells @MeghanBobrowsky Handsome commercial real estate brokers like myself don’t have to worry about this

[Lease Armstrong @LeaseCRE]

@molzer This is why I prefer the broker side. I can just pretend I know all that stuff and still get paid whether my advice works out or not.

[Lease Armstrong @LeaseCRE]

Some brokers can sell a building at a 6 cap

I can sell the same building at a 4 cap, a 6 cap, and an 11 cap

Same building

Same rent roll

I just have three spreadsheets and the confidence to email all of them

[Lease Armstrong @LeaseCRE]

@FluentInFinance Commercial real estate using 99.5% leverage: 90,000%

[Lease Armstrong @LeaseCRE]

@NickAbraham12 Anything less than a 95% close rate is an embarrassment to the sales profession

[Lease Armstrong @LeaseCRE]

@WatcherGuru What? I promised my clients rates would go down by next week so they can refinance

[Lease Armstrong @LeaseCRE]

@kenklippenstein The 10 year fell 0.05% over the last couple hours, home buying activity should come roaring back

[Lease Armstrong @LeaseCRE]

@skumWgmi Have they tried purchasing commercial warehouses? Those have made lots of money the last couple years

[Lease Armstrong @LeaseCRE]

I love being a real estate broker

[Lease Armstrong @LeaseCRE]

@Jefffeldman I’m still going to tell my clients it’s the perfect time to buy

[Lease Armstrong @LeaseCRE]

@danmartell 5am? In the real estate world, we call that sleeping in