Business


5 Results Found

  • Tenants lower payments through property tax appeals

    Many commercial real estate tenants are looking to take advantage of record low lease rates, a few of them are also taking a look at the property tax assessed on the building they rent. Making sure your building is properly assessed is important whether you or your landlord is responsible for the property tax payments.

  • Factoring Common Areas in Commercial Leases

    When it comes to multi-tenant office buildings, the number of square feet tenants pay for is usually greater than the amount they actually use. That’s because landlords add a portion of the common areas, such as, hallways, lobbies, public washrooms and mechanical closets.

  • Lease Buyouts Can Work

    A good commercial real estate lease is about options. First rights of refusals, tenant improvement (TI) allowances and flexible floorplans. The more agile you can be when in your lease, the better the deal you signed. The same can be said for getting out of your lease or eliminating unused space. The more options you have, the easier the exit. And when that situation arises, a lease buyout may be the way to go.

  • Why use a tenant rep broker?

    Leasing office space is time-consuming, complex and can divert attention from the primary functions of the business. Steps in the process of leasing office space include selecting a tenant rep broker, location, researching options, selecting the best options, negotiating the primary business terms, selecting an attorney and negotiating the details of the lease.

  • U.S. is top 2012 property investment pick

    NEW YORK (Reuters) - The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.