Let’s face it, rent can drastically impact a company’s bottom line. In fact, for most companies, commercial real estate leasing expense is typically the second-largest expense following salaries. With many employees working remotely or on a hybrid basis it is...
Selecting the right commercial real estate for your business can have a profound impact on your company both in purely financial terms and in terms of attracting and retaining the best and the brightest talent From a financial perspective, rent is generally the...
You have probably heard references to 5G. 5G stands for the fifth generation of cellular technology. When fully rolled out, 5G will be as much as 100 times faster than today’s 4G. 5G’s massive capacity will allow networks to accommodate more users at much higher...
Relocating your company office and prepping for an office move can be more complicated than one would initially expect. The larger the company, the more complicated the move will be. When moving to a new commercial real estate property, a good first step is to form a...
ASSEMBLE A TEAM, A TIMELINE, AND A BUDGET The time required for a successful move depends on the size of the space required and the complexity of the new space. For an office user with 10,000 or more square feet, it is best to begin the process within 18 months prior...
Commercial real estate clients frequently ask how an assignment of a lease differs from a sublease. The difference is primarily a legal one, although each achieves a similar practical result. Assignment. An assignment of a real estate lease is a complete transfer of...
