Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Office Space: The Book
    Office Space: The Book
    Office Space: The Book
    Ebook114 pages1 hour

    Office Space: The Book

    By Barry Bass

    ()

    Read preview

    About this ebook

    This book is intended to acquaint you with the business of office space leasing, to provide information on all the critical decisions to be made to show that an office lease can be opportunistic for the tenant and how we approach it at Barry J. Bass & Co.

    Leasing office space is costly and complex. It involves knowledge of intricate and ever-changing market conditions. Barry J. Bass & Co. is a professional office leasing company representing both tenants and landlords and dedicated to obtaining the very best office space leasing opportunity for the clients we serve.

    Few tenants, who move their office every 5, 10, or 15 years, have the technical information and understanding required to negotiate for office space. The financial, legal, and construction aspects involve many variables, each with different costs and impact on your company. Obtaining a properly constructed lease document with financial advantages, along with efficient office space in the right building requires professional know-how. An office lease agreement will affect your company for many years. The achievement of an advantageous lease situation should provide protection, flexibility and opportunity.

    Initially, we help the client analyze and understand its present situation. A determination is then made as to what is presently advantageous and what needs to be changed. Based on those needs, objectives are set. We then identify all possible space opportunities and the cost of each. Our client is then able to measure the various costs of achieving each of his objectives. Because we have vast experience and understanding of office building finance we are able to create a flexible financial package to help our client obtain the desired space.

    Our goal in tenant representation is to serve the interest of the client throughout the entire space acquisition process. We work to bring economic opportunity in a lease agreement.

    LanguageEnglish
    PublisheriUniverse
    Release dateFeb 26, 2014
    ISBN9781475978506
    Office Space: The Book
    Author

    Barry Bass

    Barry J. Bass, founder of Bass Consulting takes the pain out of the costly and complex business of office leasing. For decades, Chicago area tenants and owners alike have sought out his experience and real estate savvy to find the best opportunity and fit for their needs With strong, long standing relationships in the real estate brokerage community, Mr. Bass has leased over 20 million square feet of office space and negotiated the signing of more than 1000 leases in Chicago and the surrounding area. Barry J. Bass possesses unparalleled success as owner/developer in-house and director of leasing for major high rise office buildings. He played a central role in securing the land assemblage for 120,000 square feet of the most iconic property in Chicago, the Willis Tower, formerly, the Sears Tower. He provides expert consulting in buying and selling of income property. Barry J. Bass is skilled at financial analysis and projections, mortgage loan negotiation, project marketing and leasing, negotiation of lease documents. Author of the recently released Office Space: The Book, Mr. Bass provides an insightful glimpse into the world of income property. Office Space: The Book is filled with the valuable information every prospective tenant must know before looking for new space or signing a lease agreement. A lifelong Chicago area resident and business owner, Mr. Bass is committed to helping business thrive in this great region. Leasing office space is costly and complex. You should have the knowledge and right people at your side. Award winning, licensed and highly sought aft er, Barry J. Bass expertly guides sellers and buyers to the best fit possible.

    Related to Office Space

    Related ebooks

    Business For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Beyond the City

      Jan 7, 2021

      Beyond the City
      4 min read

    • Article

      Building for Better Health

      Aug 6, 2019

      Building for Better Health
      1 min read

    • Article

      Condo IN CONTEXT

      Dec 1, 2021

      Condo IN CONTEXT
      2 min read

    • Article

      Survival Guide For Self-managers

      Feb 1, 2023

      Managing your own investment property can potentially save you money. But it can also be time consuming and is rarely stress free. But if you decide to give it a go and have the time, patience and willingness to learn new skills, it can be very fulfi

      4 min read

    • Article

      4 Things To Know About A Second Property

      Mar 4, 2022

      Mortgage applications for buy-to-let properties increased substantially last year. A second property can be a really good investment, but you need to understand the expenses and pitfalls before you sign on the dotted line. Here are some things to kee

      3 min read

    • Article

      How Much Should I Charge?

      Oct 31, 2022

      How Much Should I Charge?
      5 min read

    • Article

      Biz Start-Up Guide: Step 3 Make Plans Think Through Important Aspects of Your Future Home Business

      Sep 29, 2022

      Order at https://homebusinessmag.com/home-based-business-guide/ You know what type of business you want to go into, and that's a great start. You probably can't wait to begin. But before you do, it's essential to make plans. You need to think through

      11 min read

    • Article

      Staying Across Your Portfolio

      Sep 29, 2022

      The argument in favour of keeping property management in-house is now heard loudly, and in the same breath the perceived benefits of outsourcing these tasks is losing its pull. A big reason for this shift is just the fact there are now systems availa

      4 min read

    • Article

      Landlord’s Toolkit

      Sep 2, 2020

      Landlord’s Toolkit
      9 min read

    • Article

      Loan Application Basics

      Jan 11, 2022

      So, you’ve decided to take the plunge — you’re finally going to own the log or timber home you’ve been longing for. For most, this decision comes with an awareness that they’ll need financing to get the transaction underway and see it through to comp

      3 min read

    • Article

      Ripe For Development

      Oct 28, 2020

      Ripe For Development
      7 min read

    • Article

      No Vacancies

      May 2, 2019

      An unexpected or prolonged vacancy in a commercial property can be a disaster, so Miriam Bell talks to the experts to get their top tips for dealing with vacancies. Vacancy. It’s a small word but one with enough power to strike fear in the heart of

      3 min read

    • Article

      10 Key Points

      Dec 14, 2016

      10 Key Points
      4 min read

    • Article

      New Build Strategy

      Nov 28, 2019

      If you’re not sure how to get discounts on new builds or whom to trust, read this article. I know what to do and what not to do when it comes to buying new property – more than most people. I have experienced both sides and I can comfortably say it i

      2 min read

    • Article

      Side Hustle Showdown

      Feb 11, 2024

      Are you looking to earn extra income in 2024? If so, freelancing might be the perfect option for you! With the rise of remote work and flexible schedules, freelancing offers a great opportunity to earn money in your spare time. In this article, we wi

      9 min read

    • Article

      Brace Yourself For The Revolution

      Jun 28, 2023

      After spending two days at the AREC 2023 event with over 4,000 real estate agents and property management professionals, I was fortunate to visit Image Real Estate in Brisbane, which manages nearly 5,000 residential rental properties across Queenslan

      3 min read

    • Article

      Side Hustle Showdown

      Feb 11, 2024

      Are you looking to earn extra income in 2024? If so, freelancing might be the perfect option for you! With the rise of remote work and flexible schedules, freelancing offers a great opportunity to earn money in your spare time. In this article, we wi

      9 min read

    • Article

      Become Your Own Boss

      Jun 30, 2023

      Become Your Own Boss
      4 min read

    • Article

      The Benefits Of Using Professionals

      Feb 2, 2024

      From the get-go, a team of professionals can provide an appraisal of your property with a forecast of what you can expect to make in the market. As industry experts, management companies will leverage the best data platforms to give you key insights

      3 min read

    Related categories

    Reviews for Office Space

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Office Space - Barry Bass

      OFFICE SPACE

      THE BOOK

      Office_space.jpg

      How to Achieve the Best Office Space Opportunity Available

      BARRY BASS

      BARRYBASS@OUTLOOK.COM

      CELL: 847-302-4894

      29808.png

      Office Space

      The Book

      Copyright © 2018 by Barry Bass.

      All rights reserved. No part of this book may be used or reproduced by any means, graphic, electronic, or mechanical, including photocopying, recording, taping or by any information storage retrieval system without the written permission of the author except in the case of brief quotations embodied in critical articles and reviews.

      iUniverse

      1663 Liberty Drive

      Bloomington, IN 47403

      www.iuniverse.com

      1-800-Authors (1-800-288-4677)

      Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.

      Any people depicted in stock imagery provided by Thinkstock are models, and such images are being used for illustrative purposes only.

      Certain stock imagery © Thinkstock.

      ISBN: 978-1-4759-7851-3 (sc)

      ISBN: 978-1-4759-7850-6 (e)

      iUniverse rev. date: 11/08/2018

      Contents

      A Word About Barry J. Bass

      Qualifications Of The Expert Office Leasing Consultant

      How To Identify Your Office Space Needs

      Bass Occupancy Cost Analysis Form

      How To Identify Your Office Space Needs

      Negotiating The Cost Of Office Space

      Financial Considerations

      Bass Office Space Computer Analysis

      Where To Locate Your Business

      Locating Your Office

      Achieving Flexibility & Growth Opportunities

      Keeping Your Options Open

      How To Negotiate A Fair Lease Document

      Negotiating Lease Terms

      Which Office Building Features Are Important To You

      Office Building Features And Characteristics

      Getting What You Want In Constructing Your Office

      Work Letter & Tenant Construction

      Office Space Professionals

      Office Space Professionals

      Bass Occupancy Cost Analysis

      Bass Lease Abstract

      What You Will Find in This Book

      Introduction

      How you will benefit by reading this book

      Qualifications of the expert office leasing professional

      How to identify your office space needs

      Negotiating the cost of office space

      Financial considerations

      Bass office space computer analysis

      A sophisticated analysis of leasing alternatives

      Where to locate your office

      Achieving flexibility and growth opportunities

      Keeping your options open

      How to negotiate a fair lease document

      Negotiating leasing terms

      Which office building features are important to you

      Office building features and characteristics

      Getting what you want in constructing your office

      Work letter and tenant construction

      Office space professionals

      What other services are needed in relocating your office

      Bass occupancy cost analysis

      Bass lease abstract form

      How to keep track of complicated lease terminology

      A Word about Barry J. Bass

      Barry J. Bass, founder of Bass Consulting takes the pain out of the costly and complex business of office leasing. For decades, Chicago area tenants and owners alike have sought out his experience and real estate savvy to find the best opportunity and fit for their needs.

      With strong, long standing relationships in the real estate brokerage community, Mr. Bass has leased over 10 million square feet of office space and negotiated the signing of more than 1000 leases in Chicago and the surrounding area.

      Barry J. Bass possesses unparalleled success as owner/developer in-house and director of leasing for major high rise office buildings. He played a central role in securing the land assemblage for 120,000 square feet of the most iconic property in Chicago, the Willis Tower, formerly, the Sears Tower.

      He provides expert consulting in buying and selling of income property. Barry J. Bass is skilled at financial analysis and projections, mortgage loan negotiation, project marketing and leasing, negotiation of lease documents.

      Author of the recently released Office Space: The Book, Mr. Bass provides an insightful glimpse into the world of income property. Office Space: The Book is filled with the valuable information every prospective tenant must know before looking for new space or signing a lease agreement.

      A lifelong Chicago area resident and business owner, Mr. Bass is committed to helping business thrive in this great region.

      Leasing office space is costly and complex. You should have the knowledge and right people at your side. Award winning, licensed and highly sought after, Barry J. Bass expertly guides sellers and buyers to the best fit possible.

      Qualifications of the Expert Office Leasing Consultant

      1. Experience

      a. Length of time in business; continuing education

      b. Record of success, list clients as references to contact

      c. Hundreds of leases negotiated

      2. Knowledgeable

      a. Tenant space analysis—physical & economic

      b. Lease document analysis & negotiation

      c. Total office space market at that time

      d. Available building opportunities

      e. Keep up to date

      f. Sublease opportunities

      g. Office building financing methods

      h. Operating expenses & real estate taxes

      3. Financial capabilities

      a. Computer projection costs

      b. Preparation of proposal requests from landlords

      c. Comparative analysis of proposals

      d. Creation of alternative financial proposals

      4. Negotiation background

      a. Relationships with building and leasing agents

      b. Comparative leases in market

      c. Proven ability to obtain tenants objectives

      d. Determine reasonable alternatives

      e. Significant stature in office space community

      How to Identify Your Office Space Needs

      A complete review of your present office space situation should be done on an annual basis. When you are up-to-date

      Enjoying the preview?
      Page 1 of 1