A successful business is one that can grow and change – new people hired, new skills developed and investments in innovative technology are made. These types of changes may lead a company to outgrow its current space. In which case they must ask themselves: Do they build something new, remodel or expand?
Read MorePredictive Key Performance Indicators (KPIs) are forward-looking; they can drive and influence results in a construction project. Here are five predictive KPIs to consider:
Read MoreThe turnover phase of a construction project is the systematic transition of building operations from the project team to the operation and maintenance (O&M) team. The transition is the physical completion of the construction project and includes the transfer of knowledge in the form of documentation. A successful transition is one where documentation is complete, well-organized and, most importantly, buildings systems operate per design and O&M personnel are trained to operate the systems.
Read MoreIn today’s market, there are many providers of furniture, fixtures and equipment procurement and interior design services. How can you find the perfect match for your commercial project? Below are seven questions to help you find the best provider for your project.
Read MoreLocation is key in any real estate deal, but there is a lot more to selecting the right commercial site for your business. The space you choose to lease can be a deciding factor in its success. Here are a few factors you should be evaluating when viewing available commercial space for lease, that should be considered before signing on the dotted line.
Read MoreA commercial lease is an important part of your business, so negotiating a favorable lease places your business in a position to succeed. Keep in mind that a real estate lease agreement is prepared by the landlord to favor the landlord. It is the potential tenant’s responsibility to read it completely, understand what it says, and then ask for modifications.
Read MoreCommercially rented space may have to be customized to fit a tenant’s needs. The leaser and the landlord will negotiate who will design the space, do the work, when it will get done and who will pay for it. The lease clause that addresses these issues will be titled ‘Improvements and Alterations
Read MoreA commercial tenant improvement project involves the interior remodelling of an existing office or retail space to upgrade for the current tenant or to change in order to accommodate a new tenant. This post is to aid owners, designers and architects in the preparation of the plans needed to complete applications for the necessary permits.
Read MorePre-bid job walks are typically held during the bid/proposal preparation period, is more important than it may seem. Usually, the invitation to bid contains instructions and information relating to a pre-bid job walk site inspection. Complying with these instructions is necessary.
Read MoreWhen leasing or buying new commercial space, you may run across the following terms: Grey Shell and Vanilla Shell. Many people are confused about the difference between the two. While each situation is different, the following are basic definitions of the two and what is most commonly included.
Read More
