Archives for October 2012

How much is your time worth? Are you better off running your company and letting a professional handle it for you? Can you do both, well? Do you have experience in real estate negotiations? Frequently I get calls from people looking … [Read more...]

If you do need outside storage, make sure you choose a property with the correct zoning designation. What you store outside plays a big part in how much land you need and where it is allowed. Parking cars is quite different than storing … [Read more...]

How many and what type of truck deliveries do you get a day, a week a month? Make sure the property you choose can handle the trucking volume without interruption from other tenants or property limitations. … [Read more...]

Once you get a handle on market values and how much cash you have, you can work backwards and figure out how much space you can lease/buy. Purchase example: Assuming the following: You have $1,000,000 cash and buildings sell for +/- $70 per … [Read more...]

This is where planning pays off big time. Modifying the building before you move in, is a lot easier than doing it while you occupy the space. Mechanical and electrical engineers should be consulted when evaluating potential buildings. … [Read more...]

Allow for future growth. Having to move again or get space close by results in inefficiency and higher costs in the long run. Lease/buy 10-30% more space than you need and rent it out until you need it. Think long term. Plan for success. … [Read more...]

If you are a distributor, the higher the ceiling height the better. Determine whether you stack 2, 3 or more pallets high. Typically you need 24’ for stacking 3 pallets high. This can vary on the size and weight of your products. Be sure to take … [Read more...]

If you are a distributor you need loading docks. You may also need street level doors. If you are a manufacturer or service provider, you may not need loading docks. There are several types of loading docks: Truck … [Read more...]

Each municipality such as has a zoning ordinance which specifies which businesses can operate in differently zoned areas. You can go to www.municode.com – they provide online ordinance presence for numerous municipalities. Examples are : - … [Read more...]

In a balanced or tenant/buyer's market: To Lease Start 4 months in advance of your current lease expiration 1st month - educate yourself on the market 2nd month - identify and narrow down your choices 3rd month - get the lease … [Read more...]