Tag : rent

Importance of Considering the Unexpected When Negotiating your Commercial Lease

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  There are many different terms that commercial tenants usually think of during the office lease negotiation phase. From rentable square footage to common area maintenance to subleasing and assignments, there are undoubtedly many terms to consider. One thing that most commercial tenants forget during lease negotiations is what should happen if the unexpected happens…

Keep Calm and Rent On, America

In light of the recent turnaround in the commercial real-estate sector, the market has, so far, shown an increase in the amount of occupied office space in the first and second quarters of 2011. The first quarter showed an increase of 5.5 million square feet of inhabited office space, while the second measured a close..

L.I.’s Positive Swing for Industrial and Office Vacancy Rates

Long Island’s vacancy rates in the commercial real estate market is showing a positive trend in for 2011, however slight they might be. Positive absorption rates for the industrial market in the first quarter of 2011 ended with 280,004 square feet— quite an improvement over the 1.7 million square feet of negative absorption in 2010 and..