Latest Trends in Commercial Spaces

3.jpgA well architecturally built commercial space has double tasks. One is to please the tenant and the other is to give the visitors the overview of its uses and services it offers. Hotels, shopping malls, restaurants, supermarkets, among others, are very particular about these features of a commercial space. Even if there is a great typological diversity among these establishments, they are required to responsive to these premises. In today’s rapid growing competition, commercial and even public spaces must have distinguished designs wherein people can do various activities ranging from just a light and playful activity to the more serious business related activities.

Who Is Your Landlord

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Landlords should in general keep away from investment clubs and without doubt paying hefty membership fees. A property-owner should learn by heart that buying an investment property is not similar to buying a home. Property investors must concentrate on the probable returns from the investment when making a decision on which one to purchase. A property investor should accomplish a full investment evaluation prior to determining and consigning to a development. Landlords and property investors need to be lucid about what category of tenants that they want to be a magnet for before even trying to establish their investment property search. 

The Balancing Act


Confused of what to buy, when and where?

The trick in buying real estate is to view all possible decisions using both the logical and the emotional perspective. If a situation presents itself that requires a trade-off, decide on whether there is a huge conflict or a small one. Logic should win the big conflicts, but emotion should always be a factor, even winning the small ones.

You will find yourself owning a warm, happy, safe home – and an investment for the future at a price you are willing to pay.

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How to Deter Shoplifters


For owners of retail shops, employee theft and shoplifting is said to account for the largest losses in their business. A store that has a good layout and design can help to prevent this. Here’s some tips:

• Using mirrors in corners will help to eliminate blind spots that may hide shoplifters. Good lighting in all areas of the store will also help in better visibility.
• Keep the store neat and orderly. Having a good display and inventory system will help you and your staff to know immediately what is missing.
• Never leave the register unattended or unlocked. Merchandise should not be displayed near store exits without personnel to keep an eye on them. Small, expensive items should be kept in a locked display case or behind the counter. Rest rooms and dressing rooms should always have an assisting personnel, who should be trained to take note of the items being carried in and out.
• Uniformed security guards serve as powerful deterrents for shoplifters. Also, knowing that the store has anti-theft measures such as CCTs also serve as deterrents.

“Spaces for Sale or Rent?”

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Contemplating in looking for a commercial space either for sale or for rent? What would be your preferences and requirements?

These may be the questions that bother your mind which of course can be avoided if you consider the following things: space, location, parking, tenants, handicap access, public transport, expansions, utilities, partitions, open floor plan, closed rooms, functionality and your customers’ perspectives.

So be cautious when making plans of looking for a commercial space for your office, always look into the details and be apprehensive of what may help you towards the growth of your company.

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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.

Getting Your Vacation Homes: More


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Turn your house into a baby and toddler-friendly vacation spot. During the christmas season, schools are out so that’s the only time that people with children can travel. Mindful of babies’ and toddlers’ needs, you can have a high chair or two , portable crib and diaper changing tables in rooms where they are needed. If you want, you can probably charge a minimal fee for the use of these or have them ready at the common areas. Since your vacation house is baby-friendly, then you might as well be pet friendly too! But before you start accepting pets, be sure you and your house are both pet ready. Accepting guests with pets will increase your income because now, your guests’ pet will also be billed for its stay, to cover the expenses for cleaning pet stained carpets. And it is alright to charge them for their pet’s stay because anyway, they are going to pay boarding fees for them while they are away. If winter occupancy rate is still not good, it’s time to get creative. You could offer “customized” treats for your repeat guests. For example, if you happen to glance at the file of a repeat guest, you noted that they are celebrating their wedding anniversary over the weekend. You can give them a call and offer them a weekend stay at a reduced price. Or you can get aggressive. You can bring out your file of VIP visitors, give each and everyone of them a call and offer discounted rate bookings.

Foreclosed Properties

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Dealing with foreclosed houses is also dealing with paperwork often. As soon as the house is all set to go on the marketplace, it is recommended to submit a listing value to the bank based on the situation of the home and up to date sales in the neighborhood.

  Throughout the housing unexpected and out of the blue increase, most foreclosed homes were purchased by investors who refurbished and put on the market in order for them to make a profit. At the present time, the actions are more time and again with people looking to improvise the house and reside in it.

Commercial Interior Design


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Commercial interior design inherently embodies a number of unique challenges. Commercial interior designers are skilled at meeting each unique need, and creating a space that is not only attractive, but functional as well. Whereas some commercial design firms focus only on the aesthetics of the commercial space, they must pay close attention to space planning so that the layout will propose flows well and is highly functional for you and the type of services your business will be providing. As part of space planning, they consider the best types of furnishings for your commercial interior, and locate the pieces that are exactly right for your commercial interior design. To succeed as a commercial interior design company, designers must consider the practicalities of a space as well. Not only will we help determine the right colors, look, and style of furnishings, wall and floor coverings, but we will work with you to determine what materials will be most appropriate given the function of your business.

Eric Larson, Co-Partner

 

 

Bedrock Real Estate Services LLC named Eric Larson their new co-managing partner. The Downtown Detroit based company famous for doing business by purchasing and leasing commercial spaces is happy with the recent change. Larson will be a great addition since he has vast experience in the real estate industry with 25 years of experience as a real estate developer. For Bedrock, he will concentrate on the master planning, acquisitions, development and leasing activities. James Ketai, current managing director has only good words about this new partnership saying ”Eric brings a vast amount of experience, expertise and a strong presence in our community. He will be a great and welcome asset,”

Eric Larson has made a name for himself when he founded Larson Realty Group in Bloomfield Hills. During his solo career, he managed $3.5 billion in real estate, including General Motors’ purchase and development of the Renaissance Center. Larson is excited about his new venture. James and Eric will clearly be a duo that would take real estate business by storm. Watch out, Detroit!