News & Articles

FASB Changes and the Treatment of Renewal Options to Extend

Posted in: Press Room | January 18th, 2017 / Chicago, IL. USA

The leases your company has in place today and any new leases are going to fall under the new rules.

For Some CFOs, New FASB Lease Accounting Rules a Bang – For Others a Whimper

Posted in: Press Room | January 11th, 2017 / Chicago, IL. USA

CFO’s around the world should take notice of how the upcoming changes to the Financial Accounting Standards Board (FASB) treatment of leases on financial statements will be changing balance sheets and profit and loss statements (P & L’s) for businesses. These new FASB changes are being implemented to provide more transparency by businesses that have long term leases for space.

Why You Should Use a Tenant Representative Broker

Posted in: Press Room | December 21st, 2016 / New York, NY. USA

Purchasing and leasing office space is much like everything else in life – it helps to have a professional on your side.  Try as you might to convince yourself you know everything there is to know about finding the best space for your company in the best building out there, chances are, a tenant representative broker knows more.  Not convinced?  Let us break it down for you. You need one point of contact to negotiate several sides against one another. Whether you’re renewing a lease, or moving to a new space, a good broker will show you ten or so […]

The Eight Mistakes Tenants Make When Leasing Office Space

Posted in: Press Room | December 14th, 2016 / New York, NY. USA

Hey, we all make mistakes – but when it comes to leasing office space for your 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.

How to Make Sure Your Work Letter Protects You

Posted in: Press Room | December 7th, 2016 /

Perhaps the most overlooked facet of leasing new corporate office space is the complicated world of work letters, which are attachments or exhibits to a lease identifying the landlord’s responsibilities to fund all or a portion of the improvements to the tenant’s premises.

ITRA Global Reports California Supreme Court Rules Dual Agent Owed Both Clients Highest Degree of Care

Posted in: Press Room | November 22nd, 2016 / Chicago, IL. USA

The California Supreme Court has upheld the appeal in the case Horiike vs. Coldwell Banker Residential Brokerage Company that began on September 7th. The Court’s decision will likely cause some ripples for real estate companies that practice dual agency in either a residential or commercial capacity.

Tight Real Estate Market? Try a Sale/Leaseback

Posted in: Press Room | November 15th, 2016 /

Finding the right space for your business is a complicated process involving a number of moving targets. Everyone is familiar with the old adage of “Location, Location, Location,” but timing and pricing will also dominate the decision-making process during your next commercial property acquisition.

Brexit Dilemma and Opportunity!

Posted in: Press Room | November 3rd, 2016 /

The United Kingdom has held a pivotal position in European venture capital as a hub for both investors and start-ups, and that’s particularly true in categories where it has been strong, including financial technology (fintech), games, and biotech.

CRES Appoints New Broker Associate

Posted in: Press Room | November 2nd, 2016 / Houston, TX. USA

Fastest Growing Woman-Owned Commercial Real Estate Company Strengthens their Resources.

International Law Firm Turns To Carrie Holstead to Explain Impact of Changes Governing CRE Leases

Posted in: Press Room | October 31st, 2016 / Pittsburgh, PA. USA

Carrie S. Holstead, President and CEO of Carrie S. Holstead Real Estate Consultants, Inc. / ITRA Global, recently provided a presentation for the global real estate practice group of Reed Smith about the impact of sweeping rule changes about to hit the domestic and international commercial real estate markets.