Corporate Real Estate Advisors
Exclusively Representing Tenants & Buyers Worldwide

Commercial Real Estate News

 

Read the latest in commercial real estate from our ITRA partners around the world.

How do you thank someone who brings an organization outstanding vision, dedication, and leadership?

This year our annual conference was held in Nashville, Tennessee. 

Many tenants conduct their own lease renewal negotiations directly with the landlord’s leasing agents when their lease is nearing expiration. Having a dedicated tenant advisor on your side can give you the negotiating leverage needed to get the best renewal deal. Read this article to find out why.  

We all know staff turnover is part of running a company or a large department— it comes with the territory. But we also know employees stay at a company for reasons other than money. Continued training, advancement opportunities, the mission of the firm, coworker relationships, and the vibe/culture of your company are all part of their decision matrix. So, what are the magic ingredients that help retain your employees?

There continues to be a significant amount of sublease space available for office space users in many markets. Industrial and retail occupiers generally have less options. While subleases can be attractive financially, let’s not forget there are some potential pitfalls to consider before you sign.

Going into 2023, worldwide economic conditions are starting to show signs of improvement and inflation may have peaked, but it’s too early to confirm that. If overall economic conditions improve in 2023, historically that would mean office space absorption would increase and rental rates would also increase, however, we don’t think that is going to be the case this time.

Garry Adams of Capital Realty represented Owney in the strategic planning, market evaluation, site selection and lease negotiations for the 3,300 square foot flagship location. 

ITRA Global, one of the largest organizations dedicated to representing tenants and occupiers of commercial real estate, is pleased to announce its 2023 Board of Directors. The Board was elected during their last annual conference.

Regardless of business type, there are a couple of lease clauses that can provide a business with added flexibility during the lease term:

How a supply chain link kink is saving you money and filling up warehouse space.