General Contacting or Construction Management?

General Contacting or Construction Management?

We will be closing on an industrial building shortly, and will need to reconstruct approximately 12,000 square feet of office space. I have heard that Construction Management is a better way to build. Is it, and how does it work? There are two major ways to hire a...
Maintaining Your Property Like a Professional

Maintaining Your Property Like a Professional

Our firm is not large enough to employ a full-time property manager for the building we own. Do you have guideline or checklists that one of our senior managers could use to make sure everything is completed in a timely manner? You do not have to have a full-time...
Useable and Rentable Square Feet

Useable and Rentable Square Feet

Brokers seem to quote space as both useable and rentable square footage. What is the difference between useable and rentable square feet, and how are they both calculated? The space that a tenant can actually use is called “useable”, or sometimes “carpetable,” square...
Choosing the Right Lease Term

Choosing the Right Lease Term

What do you recommend as the right lease term for an office lease? This is highly dependent on your objectives and the nature of your company. So let’s start with some of the advantages and disadvantages of short and long-term leases. One of the major advantages of...
Net, Gross and Full-Service Leases

Net, Gross and Full-Service Leases

Looking on the internet, I see that rental prices have different labels. What are the differences between a net lease, a gross lease, and a full-service lease? These are all terms used to describe the manner in which services and expenses are paid in a landlord-tenant...