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Dec 9, 2020 Tenant Tips – Renewing a Lease

Posted at 01:14h in Uncategorized by siteadmin

Critical “Must Understand” Lease Renewal Issues! You must have serious relocation options if you plan to tell the landlord you will relocate if they don’t agree to your terms. Be prepared to relocate or accept the landlord's terms if the landlord calls your bluff.Just because...

Apr 10, 2016 Why Are My Operating Expenses Increasing Exponentially Every Year?

Posted at 14:19h in Uncategorized by siteadmin

The simple answer is some landlords employ spending strategies to pass operating expenses to tenants to lower the operating expense base year. If you are renewing an existing lease, expanding, relocating to a new building or opening a new office you must consider the following during...

May 12, 2013 Myth: Hiring a Broker Will Increase Rental Rates

Posted at 11:15h in Uncategorized by siteadmin

This article will once and for all dispel the myth hiring a real estate broker will increase your leasing costs. Landlords will take advantage of a tenant without professional representation. Would you negotiate a $4.0 million government contract without an attorney or buy a $7.0...

Apr 19, 2013 Subleasing Expectations in a Weak Real Estate Market

Posted at 12:51h in Uncategorized by siteadmin

The overall demand for office space is anemic and vacancy rates are projected to increase slightly or remain flat at best over the next 12-18 months. The total vacancy rate in Northern VA is 16.4%, unchanged from mid- 2012, and double the vacancy rate for...

Dec 9, 2012 More Free Rent Raises Your Rental Rate

Posted at 10:01h in Uncategorized by siteadmin

There are two primary reasons landlords offer so much free rent in a weak market. First, landlords simply need to increase occupancy in a very weak and competitive market to attract new tenants while retaining existing ones. Second, offering free rent allows the landlord to...

Jul 10, 2012 Value and Benefits of a Mobile Workforce Strategy

Posted at 13:09h in Uncategorized by siteadmin

The most obvious and immediate financial benefit to a company for implementing a Mobile Workforce Strategy is costs savings for leasing less space and purchasingless furniture. There are, however, substantial intangible benefits in the bigger picture beyond these obvious savings. Companies should consider a Mobile...

Jun 22, 2012 Renew Early To Capture Lower Rents

Posted at 09:30h in Uncategorized by siteadmin

Companies, more than ever, are looking for creative solutions to improve their bottom-line because of ongoing concerns of an even longer economic slump. Renewing early to capture today’s lower rental rates is an obvious but often overlooked opportunity to reduce costs. Your tenant advisor, or...

Sep 2, 2011 The Art of Subleasing

Posted at 00:46h in Uncategorized by siteadmin

In this soft economy many companies continue to seek ways to reduce costs by eliminating jobs. Fewer employees mean more vacant offices and the dilemma of what do with extra space. Subleasing is a common way to reduce leasing costs today if your company has...