Top Five For Small Business — Things to Know When Leasing a Space for Your Business
The Partnership is proud to present a new series focused on issues small businesses face daily. This Top Five series will feature experts in human resources, marketing, accounting, IT and others. They will introduce five things on certain topic that will help you be successful in your small business.
Making a commercial real estate decision is an important one and may have long term impacts on you and your organization. You will be faced with many acronyms, brokers and landlords ¾ despite all of that, the process of finding your future location can be fun and rewarding when armed with the right questions and assembling the right team to help you through the process. Our panelists will help you identify these questions and hopefully make the process stress free and ultimately a successful one. We will focus on the following themes:
Top Five things to know when leasing a space for your business
- Benefits of Having a Broker Team ¾ What does a broker and site selection team do? How much do our service cost?
- Know the lingo ¾ What’s triple net? CAM? Gray Shell? Vanilla Box? TI? Work Letter?
- Avoiding the Avoidable – Zoning, parking, WRA and other issues to be aware of.
- Lease Agreements/Purchase Negotiations and Agreements
- Tenant Improvements
Justin Lossner serves as the Co-Lead for JLL’s Iowa Markets. Since helping launch JLL in 2014, Justin has acted as the team’s office expert taking part in several significant tenant representation and agency projects. His clients range from institutional publicly traded companies making multi-million-dollar decisions to helping assist local requirements. His clients often notice his passion for his profession and his dedication consistent communication.
Dan Corron is a commercial real estate agent at Denny Elwell Company, a full service commercial real estate company with close to 4 million square feet in the metro area. He is one of eight sales and leasing agents in their Ankeny and Waukee offices tasked with filling the close to four million square feet in its portfolio. The agents also take on third party clients to assist in leasing, selling and purchasing commercial properties all over Iowa.
Daniel Hurd joined Hurd Real Estate in May of 2012. His responsibilities include marketing the company's real estate portfolio, acquisitions and dispositions, and financial analysis. He has worked on numerous transactions both locally and throughout the Midwest and Southwest of the country. Daniel was awarded the "Rising Star" award in 2013 from the Iowa Commercial Real Estate Association (ICREA).
Brandon Foldes leads SHYFT Collective as CEO and Principal. He has dedicated his career to finding a better way to address real estate challenges companies face in the ever-changing business environment. Over the last several years, Brandon has built a team to support him in these efforts to deliver a service model that is comprehensive and fluid for the market. Brandon's expertise in project management, real estate services and client relations has provided our clients and team a strong leader and resource.