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The Pros and Cons to Coworking Space

The Pros and Cons to Coworking Space

In this article, you'll learn: The networking and cost-saving benefits of coworking spaces. Flexibility and amenities coworking offers for start-ups and small businesses. Potential drawbacks like limited privacy and space for growth. Risks of sharing space with competitors or clashing company cultures. Start-ups and small businesses are increasingly looking toward coworking for the office space […]
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3 Ways to Optimize Your Office Space

In this article, you'll learn: How to gather data to optimize office space effectively. Strategies to increase space efficiency, productivity, or reduce excess office space. Key considerations when moving to a new office for better optimization. Office optimization lets you squeeze more value out of your company's commercial real estate. While there are a lot […]
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What is Office Optimization?

In this article, you'll learn: How to collect and analyze office data for optimization. The importance of building cost and productivity models. Key metrics to evaluate office use and performance. Strategies to execute office optimization through resizing, moving, or renegotiating leases. Imagine if your company's portfolio of offices cost as little as possible while generating […]
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9 Things to Look for When Touring Warehouse Space

In this article, you'll learn: Essential features to check like ceiling height, flooring, and loading docks. Importance of security, climate control, and wiring. Evaluating parking, connectivity, and extra spaces like offices. With major online retailers like Amazon now offering one to two day free shipping, business of all sizes are feeling increased pressure to ship […]
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5 Steps to a Successful Commercial Lease Negotiation

In this article, you'll learn: The importance of having a tenant representative during lease negotiations. How market research can give you leverage in negotiations. The need to clearly define your company's requirements before negotiating. Strategies for maintaining flexibility in a long-term lease. Many business owners are surprised by how complex and lengthy the commercial lease […]
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Should You Sublease Out Your Extra Office Space?

In this article, you'll learn: How subleasing works and the steps to get started. Reasons tenants opt to sublease for financial relief. Potential risks and challenges of subleasing. Key considerations before deciding if subleasing is right for you. When you sign a lease for office space, you're generally stuck with it. Most lease contracts are […]
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8 Office Design Tips for Productivity

In this article, you'll learn: How to design spaces that encourage collaboration and focus. The importance of a comfortable climate and plenty of natural light. How plants and lively decor can boost morale and productivity. The benefits of adjustable furniture and encouraging movement. Environment obviously has a big impact on workers' performance, so even the […]
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9 Tips When Negotiating Your Commercial Lease Renewal

In this article, you'll learn: How to prepare for a successful lease renewal negotiation by starting early. The importance of using a tenant rep broker to advocate for your interests. Why having a backup plan is essential in case negotiations fall through. Landlords don't expect prospective tenants to sign the first draft of the commercial […]
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The Different Types of Leases in Commercial Real Estate

In this article, you'll learn: The key differences between full-service, triple-net, and modified gross leases. How lease types impact your overall cost in commercial real estate. Why reading the fine print in lease agreements is crucial. How tenant representatives can help navigate lease negotiations. When it comes to leasing office space, $30 per square foot […]
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Space-as-a-Service: Is It Right For You?

In this article, you'll learn: What space-as-a-service is and how it simplifies office setup. The flexibility and convenience it offers for scaling your workspace. The potential cost drawbacks and tradeoffs of using space-as-a-service. How this trend reflects a broader shift towards tenant-friendly commercial spaces. Space-as-a-service is the concept of commercial real estate space that is […]
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Square Footage: What to Know About Usable & Rentable Square Footage

In this article, you'll learn: The difference between usable and rentable square footage. How rentable square footage is calculated and its impact on costs. How to assess a building's efficiency through its load factor. Tips for minimizing occupancy costs by choosing more efficient buildings. When it comes to most office buildings, the space you lease […]
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Heather Smith

Herrington Editor Post Blog

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