REALEXPLAN

How to Reduce Your Corporate Real Estate Costs

Published on Wednesday, 17 September 2014 17:30:47    Written by Marc
How to Reduce Your Corporate Real Estate Costs
If you are like most companies that either lease or own real estate for your operations, chances are the idea of trying to find ways to reduce your costs is always somewhere in the back of your mind. Year after year, it seems costs are constantly going up. You have the cost of the space itself, then the upkeep, then energy, water, waste, and let’s not forget tax, tax, and more tax (city, school, municipal or any other type of tax).

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Think About Energy Saving When Leasing a New Site

Published on Thursday, 14 August 2014 07:04:51    Written by Marc
Think About Energy Saving When Leasing a New Site
For most companies, the notion of saving energy is an interesting one. After all, few people would say, “No,” to reduction in costs, regardless of the type of their operations. In addition, since energy is a part of every business one way or another, very few companies would find no benefit to reducing their energy costs.

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Determining Your Real Estate Requirements

Published on Thursday, 12 June 2014 09:08:12    Written by Marc
Determining Your Real Estate Requirements
If your company uses real estate for its operations, then you are not in the business of real estate per say. The sites that you lease only serve to host your operations, which is the heart of your company. If your work involves managing real estate leases for your company, chances are you are constantly under pressure to try to find ways to reduce your real estate costs; after all, each time you lease a new space it comes at a cost. When you are the building owner, you constantly seek to increase the size of the real estate you control because real estate brings you revenue; however, when you are on the user side, you are always trying to minimize the space you lease.

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Getting a Fair Deal on Major Expenses as a Tenant

Published on Friday, 2 May 2014 07:20:30    Written by Marc
Getting a Fair Deal on Major Expenses as a Tenant
In some leases, whether it is for an office space, industrial, or commercial, you notice that the landlord is responsible for purchasing equipment that needs to be replaced (HVAC rooftops for example) and recharging the cost of the equipment to the tenants over the estimated lifespan of the equipment. This is to prevent a tenant, which has two years left on a 10-year lease, to have to pay for the totality of the equipment. If the newly purchased equipment has a lifespan of say 10 years, the landlord will recharge to the tenants only one tenth (plus interest) of the cost of the new equipment each year. This makes good business sense.
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Holding on to a Building or Selling It

Published on Thursday, 17 April 2014 16:19:01    Written by Marc
 Holding on to a Building or Selling It
Any company that has a portfolio of sites that they either lease or own, gets constantly faced with the question of whether or not it should keep a particular site or let it go. If the site is leased, it becomes a matter of either subleasing it (or trying to) until the end of the lease period and then giving back the keys to the landlord. If the site is owned, the choices pretty much boil down to leasing it or selling it. Depending on the nature of the company, the choices should in theory be easy to make: if you are not in the real estate business and own a site, you no longer need, simply sell it.

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