If you are like most people, you probably think that managing a lease is not rocket science. You sign a contract, pay the rent, and move in, right? Well, not exactly. When it comes to commercial real estate (CRE), lease management can be a complex, time-consuming, and costly process. That’s why specialized CRE accountants can…
Canada is an enormous country and in-between our major cities are a multitude of small municipalities, also known as tertiary markets. These places don’t have an established commercial real estate scene like we’re used to seeing in places like Toronto, Montreal, or Vancouver. As a business, finding and leasing quality space in one of these…
By partnering closely with our Transaction and Legal teams, our Project Management team can ensure that build outs, if needed, are properly negotiated into your leases. Here is a good article on the different types commercial build outs and who is responsible for paying it. https://www.tylercauble.com/blog/what-is-commercial-build-out
One of the biggest benefits of outsourcing your facility management needs is giving business managers the opportunity to focus on their own responsibilities — without maintaining day-to-day facility operations. Freeing them up will give them time to focus on issues that are critical to the company. Many organizations will seek to outsource varying levels of…
Maintains Efficiency Facility management services goes beyond the day-to-day tasks; it will incorporate maintenance and upkeep. Meaning that your facility management services team will proactively manages your facilities rather than reacting to emergencies. This will keep your equipment operating at top efficiency and minimize potential downtime of your business. Minimizes the Cost of Occupying a…
Conflicts will be inevitable in any sizable construction project. It’s best to have an intermediary and someone to stand up for your right when this occurs. That’s why it’s smart to partner with a seasoned and professional project manager at Landmark to represent you. When you encounter obstacles, you need to get a grasp of…
Any system that makes day-to-day administration of your real estate portfolio easier is a system worth considering. There are plenty of reasons to consider utilizing lease accounting software in your company’s operations, all in the name of simplifying daily lease administration processes. To educate you on the benefits of lease administration software, we’ve outlined a…
The Challenge After an initial 7 year term, Emco’s lease was coming up for renewal in Kitchener, ON. The location was good, the building met the needs of the operation and the lease provided for a 5 year renewal option. On paper, it seemed like a straight forward process however, market rates for similar space had…
For those looking for a place to run your business, entering into a commercial real estate negotiation might seem as straightforward as renting your first apartment. Many of the moving parts feel the same: there’s a lease, you pay rent, you have a landlord, and it’s all very straightforward. But in fact, a commercial real…
Expertise in commercial real estate lease administration and audit is crucial to reduce costs and pay the correct amount that you should share with other tenants as per your lease terms. For a great start, clear lease language written by knowledgeable lawyers will help you avoid confusion when your Landlord sends you his year end…