 November 27, 2018 |
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Can I cancel my commercial lease? The time comes for every tenant at some point while they are mid lease and they wonder to themselves, can I cancel my commercial lease? The simple reality is that unless your lease has a specific clause that allows you to cancel or terminate the lease, you […]
| November 27, 2018 |
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Should I Consider Sublets? There are some real benefits to sublets: Build Out. Since there is already a tenant occupying the space, the premises has already been built out, so this saves money, time and energy compared to the alterative space options that require construction of leasehold improvements. Building space from scratch can […]
| November 27, 2018 |
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5 Reasons Why Tenants Will Always Need Commercial Real Estate Agents Think you can do your office or retail relocation or renewal yourself? Consider the following 5 reasons why tenants will always need commercial realtors. Tenants Can’t Find All the Spaces Themselves There are really two factors that play into this category: […]
| November 26, 2018 |
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Right of First Refusal: A Complete Tenant Guide If you are negotiating a commercial lease and want flexible expansion rights you will want a right of first refusal (ROFR). What is an Expansion Right? A right to expand is an agreed to clause in a commercial lease between the landlord and tenant. It […]
| November 26, 2018 |
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Negotiating a commercial lease is hard. If you have a commercial lease somebody had to negotiate it. And somebody has to negotiate it again upon the expiry. Regardless of your approach to the lease, here are some tips that you hopefully you find helpful – because negotiating a commercial lease doesn’t have to be that […]
| November 23, 2018 |
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Negotiating a Tenant Improvement Allowance When it comes to negotiating a tenant improvement allowance, there are common phrases you will hear from commercial listings agents while space tours: “The landlord is willing to put in the work.” “The landlord will provide the cash and you can spend the money.” Most spaces need renovation, if not […]
| November 23, 2018 |
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17 Hidden Conflicts of Interest in Commercial Real Estate Looking to hire a commercial real estate agent and you want to ensure you are aware of all of the conflicts that he or she may encounter? You have come to the right place. Here is the list: 1.Representing both the tenant and the landlord […]
| July 11, 2018 |
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Occasionally, a tenant needs to prematurely vacate their leased premises. When negotiating your lease it may not seem to be a clause of primary importance. However, we don’t always foresee challenging economic times and given the amount of sublease space currently on the market only proves why it is critical to pay special to attention […]
| July 11, 2018 |
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Natural disasters such as Hurricane that damaged many buildings can interrupt operations at hundreds of businesses. But even, inoperable or faulty building equipment, a sudden freeze that causes pipes to burst or a summer thunderstorm that cuts electrical power can bring a business to a halt. Most standard office leases in the Landlord’s […]
| July 11, 2018 |
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The Art of the Lease Renewal Every office tenant at some point is faced with a decision of whether to renew their lease or relocate to a new building. Depending on market conditions, in most scenarios the Landlord is inherently dealing from a position of strength. Building owners are well aware of the time, […]
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