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How to Determine How Much Office Space You Really Need
When you are considering an office move there are several steps you should take to ensure that the entire process is as smooth as possible. In previous weeks we discussed the importance of reviewing key provisions in your existing commercial real estate lease and the...
Thinking About an Office Move? Do These 5 Things First
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...
Considering a Business Relocation? Check Your Lease First!
Whether you are contemplating relocating or still considering renewing at your existing location you need to review your commercial real estate lease at least 12 months prior to lease expiration. You should focus on the following four lease provisions: Check for...
3 Reasons Why Commercial Real Estate Is a Good Investment
Real Estate Is A Tangible Asset Anyone who has invested in the stock market (especially during the first dot.com bust) knows that the value of money invested in stocks can not only decrease but can lose all of its value. Stocks represent an ownership interest in a...
How to Maximize Tenant Renewals
Traps for the Unwary -Why Renewing Tenants May Get a Bad Deal Many tenants assume that their lease will be renewed on reasonable terms and leave an insufficient amount of time for the renewal to be negotiated. It often turns out that the landlord's draft proposal...
Cost Saving Strategies to Reduce Rental Expenses
Cost Saving Strategies to Reduce Rental Expenses - Market conditions for commercial real estate are currently in a state of flux. While no one knows how severely Covid 19 will affect the market, two things are certain: rental rates will probably decrease, and...
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