Most commercial real estate deals are effectively decided before the lease is ever drafted. The Letter of Intent—not the lease—is where economics are set, leverage is established, and flexibility is either secured or lost.

Many tenants are surprised to learn they’re paying for more space than they actually occupy. That’s because office rents are quoted on a rentable square foot basis—your usable space plus your share of the building’s common areas like lobbies, corridors, and restrooms. While usable square feet refers to the actual “carpetable” space within your suite, rentable square feet includes your proportionate share of these shared spaces, calculated through what’s known as the building’s load factor.

🚀 If your office feels half empty, maybe its time to re-imagine it.

Hybrid work isn’t a setback—it’s a chance to redesign smarter, leaner, more collaborative spaces that fuel culture and future growth.

The San Diego office market vacancy rate increased by 160 basis points (bps) year-over-year (YOY) and rose 90 bps quarter-over-quarter (QOQ) to 13.8%.

Total availability held steady at 17.7% QOQ but is up 10 bps YOY….

I firmly believe the RTO push will continue as its challenging to build a strong corporate culture, and develop leadership in a remote environment.

San Diego’s office market has not experienced the onslaught of vacancy as many other U.S. cities have. However, certain areas do have above-average availability rates, resulting in…

I was recently meeting with a prospect, now a client, and they asked me about "Lease Gotchas" – those lease terms that may not be obvious at first but can become significant pain points…

Can we hit reset yet? I think we can all agree 2020 is not going as we all hoped or anticipated. Our hearts break for everyone that has been, and will be, impacted by the COVID-19 virus…

Most tenants don’t realize that BOMA—the group that sets office measurement standards—was created to serve landlords, not tenants. And every time those standards change, buildings “magically” grow in rentable square footage, even though the walls never move.