What a ten-year lease really costs
The rate on the listing is the smallest number in the deal, and a decade of additional rent, fit-out and exit costs can roughly double it.
#office space
8 articles8 articles on New Club Cocoon tagged "office space."
8 articles
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The office that shrank and got busier
A firm gave up a third of its floor, spent the savings on the rooms people actually used, and found its office fuller than before.
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Who still signs flex-space deals
Flexible offices cost more per desk than a conventional lease, and for a surprising range of tenants that premium is exactly the point.
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The building that knows when you are in
Occupancy sensors, smart badges and building dashboards are moving into ordinary offices, and tenants should know what they are agreeing to.
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Seven kinds of proptech tenants actually use
Skip the pitch decks: these are the property tools that small commercial tenants open more than once a month.
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Moving an office over one long weekend
A 22-person firm left Friday at noon and opened Tuesday at nine in a new building, and almost all of the work happened months before.
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Sublet or sit tight: the empty-desk problem
When half your office sits empty most days, subletting looks like free money, but the lease decides how much of it you keep.
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Gross, net and triple net leases, explained
The label on a commercial lease tells you who pays for taxes, insurance and upkeep, and the real answer is always in the fine print.