When seeking office space for lease or purchase, it is important to understand exactly how much space you are looking at acquiring. Many prospective office tenants and buyers do not understand the major difference between rentable and usable square feet and how this will affect their rental or purchase expense. It can be very confusing trying to […]
The Difference Between Net Lease and Gross Lease
When starting the office space search, it is important to know if you are equally comparing lease rates. Many office tenants do not understand that there is a major difference between net lease and gross lease with how the rental rates and lease format is structured. It can be very confusing trying to find office space […]
Leasing vs Buying Office Space
High office lease rates tend to make companies consider the pros and cons of leasing vs buying office space. The right decision on this is different for every business, but it is best to weigh your options in hopes of finding the best solution. For newer companies with high growth potential, leasing office space is often the best […]
Costs Associated With Buying Commercial Real Estate
When commercial rents are on the rise, some companies start thinking about buying commercial real estate instead of renewing their existing lease. Many factors must be considered when making this decision, such as your financials, future growth plans, and an exit strategy. If you decide that buying commercial real estate is the best scenario for your […]
Commercial Office Space Design Tips for Greater Productivity
Many factors must be considered when it comes to leasing commercial office space. It is important that the commercial office space will have suitable features that will make your team and business productive to their full potential. If you often have customers or client visit your commercial office space, you’ll want to be sure to […]