Boston’s Innovation Zone has attracted another tenant! Recently Space with a Soul signed a lease for 14,600 sf at 281 Summer Street, Boston, MA. The space was occupied on an “as is” basis including infrastructure, fixtures and furniture – a perfect solution to time constraints and efficiency of use, especially for a frugal non-profit. The newest generation of non-profit innovation, Space with a Soul, merges the concepts of traditional business incubators, shared spaces, and non-profit centers, and takes them to the next level. Their mission is to foster social change by enabling other non-profits to accomplish their mission goals. The […]
“With business conducted differently among global cities, whether in Hong Kong, Seoul, Melbourne, Sao Paulo, London, Stockholm, Hamburg or points in between, local expertise and knowledge of customs are essential to completing successful international real estate transactions”, says Debra Stracke Anderson, CCIM, SIOR,and Chairman of the board of directors for ITRA Global. This was one of the many topics discussed at the ITRA Global recent corporate real estate conference held in Atlanta, Georgia, USA.
A 120,000 square foot office lease negotiated by Debra Stracke Anderson, president and CEO of Sloan Street Advisors / ITRA Global was recently selected by the Mid Atlantic Real Estate Journal as one of “The Best of 2010”. The annual awards highlight outstanding brokers, transactions and projects. Ms. Anderson represented NASA/TRAX Intl. in the lease located at 7700 Hubble Drive, Greenbelt, Maryland, a suburb of Washington, D.C. The transaction was one of three winners selected by the publication as “Largest Office Lease of 2010” in the Mid-Atlantic region.
Debra Stracke Anderson CCIM, SIOR, President and CEO of Sloan Street Advisors / ITRA, announced that the company represented Good Enterprise in leasing 7,627 square feet of office space located at 165 Waterfront Street, National Harbor, MD.
So you signed your office lease at the top of the market, you’re paying a small fortune in rent, but your space is only worth a fraction of what you’re paying. What can you do to lessen your financial burden? Blend and Extend…here’s how it works:
Hey, we all make mistakes – but when it comes to leasing office space for business, mistakes equal dollars – sometimes big dollars. Here are the eight most common mistakes tenants make when renting office space, as well as an insider’s take on how to avoid making them.
The new economy is about adding jobs, and a doubling of space in Charlestown, MA for IntraLinks is a good indication that Boston is a desireable place to employ the best and the brightest.
Commercial real estate tenants in Austin, Texas, found opportunities to greatly lower real estate costs in 2010 while the office space market in the capital city continued its slow rebound, according to a year-end look at 2010 activity. Tenant representative Don Cox, principal of ITRA / Don Cox Company, has seen benefits for both sides of the Austin office space transactions he’s brokered this year. His experience mirrors what office space tenants saw in a national commercial real estate market that still suffers from the recent deep recession.
The Association of Corporate Counsel, Western Pennsylvania Chapter, in conjunction with Spilman Thomas & Battle, a law firm with offices in Pennsylvania, West Virginia and Virginia, will host a seminar entitled “Commercial Leasing 101 for In-House Counsel” at 11:30 A.M. on December 7 at the Rivers Club that will cover what every tenant must know before embarking on a real estate transaction, especially in an uncertain economy.
On August 17th, 2010, The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued the “Exposure Draft on Leases.” It’s 66 pages long, and while we commend you if you’re one of the few who read the entire thing, we’re here to help break it down for you. We’ve taken much of our info from our friend Bob Cook, whose blog has a variety of posts on the new Lease Accounting Standards. Visit Bob’s blog at http://bobcook1234.wordpress.com/ to read all about Lease Accounting. Now let’s get down to business. Here’s what you need to know.