Tag : commercial real estate

iOptimize Realty® Negotiates 233k Office Space for Dealertrack Technologies (TRAK)

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4-11-14 – Long Island Business   Lake Success-based Dealertrack Technologies will soon expand to a yet-to-be-built 233,000-square-foot headquarters on 9 acres in North Hills, and promises to add more than 350 new jobs to the 500 or so employees it already has here. Terms of the deal weren’t disclosed. The company, which provides data access..

These 4 Metrics Will Reveal Your Most Inefficient Properties

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..

5 Key Site Drivers You Didn’t Consider for Your New Office

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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..

Seven Lease Terms that Can Protect You from a Troublesome Landlord

When you sign a commercial lease, your hope is probably that you and your landlord will co-exist in a state of perpetual harmony. However, that isn’t always the case. Even in commercial properties, landlords and building managers can vary greatly. To protect yourself, consider working with your corporate real estate agent and your attorney to..

Managing a Timeline for Tenant Improvements

A tenant improvement project is both exciting and harrying. The most challenging part is getting the space negotiated, designed, permitted and built before you need to move out of your old space. The key to managing the process is to get an early start. Preparing to Lease In a perfect world, your company would have..