Fit-up cost to tenant Neighbors Commute Rent Heating/cooling Term Total square footage Parking Flexible for growth? Agent/broker fees Internet/phone/IT requirements Natural light/views Insurance mandatory and optional Additional rent/fees/utilities Floor number Fit-up needed estimate Zoning/use/permits On-site storage Lake Point Property Management,by Yana Walder, Lake Point Property Management Moving your office operations into a new space will most likely be exciting and stressful. To avoid it being mostly the latter, read on for seven insights on leasing a professional office space in Vermont. It can take a small to midsize company three to six months to secure a lease for a new office. There is no standard commercial lease deal; each tenant, property owner, and building is unique. It is helpful to understand how they fit together.Before you set out to find your new ‘just right’ office space, consider the workflow of the space your company currently occupies. Does the size, budget, location, and fit up work for you? What doesn’t work? Are you growing, downsizing or running steady? Do you require privacy and confidentiality or do you bank on interaction and creativity by leasing in a shared space?1. Budget the right amount of spaceYou may already have a pretty good idea how much space you need, but we usually see about 500 square feet for every 2 to 3 employees.2. Consider the travelHave realistic expectations about how well the location will work. Consider picking a central location that works for most employees and clients. But also, consider the location of your bank, your satellite offices, and where your biggest customers and clients are. Does the location seem easy to find? How is the parking?3. Make the lease term reflect your business planIf you are still growing, you may want to lease for a shorter period of time. If you are going steady, then 3 years is a solid commercial lease term. The best kept secret of all is that the longer you sign on to be a tenant for, the more willing the owner is to negotiate the rent.4. Ask for a recommendationIf you would like to work with a broker or an agent, ask someone you trust for a recommendation. Look for a person who understands Vermont and knows commercial property. Things to look for are responsiveness and emphasis on building a relationship. You want someone who will follow up on the searches and inquiries and who will maintain a professional relationship with you long after the lease is signed.5. Set you budgetMany companies settle on a specific budget, but it helps to understand whether it is more important to have lower rent or greater space improvements and fit up. You know what your absolute top budget is. Consider the features you would pay more for and where you have room for compromise.6. Know your deal breakersSharing a bathroom with 20 chatty beauty salon students? No sunlight in your office? Metered parking? Whatever it is that you absolutely cannot live with, or without, make sure that your essential space needs are met.7. Most importantly consider your quality of lifePeople live in Vermont because it offers abundant outdoor, social and dining activities. Vermont is beer geek, cheese lover and skier paradise; ask yourself, does this space with all of its unique perks above make you excited to move your whole office? Yes? Good! Here is a handy checklist for you to utilize while searching for the perfect home for your Vermont [email protected](link sends e-mail) 802-595-9932. BurlingtonCHOOSING THE RIGHT OFFICE SPACE: A CHECKLISTAddress Security deposit Location/Visibility Accessibility
Dairy Queen in western Shawnee is nearing completion. Franchise owner Abdul Qudus expects to open the restaurant at 22520 Midland Drive by January.Rain and snow has delayed construction on the new Dairy Queen in western Shawnee, but company staff is hopeful the restaurant will open by the first of the year.The Dairy Queen is nearly complete at 22520 Midland Drive, next to Wendy’s and across Shawnee Mission Parkway from Monticello Library.“We’re doing everything we can to open before the end of the year; however, weather and construction issues are not cooperating, so we might end up opening early January,” said Aicha Bascaro, vice president of operations for Fast N Friendly Stores, the Dairy Queen franchisee over locations in Shawnee.Franchise owner Abdul Qudus is still hiring for six positions on a staff of 30 for the new location in western Shawnee.Bascaro said she and Qudus think having a Dairy Queen in the area is a “great add-on to the community.”“The neighborhood environment, the amazing growth that is happening there in the area, all those things make it a great location for Dairy Queen,” Bascaro said. “Dairy Queen as a brand has been around for a long time, and so we have people that are older that love are brand and have great, fond memories of their childhood. And there are so many family-friendly neighborhoods nearby; of course, the kids love our product.”Bascaro added that the location near the library is also a bonus because the company wants to attract library patrons.The Dairy Queen in western Shawnee will be Qudus’s fourth location opening in Johnson County. Qudus and Bascaro are already planning to find a fifth location as well.“We’re definitely looking to continue growth, and when we open will depend on when we find the right location,” Bascaro said. “Finding the right location is always a challenge, so we’re looking.”His other most recent Dairy Queen store opening is at 8601 W. 137th St. in Overland Park earlier this year.
BAM Clough joint venture said it has completed the design and construction of the Product Loading Jetty for the INPEX-operated Ichthys LNG project. The jetty forms part of the onshore LNG facilities being developed in Darwin, Australia, the company said in a statement.The project comprised two separate vessel load-out berths, one for LNG and a second for LPG/Condensate. A Y-shaped approach jetty consisting of a 680-metres leg connecting to the LNG berth and a second 630-metres leg, connecting to the LPG/Condensate berth, provides access from the onshore facility.Last year BAM Clough completed the Module Offloading Facility for the Ichthys LNG project.[mappress mapid=”17207″]