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…
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”…
The CRE Timeline It’s hard to imagine, but I keep our office CRE timeline handy on my desk at all times. And there’s a good reason why! I can’t begin to tell you the number of times someone has called our office with the conversation going like this: Me: Good afternoon! This is Dana. How…
Common Area Maintenance (CAM) in all its mystery. First, let’s start with trying to define the common area. What is Common Area Maintenance? Common Areas can be lobbies, hallways, elevators, bathrooms, sidewalks, parking lots, landscaping, rooftop decks, shared amenities, and so on. These areas within a building enhance the feel or usefulness of a space….
3 Considerations Getting ready for an office building tour and a home tour are very much alike. I’m selling my house. It’s been 16 years in the suburbs and I’m ready for urban, walkable living. We had a realtor walk through the house to help us get it ready to sell. She went through every…
Our Project Life Cycle At Found Advisors, we approach all projects and clients with a fresh mindset, because we realize not all clients are the same. Depending on how much time each client has and how far along in the commercial real estate process they already are, we work with them at various stages of…
An Act of Kindness or A $100 Backpack I’ve been thinking a lot lately about the phrase “random act of kindness”. Every day on my way to class, I see the same faces. They are on the corner of an intersection or sitting in the shade of one of our city’s many bridges. In addition,…
Random Acts of Kindness Bear with me for a moment. It may not seem like it, but I promise I’ll get to the point of this blog – random acts of kindness! I played the flute most of my life. I say it in the past-tense because I haven’t picked up my flute in quite…
Must Have Solutions Okay, I don’t believe in time management at all. I know we have limited time. In addition we each must manage the time that we do have. However, don’t you find that something always comes up that is outside of your control? Therefore you can’t manage it. For me, being efficient and…
How values drive a company Corporate values keep popping up on my newsfeed lately. I recently stumbled upon an interview that featured two partners who started a niche business together. They previously worked at a larger company. However, they were frustrated that the focus was a race to the lowest price. As a result,…