The make-good clause is among the costliest of lease clauses. Returning the premises to the original condition in which you leased it sounds completely reasonable. However, this can also subject you to significant costs at rollover time if you don’t plan for it. As with most lease clauses, the make-good clause is defined differently..
When tenants negotiate leases, they frequently focus on the basic numbers — the amount of the per square foot rent, the size of the space and the size of the tenant improvement allowance. However, seemingly small details can have a significant impact on the overall economics of the transaction — frequently outstripping what a dollar..
The process of acquiring commercial real estate for your business really starts once you put the property under contract. While you should do preliminary investigations when assessing potential spaces, the certainty of a contract allows you to put forward an effort that will make the most of your new acquisition. Here are some tips to..
Whether your company is using commercial real estate software or you have a team that analyzes your portfolio with you, you’re probably awash in CRE metrics. Just about every aspect of your company’s corporate real estate holdings can be quantified and calculated, making it challenging to determine which metrics matter and which don’t. Here are..
Before choosing an office, most corporate real estate directors go through a standard set of site selection criteria. Key site drivers usually include a location’s proximity to major freeways, nearby vendors, supportive services and the area’s demographics. While those are all important factors, there are some less-common ways to evaluate a space that may have..