57 – Building Out Your Interior: Be Careful Of These Easy-To-Avoid Disasters!

Good morning and welcome to Episode 57 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

In today’s episode Craig walks us through the process of doing an interior build out. There is a huge amount of variation with the space you’re leasing.

It could be turn key, which would be the most simple scenario. This means that the space meets your needs and you can move in.

Or, there might be a work letter so where you and the landlord plan very specific changes to the space together. The landlord will usually want to ensure quality work is done to the space. You’ll probably have a tenant improvement contribution to work with. Craig’s advice is to make sure you keep an eye on that figure.

On the other end of spectrum your space could be a raw shell, giving you a lot of work to do. Make sure you know what is provided here.

Watch out for surprise fees in your lease like Impact Fees. Impact fees offset the cost to the municipality of the added burden of your business to the infrastructure: traffic, utility expansion, etc.

Give Craig a call if you’d like to learn more. He can be reached at 800-962-2419. Thanks for tuning in and have a fantastic day!

Helpful Links:

For more information, be sure to visit LeaseSmart.com

56 – Not Nearby? How Does Nationwide Consulting Work?

Good morning and welcome to Episode 56 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

In today’s episode Craig tells us about the deals he has been working on throughout the country. He matches tenants up with experts in site selection in many major cities and from that point he consults on leases in all 50 states. He reviews the business aspects of your lease in just a day or two and returns it so you can move along with your deal.

Give Craig a call if you’d like to learn more. He can be reached at 800-962-2419. Thanks for tuning in and have a fantastic day!

Helpful Links:

For more information, be sure to visit LeaseSmart.com

55 – Need a “Bad Cop” on Your Side? Being too Nice is Expensive!

Good morning and welcome to Episode 55 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

In today’s episode Craig talks about the advantages of having a ‘bad cop’ on your side when negotiating your lease. This is one of the great benefits of having an agent working on your behalf. You get to retain your nice, professional demeanor while your leasing agent negotiates your lease terms, getting tough when necessary.

Craig also reminds us how important it is to have time on your side. You will have more leverage in your negotiations if the landlord knows you have the time to explore other options.

When renewing for example, it’s not crazy to approach your landlord with negotiations one year in advance. If you wait until your lease is about to expire, your landlord will know that you don’t have time to shop around, and he or she may be less likely to meet your terms.

Give Craig a call if you’d like to learn more. He can be reached at 800-962-2419. Thanks for tuning in and have a fantastic day!

Helpful Links:

For more information, be sure to visit LeaseSmart.com

54 – New Landlord Disaster Stories

Good morning and welcome to Episode 54 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

In today’s episode Craig interviews Tom Shay from Profits Plus Solutions. We like to run a positive show around here at Corporate Real Estate Podcast. Craig has great working relationships with all parties involved in making great deals: attorneys, landlords, landlord agents, etc. Craig likes landlords! He likes to say they’re good people, and most of the time they are. Tom Shay would say the same thing, but he’s here today to give everyone a little heads up so they can learn from someone else’s pain. He shares a few of his experiences dealing with inexperienced landlords.

Sometimes the landlord just doesn’t have a good working knowledge of how deals, leases and business relationships should go. Tom recounts an incident where a landlord failed to notify tenants that their signage was going to be discarded and changed and that the entire facility was going to be remodeled. This is just an example of poor communication and these types of encounters can easily be avoided.

Whether you’re a landlord or a renter, you want the lease agreement to protect your rights and be mutually beneficial. A landlord should want the businesses that rent from them to thrive and vice versa.

Give Craig a call if you’d like to learn more. He can be reached at 800-962-2419. Thanks for tuning in and have a fantastic day!

Helpful Links:

For more information, be sure to visit LeaseSmart.com

Visit the largest website out there dedicated to retail services For more information, be sure to visit ProfitsPlus.org. This website is an incredible resource full of helpful information and 40 handy calculators. You can’t spend money on the website; they just offer it as a service for an analysis of your business.

Email Tom Shay at tomshay@profitsplus.org

53 – Future Expansion-Space Important? Here Is How to Do It!

Good morning and welcome to Episode 53 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

In today’s episode Craig shares a few tips for leasing a space that will accommodate your growth! Whether you’re looking to rent a space with adjacent options for expansion or you’re considering a clause in your lease that will protect you as your business grows, Craig can help you!

Give him a call if you’d like to learn more. He can be reached at 800-962-2419. Thanks for tuning in and have a fantastic day!

Helpful Links:

For more information, be sure to visit LeaseSmart.com