When a business owner examines available space options for their business, they may consider a property marketed for both lease and sale. Many times, a business owner decides to purchase the property instead of leasing after realizing that rental payments can go towards paying down a mortgage. They could actually…
Negotiating a commercial property termination clause In the current economic climate, tenants are concerned more than ever about making careful decisions regarding their commitment to expenditures for their business. One of the largest costs to operate a business is the real estate component, whether it’s leasing or owning space. A…
If you are looking to lease office space, consider the New Jersey office market tenant friendly. The Northern and Central New Jersey office market has vacancies ranging from 15-34 %. Landlords compete for sizable or credit worthy tenants by offering incentives. These include free rent and phased in occupancy, allowing…