32 – Leasing Office? The Unique Elements You Need to Know

Welcome to Episode 32 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.

Today we’re talking about leasing office space. If you are considering leasing in a high rise you’ll probably be dealing with a full service lease, where all of your services are included: your janitorial, your electric, etc. And, in terms of the size of the space that your renting, the portion that is actual walkable space is much smaller than what you’re paying for. That’s called a “loss factor.” The loss factor is your share of the elevators, the hallways and the lobby, etc. It could be 20% of the space you think you’re renting. Though, not all high rise situations will charge you the loss factor, so be sure to ask!

When you are picking an office space, high on your consideration list should be the amenities that will help you retain your employees. Acquiring and training good employees is one of your biggest investments, so keeping them is very important financially and integrally. If you can find a space that they are excited or that fits their lifestyle, they’ll be more likely to stay. For example, if childcare is offered in your building and your employees use it, they will think twice about leaving working with you.

Links:
For more information, be sure to visit LeaseSmart.com

If you would like any free Space Worksheets, Letters of Intent or Proposals then Craig Melby is more than happy to share the documents that he uses. Just e-mail him at info@leasesmart.com.

22 – Design It Right For Optimal Efficiency and Thriving Company Culture

Hello, and welcome to Episode 022 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 022 Craig is joined by Justin Belleme who is with the JB Media Group. Justin recently purchased some office space. Justin has an open layout. In 2011 JB Media Group was launched originally in a co-working space in Asheville North Carolina. After a few years he knew he would be interested in purchasing his own building space. When he did, he had to keep is budget in consideration, as any smart entrepreneur would. He was able to maximize the space and the number of desks and now he is creating some sound-proof areas and improving the workability of the space.

Furniture is a huge consideration for your business space. Furniture is a huge expense, but think of the comfort needs of your employees and clients! Justin discusses how to invest in good quality furniture that will add value to your company while staying conservative. There are pros and cons to standing desks. Just be sure to ask your employees what they prefer so that they are behind your choices and you can include them in your vision for the space.

Transportation and pet friendliness are other considerations for your the convenience of your employees. These are very interesting topics for business owners who are setting their company culture! Thanks for listening! Continue reading “22 – Design It Right For Optimal Efficiency and Thriving Company Culture”