If negotiated property your lease should contain a renewal option which is a section in your commercial lease that gives you the power of deciding whether or not you want to extend your lease beyond the initial term.  This is a benefit to you as it gives you control over the space and the landlord

As many have read Austin, Tx is hot!  Job growth is strong, businesses in many industries appear to be thriving, and according to Census data we have over 100 people moving to the Austin metro area every day.  What that means is that finding office space to lease in Austin is getting harder and harder. 

Obviously when companies lease office space they have to keep their bottom line in mind however they also need to ensure that their employees are happy, productive, and never want to leave. Employees want their office space to: Be close to lots of amenities (restaurants, retail, dry clean, etc.) Be as close to home as

When leasing office space some companies have industry specific space needs, however when it’s all said and done most companies have a lot of the same basic needs and objectives. Companies want their office space to: Provide a good image to clients, investors, visitors, & employees Be used as a tool to attract, recruit, and retain employees Motivate

If negotiated properly most office space leases have renewal options that give the tenant the right to extend the lease beyond the initial term. This is a benefit for a tenant and one that should always be incorporated if possible. Having an office space lease renewal option gives you more control. Most landlords are reluctant to

In most cases landlords and commercial listing agents want tenants to sign longer term leases (typically 3-5 years or more).  The primary reasons are that it gives them more stable cash flow, increases the value of their building, their lenders may require it, and it gives them more time to recoup upfront out of pocket costs (tenant

When the economy and job growth are down in certain areas that typically means that there is more vacant office space available. In an effort to lease office space during a market like this landlords have more competition between them and typically offer more lease concessions such as tenant improvement dollars, lower lease rates, and offer