News and Updates

NEWS AND UPDATES FOR COMMERCIAL TENANTS IN THE MARKET

Why Landlords Only Want Tenants to Focus on Lease Rate

The average lease contains 25,000 words, so why do many tenants only focus on one? Rate. Landlords focus tenants on the rate, and as a result, the rate is the most common term tenants and their business advisers focus on when discussing their leases with each other. Tenants need to go beyond landlord marketing tactics ...
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A Successful Lease Negotiation is more like Calculus than Basic Math

Think back to high school math; it probably started with algebra and ended with calculus. Up until calculus, your math homework may have been easy; if you were so inclined, you could look up the answer in the back of the book and be done with it. This easy road came to dead end, however, ...
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Five Things You Can’t Afford To Overlook Before Signing Your Lease

When it comes time to sign a lease on new office space, you’ve undoubtedly put considerable thought and countless hours into finding the perfect space. You have every reason to be excited about signing the lease and getting the show on the road. However, in your excitement, it’s vitally important to be certain that you ...
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Tenant Representation: A Serious Hiring Decision

Most companies and organizations undergo a thorough process for selecting an employee. Whether for the position of Chief Financial Officer or Receptionist, a carefully designed evaluation is conducted. Hire slowly and fire quickly, as the saying goes. So why should the decision to hire a tenant representative to manage a process encompassing your second largest expense be any ...
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New Standards For Measuring Office Space: Who Will Really Benefit?

Later this month the International Property Measurement Standards Coalition is scheduled to announce a single measurement system for the global office market. Theoretically, this will combat discrepancies in the ways that office space is measured, and level the playing field for landlords and tenants. Sounds great, right? According to the Wall Street Journal: “The Standards ...
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Out of the Basement and Into a High Rise

When to take your startup to the next level (and pitfalls to avoid) These days, countless millennials and young professionals are preferring to start a company rather than going to work for someone else’s company. Need proof? Entrepreneurial rates are soaring above those of the dot.com (boom and subsequent bust) era of the late 1990’s ...
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