REoptimizer^® Blog

Open office space is a major trend in commercial interior design, and many companies today are remodeling and revamping their offices to convert to wide open space. Should yours do the same? Read on to learn more about the benefits and drawbacks of open office space.

Every company expects to have occupancy costs related to industrial real estate leases; however, thinking of those costs as fixed and unchangeable is a mistake. Doing so can mean that you're overpaying and sinking more money into your industrial facility than you need to be. Follow these tips to shrink your occupancy costs and positively impact your bottom line.

Entering a commercial lease agreement for office space or an industrial facility can be daunting. With complicated terms to comb through and a lengthy search ahead, you may not know exactly how to best proceed. As you move forward, avoiding these common pitfalls will help to ensure that you get the best deal and the best commercial space possible for your needs.

Commercial real estate leases are complex documents, but they can be understood when you have some background about the terminology associated with them. The types of leases commonly used in commercial real estate is a good starting point, as understanding what each of them involves can help you determine which type will be the best fit for your business needs. The three types of leases are:

It's not every day that you sign a lease for commercial real estate. That's why it's important to take the time to familiarize yourself with the common components of office leasing. The following are some terms you should be familiar with:

Cost conscious tenants have different ways of controlling costs. One of the most efficient ways by most corporate tenants is conducting commercial lease audits. These audits are aimed at determining whether a corporate tenant is paying more money as rent than is legitimately required. If so, the tenant is entitled to seek recovery of overpayments.

Everyone wants to work in a suitable location surrounded by fun colleagues, but availability of office amenities or the lack thereof can make or break the office occupants’ day. Commercial real estate experts cite that certain shared amenities play a significant role in attracting and retaining high-quality corporate tenants. It is, therefore, important for corporate tenants to identify those amenities before leasing office spaces to make their time at work worthwhile. Here is our list of top 5 office amenities to look for:

Selecting the ideal commercial space requires extensive forethought and planning before a corporate tenant signs a lease. One of the most important aspects of consideration is whether the building in question is LEED certified. The certification is primarily used to determine whether the building is “green”.