To start off, in most triple net leases, the tenant is responsible to keep the building in a similar condition that they received it in. Once again, the condition report of the building (plumbing, mechanical, electrical, etc.) before moving in is important. This will help you, as the tenant, to prove that you have maintained the condition of the building. We understand that there is much...
This depends on who you ask - the landlord says you should lease, and the contractor says you should build and buy! Here's what we have seen: Many large companies that we lease to do not own their own building because they receive a better return on their money from their business equipment or from producing their widget than they do from owning a building. Many large companies...
Can a landlord really build in cost effective ways to save tenants money during and at the end of a lease? True Story One of our international clients had an employee from a foreign county that was just learning how to drive. You might recall when learning to drive that they tell you to keep your heel on the floor to help control the gas pedal more effectively. Well…….imagine...
As much as your business requires thoughtful planning, your landlord needs to have a plan for your business. We can probably assume you want to grow your business. Well, what is the plan when you grow out of your space? Your landlord should develop their resources as your business grows too. Is your landlord flexible like Gumby? To be clear, we are not insinuating that they can do the splits like...
Too many business attempt to do a deal without knowing who they are dealing with. As good as the virtual space is, you should always spend some time in person with your landlord. Why you should get to know your landlord in person? Why do businesses still spend thousands of dollars per year on flights to meet people "IN PERSON" instead of doing the deal over the phone or on Skype? If you are...
You can never be too prepared. This especially rings true with construction projects. A poorly executed project can cost hundreds of thousands of dollars and even legal issues in the end. Starting a construction project can be daunting. There are so many steps to take before driving the first nail. Because of required permits, licenses, government regulations, legal precautions, materials, engineering...
Moving can be scaryRelocating a business or factory production line presents is a daunting project. However, the light at the end of the tunnel offered by monetary savings and the prospect of streamlining is an enticing one. The truth is, a lot can go wrong. Here, we share three company relocation mistakes to avoid to save time and money. Mistake #1 - Waiting to Secure PrintsWe start off with arguably...
Mistake #1 - Partnering with a resource-scarce landlord As much as your business requires thoughtful planning, your landlord needs to have a plan for your business. We can probably assume you want to grow your business. Well, what is the plan when you grow out of your space? Your landlord should develop their resources as your business grows too. Is your landlord flexible like Gumby? To be...
This depends on who you ask - the landlord says you should lease, and the contractor says you should build and buy! Here's what we have seen: Many large companies that we lease to do not own their own building because they receive a better return on their money from their business equipment or from producing their widget than they do from owning a building. Many large companies don't want to deal...
The words ‘interior design” may conjure up images of floral wallpaper patterns and designer furniture. What relationship do these things have to a steel building? None. That said, an interior designer is critical to a successful project, which is precisely why we have worked closely with several professionals over the years. Here are 6 critical reasons an interior Designer will improve your...
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