Below is one of my favorite graphics we have created. By using this visual, I can explain a complicated commercial office lease term to a client in 3 minutes. What we show in the graphic is a comparison of expense reconciliation methods for Full Service leases. While there are other methods, one point we ALWAYS negotiate is … Continue reading Base Year vs. Expense Stop
Back in July, I sent out a narrative on one of the coolest buildings I have ever seen being built. The REI headquarters promised to be on-brand and in keeping with their ethos. It blended outdoor and indoor space to create a building that perfectly aligned with the company mission. Well, if you want an … Continue reading REI Headquarters Follow-up
We know Amazon delivers thousands of items right to our house, often within 24 hours. Below is a map showing how they do it—with warehouses all over the US and world. With their push to handle more and more of their own delivery, this number will continue to increase. They are even looking to … Continue reading Amazon Warehouses
We are spending a fair amount of time in this narrative looking at the issues of office space in a post-COVID-19 world. As I write this, we are still in a COVID-19 “sandstorm” without any real clear direction. However, we can look at the various options that are being thrown out as alternatives. One of … Continue reading The Counter Argument to WFH