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..
If you’re part of a company who is constantly seeking to cut back on the most expensive aspects of operation, it’s time to start looking at your corporate real estate portfolio. As a major expense for most companies, evaluating occupancy costs throughout your corporate real estate portfolio can be the key to freeing capital..
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..