Kentucky Real Estate Business

Posts Tagged ‘Office’

Article by Coast real-estate

Office Space RI Landing PageWithout overstating the obvious, it’s not an easy time to run a business in America. The past few years have taught everyone from Fortune 500 CEO’s to startup founders how to streamline day-to-day processes, minimize unnecessary losses, and cut costs. And while some measures might be less popular among employees (bring-your-own-toilet-paper week is unlikely to be a crowd pleaser) anyone with half an eye on his bottom line knows that, economic mood of the nation aside, saving money is part of good business.We came up with a few starter guidelines for any company looking to save big—the Do’s and Don’ts of Cutting Costs. It’s not always a friendly world out there, but our list can help you stay on good terms with employees AND customers, all while saving you money.Do: Take after your father. Remember when you were a kid, your dad was obsessed with saving electricity? He’d walk around switching off lights–even if you were in the room–and harass you for leaving the door open a second longer than necessary (“We’re air conditioning the neighborhood!”) Well, it turns out Dad was only half as crazy as you thought he was. Switching off the lights in unused conference rooms and empty offices can save you a bundle on your energy costs, and helps reduce our impact on the environment. Whether you’re watching your carbon footprint or just your electric bill, it pays to be a chip off the old block. Don’t: Take away the free office coffee. Not just a cheap perk and a welcome jolt for regular employees each morning; your office coffee machine supplies the IT geeks with the caffeine they need to survive. No coffee means grumpy geeks, and grumpy geeks mean anything from unexplained server outages to email snafus to terrible, terrible things befalling your hard drive. So keep the geeks in a good mood and everyone else awake—keep the coffee.Do: Streamline your supply chain. Globalization has not been kind to the less-organized among us. Just keeping track of shipments from Mexico, market researchers in India, and the company founder on his round-the-world yacht tour is a full time job. But over time, organic growth can lead some companies to have clunky, gunky, or just plain slow. You might be overpaying for supplies, shipping, or advertising and not even know it. That’s money that could be spent on development, or advertising, or a nice bonus for your indispensible employees. Which brings us to…Don’t: Cut paychecks to save money. Nobody likes getting smaller paycheck at the end of the week, and there’s a good chance that cutting payroll will put everyone in a foul mood. Unless you absolutely have no alternatives, your board should take a bonus cut before your day-to-day staff do.Do: Look into cost-effective office space. Economic development zones are often replete with tax incentives for employers and businesses, and many offices in these areas are as easily accessible as urban locations at a fraction of the rent. In Rhode Island, areas like Cranston, Pawtucket, and Woonsocket are all classified as “enterprise zones,” offering all the benefits of downtown Providence (dining, entertainment, accessibility, and class) without the high price tag.Don’t: Lower your standards to lower your rent. Yes, the cost per square foot of office space is probably cheaper in rural Kentucky or in a converted storefont on Elmwood Ave, but the cost-benefit ratio still doesn’t work out in your favor. Sure, you’ll be paying less, but your clients might not appreciate hiring an armed guard every time they drive over for a meeting. You want to present a professional image to your current and potential customers, and that’s hard to do if your zip code crime statistics would make Lindsay Lohan blush. There’s a happy medium for anyone willing to do a little research and jump at a great deal.

http://goarticles.com/article/68-Cumberland-RI-office-space/3823805/

Given the location of Louisville with its river accessibility, central location and mild climate, it has become a focal point for commerce and industry expansion. The city’s private and public sectors are working together to attract new  commercial developments to its borders, In recent years, it ranked second in the Midwest as the Top 25 Best Cities for Entrepreneurs. The service industry is the biggest contributor to the city’s economic growth most of which are in the tourism sector. The agency behind the development of new and existing businesses is the Greater Louisville Inc. While development has slowed down somewhat over the last two years, not unlike the national and even global trend, Louisville has kept its damages low with an office space vacancy rate of an average 12.4%. To find out how much space you will need check out our floorplan help page.  This is perhaps a good rate if compared to the other cities in the country (especially local markets like Raleigh, Nashville, and Charlotte). Louisville Office space rentals have been fluctuating within the price of .31 per square foot to .11 per square foot – as rates depend on amenities, locations, and if the space is Class A, B, or C.

Louisville History and Local Economy:

Well known for its Kentucky Derby, Louisville, Kentucky with a population of 713,877 is the largest city in the state. The population growth has been steady at 4.26 percent this decade for the city. It is interesting to note that the cost of living in Louisville is almost 20% lower than the national standard. The crime is fairly low at 46 crimes per one thousand residents.  These factors help to keep the demand for Louisville office space consistent, along with local companies renting serviced units, larger business park listings, and virtual offices.  The city is the home of the largest historic preservation that has houses and buildings still maintaining the old Victorian style.   The shipping and cargo industry played a big role in developing the economy of Louisville in the early days. Its shipping industry is still robust with its Worldport, the global air hub for UPS. Louisville is the seventh largest inland port in the United States. The city has also diversified into health care and medical sciences industries, in fact, the first artificial heart transplants were done here. Some large corporations that are based here include: Norton Healthcare, Humana, Brown-Forman Corporation and Yu! Brands (owners of KFC, Pizza Hut and Taco Bell).

Downtown Louisville and Commercial Developments:

Downtown Louisville has seen a shift in its skyline with the construction of Museum Plaza that is said to be 62 storeys high and a new waterfront arena which has a seating capacity of 22,000 people. Downtown is surrounded by the Ohio River in the north, Hancock Street in the east, York and Jacob Streets in the south and 9 th Street in the west. The Central Business District is located here and is divided into five main districts all of which offer beautiful executive suites and temporary office spaces for rent on a short term or long term lease basis.  Some of the tallest buildings in Louisville, KY are the AEGON Center, the National City Tower and the PNC Plaza. There is a prominent glassed skywalk that stretches for six city blocks that link the Kentucky International Convention Center, Fourth Street Live!, Galt House Hotel & Suites, Marriot and the Hyatt Regency. The residential areas are mainly in the southern region of the city.  Overall the city is perfect for any small business that wants to expand into a commercial property or to just take a spot in a small office.  You can search our website to view images and other crucial tenant information.

The city of Cincinnati is a mid-size city in the state of Ohio. It is located alongside the Ohio River and has an estimated population of 333,336 residents in the city center and upwards of 2.1 million people in the greater metropolitan area. The city is considered by most historians to be the first boomtown as expansion grew through the turn of the century, and at the time rivaled any coastal city in terms of size and wealth.
Office Suite Rates:

With so many large companies occupying large amounts of office space, it is no wonder that the area is full of opportunities for entrepreneurs looking to house and develop their businesses in the greater Cincinnati area. However, with the economic hardships that have loomed in recent months, the office suites vacancy rate has hovered around 17% and has been starting to decrease in recent months. A recent survey of office space vacancies yielded results starting at around 0 a month for small offices, and upward 1,000 square feet at .50 a square foot. Many options had amenities including free utilities, and private entries with security, and more.
Office Suites Floor plan:

You need to start thinking about an “office floorplan” and how you want the interior of your executive office space to feel, Having the right office layout is important for many reasons, mainly to ensure your company is efficient.  You don’t want to rent space that you don’t need, and every company is different and has unique needs. Maybe you have a financial or real estate business and need a larger office suite that can handle over 10 employees with a reception area.  Medical offices, lawyers,and professionals need to plan ahead and choose how many square feet they need. Using software to design an office floorplan is a great idea and by planning ahead you can save yourself a lot of money and headaches.
Local Economy:

The economy of Cincinnati relies heavily on major corporations. Some of the biggest companies in the Fortune 500 and Fortune 1000 are located in the area, and it ranks 6th in terms of concentration of large companies in the nation. Some of the companies that call Cincinnati home include, Procter & Gamble, The Kroger Company, Sunny Delight Beverages Company, GE Aviation, Macy’s, Convergy, the United States Playing Card Company, and much more. There are a large amount of white-collar jobs in the area, and despite the numerous industries that are providing opportunities to the general public; the unemployment rate was recently at 10% with a slight shift to a better future.

The main airport servicing the greater Cincinnati area is actually located in Hebron, Kentucky. The Cincinnati/Northern Kentucky International Airport covers 7,000 acres and is a central hub for travel. Like any other major airport, there are millions of travelers that are helped in this moderate size airport. While it is not necessarily as large as some others, it has recently gone through some transformations to the interior, allowing more dining and shopping options for those traveling through the area.
The local collages in the area allow for those looking to finish a degree from a major university, low cost options. There are many higher learning institutes in the area and they include, University of Cincinnati, College of Mt St. Joseph, God’s Bible School & College, Hebrew Union College, Union Institute & University, and many other colleges to help those looking to achieve their educational goals have an easier time.
Crime Rates:

The crime rate of Cincinnati has recently been around 83 per one thousand residents and is one of the higher crime rates in America compared to communities of relative size. While there isn’t quite as much violent crime, property crime has recently been on the rise. It has been noted that the Cincinnati crime rates have seen a concentrated decrease over time, but still has problematic areas. Like with any large, industrialized city, the area has its share of crime, and safer neighborhoods as well.

SLC Office Suites:

Searching for the ideal executive suite or commercial office space to lease that fits your company’s needs can be a long and drawn out process. As the Great Recession has continued to get worse, it’s become a necessity for any business (or individual like an accountant, investment administrator or sales rep, etc) to find the optimum office space. Officespaceheaven.com provides a free service and we have a proven track record to help you succeed with your search for office space in Salt Lake City. The city of Salt Lake City, Utah is the most populated in the state and it is also the state capital. At the city center, the estimated population is 181,698 and ranked the 126th largest city in the United States. The metropolitan area reaches upwards of 1,115,692 and has been gaining a lot of interest from many different people as a good place to live and work. The city was founded in 1847 by a group of Mormon travelers looking for religious freedom. With its strong history of Mormonism, it is no wonder that Mormons account for 50% of the greater population of Salt Lake City. Areas within the Salt Lake local area that we service are Bountiful, Capital Hill, Cottonwood Heights, Draper, Garland, Sandy and Provo. We also have office spaces for rent in Las Vegas, Phoenix, Denver, and Boise.

Office Space Rates:

The employment in the Salt late City area offers a range of options from all different types of industry. The unemployment rate is also at a low 4.8% despite the economic downturn. Salt Lake City has a great amount of paths to move forward with a career. However, there is also a vast amount of opportunity for those looking to start, grow and develop a business. For those looking for office space and commercial real estate development, you’ll find that opportunities and vacancies start around a square foot to less than ½ of that for 1,000 square feet. Rental rates can be negotiated especially in these tough times. When shopping around, many will find office space in Salt Lake City to be very affordable. There also many different types spaces available. Office space in Salt Lake City include those of retail, executive suites, warehouse and wholesale developments, full service offices and furnished suites. These types of space coupled with aggressive business plans create investment opportunities for all walks of life. Research more about the local office space market (availability and pricing) in our office space articles section.

Salt Lake Economy:

The economy of Salt Lake City is mainly service oriented in modern times but in previous years was a great mining community. Modern industry has created a larger sense of opportunities for those looking to further their career path. There are several major companies that call Salt Lake City home including Delta Airlines, the LDS Church, Sinclair Oil Corporation, Overstock.com, Arctic Circle Restaurants, Kentucky Fried Chicken and more. The service industry, health care and others also have deep roots in the greater Salt Lake City area.
There are many colleges to learn from and be challenged at in the Salt Lake area. The colleges that call the greater Salt Lake City area home include LDS Business College, Westminister College, The University of Utah, Stevens-Henager College and other regional and state colleges to take advantage of. You don’t have to have a religious background to take part of these educational options.

Salt Lake Culture:

The Salt Lake City area is home of many sports clubs and franchises supported by some of the most die hard fans in sports today. You can enjoy championship level sports by supporting teams such as the Utah Jazz, MLS Soccer Club Real Salt Lake and many others. So if you are on the search for office space in Salt Lake City then please visit our website. We have a page dedicated to commercial office space in Salt Lake and we offer a free service. We even search and find the commercial office that you company needs.

SLC Office Suites:

Searching for the ideal executive suite or commercial office space to lease that fits your company’s needs can be a long and drawn out process. As the Great Recession has continued to get worse, it’s become a necessity for any business (or individual like an accountant, investment administrator or sales rep, etc) to find the optimum office space. Officespaceheaven.com provides a free service and we have a proven track record to help you succeed with your search for office space in Salt Lake City. The city of Salt Lake City, Utah is the most populated in the state and it is also the state capital. At the city center, the estimated population is 181,698 and ranked the 126th largest city in the United States. The metropolitan area reaches upwards of 1,115,692 and has been gaining a lot of interest from many different people as a good place to live and work. The city was founded in 1847 by a group of Mormon travelers looking for religious freedom. With its strong history of Mormonism, it is no wonder that Mormons account for 50% of the greater population of Salt Lake City. Areas within the Salt Lake local area that we service are Bountiful, Capital Hill, Cottonwood Heights, Draper, Garland, Sandy and Provo. We also have office spaces for rent in Las Vegas, Phoenix, Denver, and Boise.

Office Space Rates:

The employment in the Salt late City area offers a range of options from all different types of industry. The unemployment rate is also at a low 4.8% despite the economic downturn. Salt Lake City has a great amount of paths to move forward with a career. However, there is also a vast amount of opportunity for those looking to start, grow and develop a business. For those looking for office space and commercial real estate development, you’ll find that opportunities and vacancies start around $1 a square foot to less than ½ of that for 1,000 square feet. Rental rates can be negotiated especially in these tough times. When shopping around, many will find office space in Salt Lake City to be very affordable. There also many different types spaces available. Office space in Salt Lake City include those of retail, executive suites, warehouse and wholesale developments, full service offices and furnished suites. These types of space coupled with aggressive business plans create investment opportunities for all walks of life. Research more about the local office space market (availability and pricing) in our office space articles section.

Salt Lake Economy:

The economy of Salt Lake City is mainly service oriented in modern times but in previous years was a great mining community. Modern industry has created a larger sense of opportunities for those looking to further their career path. There are several major companies that call Salt Lake City home including Delta Airlines, the LDS Church, Sinclair Oil Corporation, Overstock.com, Arctic Circle Restaurants, Kentucky Fried Chicken and more. The service industry, health care and others also have deep roots in the greater Salt Lake City area. There are many colleges to learn from and be challenged at in the Salt Lake area. The colleges that call the greater Salt Lake City area home include LDS Business College, Westminister College, The University of Utah, Stevens-Henager College and other regional and state colleges to take advantage of. You don’t have to have a religious background to take part of these educational options.

Salt Lake Culture:

The Salt Lake City area is home of many sports clubs and franchises supported by some of the most die hard fans in sports today. You can enjoy championship level sports by supporting teams such as the Utah Jazz, MLS Soccer Club Real Salt Lake and many others. So if you are on the search for office space in Salt Lake City then please visit our website. We have a page dedicated to commercial office space in Salt Lake and we offer a free service. We even search and find the commercial office that you company needs.