Choosing where to lease office space for your business in Houston is an important part of growing a business. Cost can change significantly based on location. Creating a budget and knowing the price in your preferred area is the best way to begin the search for...
Classes of Space Commercial real estate is categorized into Classes (from Class A to Class C). These classes or categories are used in the industry to denote the quality and desirability of a building. Class A space Class A properties are usually in a prime location...
Gross or Full Service Lease Though some sources break out the full service lease type from the gross lease in commercial real estate, they are usually the same. In a Gross or Full Service lease, the landlord pays for: Taxes Insurance Maintenance The gross commercial...
What kind of documents will I need in order to sign a lease? The documents required by landlords will vary depending on many factors. Some of the things that landlords generally require before they are willing to sign a lease are: Tax returns for the last two years....
Landlords usually pay all agent commissions. Agents receive one-half of the commission when the lease is signed and the other half when the tenant moves in. Commissions are normally 4% to 6% of the lease’s overall value, which is based on the space’s square footage,...
