Tag : commercial real estate

Understanding Office Space Area and Commercial Lease Terms

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  Some of the most confusing commercial lease terms come in how an office space’s area is determined area. Gross, rentable and usable square feet are all different, and impact your occupancy costs.   Space Basics   Most office spaces are leased out on the basis of their size. All things being equal, a bigger..

Surviving Office Relocation

  One of the upshots of optimizing your company’s corporate real estate portfolio is that you will probably end up moving around a bit. Whether you are looking to consolidate multiple spaces into one, downsize a too-big space or simply move for a better deal, office relocation is usually in the cards for any company..

3 Tips to Help Cut Your Rent Now

With the end of the calendar year looming, many companies have cost cutting on their mind either to maximize profits for 2014 or to get 2015 off to a good start. While rent might seem like a relatively inflexible cost due to the long term nature of many leases, you have more control over your..

5 Must Knows Before Starting Out in Commercial Real Estate

  If you’ve ever wondered what it’s like to switch sides and become a commercial real estate broker instead of a client, read on. This is a great industry — and an exciting one — but it isn’t an easy one. Here are five tips that you need to know to make it in our..

Understanding Tenant Improvement Negotiations

  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..