In case you missed them, here are some of our top Commercial Real Estate articles from the iOptimize Realty® blog in January 2020:
CRE Technology Trends for 2020
While 2019 was an exciting year in the world of commercial real estate, 2020 promises even more change. The world of "prop-tech" and "CRE tech" moves quickly and unpredictably, but here are four trends that we think will be ready for prime time as we move into the 2020s and beyond.
6 Trends in CRE to Watch in 2020
With a new year -- and a new decade -- coming, the commercial real estate world can expect more change. 2020's going to be an interesting year, and here are the five trends we're watching.
2020's Top Office Markets to Watch
In a trend first identified in the middle of this decade, America's second cities are beginning to take first place in the office market of the 20's decade. When you look at the hottest office markets, you won't find New York, Washington DC and Chicago. Instead, you'll find a mix of quirky primary markets and many strong secondary options.
Death of the Net Lease
Many years ago, rent was simple. A business moved into a building, and sent its landlord a check every month. Perhaps that tenant paid directly for the services that got billed to it (like communications, coffee service and maybe electricity), but it generally knew what it would pay, when it would pay it, and how much those payments would change from month to month or -- more commonly -- from year to year.
What to Know About Usable & Rentable Sq. Ft.
When it comes to most office buildings, the space you lease isn't the space you pay for. While you occupy your usable square footage, your lease is calculated based on your rentable square footage. This increases your total bill by anywhere from 10 to 30 percent. While these charges are unavoidable, understanding them can help you both set a realistic budget and potentially choose a more efficiently built building to minimize their impact.
Here are a few other articles to check out: