REoptimizer^® Blog

Having an entire building of office space built to suit your needs gives you a great deal of control over your tenancy. On the other hand, just because you can build whatever you want doesn't mean you should. As you plan your next build-to-suit project, here are three tips to keep in mind:

While corporate real estate departments can be close to optimize their portfolios, CFOs and other C-suite leaders are typically more open to paying closer attention to their real estate portfolios. After all, real estate expenditures are usually in a company's top three cost centers, while the long term nature of real estate obligations complicate strategic planning. Here are three reasons that the C-suite should lead from above when it comes to commercial real estate optimization.

While our industry is filled with knowledgeable professionals, like any other field, we aren't perfect. The odds are that your commercial real estate broker is skilled, dedicated and an expert. However, if you see any of these six signs, it could be time to start looking for another person to help you and your company with your needs vis-a-vis your portfolio.

As in many other industries, commercial real estate is rapidly becoming more about bits than buildings. At every level of the industry, technological innovation is driving changes in the ways tenants occupy buildings, managers run them and owners track them. Here is a sampling of the commercial real estate tasks that are being revolutionized by cutting edge technology.

Many tenants believe that a commercial lease renewal is a straightforward process that almost operates on autopilot. It isn't. Even if you are staying in the same space and even if you are just exercising a pre-existing and pre-negotiated option to extend, renewals are serious and intricate business negotiations that ultimately have the same implications as moving and signing a completely new lease. Here are some of the pervasive myths that surround the commercial lease renewal process and the truth behind them.

If you are responsible for finding new spaces for your company, you will have to become a master at commercial lease negotiation. While the process might seem complicated, like most business activities, when broken down into steps, it can be quite manageable.

There are two pitfalls in signing any office lease. The first is choosing the wrong space to begin with. The second is signing the wrong document relative to your occupancy of the right space. Here are six tips that can help prevent you from making an expensive mistake in either area.