Landlords and Tenants have opposing goals which can make signing a lease stressful. The key to understanding these negotiations is assessing how risk is shared. At G.E. Grace & Company, we leverage our knowledge and expertise to create flexibility and competitive terms for our clients.
A great office space can wow visitors, increases employee productivity, and promotes your business’ image. Choose the wrong space and you may find yourself with lackluster sales, low employee morale, and a floundering business. The key to finding the perfect office space, according to the U.S. Small Business Administration, is to perform a comprehensive assessment of potential locations. Make a list of “must have” attributes. Check out our office space planning checklist to help yourself focus your search.
Two years ago, Virginia (not her real name) contacted me to help her find a new location for her business currently located in the Garment District. She had an issue which we can all understand.
Your lease is expiring and you are focused on running your business. Real estate is one of your largest expenses. This an opportunity to improve your bottom line as well as morale. Should you renew or move?
It takes time to move space and as a tenant, time can be your biggest asset or your biggest liability... so make sure you have enough of it!