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Where is Office Space Headed?

Commercial Leasing During COVID-19: Direct vs Sublease

In this article, we explore: The key differences between direct leasing and subleasing commercial space. The benefits of subleasing, such as flexibility and cost savings, especially in a market impacted by COVID-19. How COVID-19 has amplified the pros and cons of subleasing for tenants. Why long-term commitments in direct leasing may also offer significant advantages […]
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Checklist When Looking for Sublease Space During COVID-19

In this article, you'll learn: How to negotiate great sublease rates during COVID-19 The importance of finding spaces with existing build-outs and ample parking Key considerations for maintaining social distancing and safe entry Why having a flexible sublease and a tenant rep is crucial for success As businesses try to assess both what they need […]
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Should You Sublease Your Space During COVID-19?

In this article, you'll learn: Key considerations before deciding to sublease your office space Benefits of subleasing, like reducing costs and keeping your space for future use Drawbacks of subleasing, such as responsibilities and complex contracts Alternative options to subleasing, like early termination or lease assignment In the age of COVID-19, many companies are finding […]
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Senate Bill 939, COVID-19, and Break Lease Deals

In this article, you'll learn: The Overview of Senate Bill 939 and its implications for commercial tenants in California. The Challenges and criticism of the bill leading to its eventual failure. The importance of negotiating lease terms rather than breaking leases during economic hardship. How tenant representation can help avoid lease breaks through strategies like […]
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Best Business Practices For Corporate Tenants During The Pandemic

In this article, you'll learn: How to evaluate your current financial position for informed decision-making The importance of communicating with banks, insurers, and stakeholders Best options for engaging employees and maintaining productivity The benefits of working with a tenant broker for future strategies Big changes are already taking place during this pandemic. As companies are […]
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What Will Office Layouts Look Like After COVID-19?

In this article, you'll learn: How social distancing and visual cues will reshape office layouts The shift away from open office spaces to enclosed or divided workstations Changes to office traffic flow, wider hallways, and redesigned conference rooms New features like hand hygiene stations and wellness check areas Businesses developing re-opening plans following COVID-19 lockdowns […]
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Will Tenants Have the Upper Hand in a Post-Coronavirus World?

In this article, you'll learn: How the COVID-19 pandemic has shifted negotiating power to tenants Why commercial landlords are offering flexible lease terms and rent relief Opportunities for tenants to negotiate favorable lease terms and perks The importance of working with a tenant rep to secure the best deals During the current COVID-19 pandemic, fewer […]
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A New Way To Work: Business Life During and After COVID-19

As a result of the coronavirus, the workplace will never be the same. Winning organizations will be those that shift their focus from employers to employees, integrate digital work, and enable collaboration. It is said that many organizations are still applying business practices from the industrial age. If that is true, this pandemic may eliminate […]
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Large Brokerages, Small Towns: The Disconnect

In this article, you'll learn: How COVID-19 has shifted office space demand from cities to suburbs The challenges companies face with city office spaces post-pandemic Why large brokerages may struggle with smaller town locations How iOptimize Realty® provides expertise and flexibility in secondary markets Not long ago, Fortune 500 companies headquartered in sprawling suburban and […]
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COVID-19: Changing the Landlord-Tenant Relationship

In this article, you'll learn: How COVID-19 has reshaped the landlord-tenant relationship The importance of cooperation in negotiating lease adjustments Shared safety concerns and new protocols for office spaces The role of government support in easing financial pressures for both parties The COVID-19 pandemic has created widespread change throughout the world, impacting the way we […]
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Heather Smith

Herrington Editor Post Blog

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