Office space choices shape cost, safety, and daily operations for any growing company that signs a commercial lease. A lease locks in rent, extra fees, build out duties, and usage rules for several years at a time. One poorly written clause can drain cash or block growth, even if the base rent number seems fair… Read More »
In today’s volatile commercial real estate landscape, businesses face mounting pressure to make smart, cost-effective decisions about where and how they work. While traditional leasing strategies still hold value, the emergence of artificial intelligence (AI) is fundamentally reshaping the way companies find and negotiate office space. Yet even the most sophisticated algorithms can’t replace the… Read More »
An inside look at the real estate brokerage Business The real estate industry nowadays is dynamic and fast-paced. The office space market is in flux. Business is changing how they use office space. Because of this, a lot of brokers are struggling to keep up with it’s demands. Due to the industry’s ever-changing landscape, brokers… Read More »
Most people nowadays prefer renting a property instead of buying a new one. It may not be ideal, but it offers some attractive advantages, such as zero maintenance costs and repairs, no real estate taxes to pay, and no hefty down-payment to provide. In addition, it offers flexibility for people to choose where to live… Read More »
Looking for new office space in an area you’re unfamiliar with can be time-consuming or even costly. Going for the landlord representatives will leave you with a little helpful information because they have the landlord’s best interest at heart. Your best option is to work with a tenant representation firm to ensure you get the… Read More »
Suburban and downtown Chicago are thriving communities with lots of potential for businesses. The central location makes the city a hub of activity and a prime workspace location. It’s no wonder that it’s a desirable area for business owners looking to rent offices. If you are interested in leasing office space downtown or in the… Read More »
Leasing office space requires a lot of work. It is not easy. There are many things that need to be considered before choosing the best location for your business. Most businesses lease their space and need to deal with a commercial lease. While it is essential to select the best location that will benefit you… Read More »
Real estate investing can be an incredible opportunity for any savvy investor who wants to stay away from the volatile stock market. Here is a quick overview of what to consider. Commercial real estate generally refers to office, industrial, and retail, while multifamily and single-family units come under residential. Real estate offers tremendous possible benefits… Read More »
The workscape today varies vastly from 10 or 20 years ago, with around eight million people working from home part of the week — a fact that is indicative of the big changes that ubiquitous connectivity have brought to all sectors. The Internet, new software and new hardware have made it easier for companies to work in a… Read More »
It’s time to make that big move, a larger rented office space. This is good news, because it means your business is growing, but it’s a frightening prospect, to take on that much more commitment and responsibility. You know, when you were purchasing the house that you now live, that the services of a realtor… Read More »
An interview with Fred Schmidt, Chief Operating Officer of Coldwell Banker Commercial Affiliates on their recent survey about employee workplace preferences. Intro: On this call today we have Fred Schmidt, Chief Operating Officer of Coldwell Banker Commercial. We also have James Osgood the founder of OfficeFinder. They will be discussing the CBC Survey Results on… Read More »
So, you are getting near the end of your office lease and considering your options. One of those is to move to a new office location, but that is a lot of work and your current space fits you well. The other option is doing an office lease renewal at your current office lease. Many… Read More »
Leasing office space is a significant investment for your business. This is why it is very important to make sure you avoid making mistakes that will cost you a lot of money. The following are 3 common mistakes made when leasing office space and how to avoid them. Lack of planning. A lot of tenants… Read More »
Whether you have 10 or 100 employees, as a small business owner you know that finding the right space for your company is crucial for its continued success. There are many things to consider. That is where a good tenant rep comes in. Making sure you don’t miss anything crucial. Among those considerations there are… Read More »
Earlier this month, an exciting, new skyscraper in NYC in the making, the West 57th Street Tower, captured architectural news headlines, including Architectural Digest. What catapulted the proposed design into the limelight? For one, the building is slated to eventually dominate one of the New York City’s most iconic skylines, Downtown Manhattan. Its exterior is… Read More »
Leasing office space involves more than just thinking about location, price, and size. You have to find a space that meets those needs, but there are also many other considerations that you must factor into your decision so you can avoid mistakes when leasing office space. A good tenant representative, like the ones we have at… Read More »
When it comes to scouting out a new office space location, you may be in the mood to hit the ground running full speed ahead. Whether you have a small start-up company or you employ thousands, choosing an office space should not be taken lightly. We have put together a list of a few common mistakes… Read More »
There are a lot of commercial real estate broker who will tell you how great they are at helping tenants find and lease office space. A tenant’s office leasing broker is known as an office tenant representative and plays a similar role as the buyer broker does in residential transactions. They represent your best interests… Read More »
It goes without saying that everyone wants to get the best possible deal when they lease office space. There is a definite process that is followed when searching and negotiating for office space. Here are the five most important keys to getting the best deal on your next office lease. While it may seem self-serving… Read More »
Making a bad decision when it comes to choosing office space can have negative repercussions for any business, including loss of customers and a big impact on your bottom line. As many landlords prefer three to five year leases, it’s essential to know what you’re looking for before you lease office space and sign on… Read More »