As companies lay-off employees or close offices, they don’t need all their office space and seek to sublease it. In this episode, we flesh out why someone would want to sublease and the pros and cons of doing so from the perspectives of both the company disposing of its excess space and the company taking over the space. We’ll discuss questions such as:

Thanks to our sponsor, REATA Commercial Realty, Inc., which is a tenant advisory firm exclusively representing companies and non-profits which lease or purchase office, medical and warehouse space. 

Business owners often ask us whether they should consider buying a building instead of continuing to “throw away money” leasing. Today's show answers that question. 

The reasons we hear for why people don't buy usually include:  I don’t want to be a landlord, I don’t have the down payment, I want to keep the money in the business where it will earn a higher return, I don’t want to be “stuck” owning a building (prefer the “flexibility” of a lease), and I don’t know how large the company will get. Are these concerns well-founded? Definitely, but we discuss 8 reasons why buying may make sense for your company.

1. Long-term cost may be less

2. Customize for the long-term

3. Equity build-up

4. Appreciation

5. Low-interest rates

6. Flexibility

7. Multiple Assets

8. Accounting Treatment

Learn more about our sponsor REATA Commercial Realty, Inc. at www.TexasTenantRep.com or call 972-677-0028.

What will be the lasting impact of the COVID crisis on office space? Bob and Jan discuss many aspects of this including:

This podcast is sponsored by REATA Commercial Realty, Inc. - www.texastenantrep.com - which exclusively represents companies which lease or buy office and warehouse space. We never represent the landlord.

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Exercising a renewal option in a commercial lease is almost always a bad idea. It leaves so many negotiable issues on the table. But there's a better way. Renegotiate. This episode talks about how to go about that.

When should you get started planning for your lease expiration? What are the initial steps recommended?