In this article, you'll learn:

• How to analyze lease data and space utilization for optimization.
• Methods to compare and benchmark space performance.
• Strategies for managing lease expirations, negotiations, and exits.
• The importance of tenant representatives in the optimization process.

Commercial real estate optimization is both a process and a way of doing business. It spans multiple disciplines but has two primary goals -- lowering your overall occupancy cost while also improving the productivity of your company's space.
 
The first step in the process is to conduct a detailed analysis of your company's entire portfolio. The analysis starts by looking at basic lease data like rents, CAMs, utility and other costs, and space sizes. A careful date analysis, spanning commencement, anniversary, expiration and option dates also follows.