Words Matter: Terms to Know in Industrial Lease Proposals

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions
LinkedIn

A key aspect of negotiation is balance. Striking an equitable balance with landlords during lease proposal negotiations is what allows tenants to ensure the lease they’re signing includes the provisions and terms they need to use the space as intended and to continue operating successfully. But leases are structured using highly specific terminology and phrasing that is difficult to parse by those without expertise in real estate. And being unable to fully understand what is written into the lease can put a lion’s share of the power at the negotiating table in the hands of the landlords. 

Continue reading “Words Matter: Terms to Know in Industrial Lease Proposals”

Choose the Right Warehouse Type for Your Distribution Needs

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions
LinkedIn

Every space a business owns or leases should have a precise purpose in supporting or furthering the growth, profitability, and goals of the business. This is a simple concept for most business owners to grasp, but it can quickly become lost in the midst of other details while searching for the right property to fulfill the company’s needs.  Continue reading “Choose the Right Warehouse Type for Your Distribution Needs”

When To Re-Negotiate Office Rent and What to Ask For

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions
LinkedIn

With the mass return to in-office work remaining in flux, business owners and office tenants are increasingly seeking out solutions for ways to retain the spaces that are so central to their hard-built brand and culture, but without sinking under the weight of paying for a space that is only used sparingly. We’ve explored the prospects of sub-leasing some of the current space or switching to a shorter-term lease, but another opportunity to explore is in re-negotiating the current commercial lease terms with the landlord. Continue reading “When To Re-Negotiate Office Rent and What to Ask For”

Unlocking Shareholder Value: A New Approach For Banks

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions
LinkedIn

Introduction

Outsourcing real estate ownership and management through partial and full sale-leasebacks is now a proven business strategy for banks to increase Shareholder Value by:

1) Reduce operating expenses, thereby increasing EBITDA and stock price.

2) Increase non–dilutive capital 

3) Redeploy capital tied up in operational real estate to the next generation banking model which primarily utilizes large investments in technology for remote/virtual banking customer experiences. Continue reading “Unlocking Shareholder Value: A New Approach For Banks”

Strengths and Weaknesses of Short-Term Leases

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions
LinkedIn

Between the fluctuations in the employment market and the increased demand for flexible work requirements from employees, business owners are searching to retain an edge against increased expenses and unknown factors. For many, this means re-evaluating the needs and terms of their physical office spaces.  Continue reading “Strengths and Weaknesses of Short-Term Leases”

Tips to Create Flexibility in Lease Terms

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions
LinkedIn

The past year has undoubtedly created a series of unique challenges for business owners. But weathering the storm has provided an opportunity for those same challenges to act as pertinent teachable moments to help business owners strengthen their resolve, and understand how to be more agile in the face of adversity.  Continue reading “Tips to Create Flexibility in Lease Terms”

Permanent Changes to Offices in a Post-COVID World

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions
LinkedIn

With social distancing restrictions and mask mandates lifting across the country, companies are turning their sights on ways to bring their employees back together in a physical space. Remote work has increased substantially, and with a large portion of workers finding similar or greater success working from home — and with lingering fears from COVID-19 still casting a shadow over the idea of interacting in public places — employers are quickly finding that they need to make serious changes to their offices if they want their employees to return to the physical office space.  Continue reading “Permanent Changes to Offices in a Post-COVID World”

Considering Subleasing Space?

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions
LinkedIn

After a year of adapting working styles and conditions to accommodate the COVID-19 pandemic, businesses continue to search for ways to offset the burden created by the coronavirus. One of the most difficult aspects for many companies to deal with is the question of what to do with their current office space. Due to stay-at-home and social distancing guidelines, many office spaces have continued to fall short of their previous occupancy — if employees have returned to working in-person at all — leading business owners to search for alternate solutions for their mostly empty spaces. More than ever, this has led to businesses exploring the option of subleasing their office spaces. Continue reading “Considering Subleasing Space?”

Industrial Oversight: Tips for Touring a Warehouse Space

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions

To some, it may just be another large building, but to those with specific business needs, a warehouse space means one thing: potential. Whether it is the potential to provide faster distribution, the potential to the manufacturer at a greater scale, or the potential to take on new opportunities, a warehouse can provide exactly what a business is looking for to grow and expand. And because it can represent so much, the need to find the exact right warehouse space becomes even more important.  Continue reading “Industrial Oversight: Tips for Touring a Warehouse Space”

The Right Price: The Other Costs in Commercial Lease Terms Tenants Should Keep in Mind

By James A. Schnur, CCIM
President and Designated Managing Broker
Integrated Real Estate Solutions

Once the perfect relocation spot is scouted and secured, and the paperwork is drawn up and presented, there is a strong temptation to rush through lease clauses and sign off without scrutiny to just tie a bow on the deal and be done with it. But rushing into signing a commercial lease without giving the terms a thorough read can have detrimental consequences, particularly financially.  Having a tenant representation broker as well as a competent real estate attorney provide their services in looking over a lease before it’s signed is critical in this respect. By doing the due diligence and bringing in expert help, commercial renters and buyers are able to address many easily overlooked lease terms — such as the following — and avoid any costly oversights in the process.  Continue reading “The Right Price: The Other Costs in Commercial Lease Terms Tenants Should Keep in Mind”