News and Updates

NEWS AND UPDATES FOR COMMERCIAL TENANTS IN THE MARKET

Are Tenants Entitled to Some Free Rent Courtesy of COVID?

When state governors across the country issued stay-at-home orders over the past several months, office tenants scrambled to find copies of their office leases to see if they were obligated to pay rent while being denied use of their space. In most cases, tenants found no contractual right to suspend rent payments even though the ...
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Five Reasons Law Firms May Not Adopt Hoteling

Even before COVID-19 kicked us out of our offices and made us realize that we could work effectively from home, law firms had for years been shedding significant amounts of office space as they became more efficient and cut back or eliminated obsolete functions. The question now is, will the new work from home (WFH) ...
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The Future Office: A Crystal Ball or Alarm Bell?

This article was written by our partners at Solved, Netherlands. It seems everyone these days is a “futurologist.” Soon, when we can go back to the office completely because a vaccine has been found, the “6-foot society” will be stripped of all coronavirus rules and stickers. The world will look different; what does that mean ...
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The Reports of the Death of the Office Are Greatly Exaggerated

The relative success with which many companies have transitioned into virtual workplaces during this pandemic has many predicting the death of office space. This couldn’t be further from the truth.  In fact, without the critical time spent together in the office developing important personal relationships and unifying corporate cultures, many companies would not be able ...
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How Your Landlord Will Approach a Rent Relief Negotiation During the COVID-19 Crisis

The COVID-19 pandemic is causing businesses to scramble and find ways to stay afloat until things return to “normal.” With limited ability to control their revenues, companies are turning their attention to the expense side of their ledger. Because real estate represents one of the largest line item expenses for many businesses, and these businesses ...
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Don’t Overreact to COVID-19 When Your Employees Return to Work

Over the coming weeks, executives are going to be inundated with articles and white papers telling them that, to survive in the post COVID-19 business world, they are going to need to completely change their space, their furniture and their employee densities. Already we are being told by furniture vendors, designers and brokerage firms that ...
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House [Office] of Cards Awaiting With Tenant Build-Out Projects

You signed your lease in January and your current lease expires in November. Plenty of time to design your space, pull permits and be into the new digs by mid-October with plenty of room to spare. Everything is going great until…COVID-19.  Everything shuts down. What happens now? If you think about commercial leasing or even ...
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Exis Adds Best-in-Class Partner Firms in DC, Denver, Montreal & Calgary

Exis is excited to announce the addition of three new partners to add to our growing world presence: Benchmark Commercial (Denver), Landmark Advisory Services (Montréal and Calgary), and The Tenant Agency (Washington, D.C. – who replaced former partner The Ezra Company). Exis is a platform for best-in-class independent tenant representation firms that collaborate to provide ...
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