Linkredible thanks for following me on Twitter! https://t.co/zqsxr16cuh
— Nathan K Smith (@AustinTenantAdv) November 7, 2020
from Twitter https://twitter.com/AustinTenantAdv
Friday, November 6, 2020
Linkredible thanks for following me on Twitter! https://t.co/zqsxr16cuh
from Twitter https://twitter.com/AustinTenantAdv
Thursday, November 5, 2020
Not a bad office view @ Texas State Capitol https://t.co/D2bAfdTxaF
Not a bad office view @ Texas State Capitol https://t.co/D2bAfdTxaF
— Nathan K Smith (@AustinTenantAdv) November 5, 2020
from Twitter https://twitter.com/AustinTenantAdv
Saturday, October 31, 2020
Happy Halloween! https://t.co/MowxGZ4evx
Happy Halloween! https://t.co/MowxGZ4evx
— Nathan K Smith (@AustinTenantAdv) November 1, 2020
from Twitter https://twitter.com/AustinTenantAdv
Friday, October 30, 2020
Miguel Alejandro thanks for following me on Twitter! https://t.co/Mq4Srwuyrc
Miguel Alejandro thanks for following me on Twitter! https://t.co/Mq4Srwuyrc
— Nathan K Smith (@AustinTenantAdv) October 31, 2020
from Twitter https://twitter.com/AustinTenantAdv
Just posted a photo @ Austin, Texas https://t.co/RjiNZvWRjY
Just posted a photo @ Austin, Texas https://t.co/RjiNZvWRjY
— Nathan K Smith (@AustinTenantAdv) October 30, 2020
from Twitter https://twitter.com/AustinTenantAdv
Wednesday, October 28, 2020
823 congress ave @ Congress Avenue https://t.co/dpUMxIIMRb
823 congress ave @ Congress Avenue https://t.co/dpUMxIIMRb
— Nathan K Smith (@AustinTenantAdv) October 28, 2020
from Twitter https://twitter.com/AustinTenantAdv
https://t.co/ZDIHiUCJye
— Nathan K Smith (@AustinTenantAdv) October 28, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, October 27, 2020
Smart Buy Office thanks for following me on Twitter! https://t.co/i2wYKzi9ye
Smart Buy Office thanks for following me on Twitter! https://t.co/i2wYKzi9ye
— Nathan K Smith (@AustinTenantAdv) October 27, 2020
from Twitter https://twitter.com/AustinTenantAdv
Saturday, October 24, 2020
Steve Gye thanks for following me on Twitter! https://t.co/20IMgHcz9X
Steve Gye thanks for following me on Twitter! https://t.co/20IMgHcz9X
— Nathan K Smith (@AustinTenantAdv) October 24, 2020
from Twitter https://twitter.com/AustinTenantAdv
Carbon Reduction Projects thanks for following me on Twitter! https://t.co/xoEmtIF1FO
Carbon Reduction Projects thanks for following me on Twitter! https://t.co/xoEmtIF1FO
— Nathan K Smith (@AustinTenantAdv) October 24, 2020
from Twitter https://twitter.com/AustinTenantAdv
Thursday, October 22, 2020
How to Disinfect an Office Space https://t.co/NSk5cDiqoR
How to Disinfect an Office Space https://t.co/NSk5cDiqoR
— Nathan K Smith (@AustinTenantAdv) October 22, 2020
from Twitter https://twitter.com/AustinTenantAdv
How to Disinfect an Office Space https://t.co/JKb8q1UVda
How to Disinfect an Office Space https://t.co/JKb8q1UVda
— Nathan K Smith (@AustinTenantAdv) October 22, 2020
from Twitter https://twitter.com/AustinTenantAdv
How to Disinfect an Office Space
With the rise of new viruses companies must be proactive in order to keep their employees safe and their commercial office spaces clean. Enhances in technology will allow more people to work from home, however companies will still want to lease office space. People still have a desire to socialize, and while working 100% remote is possible for some companies, it's not a good fit for all, and a lot of ideas are missed when people are not in the same room.
Cleaning is the first line of defense for viruses. To make people feel comfortable coming to the office, companies will just have to take the responsibility and get better at making their offices clean and sanitary for the employees and visitors. The CDC has a great guideline on how to clean and disinfect your facility however we have summarized them below.
To Disinfect or Sanitize?
There is a difference between the two. Sanitizing reduces bacteria on surfaces to make them safer for people to touch. Disinfecting destroys both bacteria and viruses within 30 minutes of exposure. In an office environment you want to do both, however in your most used areas it would be wise to disinfect following CDS guidelines.
Wash Hands Frequently
Washing hands with soap and water is the number 1 thing that should be addressed in the office. You would be surprised to find out the percentage of people in your office that don't wash their hands after sneezing, coughing, or using the restroom. Then those same people go around touching door knobs, staplers, phones, countertops, etc. passing all the germs that they just produced. Post signs in the office, invest in hand sanitizer, and hold a clinic on washing hands no matter how dumb people think that is.
Products to Use For Sanitizing & Disinfecting the Office Areas
A sanitizer is any substance that kills 99.9% of germs and can be used to reduce the number of germs. To completely kill germs you would want to use products such as Clorox bleach, Lysol, ethyl or ispropyl alcohol or other products listed by the EPA
What Items Need to Be Disinfected & Sanitized in the Office?
These are items often overlooked however get touched and shared more than anything else. Infrequent cleaning allows germs to grow and get passed around between all your employees. Invest in good alcohol-based sanitizer wipes or sprays and have them easily accessible for everyone. Ideally one that kills 99.9% of germs.
- Mice & Keyboards
- Pencils and Pens
- Chairs
- Phones & headsets
- Tape dispensers and staplers
- Conference Tables
- Break room countertops
- Refrigerator inside and out
- Door knobs and handles
- Break room sink handles and faucets
- Microwave
- Light switches
- Toilets
- Copy machines and printers
When to Sanitize the Office
People cough, sneeze all day long and those mucous particles fill the air and land on many of the things listed above. That being said it's a good idea to sanitize the surrounding items every time before and after every touch, cough, or sneeze. Keep in mind sanitizing products only reduce the amount of germs however that is better than nothing.
When to Disinfect the Office
Disinfecting takes much longer than sanitization (30 minutes to completely kill germs) and you will want to vacate each room first. Disinfect regularly depending on traffic and time permitting. When each room is completed you can allow people in that room and move on to the next.
Conclusion About Disinfecting Offices
Washing hands and cleaning may seem like common sense to some, however you would be surprised to find out how many people actually don't do it. If you want to completely kill viruses and bacteria then it's a good idea to disinfect touched surfaces routinely.
https://www.austintenantadvisors.com/blog/how-to-disinfect-an-office-space/ was first seen on Austin Tenant AdvisorsHow to Disinfect an Office Space
With the rise of new viruses companies must be proactive in order to keep their employees safe and their commercial office spaces clean. Enhances in technology will allow more people to work from home, however companies will still want to lease office space. People still have a desire to socialize, and while working 100% remote is possible for some companies, it's not a good fit for all, and a lot of ideas are missed when people are not in the same room.
Cleaning is the first line of defense for viruses. To make people feel comfortable coming to the office, companies will just have to take the responsibility and get better at making their offices clean and sanitary for the employees and visitors. The CDC has a great guideline on how to clean and disinfect your facility however we have summarized them below.
To Disinfect or Sanitize?
There is a difference between the two. Sanitizing reduces bacteria on surfaces to make them safer for people to touch. Disinfecting destroys both bacteria and viruses within 30 minutes of exposure. In an office environment you want to do both, however in your most used areas it would be wise to disinfect following CDS guidelines.
Wash Hands Frequently
Washing hands with soap and water is the number 1 thing that should be addressed in the office. You would be surprised to find out the percentage of people in your office that don't wash their hands after sneezing, coughing, or using the restroom. Then those same people go around touching door knobs, staplers, phones, countertops, etc. passing all the germs that they just produced. Post signs in the office, invest in hand sanitizer, and hold a clinic on washing hands no matter how dumb people think that is.
Products to Use For Sanitizing & Disinfecting the Office Areas
A sanitizer is any substance that kills 99.9% of germs and can be used to reduce the number of germs. To completely kill germs you would want to use products such as Clorox bleach, Lysol, ethyl or ispropyl alcohol or other products listed by the EPA
What Items Need to Be Disinfected & Sanitized in the Office?
These are items often overlooked however get touched and shared more than anything else. Infrequent cleaning allows germs to grow and get passed around between all your employees. Invest in good alcohol-based sanitizer wipes or sprays and have them easily accessible for everyone. Ideally one that kills 99.9% of germs.
- Mice & Keyboards
- Pencils and Pens
- Chairs
- Phones & headsets
- Tape dispensers and staplers
- Conference Tables
- Break room countertops
- Refrigerator inside and out
- Door knobs and handles
- Break room sink handles and faucets
- Microwave
- Light switches
- Toilets
- Copy machines and printers
When to Sanitize the Office
People cough, sneeze all day long and those mucous particles fill the air and land on many of the things listed above. That being said it's a good idea to sanitize the surrounding items every time before and after every touch, cough, or sneeze. Keep in mind sanitizing products only reduce the amount of germs however that is better than nothing.
When to Disinfect the Office
Disinfecting takes much longer than sanitization (30 minutes to completely kill germs) and you will want to vacate each room first. Disinfect regularly depending on traffic and time permitting. When each room is completed you can allow people in that room and move on to the next.
Conclusion About Disinfecting Offices
Washing hands and cleaning may seem like common sense to some, however you would be surprised to find out how many people actually don't do it. If you want to completely kill viruses and bacteria then it's a good idea to disinfect touched surfaces routinely.
https://www.austintenantadvisors.com/blog/how-to-disinfect-an-office-space/ was first seen on Austin Tenant AdvisorsSee this Instagram photo by @nathanksmith https://t.co/dLGkAgNV2N
See this Instagram photo by @nathanksmith https://t.co/dLGkAgNV2N
— Nathan K Smith (@AustinTenantAdv) October 22, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, October 20, 2020
ANIMALSWILD😈 thanks for following me on Twitter! https://t.co/3wEcdkUrSx
ANIMALSWILD😈 thanks for following me on Twitter! https://t.co/3wEcdkUrSx
— Nathan K Smith (@AustinTenantAdv) October 20, 2020
from Twitter https://twitter.com/AustinTenantAdv
Monday, October 19, 2020
Random house in the country. I wonder who lived here? https://t.co/0Hx1IYbdCb
Random house in the country. I wonder who lived here? https://t.co/0Hx1IYbdCb
— Nathan K Smith (@AustinTenantAdv) October 19, 2020
from Twitter https://twitter.com/AustinTenantAdv
Sunday, October 18, 2020
Cool creative office space in downtown Austin https://t.co/AuwLdB99nT
Cool creative office space in downtown Austin https://t.co/AuwLdB99nT
— Nathan K Smith (@AustinTenantAdv) October 19, 2020
from Twitter https://twitter.com/AustinTenantAdv
Awesome 9000 sf office space sublease coming soon! https://t.co/ou80IDjRDo
Awesome 9000 sf office space sublease coming soon! https://t.co/ou80IDjRDo
— Nathan K Smith (@AustinTenantAdv) October 19, 2020
from Twitter https://twitter.com/AustinTenantAdv
Friday, October 16, 2020
Lisa HockadayJackson📲 thanks for following me on Twitter! https://t.co/WVz0DkH2oU
Lisa HockadayJackson📲 thanks for following me on Twitter! https://t.co/WVz0DkH2oU
— Nathan K Smith (@AustinTenantAdv) October 17, 2020
from Twitter https://twitter.com/AustinTenantAdv
Wednesday, September 23, 2020
Ashley Gossen thanks for following me on Twitter! https://t.co/QmCzhJ2pqG
Ashley Gossen thanks for following me on Twitter! https://t.co/QmCzhJ2pqG
— Nathan K Smith (@AustinTenantAdv) September 24, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, September 22, 2020
OfficeTour thanks for following me on Twitter! https://t.co/8fNpmxtB2Y
OfficeTour thanks for following me on Twitter! https://t.co/8fNpmxtB2Y
— Nathan K Smith (@AustinTenantAdv) September 22, 2020
from Twitter https://twitter.com/AustinTenantAdv
Sunday, September 20, 2020
RAJIV KUMAR thanks for following me on Twitter! https://t.co/Bil28RRX39
RAJIV KUMAR thanks for following me on Twitter! https://t.co/Bil28RRX39
— Nathan K Smith (@AustinTenantAdv) September 21, 2020
from Twitter https://twitter.com/AustinTenantAdv
Havilah Funding thanks for following me on Twitter! https://t.co/cM7FDjCRas
Havilah Funding thanks for following me on Twitter! https://t.co/cM7FDjCRas
— Nathan K Smith (@AustinTenantAdv) September 21, 2020
from Twitter https://twitter.com/AustinTenantAdv
CRE Media and Events thanks for following me on Twitter! https://t.co/WlyldW4BM7
CRE Media and Events thanks for following me on Twitter! https://t.co/WlyldW4BM7
— Nathan K Smith (@AustinTenantAdv) September 20, 2020
from Twitter https://twitter.com/AustinTenantAdv
Friday, September 11, 2020
Reader Favorites thanks for following me on Twitter! https://t.co/6rovKoSJOo
Reader Favorites thanks for following me on Twitter! https://t.co/6rovKoSJOo
— Nathan K Smith (@AustinTenantAdv) September 11, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, September 1, 2020
Viki Smith thanks for following me on Twitter! https://t.co/jWWQH18oMB
Viki Smith thanks for following me on Twitter! https://t.co/jWWQH18oMB
— Nathan K Smith (@AustinTenantAdv) September 1, 2020
from Twitter https://twitter.com/AustinTenantAdv
Wednesday, August 26, 2020
Alliance Virtual thanks for following me on Twitter! https://t.co/piPMoW8WLQ
Alliance Virtual thanks for following me on Twitter! https://t.co/piPMoW8WLQ
— Nathan K Smith (@AustinTenantAdv) August 26, 2020
from Twitter https://twitter.com/AustinTenantAdv
Monday, August 17, 2020
Courteney Real thanks for following me on Twitter! https://t.co/7CPvup0BQY
Courteney Real thanks for following me on Twitter! https://t.co/7CPvup0BQY
— Nathan K Smith (@AustinTenantAdv) August 17, 2020
from Twitter https://twitter.com/AustinTenantAdv
Saturday, August 15, 2020
Funny Guy Fred thanks for following me on Twitter! https://t.co/BWHiqau5qM
Funny Guy Fred thanks for following me on Twitter! https://t.co/BWHiqau5qM
— Nathan K Smith (@AustinTenantAdv) August 16, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, August 11, 2020
CREgrow thanks for following me on Twitter! https://t.co/NLA5A5D2UM
CREgrow thanks for following me on Twitter! https://t.co/NLA5A5D2UM
— Nathan K Smith (@AustinTenantAdv) August 11, 2020
from Twitter https://twitter.com/AustinTenantAdv
Sunday, August 9, 2020
Sarah Ward thanks for following me on Twitter! https://t.co/ERMporwFh2
Sarah Ward thanks for following me on Twitter! https://t.co/ERMporwFh2
— Nathan K Smith (@AustinTenantAdv) August 10, 2020
from Twitter https://twitter.com/AustinTenantAdv
Saturday, July 18, 2020
TenantTracker thanks for following me on Twitter! https://t.co/CMV65CODas
TenantTracker thanks for following me on Twitter! https://t.co/CMV65CODas
— Nathan K Smith (@AustinTenantAdv) July 18, 2020
from Twitter https://twitter.com/AustinTenantAdv
Thursday, July 16, 2020
Hoss Pratt thanks for following me on Twitter! https://t.co/ive9K6mppa
Hoss Pratt thanks for following me on Twitter! https://t.co/ive9K6mppa
— Nathan K Smith (@AustinTenantAdv) July 16, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, July 14, 2020
Josh Daspit thanks for following me on Twitter! https://t.co/Qoncn6tern
Josh Daspit thanks for following me on Twitter! https://t.co/Qoncn6tern
— Nathan K Smith (@AustinTenantAdv) July 15, 2020
from Twitter https://twitter.com/AustinTenantAdv
Sunday, July 12, 2020
Sk.....SK thanks for following me on Twitter! https://t.co/1LaPXmxXSf
Sk.....SK thanks for following me on Twitter! https://t.co/1LaPXmxXSf
— Nathan K Smith (@AustinTenantAdv) July 13, 2020
from Twitter https://twitter.com/AustinTenantAdv
Monday, June 29, 2020
D. Cummins & Assoc. thanks for following me on Twitter! https://t.co/T39iMfTpT2
D. Cummins & Assoc. thanks for following me on Twitter! https://t.co/T39iMfTpT2
— Nathan K Smith (@AustinTenantAdv) June 30, 2020
from Twitter https://twitter.com/AustinTenantAdv
Saturday, June 20, 2020
Steve Gye 💧 thanks for following me on Twitter! https://t.co/20IMgHcz9X
Steve Gye 💧 thanks for following me on Twitter! https://t.co/20IMgHcz9X
— Nathan K Smith (@AustinTenantAdv) June 21, 2020
from Twitter https://twitter.com/AustinTenantAdv
Carbon Capture Projects thanks for following me on Twitter! https://t.co/xoEmtIF1FO
Carbon Capture Projects thanks for following me on Twitter! https://t.co/xoEmtIF1FO
— Nathan K Smith (@AustinTenantAdv) June 21, 2020
from Twitter https://twitter.com/AustinTenantAdv
Friday, June 19, 2020
Swivel thanks for following me on Twitter! https://t.co/XmxM5ZGlPH
Swivel thanks for following me on Twitter! https://t.co/XmxM5ZGlPH
— Nathan K Smith (@AustinTenantAdv) June 19, 2020
from Twitter https://twitter.com/AustinTenantAdv
Friday, June 5, 2020
Sites USA thanks for following me on Twitter! https://t.co/GIDFvZAZd7
Sites USA thanks for following me on Twitter! https://t.co/GIDFvZAZd7
— Nathan K Smith (@AustinTenantAdv) June 5, 2020
from Twitter https://twitter.com/AustinTenantAdv
Wednesday, June 3, 2020
What is a Commercial Leasing Brokerage? https://t.co/ZxQl2EqNKQ
What is a Commercial Leasing Brokerage? https://t.co/ZxQl2EqNKQ
— Nathan K Smith (@AustinTenantAdv) June 3, 2020
from Twitter https://twitter.com/AustinTenantAdv
What is a Commercial Leasing Brokerage? https://t.co/KMolL6ji5W
What is a Commercial Leasing Brokerage? https://t.co/KMolL6ji5W
— Nathan K Smith (@AustinTenantAdv) June 3, 2020
from Twitter https://twitter.com/AustinTenantAdv
What is a Commercial Leasing Brokerage?
In commercial real estate when you hear the term “leasing brokerage” it typically refers to a commercial real estate company that represents building owners in the lease and sale of commercial properties. You may also have heard them referred to as landlord representatives, listing broker, listing agent, landlord brokers, landlord reps, leasing brokers, etc.
Their fiduciary duty is to represent the best interests of the building owners by marketing and leasing space to prospective tenants and negotiate the highest lease rates and best terms possible.
In most cases large office, retail, and warehouse properties are owned by investment companies or real estate investment trusts (REITs). In many cases these companies are not local so they hire a local commercial lease brokerage to help them with the marketing and leasing responsibilities. They also lean on the leasing brokers for market intelligence which helps them position their properties to compete with other properties and determine the highest possible lease rates they can charge tenants at that point in time.
How Do Commercial Lease Brokers Get Paid?
Buildings owners pay all commissions which are typically 6% of the total lease amount after a lease has been signed. If a tenant representative introduced the tenant to the property then the landlord’s broker splits the commission with the tenant rep.
What is a Commercial Leasing Brokerage?
In commercial real estate when you hear the term “leasing brokerage” it typically refers to a commercial real estate company that represents building owners in the lease and sale of commercial properties. You may also have heard them referred to as landlord representatives, listing broker, listing agent, landlord brokers, landlord reps, leasing brokers, etc.
Their fiduciary duty is to represent the best interests of the building owners by marketing and leasing space to prospective tenants and negotiate the highest lease rates and best terms possible.
In most cases large office, retail, and warehouse properties are owned by investment companies or real estate investment trusts (REITs). In many cases these companies are not local so they hire a local commercial lease brokerage to help them with the marketing and leasing responsibilities. They also lean on the leasing brokers for market intelligence which helps them position their properties to compete with other properties and determine the highest possible lease rates they can charge tenants at that point in time.
How Do Commercial Lease Brokers Get Paid?
Buildings owners pay all commissions which are typically 6% of the total lease amount after a lease has been signed. If a tenant representative introduced the tenant to the property then the landlord’s broker splits the commission with the tenant rep.
Monday, June 1, 2020
World News & International Relations thanks for following me on Twitter! https://t.co/Jw2Sc97IHz
World News & International Relations thanks for following me on Twitter! https://t.co/Jw2Sc97IHz
— Nathan K Smith (@AustinTenantAdv) June 2, 2020
from Twitter https://twitter.com/AustinTenantAdv
Saturday, May 30, 2020
Steve Gye 💧 Gander Network & Climate Change Inst. thanks for following me on Twitter! https://t.co/20IMgHcz9X
Steve Gye 💧 Gander Network & Climate Change Inst. thanks for following me on Twitter! https://t.co/20IMgHcz9X
— Nathan K Smith (@AustinTenantAdv) May 31, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, May 26, 2020
SCGWest thanks for following me on Twitter! https://t.co/phnPltDkDm
SCGWest thanks for following me on Twitter! https://t.co/phnPltDkDm
— Nathan K Smith (@AustinTenantAdv) May 26, 2020
from Twitter https://twitter.com/AustinTenantAdv
Josh Daspit thanks for following me on Twitter! https://t.co/Qoncn6tern
Josh Daspit thanks for following me on Twitter! https://t.co/Qoncn6tern
— Nathan K Smith (@AustinTenantAdv) May 26, 2020
from Twitter https://twitter.com/AustinTenantAdv
Thursday, May 21, 2020
Reader Favorites thanks for following me on Twitter! https://t.co/6rovKoSJOo
Reader Favorites thanks for following me on Twitter! https://t.co/6rovKoSJOo
— Nathan K Smith (@AustinTenantAdv) May 21, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, May 19, 2020
Ryan HamNer thanks for following me on Twitter! https://t.co/1mUn5cIGjC
Ryan HamNer thanks for following me on Twitter! https://t.co/1mUn5cIGjC
— Nathan K Smith (@AustinTenantAdv) May 20, 2020
from Twitter https://twitter.com/AustinTenantAdv
Stephen Quinonez thanks for following me on Twitter! https://t.co/1IQ6hzr7zy
Stephen Quinonez thanks for following me on Twitter! https://t.co/1IQ6hzr7zy
— Nathan K Smith (@AustinTenantAdv) May 19, 2020
from Twitter https://twitter.com/AustinTenantAdv
Wednesday, May 13, 2020
Naomi Phuti thanks for following me on Twitter! https://t.co/teJZn6Vtu5
Naomi Phuti thanks for following me on Twitter! https://t.co/teJZn6Vtu5
— Nathan K Smith (@AustinTenantAdv) May 13, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, May 12, 2020
Online Shopping in india ebusyworld thanks for following me on Twitter! https://t.co/KmenqIuPZR
Online Shopping in india ebusyworld thanks for following me on Twitter! https://t.co/KmenqIuPZR
— Nathan K Smith (@AustinTenantAdv) May 12, 2020
from Twitter https://twitter.com/AustinTenantAdv
Monday, May 4, 2020
CBRE Retail thanks for following me on Twitter! https://t.co/dSmLTFNWuF
CBRE Retail thanks for following me on Twitter! https://t.co/dSmLTFNWuF
— Nathan K Smith (@AustinTenantAdv) May 4, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, April 28, 2020
CBRE Retail thanks for following me on Twitter! https://t.co/dSmLTFNWuF
CBRE Retail thanks for following me on Twitter! https://t.co/dSmLTFNWuF
— Nathan K Smith (@AustinTenantAdv) April 28, 2020
from Twitter https://twitter.com/AustinTenantAdv
Monday, April 27, 2020
Magsushi Magsushi thanks for following me on Twitter! https://t.co/GpMKlGC6rZ
Magsushi Magsushi thanks for following me on Twitter! https://t.co/GpMKlGC6rZ
— Nathan K Smith (@AustinTenantAdv) April 27, 2020
from Twitter https://twitter.com/AustinTenantAdv
Monday, April 20, 2020
Reader Favorites thanks for following me on Twitter! https://t.co/6rovKoSJOo
Reader Favorites thanks for following me on Twitter! https://t.co/6rovKoSJOo
— Nathan K Smith (@AustinTenantAdv) April 21, 2020
from Twitter https://twitter.com/AustinTenantAdv
Reader Favorites thanks for following me on Twitter! https://t.co/6rovKoSJOo
Reader Favorites thanks for following me on Twitter! https://t.co/6rovKoSJOo
— Nathan K Smith (@AustinTenantAdv) April 20, 2020
from Twitter https://twitter.com/AustinTenantAdv
Orrin I. Goodwin thanks for following me on Twitter! https://t.co/egKveZt0FI
Orrin I. Goodwin thanks for following me on Twitter! https://t.co/egKveZt0FI
— Nathan K Smith (@AustinTenantAdv) April 20, 2020
from Twitter https://twitter.com/AustinTenantAdv
Friday, April 10, 2020
Deepinder Singh thanks for following me on Twitter! https://t.co/VY4uTgzyJJ
Deepinder Singh thanks for following me on Twitter! https://t.co/VY4uTgzyJJ
— Nathan K Smith (@AustinTenantAdv) April 10, 2020
from Twitter https://twitter.com/AustinTenantAdv
Check out my latest article: I Can’t Afford to Keep Paying My Monthly Commercial Lease Payments https://t.co/WfgpkNICvE via @LinkedIn
Check out my latest article: I Can’t Afford to Keep Paying My Monthly Commercial Lease Payments https://t.co/WfgpkNICvE via @LinkedIn
— Nathan K Smith (@AustinTenantAdv) April 10, 2020
from Twitter https://twitter.com/AustinTenantAdv
Wednesday, April 8, 2020
What is the Commercial Lease Commencement Date? https://t.co/Rypj1r8tcF https://t.co/aPxXbNcdor
What is the Commercial Lease Commencement Date? https://t.co/Rypj1r8tcF pic.twitter.com/aPxXbNcdor
— Nathan K Smith (@AustinTenantAdv) April 8, 2020
from Twitter https://twitter.com/AustinTenantAdv
What is the Commercial Lease Commencement Date?
The lease commencement date in a commercial lease typically refers to the start date of the lease term. It’s worth noting that the lease commencement date is not always the date the Tenant begins paying rent as rent abatement or early occupancy may have been negotiated.
Commercial lease commencement dates will be written differently in leases depending on the existing condition of the space or what has been negotiated.
For example if tenant improvements are needed you may see the lease commencement date stated as the earlier or later of the date a Tenant occupies any portion of a space and begins conducting business or the date on which the improvements have been completed by the landlord as per the work letter.
If no tenant improvements are needed the lease commencement date may say the earlier of a specified date or the date when a Tenant begins occupying the space.
Example Lease Commencement Date With Tenant Improvements
The earliest of (a) the date on which Tenant occupies any portion of the Premises and begins conducting business therein, (b) the date on which the Work (as defined in Exhibit D hereto) in the Premises is Substantially Completed (as defined in Exhibit D hereto), or (c) 90 days after the date on which Landlord tenders possession of the Premises to Tenant (subject to the terms and conditions set forth in Section 3 of the Lease).
Example Lease Commencement Date Without Tenant Improvements
As used herein, “Commencement Date” means the date which is the earlier to occur of (i) May 1, 2020 or (ii) the date on which Tenant begins occupancy of the Leased Premises. Within five (5) calendar days after the Commencement Date or at any time thereafter on the request of Landlord, Tenant shall execute and deliver to Landlord a declaration, similar in form to Exhibit “F” attached hereto, specifying and verifying, among other things, the Commencement Date, the Rent Commencement Date and Termination Date, the number of rentable square feet, Tenant’s initial Tenant’s Share of Operating Costs, the rent schedule, prepaid rent, if any, the amount of the security deposit, and such other information the Landlord may request, including acceptance of construction, if construction was a part of the Lease terms.
What is the Commercial Lease Commencement Date?
The lease commencement date in a commercial lease typically refers to the start date of the lease term. It’s worth noting that the lease commencement date is not always the date the Tenant begins paying rent as rent abatement or early occupancy may have been negotiated.
Commercial lease commencement dates will be written differently in leases depending on the existing condition of the space or what has been negotiated.
For example if tenant improvements are needed you may see the lease commencement date stated as the earlier or later of the date a Tenant occupies any portion of a space and begins conducting business or the date on which the improvements have been completed by the landlord as per the work letter.
If no tenant improvements are needed the lease commencement date may say the earlier of a specified date or the date when a Tenant begins occupying the space.
Example Lease Commencement Date With Tenant Improvements
The earliest of (a) the date on which Tenant occupies any portion of the Premises and begins conducting business therein, (b) the date on which the Work (as defined in Exhibit D hereto) in the Premises is Substantially Completed (as defined in Exhibit D hereto), or (c) 90 days after the date on which Landlord tenders possession of the Premises to Tenant (subject to the terms and conditions set forth in Section 3 of the Lease).
Example Lease Commencement Date Without Tenant Improvements
As used herein, “Commencement Date” means the date which is the earlier to occur of (i) May 1, 2020 or (ii) the date on which Tenant begins occupancy of the Leased Premises. Within five (5) calendar days after the Commencement Date or at any time thereafter on the request of Landlord, Tenant shall execute and deliver to Landlord a declaration, similar in form to Exhibit “F” attached hereto, specifying and verifying, among other things, the Commencement Date, the Rent Commencement Date and Termination Date, the number of rentable square feet, Tenant’s initial Tenant’s Share of Operating Costs, the rent schedule, prepaid rent, if any, the amount of the security deposit, and such other information the Landlord may request, including acceptance of construction, if construction was a part of the Lease terms.
What is the Commercial Lease Commencement Date? https://t.co/bt6iIWCcfD
What is the Commercial Lease Commencement Date? https://t.co/bt6iIWCcfD
— Nathan K Smith (@AustinTenantAdv) April 8, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, April 7, 2020
Midtown Commercial Realty thanks for following me on Twitter! https://t.co/N4IqnxHQH6
Midtown Commercial Realty thanks for following me on Twitter! https://t.co/N4IqnxHQH6
— Nathan K Smith (@AustinTenantAdv) April 8, 2020
from Twitter https://twitter.com/AustinTenantAdv
Belldon Colme thanks for following me on Twitter! https://t.co/gcm3AogJHt
Belldon Colme thanks for following me on Twitter! https://t.co/gcm3AogJHt
— Nathan K Smith (@AustinTenantAdv) April 8, 2020
from Twitter https://twitter.com/AustinTenantAdv
Saturday, April 4, 2020
Havilah Funding thanks for following me on Twitter! https://t.co/cM7FDjCRas
Havilah Funding thanks for following me on Twitter! https://t.co/cM7FDjCRas
— Nathan K Smith (@AustinTenantAdv) April 4, 2020
from Twitter https://twitter.com/AustinTenantAdv
Sunday, March 29, 2020
How Will COVID-19 Impact Office Space Rentals and Usage? https://t.co/S9RAFd04V2
How Will COVID-19 Impact Office Space Rentals and Usage? https://t.co/S9RAFd04V2
— Nathan K Smith (@AustinTenantAdv) March 29, 2020
from Twitter https://twitter.com/AustinTenantAdv
How Will COVID-19 Impact Office Space Rentals and Usage? https://t.co/LZAdbLDNHK https://t.co/YeNcbVYPhV
How Will COVID-19 Impact Office Space Rentals and Usage? https://t.co/LZAdbLDNHK pic.twitter.com/YeNcbVYPhV
— Nathan K Smith (@AustinTenantAdv) March 29, 2020
from Twitter https://twitter.com/AustinTenantAdv
How Will COVID-19 Impact Office Space Rentals and Usage?
There are a lot of opinions about how people will use office space post COVID-19. At the end of the day this is uncharted territory for us all. Nobody really knows how companies will use office space after all of this dies down, however they are entitled to their own opinions. Below are some guesses to ponder as we work through this. As you can see more people think office space usage will decrease as a result of COVID-19
Office Space Usage Decrease
- Office space won’t be used as much
- Companies will use less space and will encourage more remote working.
- Office space will be used more for only holding meetings and having a home base to meet up.
- Even before COVID-19 plenty of successful companies of all sizes were fully remote.
- Technology will change to make us feel more in the presence of others when working remotely.
- The COVID-19 quarantine has forced businesses to work remotely thus giving them the opportunity to realize that there is no reason for employees to drive to the office everyday or hop on a plan for every little meeting. Also they realize it’s possible to train people remotely then having to have them fly out to the company head quarters.
- Companies who once told employees it wasn’t possible to accommodate work from home will lose every disability accommodate battle going forward. With COVID forcing WFH everyone will see that it is possible.
- Some Fortune 500 companies are already talking about not going back to the office for the unforeseen future.
- Business will lease smaller office space square footage for the extroverts that want to socialize more. Introverts will still be allowed to WFH.
- In person meetings will decrease and more focus on only having meetings when absolutely necessary.
- In person meetings will be reserved for team building, fixing problems, and having fun.
- When a company grows to more than 5 people the norm will be 80% work from home or from their preferred coworking facility, and the remaining work from the office. Then meet periodically for live peer to peer experiences 5-10 days per month for 5 hours each time.
- Decision makers will realize how little office space they truly need. The number of remote workers will increase.
- If COVID-19 hasn’t taught us that needing an office is completely unnecessary then we aren’t learning the right lessons.
- So much time will be saved in not having to find a phone booth for private calls or being late for a meeting because the conference room was used by a group that did not reserve it.
- Some people predict companies will realize they don’t need as many employees than they have. More downsizing will occur more than working from home.
- Remote working will increase however many employees will struggle with it. How people adapt to this will determine their success.
- This is going to be a seismic rift that will take years to get back to normal.
- More remote working means companies have a larger talent pool to choose from.
- This will be the ultimate experiment and the anti-open office space trend.
- Lot’s of companies will realize how much money they are wasting on office space and how much time their employees wast driving to and from the office. If companies can learn how to manage at home workers they will see a huge boost in productivity.
- Cubicle farm will be the thing of the past.
- Major companies are telling their employees that they probably won’t have everyone work in the office after COVID-19.
Office Space Usage Will Change a Little
- Humans are humans, people will still want to lease office space
- There is value in the learning that takes place in overhearing the conversations in the office.
- Not every company will have a remote working policy. This will help them to scale easier as needed. More hoteling desks will be created. Fewer employees will have a permanent desk.
- There is going to be a tremendous backlash of people wanting to be around each other again, however they may not want to give up working from home entirely.
- People are seeing this as the 100 year storm and everything will be back to normal in a year.
- People have not been very productive during the COVID-19 issue for various reasons. Based on that management may be hesitant to roll out WFH.
- In a completely remote culture more ideas will be lost entirely or never be seeded.
- More remote workers may deemphasize company cultures.
Coworking
Coworking will continue to specialize. Rather than just for being around people so you don’t have to work alone or the stage the company is in, they will specialize into the type of business and industry. People want to be around like minded people. People want specialization and be around people that specialize in what they do.
How Will COVID-19 Impact Office Space Rentals and Usage?
There are a lot of opinions about how people will use office space post COVID-19. At the end of the day this is uncharted territory for us all. Nobody really knows how companies will use office space after all of this dies down, however they are entitled to their own opinions. Below are some guesses to ponder as we work through this. As you can see more people think office space usage will decrease as a result of COVID-19
Office Space Usage Decrease
- Office space won’t be used as much
- Companies will use less space and will encourage more remote working.
- Office space will be used more for only holding meetings and having a home base to meet up.
- Even before COVID-19 plenty of successful companies of all sizes were fully remote.
- Technology will change to make us feel more in the presence of others when working remotely.
- The COVID-19 quarantine has forced businesses to work remotely thus giving them the opportunity to realize that there is no reason for employees to drive to the office everyday or hop on a plan for every little meeting. Also they realize it’s possible to train people remotely then having to have them fly out to the company head quarters.
- Companies who once told employees it wasn’t possible to accommodate work from home will lose every disability accommodate battle going forward. With COVID forcing WFH everyone will see that it is possible.
- Some Fortune 500 companies are already talking about not going back to the office for the unforeseen future.
- Business will lease smaller office space square footage for the extroverts that want to socialize more. Introverts will still be allowed to WFH.
- In person meetings will decrease and more focus on only having meetings when absolutely necessary.
- In person meetings will be reserved for team building, fixing problems, and having fun.
- When a company grows to more than 5 people the norm will be 80% work from home or from their preferred coworking facility, and the remaining work from the office. Then meet periodically for live peer to peer experiences 5-10 days per month for 5 hours each time.
- Decision makers will realize how little office space they truly need. The number of remote workers will increase.
- If COVID-19 hasn’t taught us that needing an office is completely unnecessary then we aren’t learning the right lessons.
- So much time will be saved in not having to find a phone booth for private calls or being late for a meeting because the conference room was used by a group that did not reserve it.
- Some people predict companies will realize they don’t need as many employees than they have. More downsizing will occur more than working from home.
- Remote working will increase however many employees will struggle with it. How people adapt to this will determine their success.
- This is going to be a seismic rift that will take years to get back to normal.
- More remote working means companies have a larger talent pool to choose from.
- This will be the ultimate experiment and the anti-open office space trend.
- Lot’s of companies will realize how much money they are wasting on office space and how much time their employees wast driving to and from the office. If companies can learn how to manage at home workers they will see a huge boost in productivity.
- Cubicle farm will be the thing of the past.
- Major companies are telling their employees that they probably won’t have everyone work in the office after COVID-19.
Office Space Usage Will Change a Little
- Humans are humans, people will still want to lease office space
- There is value in the learning that takes place in overhearing the conversations in the office.
- Not every company will have a remote working policy. This will help them to scale easier as needed. More hoteling desks will be created. Fewer employees will have a permanent desk.
- There is going to be a tremendous backlash of people wanting to be around each other again, however they may not want to give up working from home entirely.
- People are seeing this as the 100 year storm and everything will be back to normal in a year.
- People have not been very productive during the COVID-19 issue for various reasons. Based on that management may be hesitant to roll out WFH.
- In a completely remote culture more ideas will be lost entirely or never be seeded.
- More remote workers may deemphasize company cultures.
Coworking
Coworking will continue to specialize. Rather than just for being around people so you don’t have to work alone or the stage the company is in, they will specialize into the type of business and industry. People want to be around like minded people. People want specialization and be around people that specialize in what they do.
Wednesday, March 25, 2020
Force Majeure In Commercial Leases https://t.co/KjUYPPq9ua
Force Majeure In Commercial Leases https://t.co/KjUYPPq9ua
— Nathan K Smith (@AustinTenantAdv) March 25, 2020
from Twitter https://twitter.com/AustinTenantAdv
Force Majeure In Commercial Leases
Commercial lease contracts have a ton of clauses that can be confusing for tenants. You can’t negotiate every contract the same way because tenants have different needs and negotiating leverage maybe stronger or weaker depending on the size and financial strength of the company. In most cases many of the lease clauses will never have a negative affect on a tenant, however it’s important that they understand them. Some clauses will never come into play unless an extraordinary event occurs such as a Force Majeure.
What Does the Force Majeure Clause Mean?
Force Majeure is a clause that can be added to a contract that can free the parties involved from an obligation or extend the time they have to perform an obligation when an extraordinary event beyond their control (eg. earthquake, flood, etc) prevents one or both parties from fulfilling their contractual obligations.
Force Majeure in Commercial Lease Contracts
Most commercial lease contracts include some sort of force majeure clause between the landlord and tenant. Each must fulfill their obligations of the lease contract however their performance maybe excused or their time to perform may be extended in certain situations beyond their control. For example:
- The tenants ability to pay rent
- Landlords ability to deliver the space, provide services, etc.
Some examples of situations that a party might need more time or be excused are strikes, riots, acts of God, shortages of labor or materials, war, terrorist acts or activities, governmental laws, regulations, or restrictions, or any other causes of any kind whatsoever which are beyond the control of such party.
Some force majeure clauses may include pandemic, epidemic, disease, or similar terms, however if yours does not contain those it still may be triggered. For example if the government prohibits a tenant from occupying its space.
Is the Force Majeure Clause Negotiable?
Like everything in commercial lease contracts force majeure is a negotiable item. It’s one of those things that you never think about negotiating until something like a coronavirus pandemic occurs.
Keep in mind Commercial lease force majeures don’t always unbind both the landlord and tenant from lease obligations. If you are a tenant you must negotiate to have that included.
Can a Tenant Get Free Rent?
In most cases tenants are still on the hook to pay the landlords the monthly rent. Landlord attorneys do a great job of including language that excludes tenants from being able to use force majeure as a reason to not pay rent. Landlords might extend the time for a tenant to pay rent however more than likely tenants won’t be excused.
Examples of force majeures in commercial leases
Below are some real examples force majeure clauses found in a few commercial leases
Office Lease Force Majeures
#1 In the event that Landlord shall be delayed in the performance of any obligation hereunder as a result of strikes, lockouts, shortages of labor, fuel or materials, acts of God, legal or governmental requirements, fire or other casualty, or any other cause beyond the control of Landlord (collectively, “Force Majeure”), then the performance of such obligation shall be excused for the period of such delay, and the period for the performance of such obligation shall be extended by the number of days equivalent to the number of days of such delay. Landlord shall in no event be required to settle or compromise any strike, lockout or other labor disputes, the resolution thereof being within the sole discretion of Landlord.
#2 Other than for Tenant’s obligations under this Lease that can be performed by the payment of money (e.g., payment of Rent and maintenance of insurance), whenever a period of time is herein prescribed for action to be taken by either party hereto, such party shall not be liable or responsible for, and there shall be excluded from the computation of any such period of time, any delays due to strikes, riots, acts of God, shortages of labor or materials, war, terrorist acts or activities, governmental laws, regulations, or restrictions, or any other causes of any kind whatsoever which are beyond the control of such party.
Warehouse Lease Force Majeures
For purposes of this Lease, the term “Unavoidable Delay” shall mean any delays due to strikes, lockouts, civil commotion, warlike operations, invasion, rebellion, hostilities, military or usurped power, sabotage, government regulations or controls, governmental actions, regulations, or legal requirements, including, without limitation, requirements of the City of San Antonio, Bexar County, San Antonio Water System (SAWS), Texas Commission on Environmental Quality (TCEQ), or Texas Department of Transportation (TxDOT); the discovery of any caves, sinkholes, endangered species or other environmental conditions subject to regulation by TCEQ, U.S. Fish & Wildlife Agency, or other applicable governmental agencies, inability to obtain any material, utility, or service because of governmental restrictions, hurricanes, floods, or other natural disasters, acts of God, weather delays, including, but not limited to, significant rainfall, freezing weather, or the effects of significant weather (i.e., muddy conditions that prohibit access to the worksite), or any other cause beyond the direct control of the party delayed (not including the insolvency or financial condition of that party or the increased cost of obtaining labor and materials). Notwithstanding anything in this Lease to the contrary, if Landlord or Tenant shall be delayed in the performance of any act required under this Lease by reason (other than the payment of Rent or any other monetary obligations) of any Unavoidable Delay, then performance of the act shall be excused for the period of the delay and the period for the performance of the act shall be extended for a reasonable period, in no event to exceed a period equivalent to the period of the delay.
Here are some other resources to check out regarding Force Majeure and the Coronavirus impact from MR LLP and BakerDonelson.
This blog post is not offered, and should not be relied on, as legal advice. You should consult an attorney for advice in specific situations.
Force Majeure In Commercial Leases
Commercial lease contracts have a ton of clauses that can be confusing for tenants. You can’t negotiate every contract the same way because tenants have different needs and negotiating leverage maybe stronger or weaker depending on the size and financial strength of the company. In most cases many of the lease clauses will never have a negative affect on a tenant, however it’s important that they understand them. Some clauses will never come into play unless an extraordinary event occurs such as a Force Majeure.
What Does the Force Majeure Clause Mean?
Force Majeure is a clause that can be added to a contract that can free the parties involved from an obligation or extend the time they have to perform an obligation when an extraordinary event beyond their control (eg. earthquake, flood, etc) prevents one or both parties from fulfilling their contractual obligations.
Force Majeure in Commercial Lease Contracts
Most commercial lease contracts include some sort of force majeure clause between the landlord and tenant. Each must fulfill their obligations of the lease contract however their performance maybe excused or their time to perform may be extended in certain situations beyond their control. For example:
- The tenants ability to pay rent
- Landlords ability to deliver the space, provide services, etc.
Some examples of situations that a party might need more time or be excused are strikes, riots, acts of God, shortages of labor or materials, war, terrorist acts or activities, governmental laws, regulations, or restrictions, or any other causes of any kind whatsoever which are beyond the control of such party.
Some force majeure clauses may include pandemic, epidemic, disease, or similar terms, however if yours does not contain those it still may be triggered. For example if the government prohibits a tenant from occupying its space.
Is the Force Majeure Clause Negotiable?
Like everything in commercial lease contracts force majeure is a negotiable item. It’s one of those things that you never think about negotiating until something like a coronavirus pandemic occurs.
Keep in mind Commercial lease force majeures don’t always unbind both the landlord and tenant from lease obligations. If you are a tenant you must negotiate to have that included.
Can a Tenant Get Free Rent?
In most cases tenants are still on the hook to pay the landlords the monthly rent. Landlord attorneys do a great job of including language that excludes tenants from being able to use force majeure as a reason to not pay rent. Landlords might extend the time for a tenant to pay rent however more than likely tenants won’t be excused.
Examples of force majeures in commercial leases
Below are some real examples force majeure clauses found in a few commercial leases
Office Lease Force Majeures
#1 In the event that Landlord shall be delayed in the performance of any obligation hereunder as a result of strikes, lockouts, shortages of labor, fuel or materials, acts of God, legal or governmental requirements, fire or other casualty, or any other cause beyond the control of Landlord (collectively, “Force Majeure”), then the performance of such obligation shall be excused for the period of such delay, and the period for the performance of such obligation shall be extended by the number of days equivalent to the number of days of such delay. Landlord shall in no event be required to settle or compromise any strike, lockout or other labor disputes, the resolution thereof being within the sole discretion of Landlord.
#2 Other than for Tenant’s obligations under this Lease that can be performed by the payment of money (e.g., payment of Rent and maintenance of insurance), whenever a period of time is herein prescribed for action to be taken by either party hereto, such party shall not be liable or responsible for, and there shall be excluded from the computation of any such period of time, any delays due to strikes, riots, acts of God, shortages of labor or materials, war, terrorist acts or activities, governmental laws, regulations, or restrictions, or any other causes of any kind whatsoever which are beyond the control of such party.
Warehouse Lease Force Majeures
For purposes of this Lease, the term “Unavoidable Delay” shall mean any delays due to strikes, lockouts, civil commotion, warlike operations, invasion, rebellion, hostilities, military or usurped power, sabotage, government regulations or controls, governmental actions, regulations, or legal requirements, including, without limitation, requirements of the City of San Antonio, Bexar County, San Antonio Water System (SAWS), Texas Commission on Environmental Quality (TCEQ), or Texas Department of Transportation (TxDOT); the discovery of any caves, sinkholes, endangered species or other environmental conditions subject to regulation by TCEQ, U.S. Fish & Wildlife Agency, or other applicable governmental agencies, inability to obtain any material, utility, or service because of governmental restrictions, hurricanes, floods, or other natural disasters, acts of God, weather delays, including, but not limited to, significant rainfall, freezing weather, or the effects of significant weather (i.e., muddy conditions that prohibit access to the worksite), or any other cause beyond the direct control of the party delayed (not including the insolvency or financial condition of that party or the increased cost of obtaining labor and materials). Notwithstanding anything in this Lease to the contrary, if Landlord or Tenant shall be delayed in the performance of any act required under this Lease by reason (other than the payment of Rent or any other monetary obligations) of any Unavoidable Delay, then performance of the act shall be excused for the period of the delay and the period for the performance of the act shall be extended for a reasonable period, in no event to exceed a period equivalent to the period of the delay.
Here are some other resources to check out regarding Force Majeure and the Coronavirus impact from MR LLP and BakerDonelson.
This blog post is not offered, and should not be relied on, as legal advice. You should consult an attorney for advice in specific situations.
Force Majeure In Commercial Leases https://t.co/cIPb8NrQCC https://t.co/iAsmip2Oe1
Force Majeure In Commercial Leases https://t.co/cIPb8NrQCC pic.twitter.com/iAsmip2Oe1
— Nathan K Smith (@AustinTenantAdv) March 25, 2020
from Twitter https://twitter.com/AustinTenantAdv
Tuesday, March 24, 2020
Christopher Pawelski thanks for following me on Twitter! https://t.co/Kgzb5nCzoH
Christopher Pawelski thanks for following me on Twitter! https://t.co/Kgzb5nCzoH
— Nathan K Smith (@AustinTenantAdv) March 24, 2020
from Twitter https://twitter.com/AustinTenantAdv
Monday, March 23, 2020
Alliance Virtual thanks for following me on Twitter! https://t.co/piPMoW8WLQ
Alliance Virtual thanks for following me on Twitter! https://t.co/piPMoW8WLQ
— Nathan K Smith (@AustinTenantAdv) March 23, 2020
from Twitter https://twitter.com/AustinTenantAdv
Saturday, March 21, 2020
Lou Beaird thanks for following me on Twitter! https://t.co/eungx3CtBi
Lou Beaird thanks for following me on Twitter! https://t.co/eungx3CtBi
— Nathan K Smith (@AustinTenantAdv) March 21, 2020
from Twitter https://twitter.com/AustinTenantAdv
Friday, March 20, 2020
XSPACE thanks for following me on Twitter! https://t.co/faz2IIRmYY
XSPACE thanks for following me on Twitter! https://t.co/faz2IIRmYY
— Nathan K Smith (@AustinTenantAdv) March 20, 2020
from Twitter https://twitter.com/AustinTenantAdv
Thursday, March 19, 2020
Reader Favorites thanks for following me on Twitter! https://t.co/6rovKoSJOo
Reader Favorites thanks for following me on Twitter! https://t.co/6rovKoSJOo
— Nathan K Smith (@AustinTenantAdv) March 19, 2020
from Twitter https://twitter.com/AustinTenantAdv
Orrin I. Goodwin thanks for following me on Twitter! https://t.co/egKveZt0FI
Orrin I. Goodwin thanks for following me on Twitter! https://t.co/egKveZt0FI
— Nathan K Smith (@AustinTenantAdv) March 19, 2020
from Twitter https://twitter.com/AustinTenantAdv
Lois K. Gibson thanks for following me on Twitter! https://t.co/5VjV3702Xk
Lois K. Gibson thanks for following me on Twitter! https://t.co/5VjV3702Xk
— Nathan K Smith (@AustinTenantAdv) March 19, 2020
from Twitter https://twitter.com/AustinTenantAdv
Wednesday, March 18, 2020
Gloria Santos thanks for following me on Twitter! https://t.co/QMcSlor690
Gloria Santos thanks for following me on Twitter! https://t.co/QMcSlor690
— Nathan K Smith (@AustinTenantAdv) March 18, 2020
from Twitter https://twitter.com/AustinTenantAdv
Climate Change Institute Research thanks for following me on Twitter! https://t.co/xoEmtIF1FO
Climate Change Institute Research thanks for following me on Twitter! https://t.co/xoEmtIF1FO
— Nathan K Smith (@AustinTenantAdv) March 18, 2020
from Twitter https://twitter.com/AustinTenantAdv
Friday, March 13, 2020
Frank Cottle thanks for following me on Twitter! https://t.co/lv6NKSPv38
Frank Cottle thanks for following me on Twitter! https://t.co/lv6NKSPv38
— Nathan K Smith (@AustinTenantAdv) March 13, 2020
from Twitter https://twitter.com/AustinTenantAdv
Thursday, March 12, 2020
Digsy thanks for following me on Twitter! https://t.co/xhhvEAhgAj
Digsy thanks for following me on Twitter! https://t.co/xhhvEAhgAj
— Nathan K Smith (@AustinTenantAdv) March 12, 2020
from Twitter https://twitter.com/AustinTenantAdv
Friday, February 28, 2020
823 Congress Ave Austin Tx 78701 – Office Space Rental Guide https://t.co/Z9p3ht4pDc
823 Congress Ave Austin Tx 78701 – Office Space Rental Guide https://t.co/Z9p3ht4pDc
— Nathan K Smith (@AustinTenantAdv) February 29, 2020
from Twitter https://twitter.com/AustinTenantAdv
823 Congress Ave Austin Tx 78701 – Office Space Rental Guide
823 Congress Ave is a high rise office building located at the Southeast corner of the intersection of North Congress Ave and East 9th St. It’s just 2 blocks from the Texas State Capital and 3 blocks from the historic district of 6th street and entertainment district. The entrance to the building is on E 9th St.
Originally built in 1974 the building has recently undergone new interior and exterior renovations that include a new modern lobby, corridor and restroom updates, a common conference room, fitness facility, bicycle parking, showers, and tenant lounge. 823 Congress also has it’s own parking garage making it easy to leave the office.
Office Building Information
- Year Built – 1974
- Total rentable square feet – 181,381
- Number of Stories – 16
- Typical Floor Size – 13,751 sf
- Core Factor – 18%
This building has a diverse tenant mix including media, technology, and professional services. 823 Congress is a smart choice for any company that wants to be in a high quality fully renovated office building.
Parking
The parking ratio is .99/1,000 sf. There are 220 covered parking spaces. 823 Congress has it’s own parking garage attached to the building which is very convenient
Building Amenities
- Fitness Gym with showers
- Bicycle parking
- Tenant Lounge
- Common area building conference room free to use
- Building concierge and on-site security
- 4 elevator cabs 1st – 15th
- Fiber Lit building
- Pocket Park
- Floor to ceiling glass
- Views of The Capital & Downtown Austin
Transportation
- 30 minutes to the Austin-Bergstom International Airport
- 15 to 20 minutes to the Domain
- Walking distance to the Texas State Capital
- Walking distance to 100’s of restaurants and bars
Office Pricing at 823 Congress Ave
Asking office rents at 823 Congress Ave are currently $61.40 sf / yr (base rate $38 sf + $23.40 nnn). Electric and janitorial services are included. Call us for details (512) 861-0525. Sample pricing as follows
| 1500 SF Office | 2500 SF Office | 5000 SF Office |
|---|---|---|
| $7,675 Per Month | $12,791.66 per month | $25,583 per month |
New Tenants can lease turn-key fully constructed offices that are ready for immediate occupancy or raw spaces that the Landlord will build-to-suit. When an office is custom-built (built-to-suit) expect to commit to 3-5 year lease.
Sample office layout shown below:
Available Office Space
If you are interested in renting nice office space in downtown Austin at 823 Congress Ave give us a call at 512-861-0525. We can help you negotiate the best deal possible. Austin Tenant Advisors is a No Fee commercial realtor with 15 years of experience representing businesses that lease office space in Downtown Austin, Tx. Our goal is to help you find the right space at the right price.
823 Congress Ave Austin Tx 78701 – Office Space Rental Guide
823 Congress Ave is a high rise office building located at the Southeast corner of the intersection of North Congress Ave and East 9th St. It’s just 2 blocks from the Texas State Capital and 3 blocks from the historic district of 6th street and entertainment district. The entrance to the building is on E 9th St.
Originally built in 1974 the building has recently undergone new interior and exterior renovations that include a new modern lobby, corridor and restroom updates, a common conference room, fitness facility, bicycle parking, showers, and tenant lounge. 823 Congress also has it’s own parking garage making it easy to leave the office.
Office Building Information
- Year Built – 1974
- Total rentable square feet – 181,381
- Number of Stories – 16
- Typical Floor Size – 13,751 sf
- Core Factor – 18%
This building has a diverse tenant mix including media, technology, and professional services. 823 Congress is a smart choice for any company that wants to be in a high quality fully renovated office building.
Parking
The parking ratio is .99/1,000 sf. There are 220 covered parking spaces. 823 Congress has it’s own parking garage attached to the building which is very convenient
Building Amenities
- Fitness Gym with showers
- Bicycle parking
- Tenant Lounge
- Common area building conference room free to use
- Building concierge and on-site security
- 4 elevator cabs 1st – 15th
- Fiber Lit building
- Pocket Park
- Floor to ceiling glass
- Views of The Capital & Downtown Austin
Transportation
- 30 minutes to the Austin-Bergstom International Airport
- 15 to 20 minutes to the Domain
- Walking distance to the Texas State Capital
- Walking distance to 100’s of restaurants and bars
Office Pricing at 823 Congress Ave
Asking office rents at 823 Congress Ave are currently $61.40 sf / yr (base rate $38 sf + $23.40 nnn). Electric and janitorial services are included. Call us for details (512) 861-0525. Sample pricing as follows
| 1500 SF Office | 2500 SF Office | 5000 SF Office |
|---|---|---|
| $7,675 Per Month | $12,791.66 per month | $25,583 per month |
New Tenants can lease turn-key fully constructed offices that are ready for immediate occupancy or raw spaces that the Landlord will build-to-suit. When an office is custom-built (built-to-suit) expect to commit to 3-5 year lease.
Sample office layout shown below:
Available Office Space
If you are interested in renting nice office space in downtown Austin at 823 Congress Ave give us a call at 512-861-0525. We can help you negotiate the best deal possible. Austin Tenant Advisors is a No Fee commercial realtor with 15 years of experience representing businesses that lease office space in Downtown Austin, Tx. Our goal is to help you find the right space at the right price.
823 Congress Ave Austin Tx 78701 – Office Space Rental Guide https://t.co/iER2UfxUnK https://t.co/ENBQYGmdFR
823 Congress Ave Austin Tx 78701 – Office Space Rental Guide https://t.co/iER2UfxUnK pic.twitter.com/ENBQYGmdFR
— Nathan K Smith (@AustinTenantAdv) February 28, 2020
from Twitter https://twitter.com/AustinTenantAdv
Wednesday, February 26, 2020
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— Nathan K Smith (@AustinTenantAdv) February 26, 2020
from Twitter https://twitter.com/AustinTenantAdv
Monday, February 17, 2020
Local Industries thanks for following me on Twitter! https://t.co/WHiTmDyt53
Local Industries thanks for following me on Twitter! https://t.co/WHiTmDyt53
— Nathan K Smith (@AustinTenantAdv) February 17, 2020
from Twitter https://twitter.com/AustinTenantAdv
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