Is New Orleans the new New York?

Commercial Real Estate New Orleans

Chances are that food, drink and Mardi Gras comes to mind when you hear the name “New Orleans”. However, today, this booming area is becoming a breeding ground for new and innovative technologies, a thriving center for films and is a shining example of the motto “Open for Business”.   What’s happening in New Orleans […]

How to Reduce Your Office Moving Costs

empty office chair

When negotiating a lease, most business owners and decision makers focus solely on rent and forget about the other potential costs.  There will be moving-related expenses that you face when relocating to a new office building, and you should be aware of them.  There may also be move-out provisions in your new lease that could […]

The Hidden Truth about Parking Costs in New Orleans

parking lot full

When leasing office space, parking costs can quickly eat away at your bottom line if you are not careful.  However, this cost largely depends on which part of the city you are looking at.  Parking is generally the most expensive for tenants in downtown markets.  New Orleans is a good example.  In the Central Business […]

Gross Lease vs. Net Lease–What’s the best value?

electrical grid

When looking for office space, you will likely encounter a few different lease types.  What do the different leases mean and what is the best value?  In this article we will discuss each type of lease and how to compare your options. If you have ever rented an apartment or condominium in the past, you […]

How to Reduce Operating Expenses In Your Lease

cutting money

Operating expenses are the total costs that the Landlord pays to keep a commercial office building running. They include utilities (electricity, water, sewage),janitorial, maintenance, supplies, security, administrative costs, building insurance, and property taxes. The most common type of office lease is the gross lease, sometimes called a full service lease, in which all these operating […]

The 7 Mistakes of Leasing Office Space, Part 1

Man Signing Contract

Congratulations!  Your business is growing and you’re ready to upgrade into a larger office, or you are leasing your own office space for the first time.   Perhaps you are just looking for a better deal. So now what?  As a business owner or key decision maker, it is your responsibility to carefully consider all […]

The 7 Mistakes of Office Leasing, Part 2

Man Signing Contract

In Part 1 of our series we examined three of the costliest mistakes tenants make when leasing office space .  Those mistakes included tenants not giving themselves enough time to adequately search for space and negotiate a lease;  tenants failing to understand their space needs; and tenants not taking their corporate identity and long term […]