Commercial lease renewals are a great time for companies to evaluate their current use of space, future needs, research the current commercial real estate market, and use that information to negotiate a great commercial lease renewal. If landlords see you as being a well-informed tenant that knows your commercial lease options and how they effect the …
6 Tips to Negotiate Your Commercial Lease Renewal Read More »
Revamping U.S. Highway 183 may prove to be pricy as the Capital Area Metropolitan Planning Organization has approved of the $650 million estimated price for the decongesting of the known highway. The amount is triple the first announced estimate price of $225.7 million for the project – spanning eight-miles from the MoPac Expressway to Texas …
New road map for Northwest Austin highway expansion nearly triples its price Read More »
When renewing a commercial lease tenants are often at a disadvantage and the process can have a lot of uncertainty. Don’t forget, Your commercial landlord is a seasoned investor and negotiates leases and renewals on a regular basis. They also hire the best possible commercial listing agents and attorney’s to advise them on market conditions, lease rates, …
Effective Negotiation Techniques When Renewing a Lease Read More »
The newest chief operating officer of Aereon is Romer Bracho. The gas and vapor combustion and recovery equipment supplier announced that the Bracho will bring the company’s operational performance to the next level considering his specialization. Bracho has been in the industry for 24 years working in various divisions involving development, manufacturing, and operations and …
Austin oil and gas services company names first COO Read More »
The current season of “The Amazing Race” – which premiers tonight February 12- has a very unique set of contestants as one of them is Rooster Teeth’s co-founder Burnie Burns. Rooster Teeth is founded in Austin as a new digital content studio, designing films and mobile platforms. They released a mobile video platform last year …
Austin startup co-founder sets off on ‘The Amazing Race’ Read More »
Many hoping to see Forestar Group’s 2015 financial report may have to wait for a while as the company is set to release the details on March 2 at 9 a.m CST. The delay, the company says, would allow them to add additional information for reduced operation costs and build value. The company has recently …
How Much are Average Commercial Lease Rates in Austin? Lease rates increase or decrease frequently based on a number of factors such as current available inventory, commercial space demand, job growth, market conditions, etc. At Austin Tenant Advisors our goal is to be as transparent as we can and provide you the most current information we have …
How Much are Average Commercial Lease Rates in Austin? Read More »
Austin office space lease rates are quoted in several different ways depending on who owns the building. It’s really an accounting thing and/or personal preference however at the end of the day Landlord’s end up passing through all or almost all of the building operating expenses (Also known as triple net..NNN or taxes, insurance, & …
Renewal rates for commercial leases depend on several factors (current market conditions, supply and demand of the type of space you are leasing, & if you are properly prepared to negotiate). Current Market Conditions – When determining renewal rates for tenants landlords hire experienced commercial agents to consult them on current rates in comparable buildings, concessions …
How Are Renewal Rates For Commercial Leases Determined? Read More »
Typically you negotiate your commercial lease renewal up front. Most landlords (especially in Austin, Tx) will have language in the lease that says you must give written notice of your intent to renew your lease at least 6-12 months before your existing lease expires. If you don’t then the landlord can lease the space to …
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