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.
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 […]
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.
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.
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.
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.
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.
Fastest Growing Woman-Owned Commercial Real Estate Company Strengthens their Resources.
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.
Tucson, recognized as a Southwest United States bio hub, continues to grow, according to an updated white paper by Commercial Real Estate Group of Tucson (CREG Tucson).