REoptimizer^® Blog

Especially in uncertain times, a long-term office lease can be a tough pill to swallow. After all, who knows what the future will bring? With this in mind, there are many ways to get a more flexible office lease structure. Here are nine to consider.

COVID-19 has caused major challenges in the workplace. Many companies have been able to act swiftly to mitigate these challenges by deploying the appropriate technologies that will improve the quality of work, safeguard employees and migrate to a new way of working.

Reading through a commercial lease agreement is a tedious task, but simply skimming the text could have consequences for your company in the future. That's why it's important that you look beyond the financial aspects of the lease and consider the legal ramifications of the language it does and does not contain. Here are six things that should raise red flags as you review the document:

When you're conducting an audit of your commercial lease portfolio or comparing a number of prospective offices for rent, you can't simply consider rent. A lot more goes into the occupancy costs for a space than just what you pay to occupy your space. Read on to learn more about the occupancy costs that you should keep in mind when reviewing leases.

Commercial office space is experiencing massive transformation caused by the COVID-19 pandemic as well as new technologies. The pandemic has only accelerated a transformation that was bound to happen anyway. Over the past two centuries, the world of work has experienced constant change: from agrarian economies to industrial economies, and now, service economies. And in the past two decades, the workplace has completely transformed. Before Covid-19, only 4% of knowledge workers worked longer from home, according to Global Workplace Analytics. Now, it has accelerated by up to 30%.

If your current office is working for you, renewing your commercial lease makes good sense for your company. Typically, staying in place is the most cost-effective option, and by remaining in your office you won't have the time sink of looking for new spaces. To ensure that you get the best possible terms when renewing your lease, keep these tips in mind:

Many businesses have been affected as a result of the coronavirus pandemic. To mitigate business expenses, many corporate tenants have been wondering exactly how to renegotiate their rents. In this article, we are going to explore ways to renegotiate rent after the pandemic.

The rapid outbreak of the COVID-19 has forged a new way of working. With the pandemic disrupting global business operations, commercial offices are bound to change drastically.