The space may look right before anyone has tested what it will take to occupy it. A lease date, work letter, allowance, or landlord obligation can set the project’s cost and schedule before design begins.
These articles examine real estate decisions from the owner’s and tenant’s side: site selection, lease terms, responsibility for work, relocation planning, and the commitments that carry into construction and operation.
Employee input can uncover how the business really operates. The challenge is separating useful requirements from individual preferences. When a company starts planning a new
Rent matters. But a relocation decision can affect talent, customers, operations, commuting, capital investment and the ability of the business to function. Originally published September
A furniture pilot can turn assumptions about layout, furniture and work patterns into something employees and owners can actually evaluate. Originally published July 2019. Updated
By Glenn Romanelli, Guest Columnist When a company moves, there are certainly a lot of things that need to get done. So much so that
Experienced project professionals share the overlooked requirements that can become expensive after the lease is signed. Originally published May 2015. Updated October 2026 with current
The broker may lead the real estate transaction. That doesn’t automatically make the broker responsible for determining whether the space works—or for delivering what happens
Centralized waste may make operational sense. But even a small workplace policy needs space, infrastructure and an implementation plan. Originally published April 2014. Updated September
The rent, location and square footage may work. Power, loading, floor capacity, HVAC, zoning and site logistics determine whether the business can. Originally published November
A quick starting point for estimating office space requirements. There are plenty of office space calculators available, but I’ve always liked simple tools that let
The lease schedule isn’t just a legal schedule. Due diligence, test fits, engineering, business terms and the work letter can all determine when the deal
By Bryan Mashian, Esq., Contributing Columnist When negotiating a lease in a multi-tenant project, such as a shopping center, office building or industrial park, the
By Benjamin Osgood, Contributing Columnist As tenants transition from hard-lined telephones to VOIP, abandon private offices for open areas and clamor for “brick and timber” creative
Some of the most expensive lease provisions aren’t the ones that dominate the negotiation. They determine what the tenant pays, what it can change, what
By Link LeGrand, CCIM Contributing Columnist Financial due diligence is the process of verifying all statements of fact (or “finding where the bodies are buried”)
What’s the most ridiculous lease clause you’ve encountered? This was a question posted in a LinkedIn Discussion Group. Here are some example lease clauses that
