sundancecompany

Wall Street Journal: Commercial Market is Dealing

A recent article by the Wall Street Journal discusses how commercial real-estate brokerages and related companies are attracting merger and acquisition partners as the commercial-property market rebounds.

Please click below to read the rest of the story.

http://online.wsj.com/article/SB10001424052748703643104576291452170232740.html?mod=googlenews_wsj

About The Sundance Company

Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in Boise, Meridian, Nampa, and the greater Treasure Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations. More information is available at www.sundanceco.com or 208.322.7300.

April 26, 2011April 5, 2011 sundancecompany commercial real estate, Commercial real estate news, office productivity, The Sundance Company

Improving Productivity with Hand Sanitizers?

Every year, companies across the country lose more than 63 billion dollars of productivity due to employee sickness. Work illnesses contribute to lost output, reduced worker efficiency, and man power shortfalls that account for the majority of the money lost due to worker illness and injury.

Throughout the fiscal year, workers on average take 8 annual sick days. Once regarded as a simple “cost of doing business” scenario, companies now have an option to fight unforeseen and avoidable staff sick time which ultimately drains the organization’s bottom line. This highly effective tool for fighting illness and keeping office productivity high is hand sanitizer. Surprisingly, merely installing and using a hand sanitizer dispenser on site can help save an organization billions of dollars a year.

By simply installing dispensers and enforcing a company policy on their use, the office can stay healthier and more productive throughout the year. A hand sanitizer dispenser at the entrance of the cafeteria, conference rooms, and any other high-traffic common area will help stop the spread of germs. Something as simple as a rinse free, nonalcoholic gel or foam can stop illnesses from spreading through an innocent handshake or cough.

Convenience is king when it comes to an effective office policy. Mounting a clearly visible and easily accessible hand sanitizer dispenser on the wall next to all main entrances and outside of bathrooms will help employees remember to use them often. Workers will quickly become accustomed to accessing a quick shot of hand sanitizer as they function throughout the day in various parts of the office. This practice will ultimately help prevent them from becoming infected with any sickness as well as help prohibit them from passing germs on to colleagues.

Communicable illnesses force companies to forfeit copious amounts of productivity annually. Due to the strain of the current economic climate, people tend to return to work before obtaining a completely clean bill of health, thus perpetrating a germ’s continuing lifecycle by passing it on to unsuspecting coworkers. Each cold working its way through the staff ranks makes it easy to recognize its effect on overall output.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in Boise, Meridian, Nampa, and the greater Treasure Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise and Meridian locations. More information is available at www.sundanceco.com or 208.322.7300.

April 19, 2011April 5, 2011 sundancecompany Boise Commercial Real Estate, Boise Commercial Real Estate Development, boise valley commercial real estate, Meridian Commercial Real Estate, meridian idaho, The Sundance Company

Why Does The Sundance Company Close More Deals?

The Sundance Company success comes from the fact that we truly care about your success as well. We pride ourselves on the quality of our portfolio, the depth of our management team and, most of all, our dedication to our customers. We also have the top commercial real estate professionals in the Boise Valley employed at The Sundance Company, and they are extremely creative individuals and exceptional communicators. No matter the level of adversity, they evaluate their environment and industry conditions, then, they figure out a way to get space leased and effectively meet your business needs.

Sometimes expectations between tenants and property owners are so disparate, that there is no solution. However, generally there is little complexity in leasing commercial space, as long as the parties negotiating fully understand the deal and recognize their mutual goals have been bridged. The truly remarkable thing is how the professionals at The Sundance Company have bridged the needs of the parties and effectively communicated the financial engineering behind it designed to meet the needs of each party. This is one reason why our commercial real estate professionals close more deals.

April 12, 2011April 5, 2011 sundancecompany Boise Commercial Real Estate, Boise Commercial Real Estate Development, Meridian Commercial Real Estate, meridian idaho, Silverstone Corporate Center, The Sundance Company

Boise Valley Commercial Real Estate for Lease – SilverStone Corporate Center

A quarter mile from Interstate 84 at the Eagle Interchange, SilverStone Corporate Center is a 90-acre master planned employment center centrally located in Southern Idaho’s Treasure Valley. With over 1 million square feet of tenant amenities within minutes of Silverstone Park, the center is an efficient three level floor plan, accommodating office users from 1,500 to 90,000 square feet. Silverstone also features a professional onsite business concierge available – www.silverstoneamenitycenter.com – to assist with all of your business planning and state-of-the-art meeting facilities designed to provide your business with everything you need to keep your company productive.

If the SilverStone Corporate Center does not fit your needs, then please check out The Sundance Company website to view property photos, search for space, or learn more about Sundance’s start-to-finish capabilities. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise Valley locations.

Silverstone Corporate Center
3405 E. Overland Road
Meridian, ID 83642

Building Size: 120,792 square feet; does not include 4,004 square foot drive-thru
Site Area: 6,196 acres
Zoning: CC
Year Built: 2009
Number of Floors: Three
Parking: 4.5/ 1,000 usable square feet (partial covered parking and walkways)
Construction: Steel super structure with steel stud framing
Exterior: Granite exterior panel system with gold reflected window system
Roof: Single ply EDPM membrane roofing system
Floor Construction: Ground Floor – 4” reinforced concrete slab
2nd & 3rd Floors – 3 1/2” to 5” of concrete over corrugated steel pan
HVAC: Ten (10) RTU’s with a VAV individual zoned system
Ceiling: Lay-in acoustic ceiling panels in 2’x4’ T-bar ceiling grid and indirect and recessed lighting
Elevator: Two (2) general purpose, 2,100 lbs capacity, 100 feet/minute
Ceiling Height: Minimum of 10’ in office areas
Restrooms: Two restroom cores per floor; located near each elevator core
Life Safety: Wet pipe fire protection system with alarm valves with Fire Department connection
Access: Keyless card entry with electronic door monitoring
Miscellaneous: A landmark building located at Silverstone Park, with unprecedented combination of accessible location, luxurious finishes and unusually distinctive amenities.

April 5, 2011April 12, 2011 sundancecompany commercial real estate, Commercial real estate news, The Sundance Company

Globe St: Commercial Real Estate Recovery on Track

A recent article on Globest.com discusses how the nation’s commercial real estate market is back on track.

Despite the fits and starts and multiple global and domestic headwinds addressed in recent blogs, the economic recovery should continue this year and hopefully gain more momentum as bad news abates. A similar pattern exists for recovery of the nation’s commercial real estate market, only with different lag and lead times by property type.

Please click here to read the rest of the story …

http://www.globest.com/blogs/streetsmart/-308429-1.html

March 26, 2011April 12, 2011 sundancecompany Boise Commercial Real Estate, boise valley commercial real estate, Meridian Commercial Real Estate, The Sundance Company

How Important Is Infrastructure?

Keeping up on computer and telecommunications technology seems a full-time job these days. Jargon aside, how important is the ability to access the latest and greatest technology when deciding on my company´s next office space?

First, let´s define technological capacity as infrastructure. And yes, you should pay close attention to technological infrastructure elements such as wiring, cabling and bandwidth capabilities within a prospective office building. The quality of a building´s infrastructure determines your ability to tap into the rapidly changing technology that´s increasingly important to modern companies.

Generally, newer buildings have been “wired” for every need. Before you lease space in an older office building, make certain that the wiring has been upgraded to handle modern technology.

Pay extra attention to the technology infrastructure when checking out buildings that weren´t originally intended for office use. Lofts, converted retail space and other “adaptive reuse” spaces often-present special problems from a technology standpoint.

March 19, 2011April 12, 2011 sundancecompany boise valley commercial real estate, commercial real estate, The Sundance Company

Signs That It Is Time To Move Your Business

As a successful small business owner, you may soon find yourself in the enviable position of outgrowing your current office space. Staying put in a cramped office is not a solution. A smart business owner knows when it’s time to trade up and move somewhere with more breathing room.

Here are 10 surefire signs that it’s time to move or expand your office:

1. People are sitting on top of one another. Face it: your employees need their space, especially if being on the telephone all day is part of their job. Nobody wants to listen to every conversation his or her neighbor makes, which can be very distracting while trying to do other work.

2. The break room is “standing room only.” If your on-site lunchroom or break room is always full, employees may start going elsewhere for their breaks, which can mean extended lunch hours. Remember that happy employees are productive employees, so don’t scrimp when it comes to providing them with adequate space in which to recharge.

3. Workstations are cramped. If your employees practically have their computers sitting on their laps (and they’re not laptops), it’s time for roomier office space. People need to feel physically comfortable to do their jobs effectively.

4. The conference room is now an office. Stashing a few employees in the conference room is a convenient, short-term solution to office overcrowding. But it’s also a red flag for any business owner, indicating that it’s time for a more permanent solution to your space issues.

5. The mailroom is swamped. Don’t waste time and energy trying to operate with a mailroom that has long outgrown its capacity to service your office. If your mailroom is becoming a bottleneck due to overcrowding, it’s time for a bigger one.

6. Filing cabinets are overflowing. Yes, it’s important to save paperwork. But if your filing cabinet doors won’t shut because of the amount of papers and records crammed into them, your office is getting too big for its britches.

7. There’s high employee turnover. While a steady exodus of staff can be indicative of a number of problems, it may also be your wake-up call, telling you that your office is not a comfortable place in which to work.

8. The hallway is the new storage closet. Besides being a fire hazard, using the hallways as storage takes away the professional appearance of your office. If you let the physical space spiral into cluttered chaos, that can reflect upon your employees’ work, which may become messy and unfinished.

9. Parking has become a challenge. If you’re starting to overhear complaints about the difficulty employees have in finding an available space in the parking lot, it may another sign to look for new digs.

10. Your business has increasing needs. More employees, new equipment, and other resources may be necessary to meet the increased demand of your business. If space limitations are preventing you from adding such necessary resources, you may be limiting the potential growth of your business.

March 12, 2011April 12, 2011 sundancecompany Boise Commercial Real Estate, Boise Commercial Real Estate Development, Boise Industrial Space, Boise Office Space, Boise Property Management, Boise Retail Space, boise valley commercial real estate, Meridian Commercial Real Estate, meridian idaho, Meridian Industrial Space, Meridian Office Space, Meridian Retail Space, The Sundance Company

Boise Valley Commercial Real Estate for Lease – SilverStone Business Campus: Garnet Place

Located in the Silverstone Business Campus, an 180-acre business park at South Eagle and East Overland Roads in Meridian, Idaho, Garnet Place is a 12,600 square feet Class A commercial real estate building that can accommodate office, flex, and warehouse clients in the Boise Valley. The desirable location features modern steel-frame building with stone and glass exterior, excellent parking ration, and an approximate traffic count of 14,000 cars daily. Garnet Place e is situated less than one mile south of Interstate 84 Interchange and St. Luke’s Regional Medical Center, and there are more than three million square feet of services and amenities within a one and a half mile radius.

If Garnet Place at the SilverStone Business Campus does fit your needs, then please check out The Sundance Company website to view property photos, search for space, or learn more about Sundance’s start-to-finish capabilities. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise Valley locations.

Garnet Place – SilverStone Business Campus
2365 S. Cobalt Way
Meridian, ID 83642

Site Area: 1.06 acres
Zoning: C-C
Stories: One
Project Size: 12,546 square feet
Construction: Reinforced concrete tilt-up with 6-inch square steel columns
Year Built: 2005
Roof: Single ply EDPM roofing system on 2 layers of 1 1⁄2 polyiso board on metal decking and bar joists framing system with vapor barrier
Ceiling Clear Height: 10 feet in office areas, 18 feet in flex areas
Floor Construction: 4” reinforced concrete slab over 18” compacted base
Ceiling: Lay-in acoustic ceiling panels in 2’x4’ T-bar ceiling grid with indirect and recessed lighting
HVAC: 5-ton gas-fired carrier rooftop units. 100,000 BTU; 2,000 CFM
Parking: 55 spaces
Restrooms: Shared or private tenant restrooms throughout
Life Safety: Wet pipe fire protection system with alarm valves with Fire Department Connection Miscellaneous: Tenants have individual exterior entrances to their suites. There is extensive perimeter and site landscaping; distinctive entry portals at signaled intersections on Eagle Road as well as on Overland Road; consistent architecture throughout the park.

March 6, 2011 sundancecompany Boise Commercial Real Estate, boise valley commercial real estate, Economy news, The Sundance Company

Ten Signs The Economy Is On The Upswing

As winter still has its clutches on a majority of the country, a little good news from the economic front might help you forgot that you have to scrape ice off the windshield tomorrow for at least a few minutes. And who would have guessed that men’s underwear would be one of the top indicators.

Please click here to read the rest of the story …

http://finance.yahoo.com/banking-budgeting/article/112150/signs-economy-is-on-the-upswing

February 25, 2011February 2, 2011 sundancecompany Boise Commercial Real Estate, Boise Commercial Real Estate Development, Boise Industrial Space, Boise Office Space, Boise Property Management, Boise Retail Space, boise valley commercial real estate, The Sundance Company

Planning Your Company’s Future Move

Knowing how many people you employ now helps you estimate how much space you need today to operate your business comfortably, but building in your anticipated growth helps you expand your business without costly interruptions. As a company grows in size, relocation becomes a very large and complex undertaking, requiring input and coordination of construction, IT, finance, furniture vendors, engineering, and other teams and personnel. By waiting too long to start the process, a company could be limiting its options, rental rates could be higher, and the number of spaces available might be limited.

So if you currently employ 10 people therefore you can estimate you need approximately 2,500 square feet of office space today. (250 SF per person X 10 people= 2,500 SF). But, you expect to add 2 new employees each year and you want to sign a three-year lease. Do you need an additional 1,500 square feet today to accommodate your growth plans? Not necessarily. You need to determine what type of employees you will be adding. If they are senior executives that need private offices then, you will need to add closer to 1,800 square feet, (300 SF X 6 executives= 1,800 SF). But, if they are clerical support staff that will operate in a “bull pen” or open space plan then the need may be as low as 900 square feet, (150 SF x 6 employees = 900 SF) Spending time now estimating your employee growth plans could save you a significant amount of money in the future. Moving your offices mid-lease because you do not have enough space to add necessary staff can be much more expensive than building in your expected growth needs before you sign the lease.

The below table is a general guideline for how much time you should spend looking for new space for your company.

Space Size in SF	Time Table
1,000 – 5,000	3-6 Months
5,001 – 10,000	4-9 Months
10,001 – 20,000	6-10 Months
20,001 – 50,000	8-15 Months
50,001 – 100,000	15-24 Months
100,001 +	24+ Months

The Sundance Company knows that finding the right leasing space for your business can be a complicated process, and that is why we are here to help your company find the ideal commercial real estate space in the Boise Valley. Call us at 208-322-7300 or check out The Sundance Company website to view property photos, search for office space or learn more about Sundance’s start-to-finish capabilities. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime Boise Valley locations.