Data Cable and The Restoration Clause

Before every desk in every office had to be wired with dedicated data lines, restoration clauses were primarily focused on removing any specific construction that the landlord couldn't redeploy for a new tenant.  As office space becomes more generic and communications requirements become more specialized, there is an incentive for landlords to pass the cost … Continue reading Data Cable and The Restoration Clause

4 Considerations before you sublease your office

There are a variety of reasons that a tenant might consider placing their space on the sublease market. Whether it’s because you've outgrown the space and need more capacity or business has contracted and there is too much capacity, subleasing can provide some relief from the lease obligation. Here are four things to consider as you … Continue reading 4 Considerations before you sublease your office

3 things about your tenant improvement allowance

The tenant improvement allowance is part of an overall incentive package provided by a landlord to either attract a tenant to their building or retain a current tenant as part of a lease renewal. Here are three things to remember when negotiating an improvement allowance: 1. The tenant improvement allowance is amortized into the lease … Continue reading 3 things about your tenant improvement allowance