Minding Business

3 Things You Need to Know About Buildouts

Building out a space comes with important considerations
Posted by Anna Jotham on May 29, 2019 in No Category
Building out a space comes with important considerations Considering building out a commercial property? It’s an attractive option to many tenants, allowing them to create a space that’s perfect for their business without needing to go all in and break ground on their own building. But there’s a lot to think about when a buildout is on the horizon. To help you work through it, here are three things you need to know about buildouts.   1. You’ll need to decided who will take responsibili... read more

How long should my commercial space lease term be?

When signing a commercial lease, it’s important to consider the lease length
Posted by Anna Jotham on May 23, 2019 in No Category
When signing a commercial lease, it’s important to consider the lease length. When you’re ready to lease commercial space, and you find exactly what you’ve wished for, you may want to hurry to sign on the dotted line. But not so fast! Before you get out the pen, you’ll want to carefully consider the length of the lease term. After all, signing a lease is a major commitment, so you want to make sure your interests are protected. Get locked into a lengthy lease term, and you could be stuck in ... read more

8 Considerations When Leasing Office Space

Posted by Anna Jotham on April 24, 2019 in No Category
When it’s time to lease commercial office space for your business, you may be thrilled to have found what seems to be the perfect place for you. Or maybe you’ve identified several properties and are weighing the pros and cons of each. Or perhaps you are just getting started and looking for a sense of direction. Wherever you are in your search for office space to lease for your business, you’ll want to weigh several considerations before you sign on the dotted line.   Essential considerations... read more

5 Most Common Mistakes of Real Estate Investors

Posted by Anna Jotham on April 17, 2019 in No Category
Real estate investing, like any type of investing, comes with a learning curve. As they gain understanding of the market and property-related pitfalls, newer investors face several common mistakes. For some of those investors, lessons come at a price, while for others, common missteps can be quickly rectified. Let’s examine some of the most common mistakes real estate investors make.   Property investment offers learning opportunities—so embrace them! How you approach mistakes early in your real e... read more

When and How to Seek Rent Abatement

Posted by Mikayla Zimmerman on March 22, 2019 in No Category
Rent abatement can be an attractive lease incentive for anyone who wants to rent commercial real estate. Rent abatement allows a tenant to pay a portion of rent, or none at all, until the landlord completes work (often repairs) on the property. A tenant will find rent abatement terms outlined in their property lease, and they can reduce or entirely eliminate rent expenses if the property is no longer usable.  Rent abatement can offer benefits to both landlord and tenant. For tenants, it provides that you may ... read more
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