Rent abatement in a commercial lease means that the tenant does NOT have to pay rent for a certain time period during one of the following scenarios: During the initial tenant improvements, As a concession in lieu of a reduced rental rate, Or when the tenant is not able to occupy the space because major […]

Leasing retail space is expensive so before rushing out to sign a commercial lease it’s important that you prove that your products will sell. This applies to anyone wanting to open a retail business including health spas, restaurants, hair salons or any store that sells merchandise.  Do people want to buy your products at a

The Bank of America Center is a class A office building located in the heart of downtown Austin at 515 Congress Ave Austin Tx 78701. If you want to be at the center of it all, and within walking distance of the Warehouse & 6th street entertainment districts, the Texas State Capital, Austin Convention Center,

When leasing commercial office space on your own, it’s important to consider hiring a tenant rep to help you, especially in landlord friendly Austin office space markets. Building owners have highly experienced agents representing their best interests which puts you at a disadvantage during negotiations. Having a tenant rep in your corner will ensure that

Office space build-out permits in Austin can take up to 30 to 45 days, and even longer for larger more complicated projects. When searching for Austin office space for lease you need to ensure that you give yourself enough time to see all the options as well as allowing enough time to build-out the spaces

There is no question that Austin office space for lease has gotten more expensive over the last few years. Class A rates in downtown are averaging $60 to $65 sf. Class A space in the suburbs is averaging $40 to $46 sf. Class B space all over town is averaging $28 to $35 sf depending

A certificate of occupancy (C.O.) is a document given by a building department or local government agency that certifies that your commercial building and/or space complies with the plans you submitted to and that were approved by the city, the city’s / county’s applicable building codes and laws, and that it’s in a suitable condition

When buying or leasing commercial real estate you sometimes will come across a commercial property that was previously used as something different than your intended use. For example say you find an industrial space for rent Austin that was previously used by a wine distributor. According to the City of Austin zoning chart their use

When buying or leasing commercial real estate in most cases you will end up having to build, renovate, construct, or do some sort of tenant improvements whether you want to occupy office, retail, or warehouse space. Choosing the right contractor however can be a difficult process especially if you have not been through the process