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	<title>Real Estate: building, selling, buying, investing &#187; office space</title>
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		<title>Space is Infinite &#8211; What Are Our Environmental Boundaries?</title>
		<link>http://blog.theestateinfo.info/news/space-is-infinite-what-are-our-environmental-boundaries/</link>
		<comments>http://blog.theestateinfo.info/news/space-is-infinite-what-are-our-environmental-boundaries/#comments</comments>
		<pubDate>Sun, 29 Nov 2009 18:39:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[bigger office and building]]></category>
		<category><![CDATA[office space]]></category>
		<category><![CDATA[professional company]]></category>
		<category><![CDATA[your office]]></category>

		<guid isPermaLink="false">http://blog.theestateinfo.info/?p=256</guid>
		<description><![CDATA[<p>In corporate and retail space, the amount of space that you need to feel comfortable is vital to your customers environment. In closed spaces our productivity and ability to shop goes down. We are all independent creatures, and our space needs to be enough so that we don&#8217;t claustrophobic. This <a href="http://blog.theestateinfo.info/news/space-is-infinite-what-are-our-environmental-boundaries/"  >&#187;&#187;</a>]]></description>
			<content:encoded><![CDATA[<p>In corporate and retail space, the amount of space that you need to feel comfortable is vital to your customers environment. In closed spaces our productivity and ability to shop goes down. We are all independent creatures, and our space needs to be enough so that we don&#8217;t claustrophobic. This feeling can kill a business as people will leave immediately when they feel trapped and secluded. </p>
<p>More space and room means a bigger office and building. Reports for office leasing will become a tired process that is essential. As we begin to grow and add more staff, the more it becomes necessary to add more room and space. The desks and work areas will need to be widened, and the breathing room expanded. The productivity of your workers is essential to the success of your company. If they are comfortable, so will the customers they speak to on a daily basis. </p>
<p>When we talk about retail space, we focus on the amount of space it takes to make you feel comfortable, and the customer that comes into your retail area. If the customer feels quarantined in your office, they are likely not to buy anything from you. The feeling of being trapped brings a wave of claustrophobia over a lot of people and will want to get out of your office as soon as they can. </p>
<p>Finding adequate room for your office can be tricky. On the one hand we want enough space to be comfortable, but we do not want to pay for space that we are not going to use. There are companies out there that specialize in office leasing to help you make this decision. They know that you want to have enough space to expand. Constantly needing to move and get a larger or smaller office is not what we&#8217;re going for here. </p>
<p>Once you find the right amount of office space, and then come the questions of how you will decorate the office. You want to look professional. Choices like what color of paint you want on the walls, what kind of carpeting you want come into play. It&#8217;s important not to be too flashy when you want to give off the appearance that you are a professional company with something to offer. We are all different and want to show people our individual ideas, but conforming to a monotone office is necessary in the way of professionalism. Once you get your name out there and you become popular, you can begin to be flashier with your office space. </p>
<p>So when thinking about the office you want to build, be sure to keep these things in mind. You want enough space to be able to expand, but you don&#8217;t want too much that you can&#8217;t utilize it all and pay for nothing. The happier your employees are, the happier your customers will be. The phone presence is about as close a lot of businesses get to interacting with customers. </p>
<p><font color="#c0c0c0" size="1">Article Source: http://EzineArticles.com/?expert=Jason_Ausmus</font></p>
<div style='margin: 4px; float: none;'><center><p class='linktext'>Permanent link to this post: <a title='Space is Infinite &#8211; What Are Our Environmental Boundaries?' href='http://blog.theestateinfo.info/news/space-is-infinite-what-are-our-environmental-boundaries/'>Space is Infinite &#8211; What Are Our Environmental Boundaries?</a><br>From the <a href='http://blog.theestateinfo.info'>Real Estate: building, selling, buying, investing</a> weblog</div></p></center><p><script type="text/javascript"><!--
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		<title>Why Serviced Offices Are Cheaper Than Traditional Office Space</title>
		<link>http://blog.theestateinfo.info/rent/rent-office/why-serviced-offices-are-cheaper-than-traditional-office-space/</link>
		<comments>http://blog.theestateinfo.info/rent/rent-office/why-serviced-offices-are-cheaper-than-traditional-office-space/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 01:10:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Rent office]]></category>
		<category><![CDATA[office space]]></category>
		<category><![CDATA[Rent]]></category>
		<category><![CDATA[Serviced office providers]]></category>
		<category><![CDATA[traditional offices]]></category>

		<guid isPermaLink="false">http://blog.theestateinfo.info/?p=249</guid>
		<description><![CDATA[<p>Renting an office can be a cost prohibitive venture, especially for sole proprietor businesses, or other types of small companies. However, there is a better solution, one that can be tailor made to fit the needs of businesses that need an office, but do not need it full time. Serviced <a href="http://blog.theestateinfo.info/rent/rent-office/why-serviced-offices-are-cheaper-than-traditional-office-space/"  >&#187;&#187;</a>]]></description>
			<content:encoded><![CDATA[<p>Renting an office can be a cost prohibitive venture, especially for sole proprietor businesses, or other types of small companies. However, there is a better solution, one that can be tailor made to fit the needs of businesses that need an office, but do not need it full time. Serviced office space is measured in &#8216;price per workstation&#8217; rather than &#8217;square feet&#8217;, which is a much cheaper way to apportion office space sharing facilities, such as corridors, kitchens and meeting spaces than traditional office space. That is because you don&#8217;t have to include them in the total amount of space required, and that will lead you to needing less office space. </p>
<p>Serviced office space contains workstations, kitchens, and meeting rooms. Often, the facilities are paid for only as you use them, and at a much lower fee than renting a typical office would be. Let&#8217;s face it, how many times a month will you actually use a meeting room? When you rent traditional office space, you are paying for facilities that you may not use enough to even justify the cost. But by using serviced office space that has a meeting room, you can easily reserve the room for when it is convenient for you and your business, and only pay for it as you use it. </p>
<p>When you have your own office, the cost of the rent is only one aspect. Add to that the installation of telephone lines, internet connections and networking points. Office equipment is a pricey investment. Another cost to consider is a cleaning service. Maintenance and repairs are even more costs to consider. Serviced office providers generally offer shorter lease terms than traditional office spaces. This is a benefit, especially if you are a small company that is just starting out and uncertain about entering into a long-term (and what could be very costly) commitment. Serviced office space can grow with you, or it can be downsized much more easily, no matter which direction your business takes. </p>
<p>Often, but not always, serviced office space is well located. Close proximity to tube stations, car parks and central business districts can are important factors for most businesses. Proximity to good transport links can make them a more cost effective choice than traditional offices. </p>
<p>Many serviced office providers will also be able to put you in touch with other services that you can utilise. Telephone answering services, franking and postal forwarding services are great tools to have, and they can be another cost efficient way to run your business. Telephone answering services can answer the phone, take messages and even take client orders, and then can forward the messages to you via voice mail or email. Postal forwarding is another convenient service. Mail can be sent to your business address that is within the business centre that you are using. It can then be sent to you at another address, or held at your office until you pick it up. Many serviced office providers even provide free tea and coffee for your office space. </p>
<p>Overall, serviced offices can provide a cost effective way to run your business in a professional manner. Renting a traditional office and adding all the rest of the costs for equipment, staffing and maintaining can be out of reach for many start up companies or small business owners. Finding a choice address in a well-located business centre and using a serviced office space will keep overheads low. Using a serviced office space is more often than not cheaper than the traditional kind. </p>
<p>Joe Lewis has more than 20 years experience in the commercial property industry and nearly 10 year experience brokering executive suites . He is an expert on getting the best deals for clients on executive suites (serviced offices) and understand the world market as a whole. </p>
<p><font size="1">Article Source: http://EzineArticles.com/?expert=Joe_Lewis</font></p>
<div style='margin: 4px; float: none;'><center><p class='linktext'>Permanent link to this post: <a title='Why Serviced Offices Are Cheaper Than Traditional Office Space' href='http://blog.theestateinfo.info/rent/rent-office/why-serviced-offices-are-cheaper-than-traditional-office-space/'>Why Serviced Offices Are Cheaper Than Traditional Office Space</a><br>From the <a href='http://blog.theestateinfo.info'>Real Estate: building, selling, buying, investing</a> weblog</div></p></center>]]></content:encoded>
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		<title>Reasons For Increase in Rental Properties</title>
		<link>http://blog.theestateinfo.info/rent/reasons-for-increase-in-rental-properties/</link>
		<comments>http://blog.theestateinfo.info/rent/reasons-for-increase-in-rental-properties/#comments</comments>
		<pubDate>Thu, 29 Oct 2009 03:39:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Rent]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[East Central Florida]]></category>
		<category><![CDATA[economic climate]]></category>
		<category><![CDATA[office space]]></category>
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		<guid isPermaLink="false">http://blog.theestateinfo.info/2009/10/reasons-for-increase-in-rental-properties/</guid>
		<description><![CDATA[<p>If you are a practicing Realtor in the East Central Florida area, this might be the perfect time to aggressively market lease properties to your clients. The influx of Tampa office space for rent is making for some wonderful leasing opportunities. Many realtors are finding that Tampa office space availability <a href="http://blog.theestateinfo.info/rent/reasons-for-increase-in-rental-properties/"  >&#187;&#187;</a>]]></description>
			<content:encoded><![CDATA[<p>If you are a practicing Realtor in the East Central Florida area, this might be the perfect time to aggressively market lease properties to your clients. The influx of Tampa office space for rent is making for some wonderful leasing opportunities. Many realtors are finding that Tampa office space availability presents them with a large inventory of properties to show to their clients. They are also finding that their list of clients interested in property leasing is ever expanding. The reason for this increase in properties for lease can be attributed to a couple of primary factors. </p>
<p>It wasn&#8217;t so very long ago that business owners were choosing to purchase large, extravagant buildings for their base of operation. Business owners, who certainly are used to operating on extensive lines of credit, were very comfortable taking out large mortgages, knowing that credit lines were being readily extended in a business -friendly economic climate. The over-extended company was often still considered for a mortgage option with the idea that it was promoting commerce and entrepreneurship. Owners were ready to capitalize on low interest rates and buyer-accessible mortgage terms. A system of checks and balances was not necessarily in place. In this current climate, things are vastly different. Companies who had previously operated under mountains of debt are no longer allowed to simply increase that amount with no scrutiny. In fact, an overall tightening in the banking industry has created a significantly more rigid loan approval process. Business owners are now finding it much easier to secure approval for property leases rather than property mortgages. Leases offer greater financial flexibility for the common business owner. This is very appealing to business owners and lenders in this unpredictable economic environment. </p>
<p>Along with the downturn in mortgage approvals, property owners have seen a significant decrease in their property values. An owner has been know to see a building&#8217;s current appraisal amount reduced by as much as thirty percent from just a year before. This leaves sellers in an unusual quandary. Should they sell making little or no profit or hang on to their property until the market rebounds? Sometimes this decision is made easily enough, when the they find themselves &quot;upside down&quot; on a property. Knowing that they would not be able to get what is owed on a property, they are left with few options. That is why many have turned to leasing. Leasing can help an owner in a number of ways. It can provide a source of income, it can offer an outside party making one&#8217;s mortgage payment, and it can often make it so that a property can be held onto until it can be sold for what it is worth. Owners who never imagined themselves entering the world of &quot;landlord&quot; may be opting for just that experience. </p>
<p>One additional word of advice: While leasing a property is appealing for a business owner, most owners have not the time, desire, or skills necessary to facilitate leasing arrangements. Property management companies and trained Realtor stand ready to assist. They can provide the needed expertise to arrange for a smooth leasing process. </p>
<p>Connor R. Sullivan recently ask an experts help in learning cheap Tampa office space for rent for a business. He asked an experts help in learning Tampa office space availability for a business venture he is planning. </p>
<p><font color="#c0c0c0" size="1">Article Source: http://EzineArticles.com/?expert=Chuck_R_Stewart</font></p>
<div style='margin: 4px; float: none;'><center><p class='linktext'>Permanent link to this post: <a title='Reasons For Increase in Rental Properties' href='http://blog.theestateinfo.info/rent/reasons-for-increase-in-rental-properties/'>Reasons For Increase in Rental Properties</a><br>From the <a href='http://blog.theestateinfo.info'>Real Estate: building, selling, buying, investing</a> weblog</div></p></center>]]></content:encoded>
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		<title>For rent: Is office space the final frontier in financial crisis?</title>
		<link>http://blog.theestateinfo.info/rent/rent-office/for-rent-is-office-space-the-final-frontier-in-financial-crisis/</link>
		<comments>http://blog.theestateinfo.info/rent/rent-office/for-rent-is-office-space-the-final-frontier-in-financial-crisis/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 14:05:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Rent office]]></category>
		<category><![CDATA[commercial real estate]]></category>
		<category><![CDATA[office space]]></category>
		<category><![CDATA[real estate brokers]]></category>

		<guid isPermaLink="false">http://blog.theestateinfo.info/?p=177</guid>
		<description><![CDATA[<p>As the recession devastates the banking, brokerage, retail and automobile industries, landlords and commercial real estate brokers in lower Fairfield County ponder when and if the office market will be the next victim.</p>
<p>The region could be vulnerable because financial service companies rent much of the office space in Greenwich and <a href="http://blog.theestateinfo.info/rent/rent-office/for-rent-is-office-space-the-final-frontier-in-financial-crisis/"  >&#187;&#187;</a>]]></description>
			<content:encoded><![CDATA[<p>As the recession devastates the banking, brokerage, retail and automobile industries, landlords and commercial real estate brokers in lower Fairfield County ponder when and if the office market will be the next victim.</p>
<p>The region could be vulnerable because financial service companies rent much of the office space in Greenwich and Stamford. Greenwich has been called the nation’s unofficial hedge fund capital.</p>
<p>“We are still in a very good market. However, a lot of our clients are financial services companies,” said Jim Fagan, senior managing director of the Westchester County, N.Y., and Connecticut operations of New York City-based Cushman &amp; Wakefield Inc. commercial real estate. “They include everything from hedge funds to reinsurance companies to investment banks, not to mention advertising agencies and other professional services companies.”</p>
<p>Those former mainstays in the office market will be shrinking, he said.</p>
<p>“As tenants try to lower their fixed costs, they are slimming down their commercial real estate exposure, where it is practical and pragmatic,” Fagan said. “The market is going through an adjustment. While it was white hot in July of 2007. It certainly is less than that now.”</p>
<p>John Hannigan, principal of Choyce Peterson commercial real estate in Stamford, said, “The quantity of tenants looking to grow has decreased precipitously.”</p>
<p>Reported office vacancies are not really bad &#8211; yet.</p>
<p>In the third quarter, 17 percent of the 14.5 million square feet of office space in Stamford was available for lease or sublease, up slightly from 16.4 percent at the same time last year, according to an average taken from five real estate firms. Available space are locations that are empty or slated to become vacant soon.</p>
<p>The numbers do not include large, single-occupant buildings such as the main UBS AG investment bank and trading floor in downtown Stamford.</p>
<p>But vacancy reports might not tell the whole story, said Jeff Gage, executive managing director at the Stamford office of Chicago-based Jones Lang LaSalle commercial real estate. Some companies have space they are not using but will not admit it unless a broker approached them about subleasing, Gage said.</p>
<p>Sublease space, that which is leased but currently unused, is rising in Fairfield County, he said.</p>
<p>“We are going to see vacancy rates going up to 25 percent or higher (countywide),” Gage said. “My guess is that 40 percent of that will be sublease space.”</p>
<p>The big subleases include 112,000 square feet that UBS put on the market at 201 Tresser Blvd. in Stamford at Purdue Pharma’s headquarters. Others in the city are 50,000 square feet from Legg Mason at First Stamford Place and 120,000 square feet at 290 Harbor Drive.</p>
<p>Greenwich has smaller office vacancies, but its 4.8 million square feet of office space depends largely on financial services, hedge funds and private equity firms. About 9.3 percent of the town’s office space was available in the third quarter, which was unchanged from the same time last year.</p>
<p>“Greenwich and Stamford are not immune from the downsizing and reorganization from a new model of doing business,” said John Goodkind, managing principal at the Greenwich office of New York City-based Newmark Knight Frank commercial real estate. “The days of abundance are gone.”</p>
<p>“Large users are unlikely to make decisions on space unless they have to,” he said, referring to lease expirations.</p>
<p>On the positive side, Goodkind said many people who had worked for hedge funds, financial institutions and banks will be looking for office space in which to start their own companies.</p>
<p>“We have already seen significant numbers of new companies looking for smaller spaces,” he said. “That will be the mode for the next 12 to 18 months.”</p>
<p>But Gerald Celente, a trends forecaster known for gloomy predictions, said the downturn in the retail sector will affect office space because fewer customers will exist for service firms such as ad agencies.</p>
<p>“In 2009, the focus will broaden to include a range of calamities that will leave no sector unscathed,” Celente said in a report issued by his Rhinebeck, N.Y.-based Trends Research Institute. “Next in line is retail, which accounts for some 70 percent of consumer spending, 26 percent of which is holiday sales.”</p>
<p>“Add to the (retail) empties the commercial space vacated by defunct financial firms and an array of troubled businesses from restaurants to architectural firms, to high-tech operations, to offset printers, etc.,” the report said. “The inescapable result (that we predicted over a year ago and is only now being discussed in the business media) is a commercial real estate bust that will be costlier, wreak greater havoc and prove more intractable than the residential market decline.”</p>
<p>Local landords, by contrast, are more optimistic.</p>
<p>“We have been here before (in a recession), and we will get through it,” said Jo Ann McGrath, director of leasing for the Merritt 7 Corporate Park in Norwalk. “We just have to stay positive.”</p>
<p>She said the 1.4 million square feet of office space in Merritt 7’s six buildings is 95 percent occupied.</p>
<p>A 51,000 square feet sublease might occur in the complex’s 301 Merritt 7 building. Applied Biosystems is moving out of 301 Merritt 7 in July because it merged with Invitrogen Corp.</p>
<p>Applied Biosystems’s lease expires in 2011, and it has an option to sublet the space, McGrath said.</p>
<p>Margaret Carlson, director of leasing for New York City-based RFR Realty’s seven office buildings in downtown Stamford, said the market is slowing, but not to a crisis stage.</p>
<p>“We are still continuing to sign deals, and we are starting to see concessions for tenants creep in,” Carlson said. “Velocity is slowing down, but we remain optimistic. There are a lot of deals out in the marketplace, and we do not have a lot of sublease space in our portfolio.”</p>
<p>RFR’s Stamford buildings are 90 percent leased, she said.</p>
<p>Another landlord representative, Jeff Newman of W&amp;M Properties, said the recession offers a chance to recruit new tenants. W&amp;M manages First Stamford Place and Metro Center office complexes in Stamford and the MerrittView office building in Norwalk.</p>
<p>“We are well-positioned to ride out a down market,” Newman said. “We always have more than enough cash flow to cover debt service and operating needs.”</p>
<p>Gage of Jones Lang LaSalle predicted rents will drop 20 percent to 30 percent during the recession, which offers local companies a chance to move into better buildings.</p>
<p>In March, Stamford-based Choyce Peterson began telling its clients to pursue renovation subsidies and lower rent from landlords.</p>
<p>The average asking rent for Class A office space in downtown Stamford is $48 per square foot per year, according to Cushman &amp; Wakefield.</p>
<p>“We have been out there ahead of this (recession) news and have been meeting with many area companies to help them navigate these tough economic times, with regard to their office space,” said Hannigan of Choyce Peterson.</p>
<p>“The smart landlord are the ones who will lead the market in (lower) pricing,” Gage said. “If you follow the market, you are already too late.”</p>
<p>- Staff Writer Peter Healy can be reached at peter.healy@scni.com or at 964-227<br />
Read article source &#8211; <a href="http://web-best.info/2008/12/for-rent-is-office-space-the-final-frontier-in-financial-crisis/">http://web-best.info/2008/12/for-rent-is-office-space-the-final-frontier-in-financial-crisis/</a></p>
<div style='margin: 4px; float: none;'><center><p class='linktext'>Permanent link to this post: <a title='For rent: Is office space the final frontier in financial crisis?' href='http://blog.theestateinfo.info/rent/rent-office/for-rent-is-office-space-the-final-frontier-in-financial-crisis/'>For rent: Is office space the final frontier in financial crisis?</a><br>From the <a href='http://blog.theestateinfo.info'>Real Estate: building, selling, buying, investing</a> weblog</div></p></center>]]></content:encoded>
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