If you’ve got a growing innovative business, there are three cities that you can cross off of your site selection list – San Francisco, San Jose and Boston. All of them posted lower than average growth in STEM (science, technology, engineering and mathematics) jobs. The new, hot and emerging markets are clustered in the middle..

One of the challenges of starting and growing a business is finding the right space. After you have narrowed your new commercial space down to a few options, for the most part, you have met your due diligence requirements—budget, type, location, and size. Now comes the daunting part—negotiating the lease. Even if the local market favors buyers,..

Generally, commercial landlords send out operating expense (OPEX) reconciliation statements for the prior year 90 to 120 days after the end of the calendar year.  Many tenants receive a bill that does not provide sufficient explanation of the total amount billed or provide supporting documentation. Typically, most commercial landlords assume that tenants won’t check expenses..

Besides rent, commercial tenants who rent space incur a number of occupancy costs. They may include common area maintenance, property tax payments and other expenses beyond their monthly rental payment. When you negotiate a commercial lease, it’s important to find out from the broker what other expenses are associated with leasing the premises. In many..

Common in regional shopping centers, percentage rent clauses in leases are not limited to that venue. While a percentage lease can help to motivate a landlord to promote his property, increasing your sales and his rent collections, it also carries the potential for wild swings in your rent that accrueto your landlord’s favor instead of..