In today’s competitive environment it’s important for companies who lease warehouse space to do so smartly. You must find the best warehouse locations however remain flexible enough to allow you to contract and expand as your demand in inventory goes up or down. Think more than price Finding a good price for warehouse space leases […]
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When leasing retail space it’s important to track certain metrics to make sure your retail stores are profitable. One way to track same store sales over time or to compare sales in different retail store locations is to calculate sales per square foot (sf). Sales per square foot is a calculation of the dollar amount of
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A common barometer for having a successful retail store is the amount of sales per square foot (ft) you have from month to month or year to year. Leasing retail space is expensive so it’s important to ensure that each store maximizes its gross sales per square foot of space leased. The better location you
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Statistics show that 70% of the time office tenants end up renewing their office lease. In a lot of cases they are excited about renewing since they did not have to go through the cost and hassle of relocating, however landlords are just as excited. Landlords expect renewals to happen and in most cases the
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I get this question all the time and still some business decision makers choose to find and rent commercial space on their own. That is fine as long as they have the TIME, and are equipped with the same tools, experience, and resources as building owners, landlords, and their listing agents. However in most cases they
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When comparing various commercial real estate (office, retail, or warehouse space) locations for lease or rent most business owners and companies typically compare locations based on 7 common measurements: Monthly Rent Yearly Rent Total Lease amount over the term Effective rental rate (in Sf) for the entire lease term Rental Cost per square foot Occupancy cost per person Square feet per person
When negotiating & leasing office space you want to make sure you make the best financial decision possible. To make informed, quality decisions you must evaluate the economics of each property using a process of financial analysis that organizes and interprets data using a variety of procedures, tools and principles. This requires more than simply
Financial Analysis as a Negotiating Tool When Leasing Office Space Read More »
The common thinking regarding medical office design is that these spaces must follow a particular pattern. Most spaces use the traditional waiting-reception-exam rooms pattern, but there are a number of emerging tech trends that will forever alter the traditional design patterns and allow for excellent functionality while utilizing significantly less square footage. Get Up, Stand
Tech Trends Affecting Minimalistic Medical Office Space Design Read More »
When done right office space planning will: Create employee job satisfaction and engagement Help you recruit and retain top talent Encourage interaction and teamwork Create a sense of culture and community Be functional by accommodating employees different duties Make the space flexible in a way that companies can adapt to changing business conditions Promote better use
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When leasing commercial real estate (office, retail, warehouse space) landlords WILL require some sort of financials and credit information about you personally and/or your business. Whether you are an existing business or a startup (especially when you’re a startup) you will be required to show proof that you have the financial ability to pay rent. There is
Financial & Credit Information Needed to Lease Commercial Real Estate Read More »
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