Understanding Today's Office Space Discounts

By
Commercial Real Estate Agent with GILES COMMERCIAL REALTY GROUP

Recent article on GlobeSt.com is applicable to most major metro markets.

In addition, the underlying concept of economy of scale is generally present regardless of the paticular point in an economic cycle, i.e. a smaller office space of comparable quality to a larger office space in the same or similar property, will command a higher lease rate on a per square foot basis.

Read the GlobeSt.com article here: http://www.globest.com/news/1551_1551/newyork/182502-1.html 

About Giles Commercial Realty Group:  www.OfficeTenantAdvisors.com

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GILES COMMERCIAL REALTY GROUP provides expert advisory/advocacy services exclusively to companies that lease or own commercial real estate to house their business operations. Services include acquisitions by Lease or Purchase, extensions/renewals/renegotiations, planning, research, analysis, site selection, negotiation, relocation coordination, ongoing administration, disposition, etc. Acquisition services are typically rendered at no cost to client as leasing and sale fees are customarily paid by landlords and sellers. Principal Michael R. Giles has provided solution-driven services with exceptional results to clients ranging from start-ups to Fortune 100 companies for over 23 years throughout Greater Boston and Eastern Massachusetts.

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