Operating Expense Definition – This is where the rubber meets the road. When the landlord is calculating operating expenses, this portion of the lease will dictate what is and isn’t allowed in the calculation, and will be relied upon should a dispute arise. This language should be thorough, concise, and clear.
Category: tenant representation
Our monthly “Get to Know…” posts provide the opportunity to learn more about our global, leading tenant representation member firms – what sets them apart as best-in-class in their markets, the expertise they offer their clients, and the value they provide during every stage of their clients’ journey to find the perfect space for their…
One client we recently worked with was extremely dedicated to sustainability. The ideas and solutions we provided aren’t unique in their method to addressing sustainability; however, the strategies that they implemented are ones we continually provide to our clients during the design phase of their build outs.
Corporate tax issues have been the center stage this year as President Trump has implemented sweeping federal tax reform in the United States. Despite these federal changes, it remains critical to evaluate state tax conditions during the site selection process to identify a tax-friendly location for your company.
Spring4 has been expertly servicing clients’ real estate needs in the London, UK region since 2002. They advise a variety of tenants throughout the UK with a specific focus on financial and insurance companies. They’re passionate about tenant representation because it ensures their clients get the very best deal through impartial, expert advice, and “It is also a lot of fun as we come across so many different people, sectors and cultures.” Learn more about our London partners.
Over the past year and change, the commercial real estate industry has widely evolved and along with it, the process of securing space for tenants. A number of our global, 100% tenant representation members describe here the changes they’ve encountered working with tenants in their regions – from the increase of co-working spaces, to high demand and creative build-out requests, to the effects of Brexit, and more.
When there are hundreds of thousands or even millions of dollars at stake in a long-term, generally fixed contract that houses the operations of your multi-million or multi-billion-dollar enterprise, preparing for relocation or renewing a lease is like preparing for your own Super Bowl. To achieve a victory, you must have the right team in place and that team—including you, the decision-maker—needs to be prepared.