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iOptimize Realty® | AI-First CRE Software for Enterprise Teams
iOptimize Realty® | AI-First CRE Software for Enterprise Teams

27 Commercial Real Estate Terms You Should Know

27 Commercial Real Estate Terms You Should Know

In this article, you'll learn: Key terms like assignment, CAM, and base year that impact your lease. How rent escalations and CPI adjustments affect your rent costs. The importance of tenant improvements and allowances in lease negotiations. Understanding triple net leases and usable vs. rentable square footage. Commercial real estate can be complex. It also […]
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5 Modern Office Building Technologies

In this article, you'll learn: How cellular boosters improve mobile signal strength in offices. The use of proximity sensors for automating tasks and tracking movements. How smart elevators enhance safety and reduce exposure. The benefits of adaptive HVAC and lighting for a more comfortable workspace. Office buildings aren't just spaces to work anymore. Instead, they're […]
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Tips for Getting the Best Office Deal By Creating Competition For Your Tenancy

In this article, you'll learn: How cellular boosters enhance signal strength for better connectivity. How proximity sensors improve automation and track movement. How smart elevators increase safety and reduce exposure risks. The benefits of adaptive HVAC and lighting for comfort and efficiency. Sometimes, the process of leasing office space can seem like it is is […]
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Will COVID-19 Kill Workplace Culture?

In this article, you'll learn: How workplace culture is defined and why it matters, even in a remote setting. Key questions to help define your company's unique culture. The challenges of maintaining workplace culture in a virtual environment. How embracing video communication can help reinforce culture remotely. Strategies for protecting and sustaining workplace culture during […]
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Pros & Cons to Signing a Long-Term Commercial Lease

What You’ll Learn from the Article: Benefits of signing a long-term commercial lease, including rent abatement, tenant improvement allowance, and increased negotiation power. How a long-term lease provides stability and potential for expansion. Drawbacks like complex negotiations, lack of flexibility, and greater risk. The potential for increased maintenance costs and missed opportunities with a long-term […]
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5 Tips for Suburban Office Site Selection During COVID-19

In this article, you'll learn: Why single-floor buildings are preferred during COVID-19. The importance of starting the site selection process early. The need to ensure technology infrastructure meets business needs. The Covid-19 pandemic has affected office site selection and relocation. Some corporations have already announced that they won’t be reopening their offices until mid-2021. While […]
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Important Commercial Real Estate Terms You Should Know

In this article, you'll learn: Key commercial real estate terms like effective date and square footage Differences between gross and net leases The significance of CAM charges and rent escalations The importance of renewal options in your lease agreements Like many industries, commercial real estate has a language that is all its own. Getting to […]
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7 Tips to Getting a More Productive Workplace

In this article, you'll learn: How choosing the right location can impact employee productivity Why balancing open and private spaces is essential for focused work The importance of reliable technology and lighting for a productive office How office layout, collaboration areas, and decor can boost productivity Productivity has a dramatic impact on your bottom line, […]
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Will COVID-19 Kill The Coworking Office Model?

In this article, you'll learn: The rise of coworking spaces and their popularity among freelancers and startups. COVID-19's impact on coworking, leading to declines in usage and revenue. New safety measures in coworking spaces, such as social distancing and sanitation. The evolution of coworking spaces to offer more private, spacious setups post-COVID. The recent outbreak […]
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6 Tips When Downsizing Your Office Space

In this article, you'll learn: How to define your goals and plan for downsizing Tips for maintaining safety and social distancing in a smaller space Ways to repurpose common areas and rethink workspaces The importance of creating private spaces for employees For many companies, downsizing your office space can be an excellent way to control […]
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Decision Making Process Tips for Commercial Real Estate

In this article, you'll learn: How tenant reps understand your business needs for real estate decisions. The process of surveying the market to find suitable spaces. How tenant reps help execute negotiations and secure the best deal. The ongoing services tenant reps provide throughout your lease life cycle. One of the biggest challenges that businesses […]
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What to Know About Common Area Maintenance (CAM) Fees

In this article, you'll learn: What Common Area Maintenance (CAM) fees are and how they are calculated. The potential hidden costs and how landlords adjust CAM fees annually. What expenses are typically included in CAM fees for various commercial spaces. Steps to control CAM costs, including double-checking calculations and requesting audits Common area maintenance fees, […]
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Heather Smith

Herrington Editor Post Blog

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