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Don Catalano

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4 Things to Know About Your Commercial Rent Escalation

Posted by Don Catalano on Jul 02, 2020


Negotiating a commercial lease requires that you know and understand your commercial rent escalation. A commercial rent escalation clause allows the landlord to gradually increase the annual base rent based on an agreed calculation during the term of the lease agreement. Once you sign the lease, you agree to the terms of the clause. Hence, it is essential that you read this article to learn more about the things you need to know about your commercial rent escalation.

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8 Commercial Lease Negotiation Tips

Posted by Don Catalano on Jun 30, 2020


The initial lease agreement that a prospective landlord provides is a rough draft.  Unlike agreements for residential rentals, commercial leases are expected to go through several rounds of negotiations with tenants requesting changes to ensure that the contract fully suits their needs. Following these tips can help you get the best possible outcome during your commercial lease negotiation.

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Ways IoT (Internet of Things) Can Improve Your Office Space

Posted by Don Catalano on Jun 24, 2020


Internet of Things is fast changing how office space is designed, as well as how work is being done in offices. With real-time data and insights, as well as smooth automation, employees can now increase their productivity while spending more time on important business operations. In this article, we are going to explore the several ways that IoT can improve your office space.

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7 Tips for Sustainability in Your Commercial Space

Posted by Don Catalano on Jun 22, 2020


Companies are now paying more attention to their commercial space sustainability. Apart from the fact that it is the future of commercial space, it has added advantages for green companies. Sustainable companies cut down on costs, and have more beautiful spaces. In this article, you are going to learn the 7 tips needed to achieve sustainability in your commercial space.

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Roadmap to Returning to Your Office Post-COVID-19

Posted by Don Catalano on Jun 17, 2020


The post-COVID-19 office will be different. Many companies are already making plans to emerge from the COVID-19 lockdown and return to the office. With this guide, you have a roadmap that will allow you to effectively and successfully return to the office while putting into consideration social distancing and employee productivity.

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Have an Upcoming Office Lease Renewal? Here Are 5 Tips

Posted by Don Catalano on Jun 15, 2020


If your commercial lease is nearing the end of its term, you may be tempted to simply renew for the same terms and continue on with business as usual, but doing so can be a big mistake. To get the best deal for your company, it's important that you approach renewals as seriously as you do initial leases. Following these tips will help to ensure that you get the best outcome from the renewal process:

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Pros and Cons of a Modified Gross Lease

Posted by Don Catalano on Jun 10, 2020


Modified Gross Lease is a type of lease where both the landlord and the tenant are responsible for paying a property’s operating expenses. Under this type of lease, a commercial real estate tenant takes the responsibility of paying for the base rent and a few operating costs such as utilities, interior maintenance. Modified gross leases are often used for commercial spaces where there is more than one tenant.

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6 Things to Avoid When Renewing Your Office Lease

Posted by Don Catalano on Jun 08, 2020

If your commercial lease is coming to an end in the near future, it's vital that you begin to consider what course your business will take. Like initial leases, commercial lease renewals are complex and must be approached carefully. To assume the best outcome for your company, avoid making these all too common mistakes.

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