REoptimizer^® Blog

The fundamental way that companies design and use office space has changed. However, as brokers and tenants rush to embrace these advances, a new set of myths have come to light. Just as old myths -- like the argument that almost everyone needs a private office or the believe that 250 square feet per person is about right -- have had to fall, some new myths also need debunking.

Outgrowing your office space is a great problem to have. Usually, the need for more space is driven by growing revenues. However, while it's a good thing, it also poses challenges since you have to figure out how to accommodate your new needs within an existing real estate lease or ownership structure that might not be flexible enough. Here are some strategies that can streamline the process.

Can you imagine what it would be like to run your company's portfolio of owned and leased spaces without real estate management software? If not, read on, and we'll show you what life is like in a non-automated corporate real estate department.

When you rent commercial office space in a number of locations, it's important to think about all of the properties as a single portfolio rather than separate locations. Doing so can allow you to spot opportunities for improving efficiency and reducing costs to positively impact your bottom line. There are a number of ways that corporate tenants can optimize their commercial real estate rental portfolios. Here are just a few of them:

Whether you're opting for a long-term or short-term lease, you want to make sure that you know exactly what you're getting into before you sign. Without proper due diligence, you can't be certain that you're getting a fair deal from the landlord and the right property for your business needs.

If you've fallen into managing your company's real estate portfolio, you might feel like you're awash in new terminology, confused by strange ways of doing business and generally overwhelmed. The good news is that arguably the most important part of running your company's portfolio -- key date management -- is also the simplest.

Having a rent abatement added to your commercial real estate lease can be incredibly beneficial to your company, and it's one of the few concessions that landlords can make that doesn't carry a high cost. As a result, it's often possible to secure a rent abatement during a negotiation.

You've got the right location picked out for your company. Now, it's time to make sure you create the right spatial layout to ensure success. How you plan your office space can affect everything from employee satisfaction to energy costs to productivity, so you want to take the time to ensure that you get everything right.