Last updated 19 days ago
Take a look these links to see how finding the right commercial real estate site can boost employee productivity and improve your bottom line:
Contact Tom Pappas Commercial Real Estate at (303) 217-2607 to receive experienced tenant representation and property management consultation, or visit us online to see how you can receive a complimentary commercial lease review.
Last updated 28 days ago
When most people consider the largest economic sectors, commercial real estate isn’t likely the first thing that comes to mind. This sector generates even more GDP than high-profile sectors like trucking and food and beverage production, however.
In this video, you can learn more about the economic impact of the commercial real estate industry. In 2011 alone, the industry generated a total of $264 billion. That was enough to create more than 2.4 million jobs in professions ranging from engineering and construction to property management and law.
For more information on this crucial industry, contact Tom Pappas Commercial Real Estate. We help businesses find the perfect office spaces to grow and thrive in the Denver economy. To schedule a meeting, call our Greenwood Village office at (303) 217-2607.
Last updated 1 month ago
The short answer is yes, but it can be difficult to justify a greater investment in commercial real estate for intangible benefits. Even so, worker salaries are one of the largest expenses of any business, and even a modest increase in productivity can provide a huge advantage. Take a closer look at how the design and layout of a commercial real estate property affects employee productivity:
It Can Make Employees Happier
In a recent poll from Microsoft, 90 percent of employees linked workspace design to their bottom-line productivity. Whether your workplace focuses on the privacy of cubicles or a more open-ended design, having the square footage to efficiently plan your workplace layout is essential. There have been several scientific studies confirming the correlation of workplace happiness to productivity. For example, data gathered by a survey in The Wall Street Journal shows that happy workers are twice as productive, stay five times longer at their job, are six times more energized, and take significantly less sick leave than disgruntled employees.
It Can Make Employees Healthier
Not only will a poor commercial real estate location reduce productivity, but it can also strain employee health benefits. “Sick building syndrome,” or SBS, is a condition which causes a range of medical problems, including headaches, dry or itchy skin, eye, nose, and throat irritation;, difficulty concentrating, dizziness and nausea, and fatigue. Although studies have linked various cases of SBS to a variety of factors such as volatile organic compounds (VOCs) or indoor/outdoor chemical contamination, there is no specific cause of SBS, which can make it a complex problem to address for large businesses.
Save money on a commercial real estate location by consulting with an experienced tenant representative about your needs. Tom Pappas is an experienced commercial real estate agent based out of Denver, Colorado, with years of experience representing high-profile national and international firms. Call (303) 217-2607 or send an online inquiry for more information.
Last updated 1 month ago
Leadership in in Energy and Environmental Design (LEED) certification is awarded to businesses which make an effort to reduce their environmental impact through sustainable engineering and energy-efficient measures. Reducing energy consumption not only offers several financial benefits, but it can also improve overall employee health and productivity. Read on to see how LEED-certified commercial real estate can help your business with:
Risk Mitigation
An energy-efficient infrastructure can help protect your business’ interests and public image. LEED-certification optimizes your building’s efficiency beyond the code-required minimums, thereby minimizing your business’ ecological impact and reducing the risk of future lawsuits.
Overhead Costs
LEED-certified buildings cost less to operate and maintain. By moving into an LEED-certified commercial real estate building, your business will either save on utility costs directly or have more leverage in negotiating a lower rent. Additionally, data from the USGBC shows that obtaining LEED certification for existing commercial buildings can reduce operating costs by as much as 8.5% and increase building value by 6.8%.
Corporate Image
Going green isn’t practical from a financial standpoint; it also improves your visibility and reputation with both potential clients, especially if they are the “green” industry or are looking for an eco-friendly company to do business with. In fact, a case study in the American Journal of Public Health reported that LEED measures improved employee productivity by 2.6%. LEED certification can also qualify your business for regional and federal government tax credits.
To speak with experienced tenant representative about how your business can save money on a lease for a LEED-certified site, contact Tom Pappas Commercial Real Estate of Denver, CO. We will work to negotiate a competitive leasing offer while protecting your business’ best interests. Call (303) 217-2607 or contact us online to set up a professional consultation.
Last updated 1 month ago
Knowing how to make sense of your commercial leasing agreement can save you thousands of dollars in the long run. Take a look at this video for some helpful tips.
Start early and scout multiple locations. Keeping your options open and allowing yourself enough time to make an informed decision will provide you with more leverage during negotiations. Once you find a suitable location, be sure to professionally double-check the floor space and review your leasing agreement.
These basic tips can help you find a suitable location for your business, but an experienced commercial real estate agent is an invaluable asset in negotiating the best price. Tom Pappas Commercial Real Estate can help you find an excellent commercial property in Denver. Call (303) 217-2607 to learn how Mr. Pappas can help you make sound commercial real estate decisions.
