Understanding the Total Cost of Occupancy

August 9, 2022August 9, 2022 Alexa BroylesAdditional Rent, CAM, columbus, commercial lease, commercial real estate, CRE, NNN, office, rent, Rent Escalation, tenant representation, total cost of occupancy

When signing a commercial lease, there are many factors that impact your overall cost. Understanding the total cost of occupancy is important both for budgeting and developing accurate financial forecasts over time, as well as for negotiation. Recently, our Office Brokerage Group of Matt Gregory, Andy Dutcher and Philip Bird worked with The Joseph Group to secure a new office space. The Joseph Group had outgrown its current space of roughly 5,500 square feet and sought a space that could accommodate its current needs, but would also facilitate the organization’s…

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…