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Grex > Coop8 > #32: The Grex's Landlords item | |
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| Author |
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| 25 new of 269 responses total. |
adbarr
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response 200 of 269:
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May 28 01:03 UTC 1996 |
What, share, cooperate, build, create, enhance? Are you nuts? No way.
The root hairs down here are tasty. The "photon-theory" has not been proved
and my best friends are large birds (whatever those are) that extend their
brain-cases into this dimension.
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dpc
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response 201 of 269:
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May 31 23:18 UTC 1996 |
Yes, I think there are economies of scale here.
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rickyb
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response 202 of 269:
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Jun 2 21:10 UTC 1996 |
Here's two from todays AA Snooze: (sorry if they're repeats)
"MUST RENT! 3500 sq ft in 3 small office blocks. We will sublease all or
partial. Located on N.E. Plymouth rd corridor, Ann Arbor. Available
immediately! Call 741-0640, ext 240 to make appointment."
Studio/Office
Downtown Ann Arbor, $175/mo and up. Free utilities and parking. 994-8791.
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brighn
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response 203 of 269:
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Jun 2 22:07 UTC 1996 |
sublets are usually temporary, neh?
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srw
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response 204 of 269:
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Jun 2 23:18 UTC 1996 |
Not always
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adbarr
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response 205 of 269:
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Jun 3 00:57 UTC 1996 |
No reason a sub-tenant cannot talk to the landlord as well as the tenant
to negotiate favorable terms. Probably should.
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rickyb
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response 206 of 269:
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Jun 4 13:53 UTC 1996 |
Sub-lease in the commercial market is not usually temporary (as with a summer
sub-let of an apartment), it means the landlord is willing to _sub-divide_
the rentable space so one tenant is not required to take on the entire space.
It _could_ include one tenant having control of the entire space with the
landlord allowing, even assisting with, sub-leasing of the un-needed space.
This allows the primary tenant to have the ability to expand as needs dictate.
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rickyb
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response 207 of 269:
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Jun 4 14:14 UTC 1996 |
Actually, while we've keyed-in on the "will sub-lease" phrase, I think the
most important words in that ad are "MUST RENT", and "available immediately".
This is a rather motivated landlord.
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janc
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response 208 of 269:
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Jun 4 16:16 UTC 1996 |
Our needs are less immediate, but I think the sense of the board was that
these things should be pursued. However, I don't think anyone was designated
(or volunteered) to pursue them.
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brighn
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response 209 of 269:
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Jun 4 16:20 UTC 1996 |
I was just making sur, Ricky, that Grex wouldn't go through the work
of moving the system just to loose the lease in two months. You've
assuaged taht fear.
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rickyb
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response 210 of 269:
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Jun 4 17:19 UTC 1996 |
I also realize that this is not an immediate necessity (for grex to move),
but a more long-range plan. The "available immediately" in the ad above just
tells me this person can be bargained with. After all, if it's not rented
in the next few weeks, it could remain vacant for a long time. I've seen
office space remain vacant with signs in the windows for10-14 months around
town, some longer. In some cases, the landlords must be holding out for their
best deal. In others, they just don't have any prospects and might welcome
a compromise to get almost any tenant in the place (and cut the losses).
I'm scanning the paper each week for my own purposes, so I have no problem
bringing these options to light here. I'd even be willing to work _with
someone else_ to check out any site that looks interesting to grex. I have
some experience negotiating these things, and I have a good feel for the
"basic" elements in these leases, as well as some of the traps put in to
protect the landlord at the expense of the tenant. I am, however, reluctant
to become an "agent of grex" for these purposes. I just want to help out as
much as I can. Decisions, and actually taking actions on options is up to
you folks. If anyone has checked into a site, and would like me to go over
it with them before bringing it here, just let me know.
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popcorn
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response 211 of 269:
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Jun 6 06:01 UTC 1996 |
The phrase "MUST RENT" makes me think the landlord needs cash fast. Grex
isn't much of a source of cash, so I dunno how much of an attractive tenant
we would be.
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srw
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response 212 of 269:
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Jun 6 06:31 UTC 1996 |
To me "Must rent" means "must not remain vacant". Usually the landlord in this
situation will bargain, at least a bit.
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rickyb
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response 213 of 269:
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Jun 7 15:23 UTC 1996 |
That was my point steve. From the landlords point of view, half a loaf is
better than no loaf at all. Could never hurt to ask.
(I'd think for this one, wait till this Sunday and see if his ad is still
running. If so, he's that much more desperate. If not, call anyway. Perhaps
he just can't even afford to keep the ad running for a vacant office.)
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arthurp
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response 214 of 269:
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Jun 8 02:37 UTC 1996 |
But half a loaf is liable to get tossed when a whole loaf comes along. If
we can't sign for a couple years at least, it isn't worth the cost of the
move. :(
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rickyb
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response 215 of 269:
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Jun 8 04:15 UTC 1996 |
#214: For commercial space, a standard lease is for five years with an option
to re-new (usually another five years). Some do 3yrs with a 3 yr
option, or 5yrs with a 3yr option, etc. It all depends on what you
can negotiate. In any event, commercial space is not usually let for
one year increments.
Of course, steady rent increases will be stipulated in the lease.
These are almost always very reasonable increases, and knowing the
amount of increase over the next five to ten years makes it easier to
do long-range planning to meet the additional expense.
Right now I can see Grex is paying a little over $100 per month for rent and
electric. Just a little more for a commercial space that includes utilities
might be quite do-able, and much more comfortable for all (including the
hardware, heh).
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nephi
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response 216 of 269:
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Jun 8 06:43 UTC 1996 |
If we are paying $100 per month in rent and utilities, then I think it would
*really* be in our best interests to get the office that was advertised for
$125 ($150?) that had utilities (and parking 8^) included.
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robh
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response 217 of 269:
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Jun 8 11:20 UTC 1996 |
Yes, but how happy is our new landlord going to be when he/she
realizes what our utilities bills look like? And realizes that
we knew they were going to be this high before we moved in,
but didn't mention it?
Sure, it would probably be legal, but it's not nice, and we
already know what the effects of a disgruntled landlord can be.
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carson
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response 218 of 269:
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Jun 8 13:33 UTC 1996 |
easy enough. discuss the potential costs of utilities upfront.
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nephi
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response 219 of 269:
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Jun 8 20:05 UTC 1996 |
I agree. Tell them that we have lots of computer equipment, and that it will
potentially use a lot of electricity. See what they have to say. (And get
a *long* lease in writing. 8^)
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jor
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response 220 of 269:
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Jun 8 20:16 UTC 1996 |
UMCC is also having extended discussions about relocating.
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adbarr
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response 221 of 269:
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Jun 9 00:38 UTC 1996 |
ICAN might have *free* space available. Anyone interested? Might be
at WCC. I don't know the particulars. You got the brains, they got
the buildings. What the heck! Should this be pursued? It might mean,
somehow, working with other groups to share your abilities. Could
be worse.
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nephi
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response 222 of 269:
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Jun 9 06:14 UTC 1996 |
(Free . . . much cheaper than $125 . . . Grex has many staffers [and other
quite knowledgeable people] who would [I'm guessing] happily share the
knowledge they are so fortunate to have . . . if this is something that folks
here would be willing to do anyway, accepting free [accessible?] space seems
like a good trade indeed!)
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gregc
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response 223 of 269:
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Jun 9 09:02 UTC 1996 |
Nephi, please don't go volunteering my time, or other staffer's time, without
consulting us first. I, for one, do not have the time to volunteer to other
organizations.
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nephi
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response 224 of 269:
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Jun 9 15:21 UTC 1996 |
Greg, when have I ever volunteered someone else's time? I made an assertion
that we have lots of folks here who like to teach, or share their knowledge,
with folks. If that assertion is false, then my conclusion will be false,
but I'm pretty sure that the assertion is true, and the only person who can
volunteer his or her time is that individual person (or persons). I'm sure
that whoever does it, though, will feel pretty good about not only helping
others to understand the Internet, but about saving Grex an astounding $125
per month (for probably just a couple of hours of "work" per month).
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