Author's articles
10 Tips on Tenant Improvement Allowances
By John Hannigan · 13 years ago
Tenant improvement allowances, funds provided by the landlord to improve office space, are becoming increasingly prevalent during landlord-tenant negotiations, and all companies should consider their role in creating an ideal office space. However, companies seeking ...
10 Amenities to Consider When Your Lease Expires
By John Hannigan · 13 years ago
The expiration of your company’s lease should be viewed as an opportunity rather than a hassle. Small to mid-size tenants can make their working life a more pleasant experience by finding a location with plentiful ...
5 Reasons to Prefer Renewal Over Relocation … and Vice Versa
By John Hannigan · 13 years ago
When your lease expires, should you renew at the same location or strike out to find new space for your company?
The short answer is "both." Even if you are totally happy with your current ...
10 Critical Elements in Real Estate Search Process
By John Hannigan · 13 years ago
1. Determine your requirements.
Draft a list of the pluses and minuses of your current space. Brainstorm with company executives and real estate professionals regarding the specific needs of your firm: number of offices, conference ...
10 Tenant Qualities Office Landlords Seek
By John Hannigan · 13 years ago
Are you an "800 lb gorilla" or a "gnat" in the eyes of your landlord? Office tenants must recognize how they are viewed by current and prospective landlords. While this requires a realistic assessment of ...
10 Steps to More Effective Lease Negotiation
By John Hannigan · 13 years ago
Companies often look at lease negotiations as an arduous process, something to be survived rather than enjoyed. However, determining your space needs for three, five or ten years may be one of the most critical ...
10 Factors to Consider When Evaluating Office Space
By John Hannigan · 13 years ago
With the current volatility in the commercial real estate market, businesses must carefully evaluate landlord offers for new space or a renewal. Here are 10 major factors to be considered prior to reaching a decision. ...
Seven Suggestions to Avoid Common Renewal Mistakes
By John Hannigan · 13 years ago
It’s the most common mistake made by office tenants: missing a huge opportunity — and losing truckloads of money — by negotiating their own lease renewal. More than 90 percent of companies who lease 5,000 ...