REoptimizer^® Blog

Whether your company owns or leases its real estate, it's there. And if you are like most businesses, your real estate portfolio represents a meaningful chunk of your total operating expense budget.  Are you sure that you are getting the maximum return on your investment? Most businesses can't answer yes to this simple question, and that's what optimizing your commercial real estate portfolio fixes.

Guest blog by Regina Del Rosario. Regina is from Arch Offices. With a solid background in conducting interviews with multiple candidates to identify the one with the most potential. Hired over 100 applicants for positions in dozens of industries and campaigns, at levels ranging from interns to upper-level management.

If you've signed an office lease, you know that your rent isn't really your rent. In some buildings, you pay operating costs on top of your rent. You're probably aware of the load factor that makes you pay for your office space and for what the landlord considers your "fair" share of the common areas of the building. And you might also have to pay for parking. But there could be even more hidden costs lurking in your office lease.  Work with your tenant representative to see if you could be on the hook for any of these five additional expenses.

The environment that your employees work in every day has a huge impact on productivity and morale. Additionally, the size and location of the office that you lease has a big impact on your budget. Because your office is so important to many aspects of your business, it's vital that you choose wisely when it comes time to sign a lease. Following these tips will help you to avoid leasing a space that just isn't right for your needs:

Commercial leases are lengthy, complex documents, but you can't afford to simply skim them. Thoroughly reading your lease and having confusing clauses clarified is essential to ensuring that you get a fair deal. Here are some important clauses to look for:

Commercial leases are one of the most important decisions that you'll have to make for your company. After all, the outcome of the leasing process determines where your employees will conduct daily business and how much financial burden is added to your balance sheet. Following these tips will help to ensure that you make the best possible decisions regarding your new lease.