REoptimizer^® Blog

The Internet of Things -- now getting abbreviated to IOT -- has been a buzzword for a few years now, but is really starting to change the way that tenants, landlords and buildings interact. New sensor technologies coupled with much more intelligent big data-driven software are enabling buildings to go well beyond saving energy and automatically dimming lights.

While the art of negotiation means making compromises, you want to ensure that you walk away with a commercial lease that isn't all in your landlord's favor. To ensure that you're getting the best deal when leasing commercial real estate, follow these 10 tips:

More and more LEED-certified buildings are being constructed in cities throughout the United States, giving prospective commercial tenants like you more green choices to consider when you're looking for new office space. Rents in LEED-certified buildings are often higher than in competitor buildings, leading some companies to wonder whether it's worth the added cost. The truth is that there are numerous reasons to go green that allow commercial tenants to maximize their return on investment in office space.  Some of the benefits of leasing a green building include:

Sometimes moving makes sense. If you outgrew your space, your market changed around you or your office lease is significantly above market, it's probably time to start looking at new options. However, for many companies, the best option is the current one. With that in mind, here are some of the reasons that you might want to stay where you are and look at a renewal instead.

When you're comparing office spaces in search of the ideal place to lease, you want to make sure that you have a clear picture of exactly what you're getting for the monthly cost of rent. Unfortunately, the terms used to describe square footage can make it hard to do so. Many prospective tenants find it difficult to discern usable square footage from rentable square footage and end up confused about just what they're getting. But not to worry, we're about to break down what each term means, so you'll be ready to start your search.

If you're currently in the process of searching for commercial office space to rent, you know what a time-consuming and costly job it is. After going through all of the work to find the perfect home for your company, the last thing you want is to be forced to move again when your lease expires. That's why it's important that you negotiate a fair lease extension clause in your commercial lease. Following these tips will help you do just that.

Dissatisfied with your current lease? Many commercial tenants fail to realize that they can attempt to renegotiate their leases if the conditions prove to be undesirable or if the market changes over the course of the lease. Although there is no guarantee that you can get your landlord to accept your proposed terms, renegotiating successfully could positively impact your bottom line.

Although the commercial real estate industry has around for at least 230 years, myths about the industry and what brokers do still abound. Here are five of the most common ones among tenants today, and why they're wrong.