REoptimizer^® Blog

Commercial real estate is quite different from a residential real estate market. Hence, it is essential to pay attention to the various clauses, nuances and other factors that will help you avoid making mistakes when you sign the office lease. In this article, we are going to discuss the major things that you should be aware of in your office lease.

More and more buildings are being billed as having a mixed-use component. This means that instead of only having a single application -- like office or retail -- they combine different applications. You can be in a mixed-use building, or have a mixed-use space. At the same thing, you can find mixed-use spaces in many different types of neighborhoods.

Some companies can't wait for their office lease to expire, but many organizations love their space. There are many reasons to stay when your lease is coming due, and if you want to stay, there are many ways to do it.

Once you have found the ideal space or building that is ideal for your business, you've only completed the first stage of the leasing process. Commercial leases are unlike residential rent agreements in that negotiations are expected. As you prepare to head into negotiations with your landlords, it's important that you know the following things:

Especially with the emergence of coronavirus, it could seem like arguments are mounting against the traditional work place. Between commuting, sitting, a lack of focus, and now the risk of COVID, offices are getting a bad rap. Virtual working arrangements have real benefits -- especially when it comes to driving employee health and satisfaction -- but offices still have a few tricks left up their sleeves, too.

Does a robot vacuum your floors? Remind your kids of the weather so they wear their (darn) rain boots to school? And make sure that your thermostat turns itself down to 63 when no one's home? The Internet of Things (IoT) has probably transformed the way that you live your life in your off-hours. Now, it's coming to your office. In a big way. Here are eight real technologies that are transforming the ways that we work in, take care of, and think about office space.  All are available today, so you might see them at your desk tomorrow!

Even for the most well-established companies, it is never possible to predict the future with complete accuracy. Unforeseeable economic downturns can lead to financial burdens, and opportunities for growth may emerge unexpectedly. Rapidly developing technology can even impact companies, shifting priorities, making certain jobs redundant or allowing key business functions to be relocated. Because so much is unpredictable, flexibility is of the utmost importance for commercial leases. The following tips can help you get the most flexible office lease possible to future-proof your business.

When you're comparing potential offices, cost, size and location are likely your top priorities, but you shouldn't look at amenities as mere extras. Amenities are those special touches and perks that turn offices into comfortable, attractive workplaces that employees love to work in. Finding a building that offers some of these highly-sought amenities can go a long way toward promoting high morale and assisting with recruitment and retention.