REoptimizer^® Blog

Lately, the movement towards building more open office space has been getting bad press. At the same time, savvy companies keep opening up their offices and reaping cost savings and productivity benefits. Here's why.

Traditionally, every country has set its own standards for how to measure and analyze office buildings. In the United States, the rules set by the Building Owners and Managers Association -- BOMA -- govern the intricacies of measuring space. Globally, though, measurements vary so much that a space that is 6,500 square feet in one part of the world could measure 8,060 square feet elsewhere. The new International Property Measurement Standard (IPMS) for Office Buildings is an attempt to correct this problem.

 

You don't have to go into your next commercial lease negotiation at a disadvantage. Even though your landlord might have done more of it than you and even though you may really need the space, you still have a leg up. It's your company's money and, as long as you have another place to take it, you can frequently make your landlord bend to suit your needs. With that in mind, here are some strategies that can help you win your next commercial lease negotiation

Once you've decided that buying isn't the right option for your company, the next decision is whether to lease for the short-term or from the long-term.  Both types of corporate lease structures bring significant benefits and the traditional rule of thumb that landlords want long leases while tenants want short ones doesn't always hold true.

More and more companies are having members of their teams with no real estate experience manage their corporate real estate portfolios. Doing this can seem like a good way to cut costs by eliminating staff. However, if you're the one that got the assignment, you also know that it isn't easy to manage a portfolio. Here are the three most important mistakes to avoid when it comes to your company's properties.

Commercial real estate is a game that rewards companies that have strategic visions and that look beyond the near term market and their near-term conditions. In this industry, the right perspective isn't a luxury. It's a bankable commodity that can save you thousands -- or millions of dollars per year. Here are four tips that give you both sides of important issues in leasing and that can help to clarify your vision.

Commercial real estate brokers are typically at the pinnacle of the real estate world. Most are knowledgeable, professional and extremely skilled. They are also typically extremely busy and many speak a language that makes perfect sense to them but can be opaque to an industry outside. As you interview for your next CRE broker, here are five things to look for.

The public perception of what the "boss" wants from office space has little to do with what most CEOs actually look for. While we aren't the CEO of your company, we've worked with enough over the years to know that mahogany paneling, lavish corner suites and the like aren't what makes a space work. Instead, most CEOs want three basic things.