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How to Make Sense of a Commercial Real Estate Lease
Once your commercial real estate broker has submitted a letter of intent outlining the business points for the lease of your new location and those business points have been fully negotiated, the landlord will submit a draft lease for review. In order to get a...
11 Tips for a Successful Real Estate Tour
Touring commercial real estate takes time. On a typical tour your team may view up to 8 properties. To help you prepare for the tour, your commercial real estate broker should provide information on each property toured in advance of the tour. Encourage each team...
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...
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