Tag: covid19

The Right Price: The Other Costs in Commercial Lease Terms Tenants Should Keep in Mind

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions

Once the perfect relocation spot is scouted and secured, and the paperwork is drawn up and presented, there is a strong temptation to rush through lease clauses and sign off without scrutiny to just tie a bow on the deal and be done with it. But rushing into signing a commercial lease without giving the terms a thorough read can have detrimental consequences, particularly financially.  Having a tenant representation broker as well as a competent real estate attorney provide their services in looking over a lease before it’s signed is critical in this respect. By doing the due diligence and bringing in expert help, commercial renters and buyers are able to address many easily overlooked lease terms — such as the following — and avoid any costly oversights in the process.  Continue reading “The Right Price: The Other Costs in Commercial Lease Terms Tenants Should Keep in Mind”

The Remote Ripple Effect: COVID-19 is Re-Shaping Future Office Requirements

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions

The return to in-person office working has been slow and cautious, and for good reason. COVID-19 unapologetically upended the standard of “business as usual”, and has made many office workers gun-shy about setting foot in a physical space within arms-reach of co-workers once again. Business-owners have been diligent in taking employee concerns into account when considering how best to approach getting workers back into a central office space, and the solutions they have come up with have been reshaping what features will become popular in future offices in general.  Continue reading “The Remote Ripple Effect: COVID-19 is Re-Shaping Future Office Requirements”

How E-Commerce in the Time of COVID-19 is Driving Change in Warehouse Demand

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions

If there is a single piece of consistency with the COVID-19 novel coronavirus, it is that it is causing disruption across industries. Forcing countless individuals to comply with stay-at-home orders on top of factors limiting in-store shopping, COVID-19 created the perfect conditions to drive consumers toward e-commerce solutions. Almost overnight, online outlets became the primary source of shopping for essential goods, and in the U.S., the amount of essential goods being purchased has been rapidly ballooning. By the numbers, online sales increased 40% from May 26th–June 1st, compared to the number of overall online sales between Feb. 24th–March 1st, according to Signifyd, Inc.  Continue reading “How E-Commerce in the Time of COVID-19 is Driving Change in Warehouse Demand”