Occupancy Costs

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How Corporate Tenants Can Negotiate Rent Relief

In this article, you'll learn: How reviewing your lease can reveal clauses for rent relief Why open communication with your landlord is essential for negotiating Key documents, like business plans and financials, to prepare for negotiations How local funding options can support your rent relief efforts With the recent outbreak, it is getting harder for […]
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5 Commercial Real Estate Concerns You Should Know

In this article, you'll learn: The importance of hiring a tenant representative broker for your office search. How to balance lease terms with flexibility and negotiation power. Additional costs beyond rent, like Common Area Maintenance and utilities. The impact of office space location and layout on employee morale and productivity. When you're in the process […]
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Solutions for a Cost Efficient Corporate Real Estate Strategy

In this article, you'll learn: Ways to cut costs for long-term leases, like auditing expenses and upgrading energy efficiency. How to manage short-term leases to reduce costs or plan a move. Benefits of appealing property taxes and finding sublease tenants. Tips for negotiating with landlords and exploring market alternatives. If you’re part of a company […]
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3 Things Every Tenant Should Be Aware of in Expense Reconciliations

In this article, you'll learn: How to compare current OPEX with the base year costs. The impact of gross up provisions on your expenses. The importance of promptly notifying landlords about any reconciliation errors. Generally, commercial landlords send out operating expense (OPEX) reconciliation statements for the prior year 90 to 120 days after the end […]
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