Risks and Benefits of a Sublease

Risks and Benefits of a Sublease

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...
State of the Office Market

State of the Office Market

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...
Mitigating the Impacts of Inflation

Mitigating the Impacts of Inflation

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...
Does a Tenant Rep Cost or Save You Money?

Does a Tenant Rep Cost or Save You Money?

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...
The Digital Workplace

The Digital Workplace

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...
Is it Better to Lease or Own Your Space?

Is it Better to Lease or Own Your Space?

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...