Why Your Landlord Offers Different Rental Rates to Tenants in Your Building

All office buildings offer an asking rental rate to potential tenants making  inquiries for available space. A view of the various leases drawn within the same building however, may show a landlord offers different rental rates to tenants. There are a variety of considerations which, when combined, affect a tenant's…

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Real Estate Office Market Showing Signs of Recovery in Northern and Central New Jersey

The first quarter of 2011 represented the largest positive change in the real estate office market over the last four years. More office space was leased and sold than was vacated by tenants. The Class A availability rate declined to 22.3 %, which represented the lowest level in 2 years.…

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3 Ways to Maximize the Efficiency of Space Measurement When Leasing Office Space

It's important that tenants fully understand the concept of space measurement when leasing office space in a multi-tenanted building. Three ways to maximize the efficiency of space measurement include: Understand the loss factor calculation Utilize the services of an experienced space planner or architect Have the space measured prior to…

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New Jersey Office Market Tenant Friendly

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…

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Parsippany Office Space

The Parsippany New Jersey Office Market is located approximately 33 miles from New York City and surrounded by a quality labor force. One of the top reasons both employers and employees choose Parsippany NJ office space is the access to major highways. It is easily accessible to Interstate 287, Interstate…

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