(844) WE-OPT-CRE

COVID-19 and Your Office Renewal

COVID-19 and Your Office Renewal

What You’ll Learn from the Article:: The impact of less collaboration in virtual work environments and why it's not as effective as in-person interactions. Challenges of reduced management control when employees work remotely. Risks of reduced employee retention in a virtual workspace. Why returning to the office can be a key solution to these challenges […]
Continue Reading

COVID-19 & the Force Majeure Clause in Leases

What You’ll Learn from the Article: The definition and implications of the force majeure clause in commercial leases. Whether COVID-19 qualifies as a force majeure event and how that depends on lease language. The importance of consulting legal experts to interpret your lease's force majeure clause. How landlords may be willing to negotiate rent or […]
Continue Reading

Should You Sublease Your Office Space?

In this article, you'll learn: How subleasing can help you save money on office space. Why subleasing may be your only option in fully leased buildings. The benefits and potential challenges of taking over an existing lease. How subleasing can offer short-term flexibility with opportunities for lease extensions. Believe it or not, the leasing market […]
Continue Reading

Tips When Touring Commercial Office Space

In this article, you'll learn: Key considerations like location, space, and costs when selecting an office. The importance of touring with a tenant rep broker for expert insights. Essential questions to ask and details to check during tours. How to evaluate parking, office appeal, and overall suitability. Choosing the right office space for your business […]
Continue Reading

Should You Still Consider Coworking Space?

In this article, you'll discover: Benefits of coworking spaces: flexibility, cost-effectiveness, and unique culture. Space-as-a-service for customizable and permanent office solutions. WeWork’s issues have minimal impact on the broader coworking industry. Coworking spaces remain relevant for companies, freelancers, and landlords. As 2020 gets off to a start, the coworking industry is coming off of a […]
Continue Reading

Designing an Office Layout? 13 Floor Plan Tips for Commercial Space

In this article, you'll learn: How to use data and plan for sufficient space in your office layout. Tips for enhancing communication and optimizing office navigation. The importance of designing flexible and adaptable office spaces. Key considerations for technology and furniture to meet future office needs. Happy employees are productive employees. When companies want to […]
Continue Reading

What To Know About Rent Escalation Clauses in Your Office Leases

In this article, you'll learn: Types of rent escalation clauses like stepped and pass-through increases. How direct operating costs can affect rent during the lease term. The impact of CPI-based escalation and how it links rent to inflation. Strategies to negotiate favorable rent terms during lease renewals. For a growing business, renting an office space […]
Continue Reading

Can the Coronavirus be the End of Coworking Space?

In this article, you'll discover: The increased health risks in coworking spaces due to high density and shared surfaces. Challenges in managing COVID-19 outbreaks and maintaining safety in coworking environments. The shift towards remote work or social distancing as safer alternatives. The balance between the benefits of flexibility and collaboration versus the health risks in […]
Continue Reading

7 Reasons Why Office Optimization is Important

In this article, you'll learn: How office optimization cuts costs and boosts productivity. Why collecting data on office spaces helps with better decision-making. How poorly optimized spaces affect morale and efficiency. Why office optimization is essential for FASB compliance. Office optimization accomplishes more than just saving your company money on its expensive commercial real estate. […]
Continue Reading

Tenant Improvement Allowance: Negotiating The Best Terms

In this article, you'll discover: The impact of choosing between turnkey improvements and a set dollar tenant improvement allowance. How landlord involvement in construction can affect your allowance. The importance of accurate space measurement for maximizing your allowance. Tips for negotiating tenant improvement allowances and managing the construction process. When tenants negotiate leases, they frequently […]
Continue Reading

Knowing the Different Types of Commercial Leases

In this article, you'll learn: The difference between direct leases and subleases, and their advantages. How short-term and long-term leases impact flexibility and costs. The key differences between gross and net leases regarding expenses. The importance of reading your lease to avoid hidden costs. Commercial real estate leases aren't created alike. $20 a foot isn't […]
Continue Reading

Latest Posts

Heather Smith

Herrington Editor Post Blog

Cras ac porttitor est, non tempor justo. Aliquam at gravida ante, vitae suscipit nisi. Sed turpis lectus tellus bibendum viverra.

Subscribe Newsletter

Sign up to receive notifications about the latest news and events from us!

Categories

Popular Tags