Chew's News

The importance of conducting a financial analysis of an office lease

Posted by Greg Chew on Apr 10, 2015 10:47:30 AM

Estimated reading time: 3 minutes

If you are searching for an office in the commercial office market in Niagara or Hamilton, one that makes the best sense for your business financially and operationally, you should be conducting a financial analysis of each lease proposal. Entering into a lease is a long term decision decision for your company and a financial analysis will allow you to have transparency and complete understanding of the financial implications of that decision. Lease proposals include complicated and detailed outlines of the terms and conditions of the lease. A financial analysis effectively breaks down the financial impacts of the terms and conditions to get a true cost of your lease over its term. As you can see, a financial analysis is a great tool to use to compare your lease proposals.

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Topics: Commercial real estate metrics

The difference between usable and rentable square feet

Posted by Greg Chew on Mar 24, 2015 3:00:00 PM

Estimated reading time: 3 minutes

 

When looking at commercial real estate in Niagara and Hamilton, you'll eventually encounter the question of usable or rentable square feet. If you're making a commercial investment, you know the value of income producing properties in the commercial real estate market and will be looking to expand your real estate portfolio. If you are not investing, you may be examining the commercial office market and looking to move your business to a larger office. Whether you're an investor or a renter, it is crucial to understand the difference between usable and rentable square feet. While the difference between the two may seem obvious, it will have an effect on the price you ultimately pay or receive from your tenants. 

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Topics: Portfolio, Commercial real estate metrics

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