Common Data Center Acronyms
A few terms used by I.T. professionals and their definitions: 24-7 or 24-365 This is the common way to describe systems which are always on, e.g. 24 hours a day for seven days a week. 24-365 refers to systems that run all year, meaning no downtime…ever. 25 Pair, 300...
How Much Will Our Tenant Improvement Project Cost?…It Depends
“How much will our Tenant Improvement project cost?” “We just want to tear down a few walls and convert the storage room to a small server room, that can’t cost a lot, right?” “Why is it so hard to determine construction costs up-front?” During the early phases of an...
How Long Will It Take?—Using the Project Schedule Matrix
One of the most important questions that needs to be asked when a company is planning to relocate their office to a new space is, how long does it take to do everything? Determining a time frame from when you start, from selecting your design team to the day when you...
A Tenant’s Area Calculation Primer
by: Daniel Huntsman Want to get a rough idea how much space you need, or how many people can fit in a space? Try our 3-question Space Estimator There are many areas in which a tenant in today’s marketplace requires the expert guidance from real estate and design...
Daylighting and Productivity: A study of the effects of the indoor environment on human function
As the pace of technological innovation intensifies and human beings are daily asked to process more information and perform increasingly complex tasks, it becomes exceedingly important that architectural design respond to human needs. Building design is a critical...
Open Plan versus Enclosed Private Offices: A Review of the Research
by: Knoll Try our 3-question Space Estimator to find out how much open space you need for your people. The debate concerning open plan offices versus enclosed private offices has resulted in a body of research that explores the pros and cons of both approaches. For...
Seismic Retrofit Requirements and Their Triggers
When a tenant or building owner contemplates making changes or renovations to an existing building, invariably the topic of code-required seismic upgrades comes up (or more specifically, alterations to strengthen the lateral resistance capacity of the building). Most...
Tax Considerations Affecting Construction Allowances and Disposition of Leasehold Improvements
The negotiation of the construction allowance is a major part of any lease transaction; however, those negotiations rarely, if ever, consider the resulting tax consequences. This article examines the tax consequences of certain forms of construction allowances and...
10 Commonly Overlooked Ways To Reduce California Real Property Taxes
As property tax practitioners, we at Ad Valorem Solutions (AVS) often assumed that all owners of commercial property in California recognize that they can reduce their taxes to a minimum—they just occasionally needed our assistance in getting there. We have found that...
Furniture Budget Pricing Matrix
A successful tenant representation project begins with surrounding the tenant/Client with the appropriate experts, forming the complete Tenant-Rep Team. Team members should be comprised of the tenant-rep office leasing broker; architect/space planner; general...
A Subtenant’s Guide to Subleasing
The sudden and dramatic reversal in the financial condition of many high-tech companies, and the ensuing softening of the local commercial real estate market, has led to a flood of sublease space on the commercial real estate market. Although this flood represents a...
Space Planning: How Much Space Do You Really Need?
by: Ned Fennie Try Ned's 3-question Space Calculation At the onset of a search for office space a real estate broker will invariably want to know right away how much space will be needed by the prospective tenant. If you have been through this estimating the...
“Are You Losing Money?” 10 Common Pitfalls for Commercial Tenants to Avoid
Although reading a commercial lease can be difficult and time-consuming, the consequences of not reading can be infinitely more unpleasant. Tenants frequently will only look at the provisions that have direct economic impact. There are, however, provisions buried in...
Law Firm Leverage and Profitability
Profitability vs. Volume Many law firms confuse growth and business success with volume. These firms focus exclusively on securing high numbers of revenue-producing clients, at lower rates, hoping to keep a constantly full pipeline-leveraging with an increasing number...