14th December 2010
Tenant improvement allowances, funds provided by the landlord to improve office space, are becoming increasingly prevalent during landlord-tenant negotiations, and all companies should consider their role in creating an ideal office space. However, compan...
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05th November 2010
The expiration of your company’s lease should be viewed as an opportunity rather than a hassle. Small to mid-size tenants can make their working life a more pleasant experience by finding a location with plentiful amenities, or larger ones may even use th...
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21st October 2010
Are you an "800 lb gorilla" or a "gnat" in the eyes of your landlord? Office tenants must recognize how they are viewed by current and prospective landlords. While this requires a realistic assessment of your size, credit and, to a lesser extent, reputa...
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14th October 2010
When your lease expires, should you renew at the same location or strike out to find new space for your company?
The short answer is “both." Even if you are totally happy with your current space, you need to evaluate the commercial real estate market, ...
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25th August 2010
1. Determine your requirements.
Draft a list of the pluses and minuses of your current space. Brainstorm with company executives and real estate professionals regarding the specific needs of your firm: number of offices, conference rooms, workstations...
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06th July 2010
Companies often look at lease negotiations as an arduous process, something to be survived rather than enjoyed. However, determining your space needs for three, five or ten years may be one of the most critical tasks you will engage in for the future of y...
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01st June 2010
With the current volatility in the commercial real estate market, businesses must carefully evaluate landlord offers for new space or a renewal. Here are 10 major factors to be considered prior to reaching a decision.
1. What are your internal requirem...
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05th May 2010
It's the most common mistake made by office tenants: missing a huge opportunity â€" and losing truckloads of money â€" by negotiating their own lease renewal. More than 90 percent of companies who lease 5,000 square feet or more seek new office space with...
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30th March 2010
Your lease is up for renewal, and things seemed a lot simpler when your business was younger. Your landlord has befriended you over the term of your lease … up to a point. An offer to renew your current lease gives you pause, especially during today's...
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09th February 2010
Commercial leases can be extremely complex, but by analyzing certain common clauses, potential tenants can ensure a favorable lease for their organization. Here are 10 key components to evaluate when reviewing a lease.
1) Base rent clauses
Rental r...
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04th January 2010
Negotiating a favorable lease renewal can provide flexibility, improve operations and result in substantial long-term savings. Here are 10 ways to get a good deal by using your existing leverage.
1. Avoid the approach, "it's only a renewal."
More...
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08th December 2009
As the economy ebbs and flows, executives are always alert for opportunities to improve their company's position in a cost-effective manner. As experts in commercial real estate for more than 20 years, we believe the current economy offers unique advantag...
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16th October 2009
Many commercial tenants search for new office space with pre-determined concepts. Here are 10 reasons to break that mold by enlisting the services of a professional architect:
1. Architects can reduce your square footage requirements.
Workplace conf...
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