Starting out on the right foot is critical when moving
your company. knowing what to expect and what to ask for will make a
big difference for a few years to come!
What is your plan for your
next move? When will it start? What will you do to get the best deal
possible? How much will it cost?
These questions and many others can
be answered in advance. Consider them as you read this months edition!
Best regards,
Rob Cassam
Carolina
Realty Advisors
704-442-1774 Ext. 100
|
|
Eight Easy Steps To Moving |
Unfortunately the process of moving your
company began the moment the decision was made to move and will not be
complete until every invoice is paid, every scratch is mended, and everybody
is settled into your new facility.
I suggest that the move be broken down into
eight easy to manage phases:
1. Inventorying all items to be moved,
refurbished or sold.
2. Developing an action plan for the
move.
3. Preparing RFP's and obtaining
estimates from the movers and firm bids from other vendors.
4. Selecting a moving company and
other vendors to be used in the move.
5. Educating your employees about the
move.
6. Packing and preparing your
furniture, equipment and contents for the move.
7. Supervising the actual move.
8. Post move follow up.
|
|
Improvement Tips For Getting Tenant Improvements |
Tenant Improvements: Now you see them, now you don't. If improvements are to be
made to the leased premises prior to the tenant’s occupancy, the tenant must
understand the economic impact of such improvements and know what it will get.
Understand that getting such improvements is increasingly difficult in today's
economy given that landlords cannot secure tenant improvement financing like
they used to. Here are some important tilps:
Make certain that the
obligation to pay rent and other charges do not begin until the tenant
improvements are complete.
Determine whether the landlord will be
designing and constructing the tenant improvements at its sole cost (a "turnkey"
arrangement) or whether the landlord will be giving the tenant an allowance,
with either the tenant or landlord designing and constructing the improvements
(an "allowance" arrangement).
Before entering into the lease, in an
allowance arrangement, the tenant should have final space plans and estimates
for the work so that the tenant is not exposed for the cost of improvements in
excess of the landlord’s allowance or, at the very least, will know how much it
will have to pay.
In both turnkey and allowance arrangements, the tenant
must be certain to work with a competent broker and space planner to make
certain that the space will be built out to satisfy the tenant’s needs
.
Where the landlord does the design work, reserve the right to look at, review
and approve all designs and materials utilized, and the right to make changes up
through the design stage of the tenant improvement design documents.
Additionally, in an allowance arrangement, make sure that the allowance will not
be used up for base building work, such as bathrooms located in common areas,
asbestos abatement, or sprinkler systems.
Agreement should be made as to
the disposition of the landlord allowance if the actual tenant improvements cost
less than the allowance. The landlord would like to keep the unused portion of
the allowance, but the tenant should attempt to get the landlord to apply the
allowance to the costs of other work that is the responsibility of the tenant
under the lease or work letter, pay it to the tenant, off-set it against future
rent, or allow the tenant to use some portion of it.
Negotiate remedies
for landlord-caused delay and carefully define and limit the consequences of
tenant-caused delay.
If you are not sure what you are doing, get help!
See your attorney or tenant rep broker! |
|
How Much Will It Cost You To Drive?
So you are going to Grandmas for the weekend. Ever wonder what it will cost
to drive there and back in your new buggy?
These folks have created
a neat site to help you quickly and easily discover how much it costs to
drive anywhere in the US. This fun and useful site will give you the
approximate cost for driving any route you choose. Happy travels!
Click Here For This Tool
|
|
Contact Information |
|
|
|
What I do... |
|
I
provide
real estate brokerage services for small and medium sized businesses, investors,
and individuals who are fed up with loosing money, paying too much, spending too
much time not getting the right piece of property for their particular
situation.
I act as the quarterback in the real estate transaction for my clients who coach
me in managing all of their different needs.
My clients love not needing to worry about making bad decisions or bad
investments and love winning negotiations.
Ask yourself these questions:
What types of growing pains is your company facing with your location?
Are rising occupancy costs a challenge your company is facing?
Is having too much space or not enough space a challenge your company is
facing?
How much of a problem is dead equity in your property for you?
How long are you prepared to go on doing nothing about situations in
your business that are not quite right?
Give me a call, I may be able to help with your lease or purchase!
|
How To
Lease Commercial Property |
|
