The balance of power has definitely changed. White collar workers are proving they can work remotely for the last 5 months. What does this mean for your office space negotiation? More space available means more power for tenants when negotiating with their commercial...
Avoid Management by Lease In an ideal world, commercial tenants would work with both internal and external stakeholders to determine how much space they need before looking at properties. Management would go through a strategic planning process to figure out where the...
Rentable Space or Usable Space? As many tenants know, rents have been rising. The stock market peaked in May (and is threatening a new high again), and according to regular cyclical patterns, it is set to continue rising for another year or two. Continued increases in...
When Does a Lease End? The best time to leave a property is upon expiration of the lease term, but there is always room for negotiation. Several months ago, a client (the tenant) had a lease that was close to expiration. The tenant was about to sign a lease for a...
How Executive Real Estate Decisions are Made When corporations are looking for office space, they typically start by casting a large net. This involves taking the interests of all key players into consideration before narrowing down the choices. For example, we...
