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July 11, 2018 No Comments

Serviced office space vs conventional leased offices


Posted by Ten Fong in Design and Construction

  Serviced office space vs conventional leased offices – which is better for your business? With costs averaging around 20 per cent of annual overheads, you need to make sure that your office space is working for you. But which is better suited to your business needs – serviced / co-working space or a conventional […]


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July 11, 2018 No Comments

Relocation Provisions in Office Leases


Posted by Ten Fong in Design and Construction

  What’s this Paragraph About Substitute Premises? Commercial leases typically contain a provision allowing the Landlord to move tenants from one location within a project to another to accommodate a larger tenant should contiguous space become available during the lease term.   No tenant whether office, retail or industrial should casually accept this provision provided […]


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July 11, 2018 No Comments

Project Management for an Office Buildout


Posted by Ten Fong in Design and Construction

Why, When and Who to Hire You’ve got a project coming up that involves that whole design and construction process thing. And when you start thinking about it, the process doesn’t seem all that overwhelming? We’ve all run projects of one size or another; from installing a door knob to remodeling a house. Some of […]


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July 11, 2018 No Comments

Is Your Rent-to-Revenue Ratio on Target?


Posted by Ten Fong in Design and Construction

  Better Metrics, Better Decision Making for CRE   Most companies use a few basic metrics when comparing various office locations from a transactional standpoint or attempting to benchmark the performance of various operating properties across their real estate portfolio. The three most utilized measures are:   Cost per square foot Square feet per person […]


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July 11, 2018 No Comments

How to Structure a More Flexible Office Lease


Posted by Ten Fong in Design and Construction

Incorporating Flexibility into Long-Term Leases Lease agreements are typically fairly long-term contract arrangements, often 3-15 years. Predicting longer term business cycles beyond 2-3 years makes planning future space requirements for office tenants a difficult proposition.   Why Aren’t Short-Term Leases More Prevalent? There are multiple reasons building owners shy away from shorter term leases that […]


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July 11, 2018 No Comments

Have We Taken Workspace Efficiency Too Far?


Posted by Ten Fong in Design and Construction

  Office Space Design in the Changing Workplace   Most of us in the corporate real estate world agree that the workplace is rapidly changing. These dramatic changes to the workplace are a result of the emerging utilization of mobile devices , cloud computing, changing demographics in the workforce and corporate efficiency initiatives. Over the […]


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