Recent blog posts
- Types of Office Space Rental Rates
- Calculating Office Space Rent
- Tenant Representation FAQ's
- How to Find the Right Office Furnishings
- How Much Office Space Does Your Business Need?
- What does Base Year mean in an Office Lease?
- The Case for Tenant Representation
- Should Building Repairs be Included in Operating Expenses?
- When to Start Your Search for Office Space
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Types of Office Space Rental Rates
What do NNN,FSEJ, FS, and Modified Gross stand for?
These acronyms refer to the way that building operating expenses are paid for. The components that make up operating expenses include property taxes, common area maintenance, property insurance, utilities and janitorial service.
The most common types of leases are:
NNN (triple net) – the tenant pays for all of the operating expenses in addition to the rent
Calculating Office Space Rent
How is office space rent calculated?
Rents for office space are typically quoted per square foot, on an annual or monthly basis. In other words, a quoted rent of $18.00/SF annually means the rent paid will be $18.00 per year per square foot. If
To calculate annual and monthly rent figures just take the size of the space (in square feet) and multiply by the rate. This will give you the annual rent; divide this number by 12 for the monthly rent.
Tenant Representation FAQ's
Why does my company need a tenant representative?
Landlords and their representatives negotiate leases on a daily basis, while the typical business tenant does so once every three to five years, if ever. Given those odds, who do you think will come out ahead at the bargaining table?
How to Find the Right Office Furnishings
How to Find the Right Office Furnishings
Work with an experienced furniture vendor or office design consultant to develop an overall plan. Sticking to the big picture helps make sure the pieces fit together.
Keep ergonomics in mind for seating and desktop options. It protects the health, safety, and comfort of your staff and can help prevent work-related medical claims. For maximum durability and interchangeability, invest in high-quality components. Top-brand manufacturers are less likely to discontinue product lines, making it easier to add compatible modules and accessories as business needs change and grow.
Work with an experienced furniture vendor or office design consultant to develop an overall plan. Sticking to the big picture helps make sure the pieces fit together.
Keep ergonomics in mind for seating and desktop options. It protects the health, safety, and comfort of your staff and can help prevent work-related medical claims. For maximum durability and interchangeability, invest in high-quality components. Top-brand manufacturers are less likely to discontinue product lines, making it easier to add compatible modules and accessories as business needs change and grow.