What Does Office Lease Renewal Look Like Right Now?

July 9, 2020July 9, 2020 Amy Karnescommercial real estate, lease, lease options, lease renewals, office, office space, real estate transactions, telework, tenants, work from home

As WFH continues to dominate today’s business scene, offices are facing many unprecedented challenges. Teams are teleworking, the office space is snoozing, and even after two months, there’s no official word yet on when things will be back to ‘normal’. With uncertainty on the radar and no clear end to COVID-19 in sight, office lease renewals will definitely pose a challenge for many landlords and property owners. Let’s take a deeper look at the details to gauge exactly what the industry is dealing with: Tenant Troubles A real estate field…

4 Commercial Leasing Myths Debunked

July 10, 2018 Amy Karnescolumbus, commercial lease, commercial real estate, green buildings, landlord, lease options0 comment

Commercial leasing is a complex business. Understanding terms, finding the right properties, negotiating the best short or long-term deal possible is all complicated by the detailed financial and legal processes that have to be secured along the way. Without the aid of a professional broker, tenants can find themselves locked in a long-term deal that doesn’t work all because of some common leasing misconceptions. #1: Trying to Lease in Retail is Futile Unless speaking of online retail, the industry has taken its lumps over the last couple of years, leading…