Co-Workers E-mail to a Client – 4,000 to 5,000 sf
Filed Under Business and Life, Market Info · Tagged: LinkedIn, sublease toronto, toronto, Toronto Commercial Real Estate, toronto real estate, toronto real estate market
Financial Core Sublease - Toronto
I am on a file with a co-worker and he sent the following email to a client… which I agree with.
We continue to see quite a few sublets come to the market, a lot of which are built out. One thing you may want to consider is taking advantage of a sublease at discounted rents. The reason I mention that is that vacancy is still low and the majority of landlords are not bending on their rental rates. TD Centre will will be more negotiable, come next year, but only for larger size tenancies of 10,000 -15,000 and greater. My advice is, if you are month to month, to let us know what you are looking for so we can keep our eyes out for something that could be a match. If you are in the same size range as before and want to save some money, your best solution will be to find a sublease that is already built out today versus on a direct basis in 2010.
I agree with him. The time to capitalize on a quality sublease is today… or maybe this summer.
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Small Office Space – Yonge and Bloor or Eglinton – Toronto
Filed Under Available Office Space Toronto, Office Space Deals · Tagged: Commercial Real Estate Toronto, LinkedIn, Office Space Toronto, Small Office Space - Yonge and Bloor or Eglinton - Toronto, Sublease office space toronto, toronto commercial office space, Toronto Commercial Real Estate, toronto executive office space, toronto office space for rent
Midtown Toronto - Bayview
Had a client ask for a list of small office space (again) in Midtown. Here are the best alternatives I came up with.
Small Midtown Commercial Real Estate
Commercial Real Estate Toronto
Please note the attached office space is not listed with OfficeSearchToronto.com but call us first at 416-992-9869 or E-mail Me for floor plans and additional information. If you want to sort out only the available office space listings on this blog, click the link “Available Office Space Toronto” in the Categories section on the bottom right.
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Prospecting Game Plan in a Changing Market
Filed Under Business and Life, Market Info, Marketing Tools · Tagged: facebook, LinkedIn, prospecting real estate, social media for real estate, twitter, using social media as a real estate agent
Social Media and Commercial Real Estate
Social Media – lets get real!
Seems like the agent water cooler gossip is about social networks and how to use the various networks successfully these days. My take: they are rapidly increasing in popularity but won’t really pay off for a couple of years, at least on the commercial side. Just like Ebay – it took a while before you felt comfortable to enter your credit card online didn’t it?
I generate approximately 50% of my new clients from my blog, Twitter, Facebook and LinkedIn accounts BUT if you want business that pays the bills today you have to continue your grass roots prospecting. That means getting in early to cold call, staying in touch with former clients for repeat business and referrals, canvassing or doing mail drops for your listings and actively meeting with clients to tour office space, no matter what size the requirement is. What social media has done for me is dramatically increase my prospect and client base and helped me to easily and consistently stay top of mind and informed.
If you are an agent in the commercial real estate industry my advice is to continue to focus on relationship, relationship, relationship and not the marketing. If you rely solely on social media to generate leads to pay your bills today you will be going through very difficult times. Don’t put all your eggs in the social media basket! Consider social media a useful development tool to prospect for future business and to increase your client base but do not expect it to pay off this quarter. Just remember, don’t start too late or you’ll be left behind with the other agent dinosaurs and it could be too late; the world of social media will become mainstream one day soon… just make sure you are ready for it!
When do you think social media will become mainstream? How far are we from the day a HR manager from fortune 500 companies will feel comfortable starting their search for new office space on Twitter?
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Shared Office Space – Financial Core Toronto
Filed Under Market Info · Tagged: Financial Core Toronto, Shared Office Space
Regus has some great shared office space Downtown Toronto. Are you looking for a small / flexible solution for your start-up? Regus is a fantastic solution.
Regus Business Center
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LinkedIn vs Facebook vs Twitter
Filed Under Business and Life, Market Info, Marketing Tools · Tagged: best social media sites for real estate, business development, LinkedIn vs Facebook vs Twitter, real estate social media, short term solutions, social networks
Social Networks for Real Estate Agents
It is hard to judge what social media application has been my favorite. Thus far Facebook is in the lead for just pure fun, but from a business development and networking perspective LinkedIn has allowed me to meet a lot of potential new clients or companies I can refer business to (ie. contractors, lawyers, etc). I had not been fair to Twitter until recently and now I’m addicted. When I first started I didn’t think it would be worth my time. I have changed my opinion since then. Not only does it boost traffic to my blog but I have actually received a few leads – which is more than LinkedIn and Facebook have done for me. These leads are usually tenants looking for shared space or short term solutions. Some people say I’m wasting my time with them as “They’re too small and wont justify the time you put in”. I see it as an opportunity to meet a new contact/potential client. You never know what could come of it and establishing a report with someone that needs help, when nobody else will, goes along way towards their future business if / when the tenant grows! Relationships, relationships, relationships!
What are your thoughts on the social networks out there for real estate agents. Are you part of any others that have had value add to your business? What’s your favorite?
Comments encouraged!!
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Important Issues to Consider When Leasing
Filed Under Business and Life, Market Info · Tagged: Important Issues to Consider When Leasing, improvement costs, landlord, lease negotiations, lease rate, leases, legal help, market interest rate, office leasing, space requirements, square foot, tenant improvement, tenant requirements, typical office
Office Leasing Toronto
All tenant requirements are not the same, but their needs can generally be prioritized in this way.
1. Budget (lease rate)
2. Location
3. Space requirements, including but not limited to:
* Parking
* Build-out
* Loading capability
* Accessibility
* Presence
4. Employment Base
5. Lifestyle
Before You Start
* When starting the search for new space, enlist the services of a licensed professional to assist you in navigating through the search process and lease negotiations.
* Take the time to read your current lease and provide a copy to your representative for review. There may be clauses or specifics that impact your relocation.
* Take the time to identify requirements, including square feet, power, geographic area, affordability (monthly lease commitment), and how the move affects both employees and customers.
* Your interests are best served by interviewing more than one real estate professional to choose someone who can assist help you accomplish your goals. At the end of the day, the lease you sign will be your home for the next three to five years.
What Tenants Need to Know
Plan to spend real money to get space built-out the way you want it. Tenant improvement costs have doubled since the last time most tenants negotiated their leases. A tenant locating to a new space that requires improvements can expect to spend between $10 and $30 per square foot of their own money, in addition to the landlord’s standard $25 to $30 per square foot allowance, to finish the space to typical office building standards. Some landlords, however, are willing to amortize these costs over the term of the lease at a market interest rate.
Leases are becoming more complex. It is not uncommon to see a 40 to 50-page lease that is more intricate, with clauses that require close examination. Unfortunately, legal help is compulsory for the typical tenant.
The best way to get the space you want is to find a qualified real estate professional who is experienced in the type space you need and who knows your desired area. Not only does this provide you with sound advice and a leg up in negotiating, but will also lend credibility to your requirements. Sophisticated landlords view prospective tenants who have representation as being more credible and better to do business with.
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Mostly Midtown Toronto Landlord Office Space
Filed Under Available Office Space Toronto, Landlord Listings, Office Space Deals · Tagged: cost of downtown toronto space, leasing companies downtown toronto, LinkedIn, Mostly Midtown Toronto Landlord Office Space, office lease price toronto downtown, office lease prices toronto, office rent downtown toronto, office rent toronto, office rentals toronto, office search toronto, office space for rent in toronto, office space for rent toronto, office space in toronto, office space in toronto price, office space price in toronto, Office Space Toronto, offices for lease toronto, rent office toronto, small office space toronto, sublet office toronto, toronto loft spaces for rent, toronto office lease, toronto office leases, Toronto office real estate blog, toronto office rent, toronto office rentals, Toronto Office Space, toronto offices for lease, toronto recent listings
Midtown Toronto Office Space
OfficeSearchToronto.com tracks available office space across the GTA. Want a survey or availability report somewhere else in Toronto? Are these space too big? Call us at 416-992-9869 or E-mail Me!.
Click on the links below to see the available office space.
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431 Richmond Street East – Office for Sale Toronto
Filed Under Available Office Space Toronto, Office Space Deals · Tagged: 431 Richmond Street East, cost of downtown toronto space, leasing companies downtown toronto, LinkedIn, Office for Sale Toronto, office lease price toronto downtown, office lease prices toronto, office rent downtown toronto, office rent toronto, office rentals toronto, office search toronto, office space for rent in toronto, office space for rent toronto, office space in toronto, office space in toronto price, office space price in toronto, Office Space Toronto, offices for lease toronto, rent office toronto, small office space toronto, sublet office toronto, toronto loft spaces for rent, toronto office lease, toronto office leases, Toronto office real estate blog, toronto office rent, toronto office rentals, Toronto Office Space, toronto offices for lease, toronto recent listings
I do not post investment opportunities very often but this one is from a co-worker. If you’re interested in getting more information on this or similar product call me at 416-992-9869 or E-mail Me!
431 Richmond Street East
Boardroom
Office Space
Newly Renovated Standalone 4500-5000 sf office building with 6-8 parking spots. Building fully renovated 13 years ago (roof, windows, boiler, electrical, plumbing, mechanical) and main floor entirely gutted and renovated 18 months ago. Perfect user building for small office or studio.
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Toronto Pictures – Real Estate
Filed Under Business and Life, Marketing Tools · Tagged: cool pictures toronto, toronto buildings, toronto pics, toronto real estate pics
I currently subscribe to these blogs and now and then save their pics to share in my blog too.
http://torontobefore.blogspot.com/
Some of the very best blogs and website to dig up fantastic old pictures of Toronto. Thanks guys!
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Landlord Listings – Downtown West Real Estate
Filed Under Available Office Space Toronto, Landlord Listings, Office Space Deals · Tagged: cost of downtown toronto space, Landlord Listings - Downtown West Real Estate, leasing companies downtown toronto, LinkedIn, office lease price toronto downtown, office lease prices toronto, office rent downtown toronto, office rent toronto, office rentals toronto, office search toronto, office space for rent in toronto, office space for rent toronto, office space in toronto, office space in toronto price, office space price in toronto, Office Space Toronto, offices for lease toronto, rent office toronto, small office space toronto, sublet office toronto, toronto loft spaces for rent, toronto office lease, toronto office leases, Toronto office real estate blog, toronto office rent, toronto office rentals, Toronto Office Space, toronto offices for lease, toronto recent listings
Commercial Real Estate Downtown West
Click on each link to bring up the listings as a larger version you can read.
OfficeSearchToronto.com tracks available office space across the GTA. Want a survey or availability report somewhere else in Toronto? Are these space too big? Call us at 416-992-9869 or E-mail Me!.
