REoptimizer^® Blog

Wading through a commercial lease document can be a daunting task, but skimming one given to you by a prospective landlord just isn't an option. In commercial real estate, the initial lease agreement should be viewed as a rough draft. The landlord will likely present you with a document that heavily favors them, but through negotiation, you can have language adjusted and clauses added to protect your interests. Here are some clauses that you'll want to ensure your lease contains before you sign:

Reading through a commercial lease agreement is a tedious task, but simply skimming the text could have consequences for your company in the future. That's why it's important that you look beyond the financial aspects of the lease and consider the legal ramifications of the language it does and does not contain. Here are six things that should raise red flags as you review the document:

If your commercial lease is coming to an end in the near future, it's vital that you begin to consider what course your business will take. Like initial leases, commercial lease renewals are complex and must be approached carefully. To assume the best outcome for your company, avoid making these all too common mistakes.

An office lease is a long-term commitment. The initial term can easily last from five to ten years, but that's just the beginning. Since spaces are expensive to configure, moving addresses is a challenging process that involves additional cost and complexity, and the future is unclear, it's usually in your best interest to choose a space that you CAN stay in well beyond your lease's expiration date, even if you decide to leave. With this in mind, it's really important to get the right space on the right terms. Here are six ways that you can avoid signing the wrong office lease.

Commercial real estate is quite different from a residential real estate market. Hence, it is essential to pay attention to the various clauses, nuances and other factors that will help you avoid making mistakes when you sign the office lease. In this article, we are going to discuss the major things that you should be aware of in your office lease.

Even for the most well-established companies, it is never possible to predict the future with complete accuracy. Unforeseeable economic downturns can lead to financial burdens, and opportunities for growth may emerge unexpectedly. Rapidly developing technology can even impact companies, shifting priorities, making certain jobs redundant or allowing key business functions to be relocated. Because so much is unpredictable, flexibility is of the utmost importance for commercial leases. The following tips can help you get the most flexible office lease possible to future-proof your business.