One of the primary considerations of any lease is the length of the Lease Term.  Sometimes flexibility requires a very short lease, and sometimes a lease needs to be longer to amortize a significant tenant improvement investment.  So, how long of a lease term should you sign up for?  There are quite a few factors to...Read More

Sale-Leasebacks, in real estate, are financial transactions whereby an owner of real estate sells its property and then leases it back for a long term.  These transactions have been popular for decades and are a consistent form of financing for businesses.  The question is: Is a Sale-Leaseback right for you? Sale-Leasebacks are not the right solution...Read More

While my inner punk rocker smiles at the term, the Damage and Destruction clause in any office lease is no laughing matter.  Although seldom used, it can be the most serious provision in a lease if a major destructive event (Fire, Flood, Earthquake, etc.) affects the occupancy of a building. While many tenants have never had...Read More

Sometimes I sit down to write a blog thinking that I will just wax poetic about real estate and inspire myself or somebody else to come up with a great idea on how to better transact real estate.  Then the hard part comes.  Ideas, time to write, finding some interesting pictures (got to have them…)...Read More

CBRE Project Management recently gave a presentation on changes to California Building Standards Code aka “Title 24” that will take effect on January 1st, 2014. The new requirements are aimed to “reduce energy bills, increase energy delivery and reliability, and improve economic conditions for the State of California” (Hah!). Any projects that apply for permit on...Read More

Everybody wants to reduce their carbon footprint these days, and for good reason.  Companies are catering to a demographic that is continually more concerned about the environment – both for their own health and for the health of the environment.  A lot of the changes that can be made to acheive these concerns and ambitions...Read More

If you live in California you are used to new laws encumbering business seemingly everyday.  Well, this month is no different.  California has two new regulations that are supposed to take effect on July 1, 2013, the Accessibility Statute and the Energy Disclosures Regulations.  But of course, the state isn’t quite ready for the onslaught...Read More

Many companies thrive on collaboration. “Creative” space combined with technology enhances collaboration by creating spaces that encourage in-promptu exchanges within a structured office environment.  It typically looks cool too.  But the “coolness” has much less to do with the function of the space than the architecture and “branding” of the space.” Creative or traditional, today’s...Read More

I was lucky enough to have a business / pleasure trip to Amsterdam recently.  What a great place!  As a Californian I haven’t thought much about the impact that the Netherlands has on the world, but when you visit, you realize how much influence the Dutch have had globally.  Widely regarded as the first capitalist country, the...Read More

Assignment and Subleasing Below are some simple rules to live by when negotiating sublease and assignment rights from Gregg Pasternak: The Assignment and Subleasing clause is one of the most heavily negotiated in the Lease. Although most tenants do not expect to effectuate a transfer during their lease term, many do end up needing to...Read More