REoptimizer^® Blog

Whether you own a startup or represent a large company that's moving to a new location, you want to make sure you get a fair lease for your new office space. Landlords naturally have their own interests in mind, so it's important that you remain vigilant and come armed to negotiations with the right information. Following these tips will help you get the best possible deal from your new lease agreement:

Whether you're searching for the first office space for your start-up, expanding your company with a second location or preparing to move to new office space, a new commercial real estate project can seem daunting. While finding the right office space or building to lease is a lengthy process, you can make the process simpler by doing some legwork in advance. Follow these tips to get your project off to a successful start:

You can't be certain that you're getting a fair deal on a lease for new commercial office space if you don't fully understand the terminology used in the document. Familiarizing yourself with the following often-confusing terms can help you interpret what you're reading and feel confident when you add your signature to the contract.

Commercial real estate optimization is about much more than cutting costs. Since the most efficient way to optimize your portfolio is to use lease administration software and other automation tools like REoptimizer®, the optimization process also gives your entire c-suite access to better information and the ability to make better decisions.

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.