by Mark Casey | Nov 16, 2022 | Articles
By its nature, a sublease is more complex than a straight lease between the Landlord and Tenant. Whereas the latter generally has two parties to the agreement, the former has three: the original landlord, the sublandord and the subtenant. So, if you are either the...
by Mark Casey | Nov 16, 2022 | Articles
To understand the office space market, it is important to distinguish between vacancy and utilization rates. Sublease activity is a good indicator of supply versus demand for office space. The graph to the right shows office space available for sublease from the Great...
by Mark Casey | Nov 16, 2022 | Articles
While we cannot entirely eliminate the impacts of inflation, there are things we can do to mitigate them. Pass Throughs. When it comes to operating expense pass throughs, you are going to want to take a close look at the breakdown of the operation expenses to...
by Mark Casey | Jan 24, 2022 | Articles
If you are working directly with the broker who has the sign on the building, make no mistake about it, you are working with the landlord’s broker or agent. Their loyalties are to the landlord not to you. Landlords would prefer that you work directly with their...
by Mark Casey | Jan 24, 2022 | Articles
Thirty years ago most office work was inextricably tied to a fixed office location. That was the analogue work world. With the broadband internet becoming available most anywhere combined with the computing power of mobile devices, most office work can be done from...
by Mark Casey | Jan 24, 2022 | Articles
In my real estate practice, my focus is on helping the occupiers of office and industrial space. While most are tenants, I also help companies by buildings and commercial condos. And because the best choice is not always obvious, we perform a Lease vs. Purchase...