What Are Your Signage Options When Signing Your Office Lease
When you lease or buy commercial office space, you’ll want to advertise your presence at the location in one way or another. When you buy the office space, you will usually have countless options as to signs on and around the premises. However, if you lease commercial office space, there may be restrictions in place […]
Office Space Tenants Often Pay More Than Just Rent
When business owners lease commercial office space, there is often more to consider in the way of expenses than just rent. One would like to think that a rent payment each month or year would cover all of the tenant’s costs, but this is usually not the case. Most office space tenants will have to […]
Assignment & Subletting Clauses Are Necessary in Office Space Leasing
The steps one must take to lease commercial office space are plentiful in number. Once you find the perfect office space to lease, you then have to delve into the lease terms and negotiations to ensure that the arrangement is beneficial to you, the tenant. The commercial lease has many terms to read through and […]
Steps For Using Financial Analysis Results In Negotiations
There are many ways to negotiate when it comes to commercial office space leases. Financial analysis is one tool which will help in your negotiations with current or prospective landlords. The financial analysis is the process by which you consider all of the costs associated with the lease and then use a financial program to […]
How Financial Analysis Plays a Part in Office Lease Transactions
Commercial office space leasing consideration is a bit more in-depth than renting a residential property, for example. When leasing a home, apartment or condo, you know how much the rent costs and whether or not you will be able to afford it. For commercial office space leasing, the decision-making process is a bit more time […]
Office Space: Make The Tenant Improvement Allowance Work For You
Many office space leases will be a good fit for companies yet there may be some improvements which have to be done in order to make the premises a perfect fit for the tenant. For this reason, tenant improvement allowances are often included within the commercial office space lease. These allowances come in different forms. […]
Why You Need A Renewal Option
As a prospective tenant in a commercial office space lease, you not only want to consider your current lease term but the prospect of a future lease term as well. The best time to secure your interest in a future lease term is when you sign your new lease for the current lease term. A […]
The Difference between Renting and Leasing Office Space
When choosing office space, most business owners think about the location or the interior design. However, one of the most fundamental questions to consider when approaching the decision is whether to rent or lease. While many people think of these two terms interchangeably, they are actually very different arrangements that can have an impact on […]
Affordable Office Space Lease: Considerations To Follow
A lot of consideration goes into leasing commercial office space. This is not a small-term or residential lease, so you want to be sure that the office space you select is one which will fit your needs as well as your budget. Not sure how to accomplish this goal with certainty? The following three factors […]
Choosing Office Space in Chicago
With so much office space in Chicago, it can be hard to know the right location for your business. Do you pick a spot in the heart of the city? Or, do you choose a location farther out in the suburbs? The first thing to consider is cost. Obviously, office space in Chicago is going […]