Best Practices for Reducing Office Space Costs

Market-wise and space-efficient ways to lower office space leasing costs.

CEO Reducing Office Costs Execsense

Format          45 Minute Lesson
Chapters       8
Skill Level     New to Topic
Audience      C-Suite
Includes       Access for 1 year. Stream on all devices.

Course Description

In this lesson, ExecSense and expert, Alfredo Munoz (Founder & Principal – ABIBOO Architecture), examine everything you need to know about reducing your current office space costs, new terms being accepted by office buildings, negotiation strategies with your current (or prospective) landlord and capitalizing on current market conditions.

In this 45-minute session, you will learn:

  • What every executive should know about renegotiating an existing lease, signing a new lease, or finding ways to lower current real estate costs, and more in the current economic and real estate environment in 2016
  • The 10 best ways to save money on leases including: request free rent when resigning; ask for a rent decrease; reset your base year; and add a cap for CAM and shared costs such as after hours air conditioning
  • Specific negotiation strategies for renewing terms with your current landlord, taking advantage of buildings that have a low level of occupancy, and getting the terms that are most important to you
  • Learn about selecting a realtor or real estate broker; why size matters, experience is essential, and why you need your broker to allow an out-clause in the contract
  • A line-by-line look at the most up-to-date office lease, highlighting terms that are most negotiable right now and specific wording examples of what you should ask for
  • Specific case studies of how 3 executives have recently renegotiated their existing lease or found new office space that saved their company significant amounts of money, their tips and techniques on what worked best, and important lessons learned to lower office space costs in 2016

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ExecSense Speaker

Alfredo Munoz
Founder & Principal, ABIBOO Architecture
Business Operations

ExecSense_Alfredo Munoz

Alfredo Munoz is the founder and director of ABIBOO Architecture. He is an architect in Spain and International Associate of the American Institute of Architects.

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His practice and research focuses on the development of integral processes at the intersection of arts, engineering, sensorial approach to architecture and anthropology.

Prior to ABIBOO Architecture, Alfredo Munoz worked in Europe, the Middle East, India, Japan and the USA for internationally renowned architects like Campo Baeza (Spain), Inaki Abalos & Juan Herreros (Spain), Toyo Ito (Japan) and Skidmore, Owings and Merrill (SOM) (USA) on major projects worldwide. He has been a Visiting Professor at European University in Madrid and lectured at Columbia University in New York, University of Pennsylvania, Pescara University, the Stockholm Royal Institute of Technology and Tongji University in Shanghai, among others.

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