REoptimizer^® Blog

Rapid advances in technology are squeezing your company's commercial real estate from both ends. From the bottom up, they are changing the ways that buildings are built and operated. At the other side of the tenancy continuum, new technology is creating new ways to work that require different types of spaces. As you try to navigate these changing waters, here are some of the latest top-down and bottom-up trends that are impacting your company's portfolio, and how to best handle them.

In almost every transaction, working with a tenant rep won't cost you a penny. His or services will be completely free. However, a tenant rep isn't like any other free service that you use. Looking at them as being equivalent to a free e-book or a salesperson's "consulting," which is really just training on how to buy their products, would be a foolish error.

In case you missed them, here are some of the posts from our blog in October:

If you aren't used to the world of commercial real estate, an office lease may seem very complicated. Lease agreements can span multiple pages of complicated legalese, cost your company millions of dollars and lock you into a space for years or even a decade. However, underneath all of the jargon and complexity lies a relatively straightforward business transaction.

The US Green Building Council's Leadership in Energy and Environmental Design -- LEED -- certification is America's leading certification for green buildings. As it grows in popularity, it is also becoming a global standard. Green buildings, in general, offer significant benefits over traditional properties, but LEED certified buildings offer additional advantages.

More and more, the business papers are starting to talk about the dreaded R word. With the US economy continuing to expand and the post Great Recession expansion on track to be the longest expansionary period in recent history, it's almost to be expected that there would be an eventual slowdown. However, if you're betting that the slowdown will make it cheaper to sign a commercial lease, you might be in for a nasty surprise.

Way back when, it used to be that you had to lease office space downtown. Then, in the 1970s, companies started following their workers out to the suburbs and the large suburban campus was born. Now, the rule of thumb is supposed to be that you have to move back into the city. However, it isn't quite that simple.