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Just Elementary, Inc. » Entries tagged with "industrial"

Shark Tank Business Valuation & Negotiation Lessons Billy Blanks Jr Dance With Me nPower Peg Mission Belt Fishing Ammo Wicked Good Cupcakes

Shark Tank Business Valuation & Negotiation Lessons Billy Blanks Jr Dance With Me nPower Peg Mission Belt Fishing Ammo Wicked Good Cupcakes

Billy Blanks Jr’s Dance With Me program will receive an update segment on Shark Tank.  You will recall that the Billy Blanks Jr’s segment for Dance With Me was a very emotional segment that featured a twist.  Usually when entrepreneurs leave the set without a verbal deal, that is the end of the story.  However, Daymond John was touched by the story and reached out to Billy Blanks Jr. to make a deal for Dance With Me … Read entire article »

Filed under: Business Tips

Triple Net (NNN)?, CAMs? & Gross Leases

Triple Net (NNN)?, CAMs? & Gross Leases

What does a Gross Lease entail, what are exactly are Triple Nets (NNN), and what about CAM charges in Commercial leasing? Let’s start with a Gross Lease. Gross Lease means a lease that has no additionally itemized charges for the operating expenses of the commercial property.  This lease offers a simple and predictable periodic lease payment for a lessee (tenant). Gross leases are common in Industrial properties and other properties that have less maintenance and operating … Read entire article »

Filed under: Commercial Leasing

Negotiating Commercial Lease Rate & Terms

Negotiating Commercial Lease Rate & Terms

Let’s face it, this is the time to negotiate or renegotiate your commercial, retail or industrial lease.  The primary metric motivating landlords is the vacancy factor.  Across the board, from retail to industrial, vacancy rates are high, which means landlords have more and more spaces to fill and keep occupied.  Of course, this is a factor of an economic dip and your business is likely suffering a decrease in revenues from the boom times.  But, … Read entire article »

Filed under: Commercial Leasing

Condemnation Clauses for Commercial Leases

Condemnation Clauses for Commercial Leases

The Condemnation clause is an often overlooked clause in negotiating a commercial lease.  Even though it rarely comes in play, it is well worth negotiating just in case to protect the many years of blood, sweat and tears a lessee/business owner has put in to the business.  A condemnation clause dictates how compensation to the property owner is allocated to the tenant(s) at the property in the case that the property is seized via eminent … Read entire article »

Filed under: Business Tips, Commercial Leasing, Landlord, Negotiation

Five Rules for Negotiating Commercial Leases

Five Rules for Negotiating Commercial Leases

Your Bottom Line, is it important to you?  Yes, ok, then let’s see where you can increase it.  Occupancy cost is typically the first expense item we review as Commercial Brokers are at Just Elementary, Inc.  Every business has a physical cost to exist and occupy space, even virtual businesses (think server space). For  those business owners that lease the space that their business occupies, this post will cover Five basic Rules to negotiating or … Read entire article »

Filed under: Business Tips, Commercial Leasing, Landlord, Negotiation, Real Estate Tips, Renegotiation

Is My Industrial Business Lease Good or Bad?

Simple Things to consider whether your lease is friendly to your business, or is it holding your business back from growth and great profits and your lifestyle growths. Number 1, the occupancy cost.  Simply put, this is the lease rate, plus NNN charges including other cost variables such as transportation costs and operational efficiencies.  Ideally, the occupancy cost would be as low as possible.  Given the fact that Industrial properties are not the ideal ‘outside investor’ type properties, the only major factor affecting real estate prices and lease rates is the health of the economy.  In this recessionary market, most local industrial markets have seen lease rates plummet with skyrocketing vacancies.  This means Industrial property prices have plunged and availabilities are high.  So the good news is that you can attempt … Read entire article »

Filed under: Commercial Leasing, Landlord, Negotiation, Real Estate Tips, Renegotiation