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

50 – When You Can Leave the Parking and Traffic Behind . . . and Do MORE Business!!

Good morning and welcome to Episode 50 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 this episode Craig examines a case study of a donut shop finding the perfect new location. This donut shop was located in a tourist town, right on Main Street. It was nice inside; it had plenty of available parking and plenty of drive-by traffic. Sounds great, right?

Well, this particular donut shop had the opportunity to move right up the road into a new location. The new location was right in the center of all the action, so to speak. There was more pedestrian traffic. What does this mean? It means people are already out of their cars! What a recipe for success for this donut shop! They’ve increased their sales 300%, which is incredible!

What does this case study mean for you and your business? Craig invites you to ask yourself if your business wouldn’t thrive even more in a pedestrian area near an anchor tenant. 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

17 – Financing Do’s and Don’ts – An interview with Bison Financial’s David Repka

Hello, and welcome to Episode 017 of the Corporate 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.

The Corporate Real Estate Podcast strives to make businesses more profitable through wise site selection and lease negotiations. Joining in Episode 017 is Dave Repka from Bison Financial.

Craig and Dave discuss how to go about securing financing for your business. Acquiring a loan can be very tricky. Many institutions may lead you to believe that they will be able to approve your loan only to deny your application in the last stages of the process.

Learn how to plan ahead so that you can qualify for the funding that your business needs to begin, grow and engage in construction. Thanks for listening! Continue reading “17 – Financing Do’s and Don’ts – An interview with Bison Financial’s David Repka”

7 – Don’t Leave Millions of Dollars on the Table – What You Need to Know About Incentive Negotiations

Hi, and welcome to Episode 007 of the Corporate 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.

Craig is joined by his co-host Natalie Pyles. The Corporate Real Estate Podcast strives to make businesses more profitable through wise site selection and lease negotiations. In Episode 007, Craig introduces a lease space factor that just might be a game changer! Did you know that there are state incentives that can make a huge difference in how profitable your business is? Learn how to keep your options open with regards to where you decide to be located so that you can get the best financial advantage from state incentives. Thanks for listening! Continue reading “7 – Don’t Leave Millions of Dollars on the Table – What You Need to Know About Incentive Negotiations”

2 – Lease Landmine #2: NEVER Take the Space “As-Is” Without the Right Protections

Hi, and welcome to Episode 002 of the Corporate 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.

Craig is joined by his co-host Natalie Pyles. The Corporate Real Estate Podcast strives to make businesses more profitable through wise site selection and lease negotiations. In Episode 002, Craig and Natalie help listeners who are looking to lease a business space to protect themselves, especially when it comes to the “as is” portion of the lease document. Craig has some tips to ensure you’re not assuming responsibility for latent defects that truly should be the owner’s responsibility. We hope you’ll join us! Continue reading “2 – Lease Landmine #2: NEVER Take the Space “As-Is” Without the Right Protections”