Fundamental Due Diligence for Your Commercial Lease

Guest Author: Salvatore Russo, JD, MBA Commercial leases, like any other contract, are negotiated based of each party’s respective leverage. But even if you are a smaller or newly established tenant, there is still plenty of homework that needs to be done prior to executing the lease.

When Amenities Become the Deciding Factor

By definition, an amenity is a desirable or useful feature of a building. They are often listed well below what used to be considered the “essential” facts (price per sq/ft, building size, availability). As Millennials take over as the largest demographic in the work force, tenants and landlords are starting to pay greater attention to … Continued

What Does Commuting Have to do With Commercial Real Estate?

Let’s give Millennials credit for one good idea: cutting down on commuting. Workers spend about 204 hours a year commuting, at a cost of $2600, according to the Census Bureau. That’s just the average, it doesn’t take into consideration the evitable traffic jam, the construction project or the overturned tractor trailer. No wonder commuting to … Continued

What’s in a Name?

Not all real estate professionals have the same titles. Find out what each title means and which one is best for your real estate needs.

Usable versus Rentable Space

Goldilocks was lucky, she got to try out each bed until she found the one that was just right. Unfortunately when it comes to finding the right commercial real estate space, you don’t get to try them out.  Since commercial real estate is one of a company’s biggest expenses and leases are usually signed for … Continued