Office Space

Office Space

February 9, 2022
Don Catalano

3 Ways to Save Big When Occupying Space in NYC

In this article, you'll learn: How relocating from NYC can save on rent and operating costs. The benefits of right-sizing your office space to reduce expenses. How renegotiating with landlords can further cut costs. The overall impact of the three R's (Relocating, Right-Sizing, Renegotiating) on your CRE portfolio. Real estate is typically an organization’s second […]
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Should I Renovate Or Relocate My Commercial Space?

It’s the age-old question tackled by nearly every HGTV show: Do you renovate your existing space or cut your losses and relocate? Articles are available exclusively for iOptimize Realty® subscribers. Want to continue reading? Sign up below using your business email for access. Create an Account perm_identityperm_identityemailvisibility Have an account? Login
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What is a Tenant Improvement Allowance?

Are you looking to move your business to a new commercial space? Do you know exactly what features would be in your perfect building? Articles are available exclusively for iOptimize Realty® subscribers. Want to continue reading? Sign up below using your business email for access. Create an Account perm_identityperm_identityemailvisibility Have an account? Login
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Should I Right Size My Commercial Real Estate?

If you have been tasked with your company’s corporate real estate portfolio, it may be wise to consider how you are utilizing your space as an organization.  Articles are available exclusively for iOptimize Realty® subscribers. Want to continue reading? Sign up below using your business email for access. Create an Account perm_identityperm_identityemailvisibility Have an account? […]
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5 Benefits of Moving Your Company to a Business-Friendly Red State

As of December 2021, Elon Musk moved the Tesla headquarters from Palo Alto, California to Austin, Texas, and it doesn’t take a rocket scientist to understand why.   Articles are available exclusively for iOptimize Realty® subscribers. Want to continue reading? Sign up below using your business email for access. Create an Account perm_identityperm_identityemailvisibility Have an account? Login
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7 Ways Your Office Might Look Different in the New Normal

Most experts agree that COVID-19 is likely to become endemic, meaning businesses will have to plan for potential outbreaks in years future. The pandemic has also taught companies the importance of being prepared for new viruses that may emerge in years to come. As a result, businesses are dramatically rethinking their office designs to meet […]
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5 Ways to Walk Away From Your Office or Warehouse Lease at a Minimal Cost

When you sign a lease for a commercial property, you enter into a legal agreement that comes with preset financial obligations. Simply put, you are responsible for paying the agreed-upon rent every month throughout the term of the lease. Unfortunately, in the business world things don’t always work out as planned and, on occasion, companies […]
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Top 5 Office Occupancy Costs You Should Know About

In this article, you'll explore: Rent escalations and how they impact your lease costs over time Common Area Maintenance (CAM) fees and what they typically include The importance of identifying and correcting errors in lease calculations Out-of-pocket costs for tenant improvements that may exceed your allowance Fine print fees, such as property management or administrative […]
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Office Leasing 101: 12 Tips for Your Next Office Lease Search

In this article, we explore: Key tips for starting your office lease search early and effectively The importance of hiring a tenant representative to navigate the leasing process How to assess your space needs and prioritize lease concessions Evaluating building amenities, neighborhood factors, and landlord reputation Strategic approaches to lease negotiations, including creating competition and […]
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The Advantages and Drawbacks of Subleasing Office Space

Between telecommuting, labor shortages, and the global economic slowdown, the pandemic left millions of square feet of vacant office space around the U.S. As a result, many companies, desperate to recoup some operational costs, began offering their unused space for sublease. In fact, the U.S. office sublease inventory grew by a staggering 80% since March […]
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