The New Era of Office Space

The New Era of Office Space

No more desks and cubicles and that stereotypical office setting look.  New companies are breaking away from the traditional office background and looking for a new type of workplace.  They are looking for more open and collaborative spaces that allow employees to...
Quick Overview: What Are Tenant Improvement Allowances?

Quick Overview: What Are Tenant Improvement Allowances?

Whether office, industrial, or retail. commercial real estate renovations to spaces are often made for new tenants. Landlords may choose to pay for these renovations in the form of a Tenant Improvement Allowance (referred to as TI Allowance). This allowance grants the...
What is a Triple Net, or NNN, Lease?

What is a Triple Net, or NNN, Lease?

A Triple Net, or NNN, lease is a contract in which the tenant is responsible for everything including; taxes, insurance, roof and common area maintenance. In this type of agreement, the landlord collects the taxes, insurance and common area maintenance fees on a...