13 Posts for a Better Office Lease

by CoyDavidson on May 23, 2012

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Leasing office space is a time consuming and complex process that involves multiple participants and stakeholders. I have written dozens of posts here on The Tenant Advisor on the nuances of office real estate. Below is a selection of these posts addressing some of the typical issues for office tenants as you look to transact your next office lease. You realize just how complex the process is when 13 articles only barely scratch the surface of all the key issues involved in securing office space.

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Office Space, If You Only Do Three Things
Every office tenant wants the highest quality office space available that fits within their budget. In other words, they want the best value that fits within their total overhead cost structure. The ability to achieve this objective requires an understanding of what drives costs and how to manage them… read more

Selecting and Designing the Ideal Office Space
Typically, before the office tenant gets out into the marketplace to evaluate candidate buildings, they go through the exercise of space programming with their architect/space planner to determine the volume of space required to support the organizations operations. The benefits of a prototype office space plan… read more

Maximizing Leverage in Lease Negotiations
No matter the condition of the market, there are three key things an office tenant can do to enhance leverage in lease negotiations… read more

Rent is More than just Rent
Lease Agreements for a typical office building are complex contracts and most commercial leases provide a mechanism for common area maintenance and other building operating expenses (such as janitorial services, taxes and insurance) to be passed on to the tenant… read more

Negotiating the Tenant Improvement Allowance
A key component of any lease negotiation is the tenant improvement allowance provided by the landlord to build-out or retrofit an office space for the tenant’s specific use. The amount of the tenant improvement allowance, as well as the length of the lease term have a significant impact on the negotiated rental rate… read more

Financial Analysis for Office Lease Transactions
The decision to renew a lease or relocate your office facilities requires thorough financial analysis of the anticipated lease costs within the marketplace. This requires the technical ability to analyze the cost associated with various facility decisions… read more

Financial Analysis as a Negotiation Tool
Effective negotiations for an office lease require a thorough understanding of the underlying economics of the transaction. Great deals are not only found, but also negotiated… read more

Don’t Overlook Parking When Negotiating Your Office Lease
Whenever a company is considering their office space options there is much consideration given to evaluating the building features and particular spaces but don’t neglect a thorough evaluation of the parking facilities… read more

SNDA’s in Commercial Leases
When negotiating commercial leases it is important for the Tenant to obtain a Subordination and Non-Disturbance Agreement, often referred to as the “SNDA” especially in today’s economic environment where foreclosure activity has significantly increased… read more

Taking into Account the Unexpected when Negotiating your Commercial Lease
Natural disasters such as Hurricanes and floods that have damaged many buildings in the Houston area 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… read more

Relocation Provisions in Office Leases
Commercial leases typically contain a provision allowing the Landlord to move tenants from one location within a project to another to accommodate a larger tenant should contiguous space become available during the lease term… read more

9 Little Things You Should Do Before Leasing Office Space
Whenever you are considering new office locations most of the obvious primary selection criteria will be comprehensively evaluated. However, here are nine little things you should do on your own before making a decision among your final building candidates… read more

Project Management for an Office Buildout
The design and construction process is not complicated. But it does have a lot of moving parts which need to be effectively managed. Utilizing a competent Project Management professional insures that this process is completed on schedule, under budget, with NO surprises… read more

  • krishna jaiswal

    Nice information regarding to real estate.
    But we have also an project which one is the most suitable to any one that Garden Isles
     

  • Right information i found here..

  • Well said Coy. Excellent article and thank you for being a great resource.

  • Good article here. We’re finding that renters are still able to ask for quite a bit in most markets, so don’t be afraid to ask! We see quite a bit of variance when it comes to CAM Fees. Here is our take on CAM fee negotiations: http://suitesearch.com/cam-fee-lease/

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