The amount of square footage your business needs depends on a number of factors. It is important to consider how many people you employ, what type of work space each employee needs, whether or not you will be adding staff members in the next few years, and what type of work space those additional employees […]
The Difference Between Rentable and Usable Square Feet
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 […]
Austin Office Market Report – Q1 2016
Austin Office Report publishes a quarterly newsletter to keep you updated on all things office space in and around Austin, TX. To receive the Austin Office Market Report quarterly newsletter by email, please contact us or enter your email address in the “Sign up for my Quarterly Newsletter” box. MARKET TRENDS The Austin Office Market Continues to Boom As […]
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 […]