What Percentage of Your Sales Can You Expect to Go for Rent?

April 15, 2016

If your business makes $1 million per year, that’s terrific. But if your annual rental costs for your prime commercial real estate is $999K, your profits are suddenly not all that great. While our example may be a bit far-fetched, it’s not unusual for businesses to end up with leases that constantly gobble up a […]


Commercial Space Rental: Evolution of Retail Neighborhoods

April 7, 2016

Lively neighborhoods are a real estate dream. Apartment residents love the short walk to restaurants, shops and other services. Businesses love the steady stream of shoppers and clients that populate the streets. And building developers are so keen on the concept that they’re consistently erecting new apartment buildings in urban and semi-urban neighborhoods with retail […]


How Long Does It Take to Lease a Commercial Space?

April 5, 2016

Even if you’re itching to get out of your existing office space tomorrow, your actual move to a new space will take a shade more time. In fact, the commercial leasing process can last anywhere from several weeks to a full year, depending on the length of each of the multiple steps you’ll need to […]


How to Investigate Your Prospective Commercial Landlord

March 25, 2016

When it comes to renting commercial space, landlords are always investigating prospective tenants to help ensure there will be no unpleasant surprises. And nothing says tenants can’t do the same before signing a lease and moving in. Landlord Credit Check A building owner’s creditworthiness is extremely important, especially in an economy where major real estate […]


Beware of the Commercial Lease’s ‘Escalation Clause

March 17, 2016

Unless your company is getting a short-term lease, your commercial lease is most likely going to include what is known as an escalation clause. This clause automatically increases the amount of your base rent over the years, with the premise of paying for increases in the costs related to the building. While such clauses are […]


Commercial Leasing: Usable Areas vs. Rentable Areas

March 10, 2016

When it comes to evaluating your new office space, one of the first things you determine is the total rentable square feet. If you’re looking at a 2,000-square-foot office space, you should expect to pay rent for 2,000 square feet of space, right? Not so fast. The 2,000 square feet may indeed be the size […]


Commercial Real Estate: Getting the Right Lease Type

March 8, 2016

Getting a supreme deal on your next commercial real estate lease can largely depend on the type of lease you get. Commercial real estate leases come in three basic types: gross, net and modified gross lease. Gross and net refer to two different ways your rent can be calculated. Gross Lease This lease typically involves […]


How to Compare and Analyze Your Top Prospective Commercial Properties

March 1, 2016

Let’s say you’ve found a handful of really hot prospective commercial properties, each of which would be ideal for your business – or so you think. One way to really hone in on the winners is to quickly eliminate the losers, something you can do with a comparative analysis. Using an electronic spreadsheet, you can set […]


First Step in Corporate Leasing: Planning for Your Office Needs

February 19, 2016

When it comes to leasing the ideal office space, corporate tenants aren’t most often foiled by lack of budget or available properties. Perhaps surprisingly, what gets many of them down is lack of planning. Planning is crucial to ensure your new space meets your specific business needs, both now and down the line. And it […]


How Open Office Environments Can Kill Productivity

February 18, 2016

The trend of open office environments is quickly killing off the traditional cubicle, but they could also kill employee productivity unless they’re set up right. Noise, nearby activity and other interruptions make employees lose an average of 2.1 hours of worktime per day, according to a Basex Research report. That adds up to more than […]