FindSpace Has All The Tools You Need
February 9, 2010 Leave a comment
If, like us, you are faced with finding new premises for your business then we can fully sympathize with you.
I constantly ask myself, why is it so hard. You look through a number of websites all of which have different designs and present a limited amount of information.
Alternatively you drive around the area you are interested in noting down premises that are available and justify further research. Back to the computer again and start the job of looking up the details on what you found, you contact the vendors only to find the premises was rented/sold a few weeks ago but they haven’t got around to taking the signs down…..now how do you feel?
What you are looking for is retail space on or around Queens Street, that has 150m2of retail space, about 50m2 of storage space and at least 80m2 of office space. You also require at least two car parks and it would be great if it had a shower or maybe a mezzanine floor. Price wise it must not cost more than $250 per m2.
This surely is not too much to ask, right! The reality is, it was, but now FindSpace will let you search for exactly what you are after. Here are some of the features and tools of our site that will assist you in your search:
- For all properties that are for sale and/or lease we ensure there is a price loaded against the listing as the last thing you want to do is waste time looking at properties outside your price range.
- We capture the full breakdown of a property into its area types so that you can run a query as structured above with multiple building uses.
- We capture a Post Code for all listings so you can see all retail space for sale/lease within a geographic area.
- We provide the most comprehensive search tool, SpaceFinder, so you can quickly narrow down your search to exactly what you are after.
- We automatically expire all listings every 28 days so you never waste time reviewing properties that are no longer available.
- We display your shortlist of properties on Google Maps so you can easily see how they all relate to the area you are interested in.
- We only list Commercial Property so the site is 100% geared to capturing and displaying only relevant information (no field for number of beds on our site).
- Once you have saved your search criteria we will e-mail you daily any new listings that are added that meet your requirements so you don’t have to spend any more time than necessary in this time consuming pursuit.
- Our site is completely open so Landlords/Property Investors get the exact same deal and features as Real Estate Agents.
- We even provide the ability to push all your listings back to your site, ClientSpace, so you only have to maintain the data on the FindSpace site and it appears on two website, two sites for the work of one.
- Last, but not least, the site is currently totally FREE to list so there is no barrier to landlords not listing with us.
We are constantly working on the site to make it better for you, the end user. So if you have property for sale or lease it makes very good sense to list it on FindSpace as your customers will be better able to find it.
How To Educate Your Landlord
February 3, 2010 Leave a comment
The following is a recent blog from Parallel Directions.
The commercial rental property market in New Zealand continues to be very much a tenant’s market… but there are many landlords who simply don’t get it.
Negotiating myopia
It amazes me in the many negotiations I conduct for clients how many landlords take such a short-term view and, by playing hard ball, lose out on securing long-term tenants.
In today’s over-supplied market it is more important than ever, one would think, for a landlord to build a good and long-term relationship with tenants. But alas, many still don’t get it.
In my experience, the good majority of commercial property landlords in New Zealand have very poor negotiating skills. They are often inflexible and take a narrow view regarding their income and profitability.
Here is some free advice:
75% of these landlords didn’t get it…
Of the four most recent commercial property negotiations I’ve been involved in recently, only one landlord was flexible, prepared to build a relationship with their tenant, and look to the long term.
Prediction:
I predict that come the next rent review, this relationship will last and a rent renewal to benefit both tenant and landlord will be achieved. In the other three cases where the landlord has been inflexible, the tenants will leave to find a better deal.
I believe it is the way of the future that win-win solutions in business will result from thinking about the needs of the other party.
Advantage
The advantage I have negotiating strategies on behalf of tenants is that I can take a totally independent view and offer up win-win proposals that not only benefit my commercial tenant clients, but educate landlords about potential alternative deals and how to win secure long-term tenancies.
I’m lucky that I am not responsible to any corporate entity that demands I negotiate in a narrowly focussed manner. That enables me and my clients to make the best of today’s buyer’s market… and potentially up-skill a few landlords in negotiating mutually beneficial deals at the same time!
What about you?
Have you had success negotiating a lease with a reasonable landlord or has your landlord been inflexible and hard nosed? How has this influenced your attitude towards your landlord and your intentions to stay or go? Leave a comment below and share your experiences with other readers…
Filed under Industry Commentary Tagged with commercial property lease, landlor negotiations, lease negotiation, office leasing, parallel directions, rent renewals