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Don’t Let Real Estate Costs Sink Your Business
You (and everyone else) want the absolute best space they can for the lowest price possible. Attractive curb appeal, great visibility, signage opportunities, at a low price. As the captain of your ship, make sure that you are looking at what lies beneath the surface while navigating the economic waters. A simple lease transaction could…
How Tenant Rep Brokers Level the Playing Field
Tenant Representation Brokers Know the Cards and How They are Played We are full time commercial real estate experts that have landlord and tenant rep experience. We have been on both sides of the table and know how to achieve goals for our clients with a track record to prove it! We fully understand the…
Common Area Defined
Common Area defined For lease purposes, common area is defined as the areas of a building that are available for the nonexclusive use of all its tenants, such as lobbies, corridors, and parking lots. Common Area Maintenance (CAM) Common Area Maintenance (CAM) charges are charges that are paid by the tenant for the upkeep of areas designated…
Understanding Commercial Building Classifications
Class A Class A buildings are the most prestigious of buildings–competing for premier office users with rents above average for the area. Class A buildings have high quality standard finishes, state of the art systems, exceptional accessibility and a definite market presence. Class B Class B buildings compete for a wide range of users with…
How to Project Total Cost of an Expansion or New Space (Office, Industrial, Retail)
Are you trying to decide whether or not you should lease space? Whether this is your first or 50th location, this guide will give you insight on how to work with your WorkSpace Agent to get the answers you need to move forward (or not move forward) with confidence. Considering Real Estate cost is second…
Understanding NNN Leases Part 2
How do we control cost? If your looking at this post, you have probably experienced the unexpected rent increases as a business owner. Tenants do not want the volatility or extra burden that a NNN lease brings to the table. Here are a few ways to control NNN cost. Prioritizing NNN in your negotiation strategy…