Beyond Commercial - Blog

#BeyondYourSpaceNeeds Episode 20: Marketing CRE Property for Sale or Lease

By |June 6th, 2017|

 You can’t just “set it and forget it.”  Your potential buyers and tenants all seek information in different ways.  Don’t just throw a listing up on one website.  Some prospects may go to LoopNet, others may go to their trade journal, some may go to REALTOR.com, etc.  Consider sending mailers, posting in trade journals, […]

#BeyondYourSpaceNeeds Episode 19: What’s Your Target Rent to Sales Ratio When Leasing Commercial Real Estate?

By |May 26th, 2017|

Using base rent to sales ratio can be a tool to determine if a site makes economic sense to lease.  The base rent to sales ratio will vary from 2 to 20% depending on the business type.

For many businesses, base rent should be no more than 10% of annual gross sales so that you leave […]

#BeyondYourSpaceNeeds Episode 18: Amy Calandrino on Economic Base Multiplier (EBM)

By |May 16th, 2017|

First off, I am not an economic expert by any means.  However, I have the most basic understanding now of how to calculate economic base multiplier and how you can then project future employment in the area from taking CCIM CI 102 last week.  It’s pretty neat to see how the numbers that the Bureau […]

#BeyondYourSpaceNeeds Episode 17: Amy Calandrino on CRE Market Analysis

By |May 11th, 2017|

This week, I’ve been in CCIM CI 102 class and learning more about market analysis.  This process is incredibly comprehensive and tedious (so much so that the class was four full days just for this topic).

But, in a nutshell, the process of strategic analysis for a commercial property (industrial, retail, office, or residential/apartment) would include the […]

#BeyondYourSpaceNeeds Sidekick Spotlight No. 5 – Peggy Clare

By |May 10th, 2017|

For the latest sidekick spotlight, we are featuring Peggy Clare who is an absolute joy to work with when you need assistance with talent for your business.

She can help with:

Extra personnel for your accounting department during tax season;
Coverage at your front desk while your trusted receptionist takes vacation;
Assistance permanently adding a team member;
[…]

#BeyondYourSpaceNeeds Episode 16: Amy Calandrino on Q1 2017 Orlando Office Market Statistics

By |April 25th, 2017|

Recently, I reviewed CoStar’s Quarter 1 2017 Office Market report.  Here are a few highlights:

Vacancy decreased to 7.9% which is the lowest combined vacancy figure since 2007
The largest lease signings occurring in 2017 included 60,000 square feet by ServiceNow, Inc. at Science One and 22,819 square feet by Shutts & Bowen LLP at Lincoln Plaza in the Downtown […]

Amy Calandrino’s Valencia College Journey

By |April 21st, 2017|

Amy Calandrino (Class of ’05) was accepted to all 10 colleges to which she applied in 2002. But as a first-generation college student paying her own way through college, she chose Valencia for its proximity to home and its family feel.

She enrolled in Valencia’s honors program in her first year, and soon realized that night […]

#BeyondYourSpaceNeeds Episode 15: Amy Calandrino on Q1 2017 Orlando Industrial Market Statistics

By |April 17th, 2017|

Remember Schoolhouse Rock?  And do you remember Rocky of Schoolhouse Rock? He had a song all about how knowledge is power.

It’s true though.  From reading trade journals, local business papers, and market reports, it’s all relevant to providing a framework for negotiations, timing deals, and other commercial real estate decisions.

This morning, I went through CoStar’s […]

#BeyondYourSpaceNeeds Sidekick Spotlight No. 4 – Kyle Ferris

By |April 17th, 2017|

Name: Kyle Ferris
Company, Position and brief job description: Commercial Relocation Consultant with Ace Relocation Systems. I create and execute company relocation plans and also assist businesses with a wide array of storage, supply chain and transportation needs.

Family: I have been married for 10 years to my beautiful wife Colby. We have a 5 year old […]

#BeyondYourSpaceNeeds Episode 14: Amy Calandrino on Comparing Dissimilar Leases

By |April 11th, 2017|

In this episode, Amy Calandrino discusses how to conduct a basic comparison dissimilar leases by analyzing the following components of each lease:

Term
Price per square foot
Annual escalations
Moving costs
Tenant improvement cost
Free rent or other landlord concessions