REoptimizer^® Blog

Some tenants enter space negotiations by touring potential sites with their broker then sending out a request for proposals. The RFP process lets tenants collect offers from landlords without revealing a great deal. However, there might be times when you want to directly enter into a negotiation with a landlord. In those instance, you and your broker can choose to submit a letter of intent and bypass the RFP process.

photo credit: http://www.macworld.com

Getting near the end of your commercial lease agreement? If you haven't started thinking about whether to renew your lease or move into a new space, it's time to get started. After all, you'll need to time to find that perfect new space if opt to forgo renewal, and if you do choose to stay in your current location, you'll want plenty of time to negotiate a fair deal.

When you are a tenant under a commercial lease, you exist in a state of limbo. On one side, you have an interest in your space for a set period of time and, with that interest, carry a bundle of rights to that space. On the other side, it's someone else's building and, ultimately, they get to make many of the rules. One of the most important areas where your rights and the owners' rights can collide is in the area of making improvements to your space.

It almost goes without saying that as the country's recovery continues at full steam, office space in tech-heavy global gateway markets like San Francisco, Seattle, New York and Boston remains hard to find and relatively expensive. However, these markets aren't the only ones experiencing rent growth.

When you're looking for the perfect commercial space to lease, landlord reps can help you through the process, but trying to go it alone can be a costly mistake for your business. Enlisting the help of a tenant rep broker provides a number of benefits. Here are some of the top reasons to consider working with one:

When you tour commercial real estate, you and your broker will look at many different aspects of the property. You'll pay attention to the shape of the proposed space, and you'll notice how much parking the building has. Hopefully, you'll stop in the lobby and see the buildings other amenities.  However, what you see on a tour isn't always what you'll care about when you're a tenant. Here are five very important factors to consider.

Occupancy costs greatly impact a bottom line, so keeping them as low as possible is a boon for any business. Whether you're in the process of searching for a new space or are already locked into a lease, there are a number of ways that you can minimize occupancy costs. These tips will help you identify ways to reduce current costs or allow you to lease a space at the lowest possible cost.