*nods in agreement* Thanks for your thoughts, Mark... and everyone else too!
*Aliza Schlabach* Founder Coworking for Parents (soon to be "Juice Box") www.CoworkingForParents.com <http://www.coworkingforparents.com/> <[email protected]> 215.858.4658 Sign up for our email newsletter <http://www.coworkingforparents.com/> | Join our Meetup group <http://www.meetup.com/CoworkingForparents/> | Like us on Facebook <http://www.facebook.com/CoworkingForParents> On Mon, Aug 20, 2012 at 2:42 PM, Mark Gilbreath <[email protected]>wrote: > Aliza > > My gut reaction is that the landlord is thinking either of two things > > 1) he/she believes that the real estate market is improving and that > effective market rates in 18 months will be higher than today - so she > wants to have the ability to increase rates > > and/or > > 2) he/she is unsure about the business that you are proposing for the > space. > > Either of these possibilities are things that your real estate agent (and > you) can and should surface directly with the landlord. If "1)" is the > issue, you might be able to negotiate a schedule of predefined rate > increases, that give the landlord the comfort that the rate can rise with > the market. > If "2)", then you have some more selling to do... and there is a great > case to be made for the positive impact of Coworking spaces on buildings > and the local business district where they reside. > > Best > Mark > > On Mon, Aug 20, 2012 at 12:28 PM, Alex Hillman < > [email protected]> wrote: > >> Do you have any indication from the landlord on their reason for not >> providing a renewal option? >> >> -Alex >> >> -- >> /ah >> indyhall.org >> coworking in philadelphia >> >> On Monday, August 20, 2012 at 1:26 PM, Aliza Torok Schlabach wrote: >> >> Hi everyone, >> >> I am curious about what kind of basic lease structures you all have (or >> had when starting your spaces). There's a space I'm interested in, and I >> can get a very good rate ($10/sq ft/yr, gross) for 18 months, but the >> landlord will not give me any kind of renewal options... which means I >> could get booted from the space after a year and a half. Right now it's the >> only compelling location on the table. Since I'm trying to incorporate >> child care into my plans, the space requirements are much tricker than for >> straight up coworking; I've been searching for a building since March and >> haven't had any luck yet. >> >> The landlord will pay for installing 2 bathrooms and a kitchenette (a >> bare minimum to start up the space). The only other work I'd really need to >> do is painting and installing some new lighting. There's another floor that >> I would love to expand to if all goes well (another 5,000 sq ft with 3 >> bathrooms and a kitchen)... but there's no guarantee that I'll be able to >> do so. >> >> My real estate agent doesn't recommend doing it - she says I'm too >> exposed to risk with this deal. Wanted to hear all of your thoughts... >> >> Thanks! >> >> *Aliza Schlabach* >> Founder >> Coworking for Parents (soon to be "Juice Box") >> www.CoworkingForParents.com >> <[email protected]> >> 215.858.4658 >> Sign up for our email newsletter <http://www.coworkingforparents.com> | Join >> our Meetup group <http://www.meetup.com/CoworkingForparents/> | Like us >> on Facebook <http://www.facebook.com/CoworkingForParents> >> >> >> >> -- >> You received this message because you are subscribed to the Google Groups >> "Coworking" group. >> To post to this group, send email to [email protected]. >> To unsubscribe from this group, send email to >> [email protected]. >> For more options, visit this group at >> http://groups.google.com/group/coworking?hl=en. >> >> >> -- >> You received this message because you are subscribed to the Google Groups >> "Coworking" group. >> To post to this group, send email to [email protected]. >> To unsubscribe from this group, send email to >> [email protected]. >> For more options, visit this group at >> http://groups.google.com/group/coworking?hl=en. >> > > -- > You received this message because you are subscribed to the Google Groups > "Coworking" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]. > For more options, visit this group at > http://groups.google.com/group/coworking?hl=en. > -- You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
