CHICAGO—(February 7, 2012)—ITRA Global, one of the largest real estate organizations devoted to the representation of corporate tenants and occupiers of commercial real estate worldwide, has announced the ITRA Global 2012 General Conference will be held March 30 through April 1 at the Fairmont Hotel in Pittsburgh. Carrie S. Holstead, chairman of the board of [...]
We’re asked all the time: what is a “normal security deposit”? Unfortunately, the truth is… it depends. Let’s start with the basics: the security deposit is a reflection of and hedge against the landlord’s perceived financial risk.
This tax season you want to evaluate the pass throughs or increases over a base year that your landlord charges you. More than likely you received a bill which shows the actual cost billed less any payments for these costs.
Did you know that the single largest expense to a landlord in running a commercial office building in Manhattan (outside of debt service) is real estate taxes? And did you know that 48.10% of New York City’s total tax revenue or 26.7% of its total 65.9 billion dollar budget is derived from real estate related taxes? Yes, that’s billion with a B. And in case we haven’t gotten your attention yet, did you know that in the last decade, real estate taxes have increased by 108%?
Aras Corp. will soon have a new headquarters, but relocating from its current space here at 300 Brickstone Square, will be as seamless for the burgeoning technology firm as one could imagine. After considering options throughout Interstate 495 North, Aras staff need only take the elevator two levels down from the ninth floor into nearly [...]
“The West is America’s new heartland, and it is increasingly a dominant region of population growth and political influence,” says economist and corporate relocation expert Dr. Ronald R. Pollina in the just-released Pollina Corporate Top 10 Pro-Business States for 2011: The Rise of the West. In the annual study of job retention and creation by [...]
Liquid Metal Battery Corp. has leased 10,000 Sf , signing a long-term lease at Blackstone Square, a four-building complex in the city’s CambridgePort district. ITRA/The Stevens Group provided tenant advisory services to LMBC in the transaction. Blackstone Square Founded in 2010 by MIT researchers Donald Sadoway, David Bradwell and Dr. Luis Ortiz, the energy sector [...]
Some of us speak Greek, Spanish, French or Mandarin in addition to English. We think we can speak real estate, but you had better know someone who can speak fine print or your lease terms could get lost in translation.
Debra Stracke Anderson CCIM, SIOR, President of Sloan Street Advisors / ITRA, announced that the company represented Toole Design Group, a valued client of ITRA/The Stevens Group, Boston, MA, in leasing 7,918 square feet of office space located at The Plaza At Station Square, 8484 Georgia Avenue, Silver Spring, MD. The Plaza at Station Square [...]
Virginia Beach, VA., July 2011 – ITRA / ExclusiveTenantRep.com announced that it has represented SAIC in leasing 9,100 Sq Ft of office space located at 3421 Chandler Creek Road.
