Everyone tries to make their lives and business more efficient however they sometimes fail to look at how to make their office space more efficient. Many Austin companies tend to overlook ways in which they can be more efficient with their space, reduce overhead, trim costs, and increase profitability and productivity. Here are 5 ways to …
What Do Commercial Tenant Representatives Do? A commercial real estate tenant representative is a licensed real estate agent that only represents tenants who lease office, retail, or warehouse space. They represent your best interests and work on your behalf to find available spaces, draft proposals, negotiate leases, share with you all the info that a landlord …
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Office space design trends continue to evolve as companies are taking less space, increasing shared space, adding more amenities, creating more flexible work areas, etc. Factors That Will Shape the Future of Office Space Spaces will be more collaborative and support the balance between private think time and team time Fewer private offices Shared rooms for …
1. Estimate Your Budget How to Calculate the Monthly Rent Base rent + operating expenses (aka NNN) X the rental square footage. So if you are renting 4,000 sf, the base rent is $30, and the NNN are $10 your monthly payment will be ($30 + $10) X 4,000 = $160,000 / 12 = $13,333 …
Is your small business looking to rent/lease small office space in Austin? Are you tired of searching through all of the inaccurate online office space listings that don’t match your business needs? Austin Tenant Advisors helps small businesses comb through the office space listings to help you find & rent the ideal business space. Not only …
Small Office Listings in Austin, Tx – Rent Office Space With Austin Tenant Advisors Read More »
Buying and owning commercial real estate does not make sense for every business and can be a complicated process if you don’t know what you are doing. Below are a few questions to consider and steps that will help get you started. 1. Get to Know Your Situation Before Buying a Commercial Property Is your …
How Much Office Space Do I Need? Currently many North American offices average 150 to 175 square feet per person. That number is down from previous years when businesses average 225 sf per person. If going by the rule of thumb for open office space designs that most tech companies use you will average 125 …
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Landlord Representative The landlord rep is the listing or leasing agent. They represent the best interests of the landlord or building owner and market the owner’s commercial real estate buildings (office, retail, or warehouse space) for lease, rent, or sale. Leasing agent’s negotiate on behalf of the landlord and their responsibility is to get the …
Difference Between a Landlord Leasing/Listing Agent & Tenant Representative Read More »
The triple net (NNN) in a commercial real estate lease stands for Net, Net, Net which are the taxes, property insurance, and common area maintenance charges that Tenants or Lessees pay for in addition to their base rent. For example say you find Austin commercial real estate quoted as $14 NNN. This means that in addition …
What Does Triple Net NNN Mean in a Commercial Real Estate Lease? Read More »
In a hot market high office lease rates make companies want to buy vs lease office space. The decision of whether to lease vs buy depends on your existing situation as buying office space does not make sense for everyone. In most cases it makes sense for newer companies or startups with a lot of …
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