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How You Pay For Your Common Area

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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Death of the Net Lease

In this article, you'll learn: How net leases transfer risk to tenants and lead to cost uncertainty. The growth of space-as-a-service for flexible, all-inclusive leasing. Why gross and clear leases offer more predictable costs for tenants. The shift toward landlords assuming more risk and providing tenant stability. Many years ago, rent was simple. A business […]
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Why Opportunity Zones Are Appealing to CEOs

In this article, you'll learn: How your business can benefit from new developments in opportunity zones. The tax advantages of investing capital gains in opportunity zone properties. Key requirements to qualify for opportunity zone tax benefits. How CEOs can personally invest in opportunity zones for added benefits. Opportunity zones have been around since the passage […]
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Multi-Tenant vs Single-Tenant Occupancy

In this article, you'll learn: Key location differences between multi-tenant and single-tenant buildings. How co-tenants can impact your business experience in both types of spaces. The level of control and customization available in single-tenant occupancy. How building type influences company culture and daily operations. While one look at your community's downtown and its high-rise might […]
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Load Factors and Common Area Charges: A Tenant’s Best Friend?

In this article, you'll learn: What load factors and common area charges are in commercial leases. How these charges are calculated and added to your rent. Why shared building amenities can save you money through economies of scale. How load factors can provide valuable building features at a low cost. When you lease commercial real […]
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Is a Short-Term Lease is for You? 5 Short Term Lease Benefits

In this article, you'll learn: How short-term leases offer flexibility for adjusting space and location. Potential cost savings on capital expenditures and occupancy. Accounting benefits by keeping short-term leases off your balance sheet. Why short-term leases are ideal for growth or relocation plans. One of the most important decisions that business owners will make will […]
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Heather Smith

Herrington Editor Post Blog

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