REoptimizer^® Blog

Moving to new office space requires expenditures of time and money. After investing in a move, the last thing that you want is to choose a location that doesn't completely work for you and find yourself having to move again at the end of your lease. Following these tips will help to ensure that you make the right decision regarding commercial real estate leasing.

In 2006, the Financial Accounting Standards Board realized that the standard for lease accounting in the United States was significantly different from the system used in countries that follow the standards set by the International Accounting Standards Board. FASB started a long process of revising their lease standards to better conform with IASB standards. The new standards were finally developed in 2016, and they don't necessarily clear things up internationally. But they are changing the way the companies have to treat their leases from an accounting perspective.

Businesses develop over time, and as they do, their spatial requirements change. If your current lease is set to expire, it's a good idea to take the time to carefully evaluate your office to determine whether you should seek out a new space or renew your current lease. Here are some of the signs that you should seek new space:

Commercial real estate is one of the largest expenses for any company, so having a key understanding of what it’s costing you to occupy spaces that you rent is vital to managing expenditures. It's not enough to simply know what your total occupancy cost is if you want to find places where you can reduce costs. Using the following metrics can give you a better understanding of whether or not your commercial real estate portfolio is costing you too much.

Whether you are moving your office across the street or across the globe, the relocation process is filled with opportunities to make mistakes. Here are five common ones -- and how to avoid them.

Our mobile devices, computers, automobiles and household electronics and appliances are constantly evolving as technology continues to advance and open the door to new features and functionality. The lightning fast advancement of tech is also impacting the business world in new and exciting ways. New technologies are even shaping commercial real estate, setting the stage for office spaces that are more advanced than ever before. Here are some of the features being developed for the offices of tomorrow:

While office users frequently focus on parking ratios, industrial uses can be even more sensitive to the configuration and size of lots or ramps. After all, industrial properties can have high degrees of variability in employee density. They also have multiple uses for outdoor spaces while also potentially needing room for large vehicles to maneuver.

You have a lot to do when you're searching for commercial real estate to rent. The last thing you want to do is add something else to the list, but finding and enlisting the help of a tenant rep broker isn't something you should skip. Tenant rep brokers are invaluable when you're securing office space to rent. Here are just a few of the reasons why: