Office Space

Office Space

March 26, 2020
Don Catalano

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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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. […]
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Office Relocation Survival Guide for Corporate Tenants

In this article, you will learn: How to communicate your office relocation plan effectively. The key steps and timelines for a smooth move. Tips for overcoming relocation challenges. The opportunities and risks of relocating to a new market. One of the upshots of optimizing your company's corporate real estate portfolio is that you will probably […]
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Commercial Building Class 101

In this article, you'll learn: The differences between Class A, B, and C commercial buildings. What distinguishes Class A buildings, including amenities and cost. Why Class B properties offer a balance between price and quality. How location and market competitiveness affect building classification. Like most people's grades in school, buildings typically get classed as A, […]
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How the IoT Can Benefit Your Office Space

In this article, you'll learn about: Reduced energy consumption through smart lighting and thermostats. Enhanced office efficiency by automating routine tasks. Boosted employee morale and productivity with a more comfortable work environment. Improved safety with smart security systems and access control. The Internet of Things or IoT is making all types of spaces smarter from […]
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