Shane Minnis

🏙 Helping Tenants & Landlords get great deals + maximize ROI since 2009. Specializing in office, R&D & industrial leasing. Silicon Valley | SF Bay Area

[Shane Minnis @MinnisCRE]

@moseskagan Congrats! Sounds like you just closed a deal 😎 Although having a little heartburn cutting checks for broker commissions…

You bring up a valid question from an owners perspective.

I’d argue the simple answer is because the value is created at lease signing and validated when the tenant moves in.

It’s a percentage of the lease because brokerage isn’t simply a service - it’s value creation. And the easiest measure of the value created is by the rent. This isn’t the only way it can be done, but it’s simple and easy for all parties to agree on. Plus the terms of satisfaction have been fulfilled - bringing a ready, willing, and able tenant.

What you’re proposing, that brokers share in ownership risk through the lease term could be done… but it opens up a can of worms because on top of the service provided + value created you’re looking for a guarantee on variables outside the control of a broker…

Brokers would take on significant risk with little recourse or safety measures in place. This would have to be offset somehow through increased compensation to offset the risk, along with structure and/or recourse mechanisms in place to protect the broker’s interests.

At the end of the day, owner decides if they’re agreeable to the terms and risk associated with the lease (not the brokers) and even if landlord wants to work with brokers at all. As an owner you can source tenants yourself and be your own broker… it’s not easy, but it’s possible.

[Shane Minnis @MinnisCRE]

Squeaky wheel - assume nothing and simply advocate for your client. Reach out to every broker on the team. Don’t be surprised if you have to do it multiple times. That doesn’t work then cast a wider net - JLL brokers you have relationships with, property manager, owner/asset manager, anyone you have relationships with on the ownership side (even if not directly involved with the asset). If you have to then send an unsolicited offer. Be relentless. 😎 Best of luck to ya

[Shane Minnis @MinnisCRE]

@realEstateTrent That’s the best stuff, don’t miss it! I’ve got pancakes with parents this morning with my girls. They were so excited for this morning that they curled their hair and woke up 30 minutes early (on their own) - they’re in TK and Kindergarten.

[Shane Minnis @MinnisCRE]

@CoyDavidsonCRE Surprisingly… Google’s ai sucks. ChatGPT runs laps around it. I’ve run them side by side and it’s a non-compete. Given the depth of resources available I figured Google would crush… not the case.

[Shane Minnis @MinnisCRE]

Where he lives and what he does off duty is his business. Especially with the high cost of living in the Bay Area and California I would argue most first responders live outside the area they serve. It sounds like he makes the multi-state commute to report for duty otherwise if the commute is too much then he stays at the station - sounds to me like he’ll be the fastest to respond to an emergency (firefighters do the same thing - they have living quarters where they can eat, sleep, workout, etc). So what’s the issue? Also, last I checked - employees don’t just casually decide when to show up to work… they have or receive a schedule or established terms/expectations in their employment contract.

[Shane Minnis @MinnisCRE]

This is stupid, if anything he should be celebrated! That’s dedication to the community he serves - he’s willing to take on that long of a commute for work. Plus sleeping at the station is the ultimate dedication and offers the fastest response time in an emergency (just like firefighters have living quarters at the station when they are on duty). Clearly he’s not going home for lunch… stop bashing the police and others that serve and protect our communities, they should be respected and supported.

[Shane Minnis @MinnisCRE]

Shut it down! It’s a waste of our resources and even the name is misleading… it was originally supposed to be high-speed now it’s planned to only become California Rail… the idea may have been grand, but the execution has been a pipe dream, let’s scrap it and move on to bigger and better things.

[Shane Minnis @MinnisCRE]

@VivekGRamaswamy @VivekGRamaswamy @elonmusk @realDonaldTrump sounds like a CRE broker is needed to help cut the fat…

[Shane Minnis @MinnisCRE]

Fresh cut by @davediggsthebarber at @thebarbersinc + Gentleman’s Bet kicks off Today - #1stto200lbs 💪🏻 @ The Barbers Inc. Barbershop https://t.co/SaL9VOYDCw

[Shane Minnis @MinnisCRE]

29K SF Office/R&D Available Now - Divisible to 11K & 18K SF @ 3151 Jay St, #SantaClara, CA | #JayTechCenter

• Download Brochure https://t.co/IrnWTM4Vnf

• Contact to Schedule Tour

#MinnisCRE #ForLease #CRE #SiliconValley #SantaClara #Office #OfficeSpace #CREBroker #Colliers

[Shane Minnis @MinnisCRE]

You Don't Get Much Closer To #DiridonStation... Only a 1/2 Mile Away @ 1 Almaden Blvd, Ste 610, #SanJose, CA | #TheAlmaden

• Download Brochure https://t.co/4PPWtTw3hE

• Contact to Schedule Tour

#MinnisCRE #ForSublease #CRE #SiliconValley #DTSJ #Office #CREBroker #Colliers

[Shane Minnis @MinnisCRE]

Planes, Trains & Automobiles... & E-Scooter, Bike, By Foot... Enjoy Easy Access @ 31 N 2nd St, #SanJose, CA | #31N2nd

• Download Brochure https://t.co/WqoqakDP9L

• Contact to Schedule Tour

#MinnisCRE #ForLease #CRE #SiliconValley #SanJose #DTSJ #Office #CREBroker #Colliers

[Shane Minnis @MinnisCRE]

#SaintPatricksDay | Wishing everyone a happy + safe Saint Patrick’s Day - a little Irish luck 🍀 can go a long way...

https://t.co/CdM2OGIvMj

#MinnisCRE #CRE #SiliconValley #CREBroker #Colliers

[Shane Minnis @MinnisCRE]

#MinnisCRE | Whether you're in the market today or want to keep up w/ latest happenings - stay informed on #SiliconValley #CRE w/ these 2 reports https://t.co/4zJ1VduBwZ

https://t.co/CdM2OGIvMj

#MinnisCRE #CRE #SiliconValley #BayArea #Office #Industrial #CREBroker #Colliers

[Shane Minnis @MinnisCRE]

Move-In Ready w/ Market Ready Interiors @ 110 N Third St, #SanJose, CA | #110N3rd

• Download Brochure https://t.co/MhUECEctf1

• Contact to Schedule Tour

#MinnisCRE #ForLease #ForRent #CRE #SiliconValley #DowntownSanJose #DTSJ #Office #OfficeSpace #CREBroker #Colliers

[Shane Minnis @MinnisCRE]

Easy Access to @bartsv & Amtrak/ACE @ 695 River Oaks Pkwy, #SanJose, CA | #MontagueOaks

• Download Brochure https://t.co/sgNMpEIZtR

• Contact to Schedule Tour

#MinnisCRE #ForLease #ForRent #CRE #SiliconValley #NorthSanJose #Office #OfficeSpace #CREBroker #Colliers

[Shane Minnis @MinnisCRE]

Ideal Attributes For #MedicalDevice & #LifeScience @ #AssemblyatNorthFirst, #SanJose, CA

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• Contact to Schedule Tour

#MinnisCRE #ForLease #CRE #CommercialRealEstate #SiliconValley #Office #Headquarters #CREBroker #Colliers

[Shane Minnis @MinnisCRE]

#EmployeeAppreciationDay | Huge shout out to @Colliers employees + staff for the help & support you provide especially during this #WFH experiment!

Thank you for all your hard work - it does not go unnoticed!

#MinnisCRE #CRE #SiliconValley #CREBroker #Colliers

[Shane Minnis @MinnisCRE]

Congrats to the finalists + winners of this year's 45th Annual ASVB Awards! Shout out to ASVB for organizing & hosting!

#MinnisCRE #ASVB #Awards #CRE #CommercialRealEstate #SiliconValley #CREBroker #Colliers #ColliersInternational