How To Save Money On Office Space As the New Year begins, now is a great time to reduce your second highest operating expense. It’s important to evaluate the best way to save money on office space. The following three questions should help you assess your current situation: Office Size First, is your space the […]
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Lease Options Options in a lease are beneficial to either the Landlord or the Tenant. Landlords want to provide the Tenant with as few options as possible to securitize the lease as strongly as possible. Many Landlords use their rent roll to securitize a refinance or sale. For instance, if a tenant has an option
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Common Area Maintenance (CAM) in all its mystery. First, let’s start with trying to define the common area. What is Common Area Maintenance? Common Areas can be lobbies, hallways, elevators, bathrooms, sidewalks, parking lots, landscaping, rooftop decks, shared amenities, and so on. These areas within a building enhance the feel or usefulness of a space.
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The Autonomous Vehicle Impact (This map of Pittsburgh’s dedicated parking areas shows how much additional space could be gained if the need for these spaces goes away. As a result of the impact of autonomous cars, green space in the city would increase significantly.) The impact of Autonomous Cars will have a tremendous effect on
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Our Project Life Cycle At Found Advisors, we approach all projects and clients with a fresh mindset, because we realize not all clients are the same. Depending on how much time each client has and how far along in the commercial real estate process they already are, we work with them at various stages of
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Is the CBD in Pittsburgh a tenant’s market? A ‘tenant’s market’ is a term used to describe a real estate market. In a tenant’s market, tenants hold the upper hand over landlords during negotiation. This can occur when vacancy rates rise in a certain area. When vacancies increase, landlords provide tenants with incentives that
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Small Acts of Kindness Each month, our office completes a service project. Recently, our owner gave each employee $100 to brighten someone’s day. Our job was to carry out small acts of kindness. I chose to pick up the restaurant check for a family. I also sent nonperishable goods to Houston to help with the
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Timing of the Cracker Plant and its role in commercial real estate Royal Dutch Shell is in the process of constructing a $6 billion petrochemical plant in Beaver county on the banks of the Ohio River. The facility, also known as a “cracker plant”, will take in oil and gas and break it into smaller
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Wellness Core Value One of our core values at Found Advisors is wellness. We recently purchased desk treadmills for the office. Typically, I average about 15,000 to 20,000 steps a day while I work. Of course that depends on how many meetings I have. I have had to learn how to type and walk. It
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Must Have Solutions Okay, I don’t believe in time management at all. I know we have limited time. In addition we each must manage the time that we do have. However, don’t you find that something always comes up that is outside of your control? Therefore you can’t manage it. For me, being efficient and
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What I Learned In Prison As I stood at the glass exit of the Allegheny County Prison this afternoon, it was hard to feel anything but hope. Nevertheless, waiting for the Corrections Officer (CO) to buzz me back into the world always brings a moment of anxiety. I think of the prisoners who only know
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Pokémon Go! Unites This picture does not depict the reality of the Pokémon Go craze. Nor soes it reveal just how easy it is to see our community join together in even the smallest way. However, let me try to explain. My 11-year-old son, Zane and I recently took a day trip to Erie, Pennsylvania
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