YOUR LEASE IS UP, NOW WHAT?
June 20, 2019
Gerber Discovery teamed up with the local commercial real estate partner, Capitol Equities, for an event discussing the property leasing and buying options within the business world. YOUR LEASE IS UP, NOW WHAT?, put JR Kern and Todd Kemmerer of Capitol Equities and our own Randy Gerber leading an interactive discussion covering all the intricacies business owners should consider contemplating their next property transaction.
To complete the event, Discovery guests were able to explore the historic Smith Brothers Warehouse to see how Capitol Equities has successfully built a successful culture for all who inhabit the space.
Defining What Your Business Needs | First identify what your business really needs before deciding if you should lease or buy. Discuss with your team what spaces they enjoy most or feel are missing to learn what needs should be met with the new office. Do you need more parking spaces or additional office space? Your space defines culture, creates inspiration and can be a sales asset! Dedicate time to researching the needs before diving into the market.
“Headache Management” | Not everyone has the emotional temperament to handle real estate, and most don’t understand the time, money, and energy goes into being a real estate owner. Think nitty gritty details; Handling your own buildings means you also have to make sure that the floors are always clean and the parking lot is plowed before the workday starts.
Representation | Identifying the right real estate partner means finding someone able to articulate your vision and make it a reality. Poor representation could lead to costly mistakes in construction and bad lease negotiations. Good representation will have your back in those sticky situations when someone might take advantage of your eagerness or charge you more than what is necessary.
Be on the lookout for our next Discovery event by following us on Facebook or email us at news@gerberclarity.com to get added to our mailing list!
