When negotiating office space leases many landlords will offer to give you a tenant improvement allowance (aka TI allowance).  While this may seem generous you need to understand that they will expect things in return.  Building owners are in the business to make money not just give free money away so it’s important that you understand […]

When leasing commercial space there is more to your office space then just YOUR space.  What if you lease a commercial space on the 40th floor of an office building? How would you get to YOUR office if there were no lobbies and elevators? Where would you or your employees go to the bathroom if there

When you are considering hiring a commercial real estate agent you need to be aware of they type of brokerage they work for.  Some companies are full service, meaning they represent Landlords & Tenants.  Others (the minority) ONLY represent the best interest of Tenants and do not have commercial listings of their own. You may

Most tenants who lease commercial real estate space think that renewing the lease is an easy process that does not require any additional work. Well I’m here to tell you if done right and you want to get the best deal possible renewing a commercial lease takes time and effort.  Even if you don’t want

Most cities are full of commercial real estate brokers that have a great deal of experience, market knowledge, tools, & resources.  Many are also very busy and maybe are not as transparent as you would like them to be.  Below are 5 things to consider as you interview your next commercial real estate agent. The

A question that I get asked a lot is why won’t the landlord accept a lower rent when the space or commercial real estate property (office, retail, or warehouse space) has been sitting empty for a long time (months or years even).  One would naturally think that the building owner would want to receive rent

Historically law firms have been a little slower than other corporate entities to adopt techniques to maximize office space use and reduce costs.  However as the competitive landscape for law firms increases more and more firms are looking for ways to reduce office space overhead so they can use the money elsewhere.  Even the most traditional

If your existing office lease is about to expire you have much to consider.  Should you renewal the office lease and stay?  Should you relocate?  Should you expand? Should you renegotiate?  If you are in this situation it would be a good idea to discuss with your tenant representative at least 9-12 months (ideally longer) before

In many situations business owners and companies (tenants) think landlords will reduce the rental rates on commercial real estate space (office, retail, warehouse space) they rent by not hiring a commercial real estate broker. The thinking goes something similar to below: If a landlord of a commercial building (office, retail, or warehouse space) is asking for a