COMMERCIAL REAL ESTATE NEWS

ITRA Global is pleased to announce that Office Space Brokers LLC has been selected to be the exclusive member firm representing the Tampa, Florida MSA. This strategic alliance underscore’s Office Space Brokers LLC’s dedication to providing high-quality, tenant-focused commercial real estate services in the Tampa Bay area.

Even though the pandemic is in the rearview mirror, many employees continue to work from home on a full time or hybrid basis. However, many employers are urging employees to return to the office either full time or at least 2 to 3 days per week. Employees who are primarily working from home have some top objections to returning to the office, even on a hybrid basis.

During a recent call, a national credit tenant with numerous offices discussed an expansion in Austin, Texas. The head of IT highlighted a crucial point: the risks of being locked into an agreement with an off-net internet provider. He said that if the tenant needed to terminate the lease early, it could cost an additional $50,000.

There are five questions that help outline the minimum requirements that a company owner/decision maker should consider before embarking on your next leasing adventure:

I recently received a call from an accountant who sounded concerned. "I think my client is about to make a big mistake with his commercial lease renewal," he said. "I'm glad you called," I replied. "But what makes you say that?" He explained, "The landlord told my client that if he didn’t involve his real estate broker in the renewal he could give him a better deal."

ITRA Global is pleased to announce that Mammoth Realty LLC has been selected as the exclusive member firm representing the Charlotte, North Carolina MSA.

n an awards ceremony at the ITRA Global conference in Santa Monica, California, Charles Tatham, SIOR, MRICS was presented with the esteemed Exemplary Service Award for his professional excellence and enduring commitment to ITRA Global. 

International Tenant Representative Alliance (“ITRA Global”) and Alliance of Tenant Representatives (“ATR”) are thrilled to announce their merger to form one of the world’s largest and most influential organizations providing conflict-free representation to tenants and occupiers of commercial real estate.

Mark Twentyman, President of Kingbridge Realty Advisors and ITRA Global's Northern New Jersey Member, has received the prestigious Ronald R. Pollina PhD Leadership Award at the 2024 ITRA Global Conference in Los Angeles, California.

ITRA Global Members recently met up in LA for our annual in-person conference.