Layoffs seem to be all we’re talking about, besides politics, of course. LOL Layoffs! I know it’s come as quite a surprise that companies like Argo and Fifth Season are closing and Meta (Facebook) and Twitter are laying off staff. But it really should not surprise anyone! We should have seen it coming. Generally speaking,…
I’m one of the lucky people. I can honestly say that I thoroughly enjoy my job. I have had, over the years, the opportunity to work with a variety of clients – large and small; industrial, flex, retail and office; technology, not-for-profits, yoga studios and law firms – you name it and it’s come through…
Most companies don’t realize that out of all operating expenses, real estate is the second-highest cost. Real estate tends to fall right behind human capital and is always a significant item on the balance sheet. Typically, companies don’t spend a lot of time evaluating their real estate. Nor do they necessarily understand the impact real…
Brokerage ebbs and flows, but you have to remain relentless and steady. The foundation, built on good habits, we create translates directly to our work because “how you do anything is how you do everything.”
Critical Ideas For Growing Your Company (Part I) Imagine with me for a moment… You’ve just started your own company. You have dreams of making the big time – hundreds of employees, unique office space, cool kids breaking down your door to work for you. In every way, it’s all about your growing company. Then…
The Multigenerational Workplace Challenge Millennials and Gen-X run most of today’s businesses. Now, these generational powerhouses are joined by Gen-Z, the youngest members of the workforce. Millennials and Gen-Z have some similar ideals and visions for the future. However, they have very different expectations when it comes to their workplace design. As technology advances at…
Is it time for rightsizing? I’ve been thinking a lot about rightsizing lately. In just a few months, I will be turning (dare I say it out loud?) 57 years old. My children are grown and on their own. My husband and I both work full-time outside the home. In addition, my husband travels extensively…
How To Save Money On Office Space As the New Year begins, now is a great time to reduce your second highest operating expense. It’s important to evaluate the best way to save money on office space. The following three questions should help you assess your current situation: Office Size First, is your space the…
Lease Options Options in a lease are beneficial to either the Landlord or the Tenant. Landlords want to provide the Tenant with as few options as possible to securitize the lease as strongly as possible. Many Landlords use their rent roll to securitize a refinance or sale. For instance, if a tenant has an option…
Exis Partnership At Found Advisors, we like to think of ourselves as a team. We might be small in number, but we are a cohesive team that delivers exceptional service to each and every client. Being part of a team allows us to see different points of view, contribute to the best of our ability…
Building Classifications Part II: Explained BOMA’s CRE Building Classification System BOMA‘s metropolitan base lists three Commercial Real Estate Building Classifications in their classification system. In order to compare properties across international markets, landlords and property investors typically use a separate international base. However, the metropolitan base is used within a single office market. It is…
CRE Building Classification Standards When looking for new locations, tenants may come across buildings touted as “Class A”. Landlords also advertise properties as having “Class A finishes.” To an inexperienced buyer or renter, the meaning of this class distinction is a mystery. “Class A” sounds like a good grade. It’s better than a “Class D”…