REoptimizer^® Blog

Regardless of the size of the business, there will be a time when getting out of a commercial lease is the best option for the business. Unlike residential leases, you can’t simply walk out of a commercial lease. Some clauses are needed to be fulfilled. To get out of a commercial lease pain-free requires a deliberate process. In this article, we are going to explore the steps you need to follow to get out of a commercial lease legally.

Commercial real estate tenants have a number of options during their tenancy. With offices closing due to the effects of COVID-19, commercial tenants can begin to explore various leasing clauses that they have. Subleasing and Assignment are two different processes that tenants can take advantage of to suit their specific business needs.

Changing office locations can be very tasking as a lot of factors and individual needs have to be evaluated. As opposed to moving to a new home, moving offices requires careful planning and organization to minimize cost, damages, and errors due to oversight.

A sustainable workplace seeks to achieve the balance of the triple bottom line of people, planet, and profit to have long-term success and viability. Sustainable workplaces focus on protecting the safety, health, and welfare of their workforce. In a post-COVID-19 world, companies need to start focusing on workplace sustainability. In this article, we are going to explore the various ways of designing a sustainable workplace.

Compared to past pandemics, COVID-19 has had a major and immediate impact on the CRE industry. When properly executed, CRE portfolio optimization enhances business and workplace performance and unlocks opportunities with data-driven strategies. This article aims to showcase the reasons to optimize your CRE portfolio during the COVID-19 pandemic.

COVID-19 has changed every aspect of the way we work, learn and interact with others over the last year. Many states are now relaxing restrictions, making it possible for companies to return to the office, but the coronavirus is not vanquished yet. The effects of the pandemic and the risk for outbreaks in workplaces remain, and as a result, it's unrealistic to believe that you can simply resume working in your previous space in the exact way that you did before. To ensure health and safety and protect your bottom line, many aspects of your office may need to change, including:

Corporate tenants are now seeking opportunities to mitigate the effects of COVID-19 on their businesses. Some of the avenues being utilized include rent holidays, rent reductions, and monthly as opposed to quarterly rent payment schedules. In some cases, corporate tenants are trying to exit their commercial leases. Many commercial buildings are already empty due to Coronavirus restrictions, especially in the hospitality, retail, and leisure sectors. These businesses are not alone. This article aims to explore the best possible ways for corporate tenants to negotiate a rent reduction for premises closed by COVID-19.

Whether your goal is an expansion, a relocation or to open your first office, you want to find a site that will suit your company's needs now and in the future. After all, the commercial lease process is time-consuming and frequent moves impact your bottom line. Keeping the following tips in mind will help to ensure that you find a site that works for you at a reasonable price.