REoptimizer^® Blog

Calculating your occupancy costs correctly is important for managing the expenses of your company. Unfortunately, many companies underestimate their occupancy costs or forget to consider factors that contribute to the overall cost of occupying a commercial space. To avoid making mistakes, be sure to consider the following when calculating your occupancy costs:

Boosting productivity is a major concern for many companies, and it's easy to understand why. When every employee is able to work as productively as possible, you'll see a big positive impact on your bottom line. Many companies overlook the fact that their commercial office space can have a big effect on productivity in the workplace. To ensure that your space is working to your benefit and helping to promote a productive working environment, follow these tips:

We've blogged a great deal about how the nature of office design is changing. However, just because office space is changing in general doesn't necessarily mean that your specific space needs to follow all of these trends. Noted architecture firm HLW International has come up with a seven factor scale by which you can judge your office design or come up with ideas for a new one.

Technology is developing at a lightning fast pace, and it's easy to see how new technologies can benefit many aspects of your business from data management to financial reporting. What may surprise you is that technology also has an impact on commercial real estate for corporate tenants. In commercial real estate, technology is important because it can:

The commercial lease audit can be a powerful tool to reduce your company's total occupancy cost. However, audits are time-consuming and potentially expensive and too many of them can sour relationships with landlords. As such, it's best to do an audit when it is likely to yield real benefits for you.

With Baby Boomers reaching retirement age and Millennials entering the workforce, the makeup of many companies is shifting. This has led to some speculation about what effect Millennials are having on office rentals across the country.

Many companies look at leasing commercial real estate as being a lower risk than purchasing property, as there are fewer worries about depreciation, taking on debt and other concerns when you're using space without buying it. While it may be true that choosing to lease your office space or building spares you from certain worries, there are still risks involved. To help ensure that you choose the best office space and get the best possible leasing agreement, be sure to avoid these all-too-common deadly commercial real estate mistakes.

The Brexit might be disappointing. It might even be a bit scary. But it is not likely to harm your company in its role as a tenant. (In fact, unless you have extensive operations in the United Kingdom, it is unlikely to harm your company at all, and it could make it easier for you to negotiate better lease terms on future deals.)