In case you missed them, here are some of our top CRE articles from June:
What Tenants Should Know About Rent Abatement
Having a rent abatement added to your commercial real estate lease can be incredibly beneficial to your company, and it's one of the few concessions that landlords can make that doesn't carry a high cost. As a result, it's often possible to secure a rent abatement during a negotiation.
Ways to Manage Commercial Operating Expenses
For any business, finding ways to decrease costs and eliminating unnecessary expenditures is important for improving the overall bottom line. Companies that own their own buildings or have triple net leases can exercise control over operating costs to reduce expenses and increase profitability. Following these tips can help you better manage operating costs.
6 Important Steps to Due Diligence for Commercial Leases
Whether you're opting for a long-term or short-term lease, you want to make sure that you know exactly what you're getting into before you sign. Without proper due diligence, you can't be certain that you're getting a fair deal from the landlord and the right property for your business needs.
The Best Office Space Deal - In Three Steps
Getting the best deal on your company's next lease on office space is a three step process. Going from macro to micro, you need to locate it correctly, negotiate the deal correctly and configure it correctly. If you maximize those three factors, your company will come out with the best possible combination of factors.