Renting office space should not be taken for granted as it is much more complicated than renting an apartment. Finding office space for rent and negotiating the terms and conditions should be taken seriously and you want to make sure to avoid the 10 office space leasing mistakes below that many tenants make. Only thinking […]

This article is going to give you an overview some of the basic points to consider and how to lease commercial real estate. Renting commercial space is much different than residential as there are a lot of nuances to consider. Mistakes made or terms overlooked when renting commercial space could potentially cost you thousands of

When entering into a commercial real estate lease most landlords are going to require a personal guarantee, because if they don’t and the tenant defaults on the lease the landlord is out of luck. These days it’s normal practice for a landlord to do a thorough credit/financial check to ensure the owner or the business

Everyone tries to make their lives and business more efficient however they sometimes fail to look at how to make their office space more efficient. Many Austin companies tend to overlook ways in which they can be more efficient with their space, reduce overhead, trim costs, and increase profitability and productivity. Here are 5 ways to

Office space design trends continue to evolve as companies are taking less space, increasing shared space, adding more amenities, creating more flexible work areas, etc. Factors That Will Shape the Future of Office Space Spaces will be more collaborative and support the balance between private think time and team time Fewer private offices Shared rooms for

1. Estimate Your Budget How to Calculate the Monthly Rent Base rent  + operating expenses (aka NNN) X the rental square footage. So if you are renting 4,000 sf, the base rent is $30, and the NNN are $10 your monthly payment will be ($30 + $10) X 4,000 = $160,000 / 12 = $13,333

Buying and owning commercial real estate does not make sense for every business and can be a complicated process if you don’t know what you are doing. Below are a few questions to consider and steps that will help get you started. 1. Get to Know Your Situation Before Buying a Commercial Property Is your