Questions to ask when leasing office space
Questions to ask when leasing office space Read More »
3 Tips When Renewing Your Office Lease
Over and over I see companies and business owners simply print & sign an office space lease renewal agreement given to them by the landlord without even having read it. By not taking your office lease renewal seriously you risk leaving a lot of money on the table. Below are 3 tips to consider before
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What Does Base Year Mean When Leasing Office Space?
When leasing office space most landlords pass along all the operating expenses (taxes, insurance, repairs, maintenance, utilities, etc.) to tenants in the form of either a Triple Net or Base Year lease. Why they choose either one is personal and depends on how they prefer to do their accounting. Landlords like these types of leases because it covers them
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What Does Triple Net Mean When Leasing Office Space?
Most office building owners either operate with a Base Year or Triple Net (NNN) lease. At the end of the day both essentially mean that the landlord is passing along most if not all operating expenses (taxes, insurance, maintenance, repairs, utilities, etc.) to their tenants. With a Triple Net (NNN) lease in addition to paying the
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Startups Get Your Finances in Order Before Leasing Office Space
When leasing office space one of the biggest challenges new business owners and startup companies face is having enough financial strength to satisfy landlords and buildings owners. Landlords want to make sure you can pay the rent and want to know who will be financially responsible if you can’t. As a startup company you want to have
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Should You Use A Commercial Broker When Negotiating A Lease Renewal?
While talking to companies and business owners all over the Austin metro area about finding office, retail, or warehouse space one question that is frequently asked is whether or not the services of an Austin commercial real estate agent will help them when negotiating lease renewals. THE SHORT ANSWER IS..YES! You would never walk into a courtroom
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Austin Office Space: More Supply, Less Demand?
In downtown Austin there is over 750,000 sf of office space under construction. Historically when you have that much new office space being built you would expect the occupancy rate to decrease and more space to be available. In this market that is not the case. Because of increased demand from tenants all the new
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How Much is Office Space in Austin, Tx?
Austin office space lease rates go up and down depending on a number of factors including current occupancy rate, demand for space, job growth and demand, etc. When demand for space goes up and supply is down……….rental rates go up. We do our best to keep a pulse on the market and provide up to
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