REoptimizer^® Blog

With lease accounting standards in play for the entire second half of the "aughties" decade and for most of the 2010's, many commercial real estate executive have spent the bulk of their careers with no certainty as to how leases will get treated by accountants. With the passage of the new FASB standard in 2016, replacing the 1976-vintage FASB 13 lease accounting standard, the industry has some clarity. However, here's the interesting thing: the changes to the lease accounting standards don't matter much.

Given the high cost of your company's real estate portfolio, it's understandable that much ink gets spilled discussing property strategy. For those strategies to get executed, though, you also need to have a clear grasp of best practices at ground level. Here are five tactical commercial real estate tips to help maximize your office leasing experience.

When you're exploring your options for commercial office space in a given area, you'll find that various listings are marked with letter designations. Understanding the differences between Class A, B, and C buildings will help you focus on the options that will be the right fit for your budget and your company. Read on to learn more about each class of building and its benefits and drawbacks.

Hoping to increase the productivity of your workplace? Instead of investing in more advanced software or analyzing workflow processes, focus on keeping morale in your office high. Studies have found that companies where employees report that they are happy and satisfied with their jobs outperformed competitors by 20 percent, and their teams were 12 percent more productive.

If you're looking to lease new space for your business, at some point you will go on a property tour. A tour is a great opportunity to see every space that you are considering, and following these seven tips will help you maximize every step.

With the ongoing growth of e-commerce, retailers and distributors are looking to get their warehouses closer and closer to their end customers -- preferably within the "last mile" to their homes or businesses. This allows for delivery times measured in minutes and hours instead of days and weeks. It also means that urban in-fill warehouses are back in vogue. If you're looking for in-fill industrial space, here are the six things that you aren't going to need.

Finding the perfect location is just the start of creating the best office for your company. The way that you lay out the space also matters greatly, making it important that you take the time to carefully plan your office design. Here are some of the reasons why office layout is so important:

When you receive a lease from a prospective landlord, the document is a work in progress. With commercial real estate, it's expected that negotiations will take place and that the initial offer may be amended. To set yourself up for success at the negotiating table, follow these tips: