Far too often I see companies start searching for office space BEFORE they even have a clue as to what they need.  Before wasting any time searching for office space it’s important that you think about how the office will be used.  Finding the answers to some of these questions can help get you started. […]

When you lease commercial real estate the rental amounts are typically quoted on a monthly or annual cost per rentable square foot.  This is typically determined by the market you are in, the type of property, and the landlord preference. Office Rents – Are mostly quoted on an annual basis.  This can be as a gross rate (e.g.

Many business owners have discovered, albeit too late, that a commercial real estate lease is a binding document, regardless of what is discovered at a later date. The best thing that any business owner can do, to protect themselves and their businesses, is to learn from the mistakes of others of what to do and

When renting office, retail or warehouse space there are basically three essential kinds of commercial real estate leases that revolve around two different approaches to calculating the rent: ‘gross’ and ‘net’. The net type of lease involves a smaller base rent, with the tenant also paying other expenses. On the other hand, a gross lease generally

Although it is common practice for companies to allow room for negotiation in order to help land new customers in just about any industry, people tend to think it does not apply to renting warehouse, retail or office spaces. There are many examples of this. Cell phone companies are known to offer to pay cancelations

Are you wondering if you’ll be able to find a short-term commercial lease? The answer depends on what you consider “short-term.” Usually, three years is the minimum lease term for a standard commercial leases. For some businesses, this may be way too long a duration. Startups and small businesses usually need to be flexible when

When leasing warehouse space Landlords typically charge a base rent AND estimated operating expenses.  Operating expenses are also sometimes referred to as Triple Nets (NNN’s) or Common Area Maintenance charges (CAM’s).  Depending on the market you are in some landlords quote operating expenses on a yearly basis and some on a monthly bases.  For example a monthly NNN expense

When it comes to leasing office space many companies make a lot of mistakes, and in business mistakes equal to dollars. Below are 9 common mistakes that companies make when leasing office space and a few suggestions on how to avoid them. 1.  Know what you need. Are the spaces you are considering large enough