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Considerations When Leasing Commercial Property For Use as an Imaging Center

Leasing office space for an imaging center—especially one with MRI and CT scan machines—comes with specialized considerations beyond a typical medical office or office lease. Here are the most important things to be aware of: Building Infrastructure Requirements Pro Tip: Choose Ground Floor or Freestanding if Possible Lease Terms & Landlord Considerations Regulatory & Zoning […]

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When To Send an RFP Versus an LOI for Leasing Commercial Space

Knowing when to send a Letter of Intent (LOI) versus a Request for Proposal (RFP) can help you lease commercial space more strategically and avoid wasting time. What is a Request for Proposal? A Request for Proposal (RFP) is a non-binding document that is commonly used when leasing commercial property that tenants use to solicit

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What Financials Do I Need to Show When Leasing Commercial Space?

If you are leasing commercial space landlords will want to see some sort of financials to ensure that you have the money to afford the rent. What Financials Will Commercial Landlords Want to See? Corporation If you are an existing business and have an S-Corp, LLC or other entity then the landlord will typically want to

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How Much Does Office Space Cost in Austin Texas?

According to Austin Tenant Advisors, as of Q1 2025 the average cost of office space in Austin is $42 per square foot per year. The average class A rates are $51 SF. Average class B, $38. Average class C, $30 SF. Downtown Austin averages $59/SF. Prices vary depending on the office building class, building age and location, and

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Free SBDC Class: Small Business Guide to Finding The Right Commercial Space

Are you a small business owner looking to lease your first commercial space, or perhaps ready to expand into a new location? If so, you’re probably aware that securing the perfect property is one of the most important—and often daunting—decisions you’ll face as a business owner. The process can seem overwhelming, from navigating complex lease

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Where to Find Commercial Real Estate Comps: A Comprehensive Guide

When diving into the commercial real estate market, one of the most crucial steps is understanding property valuations through “comps” or comparable properties. Comps help investors, buyers, and brokers determine what properties in a given market are worth, based on recent sales or lease transactions of similar properties. This knowledge can lead to more informed

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What is the Typical Lease Term Requirement for Medical Office Space?

When healthcare providers consider leasing medical office space, one of the key questions that arises is, What is the typical lease term? Lease terms can vary significantly depending on a number of factors, including the property type, location, tenant needs, and the landlord’s preferences. However, medical offices often have unique needs that distinguish them from

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Reasons to Use a Local Commercial Real Estate Broker When Your Business Doesn’t Have a Presence in the City You Want to Lease Space In

A Local Commercial Real Estate Broker Can Help Your Business Find the Best Spaces, Avoid Mistakes, and Get the Best Deal Possible A local commercial real estate broker provides invaluable expertise for businesses entering a new market. With in-depth knowledge of neighborhood dynamics, average lease rates, and off-market opportunities, they help companies find the best

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benefits of local Austin commercial real estate company

Benefits of Working With a Local Commercial Real Estate Company

One of the common misconceptions is that by choosing to work with a national commercial real estate company you are also choosing a bigger better company vs a smaller one. National companies often do have large offices however they don’t necessarily have a large office or strong presence in every city. Also the overall size

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Why Commercial Property Rents Are So High Even With High Vacancy and Low Demand

Commercial space rents can remain high despite high vacancy rates and lower demand for several interconnected reasons, many of which are tied to the economic structure of the real estate market. Here’s why rents may stay elevated: 1. Fixed Landlord Costs 2. Impact on Property Valuation 3. Lease Structure and Long-Term Contracts 4. Inflation and

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