CRA Blog

Why Your Company Should Consider a Reimbursement Letter Before Signing a Lease

Posted by Robert G. (Gary) Bender on Jun 19, 2017 9:28:32 AM

 Once you have selected your new office or warehouse space and negotiated the business terms, it is a good idea to consider entering into a reimbursement letter with your prospective new landlord prior to signing the lease.

From the moment we tell the landlord “We have a deal,” it can take 60 days (or more) of back-and-forth negotiations before the lease is signed. With an advance reimbursement letter in hand, we can use that time to take the space plan for your new office or warehouse and begin preparing construction drawings.

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Topics: Lease Negotiations

3 Points to Remember to Keep You Feeling Good About Your Office Lease Throughout the WHOLE Term

Posted by James (Jay) Rigelsky on Jun 9, 2017 10:46:14 AM

 

Every day, businesses and their leadership face a number of extraordinarily stressful situations when attempting to make the “best choices” for the immediate and long-term future of the business. 

 

Whether a company has one, two, or multiple office leases, each lease negotiation is both exciting and stressful.  Many times, the up-front business terms of a lease, give the appearance that the entire lease term is going to look as manageable as years 1 and 2. 

 

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Topics: Lease Negotiations, Office

How to Make the Most Informed Real Estate Decision: Work with a Tenant-Only Representative

Posted by James (Jay) Rigelsky on May 3, 2017 10:41:42 AM

 

Consider your experiences purchasing a car.

 


Would you purchase a car from the same salesperson that will be financing your loan?

 

For example, car dealers offer various incentives to entice you to buy a car. They offer instant rebates, new buyer discounts and free maintenance for a 6-12-month period. Let’s say that the salesperson has piqued your interest and factored all these incentives into the sales price; he then presents you with one more option: incentivized financing if you purchase your car through the dealer.

 

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Topics: Tenant-Only Representation

Designing Office Space that WORKS

Posted by Brandon P. Wood on Mar 14, 2017 2:13:04 PM

 


When seeking office space, a company must first determine the square footage needed and the best way to maximize the use of that space.

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Topics: Office

Spinning Your Wheels Over Transportation Costs?  Our “Shuttle Buster” Program Can Help!

Posted by Robert G. (Gary) Bender on Mar 14, 2017 2:08:45 PM

 

Are you shuttling product from your production plant to a nearby off-site warehouse?  Many successful companies have elected to expand production lines at their plant by using space previously designated for warehousing. In doing so, without additional land or capital for a new “on site” warehouse, this decision has resulted in warehousing being moved off-site.

This election, while understandably a good and expedient short-term solution, has significant additional costs associated with operating an off-site warehouse including:


  1.    Shuttle costs between the production plant and off-site warehouse;
  2.    Handling costs associated with moving product to an off-site warehouse (double handling); and
  3.    Breakage, theft, and inventory tracking issues associated with operating an off-site warehouse.
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When Should Your Company Consider Working with a 3PL Warehousing Provider?

Posted by James (Jay) Rigelsky on Mar 1, 2017 3:53:28 PM

                                            

 

Sales, operations management, and the hiring and management of a company’s labor are critical tasks for any business. Most companies spend countless hours tracking and analyzing sales data from existing markets and trying best to determine new market opportunities.  Additionally, it is the responsibility of the sales management team to nurture and extend existing relationships and develop new relationships that can facilitate market penetration.

While sales representatives are typically the day to day faces of their organization and their duty is to generate sales and revenue, it is the daily task of the operations team to deliver on the promises of the sales force. Additionally, it is the operations team’s task to make sure products are readily available not only to direct delivery customers, but to retail outlets for walk-in customer consumption as well.


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Topics: Third Party Warehousing, 3PL Compete

Should Your Third Party Warehousing Provider Hold the Lease?

Posted by Robert G. (Gary) Bender on Feb 1, 2017 9:36:43 AM

  

Historically, companies have outsourced their warehousing to Third Party Warehousing Providers (3PLs) who have held the lease. While this may seem like the simpler solution to streamline the process and write just one check for storage and handling, there are many benefits to companies holding the lease when hiring a 3PL Provider to operate their warehouse. We have compiled a list of the top three (3) economic benefits for companies holding the lease.

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Topics: Third Party Warehousing