Microsoft Lease Space

The world’s leading software company has announced that they have, as of yesterday signed a long term lease for offices right in the heart of New York City, Times Square. The building where the new office will be is owned by SJP property investors and Prudential Real Estate Investors. The impressive office is 200,000 square feet in a 1.1 million-square-foot, LEED-Gold-certified office and retail tower in Midtown. Microsoft employees will definitely be pleased because it is situated in the perfect place that has direct subway access to all stations of New York. It is also one subway stop from Grand Central Terminal. This will definitely be convenient for workers to easily avoid Manhattan traffic.

The building is said to be managed like a five star hotel which complements just how prestigious Microsoft is. It will make a good impact on business because relocating to this new office is a sign that the company is continuously growing and improving.

Saving for your life

It is not easy to save money with all the expenses around us, but it is definitely safer for us to set aside a few dollars for there will always be rainy days. Saving for retirement is something one must foresee, we will not earn as much as we use to.

What we save today will benefit us tomorrow but why wait when we can invest our savings on properties that earns? Look into the brighter side of investing on commercial or residential spaces, the value never depreciates.

Owning a property as young as you are now, you are assured that you will be secured and stable after retirement.

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More Commercial Projects in Chennai

nullA lot of leading developers and realty companies are launching their new residential and commercial projects in Chennai to fill the rising demand. Most of these projects are in Chennai’s IT Corridor. Chief locations include Nungambakkam, Anna Salai, Mount Road, Cathedral Road and Dr. Radhakrishnan Salai. These areas have been accessible and easily preferred by property builders.

The present capital value of Radhakrishnan Salai is already 4,500 – 5,000 Rs/sq ft. This is now the most expensive commercial area in the whole of Chennai. Property bookers from Chennai have informed that other prestigious locations like Cathedral road and Anna Salai are also following suit.

Tips in Commercial Real Estate Investing

nullThe good thing that has come out of the mortgage crisis in the U.S. is that people have been interested in investing in real estate now that the prices are dropping, and low prices in turn makes them possible to do that.

Before you jump into investing, first you have to remember that commercial real estate would require more of your attention and time rather than dollar investments alone. If you are considering purchasing rental property, this means that you have to take care of your real estate property and your tenants as well. So, you have to consider time availability on your side.

Where to Locate a Commercial Space

8.jpgCommercial spaces have different shapes and sizes. Depending on the kind of business where it will serve its purpose, they may found in strip shopping centers, free-standing buildings, downtown shopping districts, enclosed malls, or mixed-use facilities. Airports and other transportation facilities now have commercial spaces to cater to the needs of their customers. Hotel lobbies and sports stadiums are also places convenient for commercial spaces. Even venues for special events, whether regular or temporary, are likewise available with commercial spaces. Commercial space is any area where you can do your retail business. So anywhere where you can achieve your goal of doing your retail can be considered a commercial space.

Buy or Rent?

When you rent a place to live, you can certainly expect your rent to increase each year – or even more often. If you get a fixed rate mortgage when you buy your own home, you have the same monthly payment amount for twenty to thirty years. Even if you get an adjustable rate mortgage, your payment will stay within a certain range for the entire life of the mortgage – and interest rates aren’t as volatile now as they were in the late seventies and early eighties.

Imagine how much rent you will be paying ten, fifteen, or even thirty years from now? Think it over, which makes more sense?

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Prime Manhattan Realty


Prime Manhattan Realty identifies all New York commercial office property in Midtown Manhattan and Soho that gathers real estate requirements. This company is committed not only in discovering a perfect space, but finding that space within a precise time frame and finances.Since Prime Manhattan Realty has been in the market for years, they give aan expert advice in choosing a real estate office in New York City.

  • Familiarity and right to use every building and every space in Midtown Manhattan
  • Understanding of sublets, direct leasing and market opportunities in New York City, NY.
  • Extraordinary bargaining  power with agents/owners of buildings, based upon:
    1. Unbeaten working relationships with building management
    2. Quantity of tenants represented

How to Take Care of Commercial Property

nullLet’s say for example that you have decided to purchase a commercial property for rental purposes, you have to make sure that you fix it first before you rent it out. This means that you have to repair and remodel before you find tenants. Also, there has to be someone to take care of ongoing repairs and maintenance and cleanliness.

If you can afford it, it’s best to hire a property manager that will oversee this for you. Even then, you still have to make high decisions, approve invoices, sign checks and pay wages. All in all, you are advised not to tread into the waters of commercial property investment if you don’t think you have the time to invest as well.

Commercial Spaces an Investment

Moving into a commercial office space can be an exciting time for a small business owner. It signals that business that has outlived the usefulness of a home office. More space is needed to house new employees and more equipment, conduct meetings, conferences, and product demonstrations.

An investment to make and future of your business. An office outside the home should provide a comfortable space such as parking spaces and accessibility to other establishments that you might be working with as you operate your own business.

A commercial office gives a small business owner the feeling of taking the business to its next level of growth with continued growth expected and eagerly anticipated.

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Pimp your Business Space with Entertainment Showcase

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Are you into your business space but do not have an entertainment area that will compliment it? Then you may want to consider choosing from wide variety of entertainment showcase available in the market today.

But before you scream with excitement for choosing the right one for your space, there are still a few things you need to remember. First, you need to find the right hardware. This is because most DVD players do not support 8 channels of audio, without which, you won’t make the most out of your 7.1 surround sound speakers. The Blu-Ray format, however, delivers 8 channels of high quality, lossless DTH-Master Audio/Dolby TrueHD audio. The 8 channels can thus be separated and distributed among the 7.1 setup. Consequently, you will get a multi-directional sound for a truly magnificent HD experience.

Whatever you choose, make sure that you check on the item before purchasing it. Also, consider the warranties to make the most out of your money.

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