Industry Insights by Team Rokos
Discover the latest in industry trends, tips and best practices with original articles authored by the Rokos staff.
The Top 5 Qualities of the Best Real Estate Brokers
It's crucial to consider the various skills your broker brings to the table. Because working with an inexperienced broker can have a giant impact on the real estate you acquire and how much you ultimately end up paying for it.
How to Attract Employees to Your Office
Employers asking their workers to come back to the office are continuing to get push-back. So, what do you do when your employees are hesitant to leave the home office? You make the corporate office a place they want to be.
How to Downsize Your Office Space
Businesses often face the challenge of having excessive office space that goes unused or underutilized. In this article, we explore ten steps you can follow to optimize your space and enhance workspace utilization.
What is the Cost of Subleasing Your Space?
Subleasing excess or unwanted space is a great way for businesses to recover some of their leasing costs. But it’s important to understand the fees and other up front costs that go into putting your space on the market for sublease.
Cost-Cutting Strategies for Your Commercial Lease
Whether your goal is to enhance profitability, sustain competitiveness, or navigate economic challenges, reassessing your real estate strategy can reduce expenses and achieve cost savings for your business.
Hidden Costs in Common Commercial Lease Forms
There are a variety of commercial real estate lease forms which impact your business financially in different ways. If you don’t fully understand the type of lease you sign, you might be in for unexpected costs and additional stress.
The Difference Between an Office & Healthcare Lease
The leasing process for medical facilities is similar to other commercial leases; however, the specific clauses that need to be addressed within these lease agreements are highly specialized and specific to the healthcare industry.
The Difference Between USF and RSF
When negotiating a commercial real estate lease, you’re bound to hear the phrases “usable square footage” and “rentable square footage”. It’s crucial that you understand the differences in these two terms – or it could cost you.
The Future of the Hybrid Workplace
In a world where remote work and office collaboration coexist., finding the perfect balance for your office space is crucial. Here are the top 4 consideration to help you determine how much office space you need in the hybrid world.
Finding the Ideal Office Location to Attract Employees
Embarking on the journey to find the ideal office location is a pivotal step towards ensuring the success of your business. In this streamlined guide, we will explore the top four considerations for finding the perfect office location to meet your unique needs.
Navigating the Lease Renewal Process
As the expiration date of your office lease approaches, the prospect of lease renewal brings forth a myriad of considerations for commercial tenants. Securing the right office space is crucial, and approaching a lease renewal requires a strategic mindset.
Rethinking the Commute
The conventional office space is no longer a mere destination; instead, it has become a crucial factor that companies are grappling with in today’s competitive market. As businesses strive to entice their workforce back into physical workspaces, the focus shifts towards creating an appealing and satisfying workplace experience.
Navigating Spec Space Costs
The allure of spec spaces is undeniable. These finished-out suites serve as powerful tools for landlords to market and promote their buildings to potential tenants. However, the question arises: Should tenants bear the expenses?
How to Find the Best Warehouse Space
Not all warehouse spaces are created equal. When looking for space, there are numerous factors to consider in the site selection process to ensure business efficiency. These factors include labor, accessibility, and functionality.
Hidden Costs in Your Lease: HVAC Maintenance
When negotiating and evaluating your lease, it’s important to be informed of all potential pitfalls and hidden costs that may arise. For many leases, one of these hidden costs is the repair and maintenance of your HVAC system.
Hidden Costs in Your Lease: Relocation Clause
Many business execs are unaware that their rented space and the total square footage can change during their term, affecting business costs. So how do you avoid these potential snares? Negotiate.
Top 5 Reasons to Hire a Tenant Representation Broker
Signing a lease for office/warehouse space is a significant financial commitment. Tenant representation brokers guide you through the process and are an excellent resource for any business leasing or buying space.
Mid-Term Lease Strategies for Optimizing Your Space
Business needs can change, which may be an issue if you are in the middle of a lengthy lease term. Fortunately, there are several strategies that your business can consider if you find yourself long (or short) on space.
Strategies for Renegotiating Your Lease
While a lease is “written in stone”, everything is ultimately negotiable. So, how can you amend your lease after it has been executed to help meet your changing business needs? Here are a couple of tips we would recommend.
Differences Between Local & National Tenant Rep Firms
Before committing to work with a broker, executives must first ask themselves which type of real estate firm is going to benefit them the most. This is where they must decide if they should work with a local shop or a national firm.
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