Keeping Control of the Office Thermostat

When winter in full swing around most of the country you might find your office struggling to keep temperature at an acceptable level for all of the employees. So, if you are a tenant in a building struggling to warm up or cool down, here is some information that may be helpful.
Put a thermometer in the hottest or coldest space so you can track the temperature and its fluctuation. Track it for a few days, ideally in sunny and cloudy weather, so you will have the information if you need to discuss the problem with a property manager. You may need more than one thermometer. You may also find out that it is not as bad as you think. Sometimes, an employee can be overly sensitive to either heat or cold, and you may just need to address the issue within your own space by providing a small fan or a small personal heater at a specific desk. Remember, spring and fall are usually the most difficult times as day-to-day temperatures fluctuate greatly and it is sometimes hard to keep up with the rapidly changing conditions.

Do what you can to control your own destiny. Sometimes you can do some things to control the temperature within your space. First and foremost, stop messing with the thermostat (or keep your employees from doing it) Set and forget it! Constantly adjusting it up and down does not help the situation as it takes a while for a change in the setting to distribute through the entire space so it is felt by the cold or hot employee. I have frequently seen someone crank up a thermostat to 85 degrees when they are cold, operating on the false assumption that setting the temperature higher that the desirable 72 will make it warm up faster. Not true! It will hit the target 72 at the same time; however, it will then zoom past it requiring the thermostat to be reset lower setting up a yo-yo of hot and cold all day. Get an inexpensive locking cover for the thermostat and avoid the conflict. Window treatments can be opened or closed depending on sun load, heat generating office equipment and lights can be turned off when not in use, doors to private offices and conference rooms can be left open to keep the air circulating, and most importantly, dress for the environment. After all, a sweater is perhaps the most cost effective form of temperature control! And, if you pay for your own utilities, taking control of your HVAC can save you money too!

Boise Commercial Real Estate For Lease – Fairview Tech Center

The Sundance Company is pleased to offer space at the Fairview Tech Center for lease. Centrally located on Fairview Avenue between Milwaukee and Maple Grove Roads in Boise, Fairview Tech Center is a modern office space that features extensive glass, grand entries and tilt-up construction. The parking is generous, and the concrete tilt-up building was renovated in 2003.

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 right commercial real estate space in the Boise Valley. If the Fairview Tech Center is not your ideal office space, please 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.

Fairview Tech Center
8740 Fairview Ave.
Boise, Idaho 83706

Site Area: Approximately 4.98 acres (216,855 square feet)
Size: 29,079 square feet of divisible warehouse area available
Doors: Dock high doors; qty 3. Drive in doors; qty 4. Man doors; qty 5
Accessibility: Excellent ingress/egress for trucks and semis.
Rental Rate: NNN Rental Rates @ $.30 / .33 / .35 per sq. ft.
Year Built: 1991
Year Redesigned: 2003
Ceiling Height: 28’
Existing Build Out: Site has 5 offices, break room, and restrooms
Fire System: Reliable automatic sprinkler system with Cerberrus fire alarm control panel.
Racking System: Free standing racking systems w/ sprinklers
Floor Load Capacity: 5-inch concrete slab at 3,000 P.S.I.
Parking: 237 stalls with an additional 80 shared.
Structure: Concrete tilt-up.

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.

 

Commercial Real Estate News: Markets Stabilizing

A recent article from NAR (National Association of REALTORS®) discusses what 2011 looks like for commercial real estate markets.

Lawrence Yun, NAR chief economist, said commercial real estate sectors appear to be stabilizing. “The basic fundamental of rising commercial leasing demand, resulting from a steadily improving economy, means overall vacancy rates have already peaked or will soon top out,” he said. “The outlook for the office and industrial markets has moderated with modestly declining vacancy rates expected as 2011 progresses, while the retail sector should hold fairly steady. Still, high vacancy rates imply falling rents.”

Yun anticipates a rise in household formation from an improving economy, which will increase demand for housing, both ownership and rental. “Multifamily housing is the one commercial sector that has held on relatively well in the past year, and can expect the best performance in 2011,” he added.

“Apartment rents could rise by 1 to 2 percent in 2011, after having fallen in 2009 and no growth in 2010,” Yun said. “This rent rise therefore could start to force up broader consumer prices as well.” He noted that the housing shelter cost of primary rent, and owner’s rental equivalence, is the biggest component in the Consumer Price Index, accounting for 32 percent of its total weight.

The Society of Industrial and Office Realtors®, in its SIOR Commercial Real Estate Index, an attitudinal survey of more than 400 local market experts, shows vacancy rates are slowly improving, but rents continue to be soft with elevated levels of subleasing space on the market. The SIOR index, measuring the impact of 10 variables, rose 1.6 percentage points to 42.6 in the third quarter, but remains well below a level of 100 that represents a balanced marketplace. This is the fourth straight quarterly improvement following almost three years of decline.

The last time the commercial market was in equilibrium at the 100 level was in the third quarter of 2007; the index now matches where it was at the beginning of 2009. Fifty-nine percent of respondents expect improvements in the office and industrial sectors in the current quarter.

Commercial real estate development continues at stagnant levels with little investment activity, but is beginning to pick up in many parts of the country.

 

Does Your Boise Valley Office Space Need Cubicles?

When setting up your new office space in the Boise Valley, deciding whether or not your office should go the cubicle route can be tricky.

On the positive side, cubicles do provide employees with barriers from noise and visual distractions in the office, allowing them to better concentrate on their work. Cubicles also offer a certain degree of privacy, along with the impression that each employee has his or her own dedicated workspace. Cubicles also offer more space for shelves and a convenient canvas for posting schedules and memos.

On the negative side, cubicles have been known to drastically decrease person-to-person communication in the office, leading to frequent complaints about isolation, depression, and low employee morale. Cubicles can also be rather ugly and uninspiring due to their generally bland color, and have been the subject of ridicule for quite some time now in comic strips and movies.

So when figuring out the best workspace configuration for your employees, the most important issue to consider might be, what do your employees actually do? If your employees spend the majority of their workday on the phone conversing with clients or the general public, going the cubicle route might make sense, as the enclosed space will provide them with the quiet they need to conduct a private conversation. If your employees spend the majority of their days typing away on computers and have little or no need to be on the telephone (or even talk amongst themselves), an open workspace plan might be a better approach.  Of course there are other factors to consider as well like aesthetics, company image, but this is just a little information to mull over when you are setting up or reconfiguring your Boise Valley office space.

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.

 

Advantages to Leasing Boise Valley Office Space

It may not be a question as old as time, but some business owners and entrepreneurs in the Boise Valley struggle with the decision if they should buy or lease their office space. Statistics show that most new business owners start out by leasing office space, and many business consultants advise leasing your work space until you get on your feet and your business starts operating in the black. There are also some other advantages to leasing your business property in the Boise Valley:

  • Flexibility. One obvious advantage to leasing property is the flexibility it provides. When the lease is up, you can easily relocate to another office that better suits the needs of your business and your budget.
  • Fewer responsibilities. The property manager or landlord is the one responsible for maintenance, security, remodeling, and other management issues.
  • No mortgage. Not being locked into a mortgage loan allows you to free up cash and put it where it is needed, which is especially helpful for new business owners.
  • Negotiable rates. If real estate properties in your area are plentiful, it may be possible to negotiate a lower price on your lease amount.
  • Less tax paperwork. If your business is leasing office space, your income tax return will be simpler to file, compared to the endless forms that building owners must fill out.
  • No down payment. When you purchase a building, you typically pay 20 to 25 percent of the price as a down payment and then mortgage the balance. When you lease office space, you need only pay one or two months of the lease value before moving in, which can be a real blessing for cash-strapped small business owners.

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.

 

Boise Commercial Real Estate For Lease – South Cole Annex

Conveniently located near the Cole/Overland I-84 Interchange in Boise, The Sundance Company is pleased to present the South Cole Annex building for lease. This manufacturing/warehouse facility features generous office space, open work spaces, two lunchrooms, and an ideal location in Treasure Valley. The Sundance Company is one of the few local companies in the Boise Valley that self-manages and maintains its own properties—enjoying higher occupancy levels and superior quality control for its projects. Savvy tenants and buyers look to The Sundance Company for development; office, warehouse, and retail leasing; property management; build-to-suit/construction; and land and building sales.

South Cole Annex
2925 South Cole Road
Boise, Idaho

Site Area: 5.1 acres; 250 feet west frontage of South Cole Road
Additional Land: 5.56 acres
Zoning: M-1
Stories: One
Project Size: 54,000 square feet
Construction: Steel frame with ribbed metal siding exterior.
Age: Built in 1989 with a 24,000 SF expansion in 1995.
Roof: Flat, single ply roofing membrane over plywood sheathing.
Ceiling Clear Height: 18’ minimum, 24’ maximum warehouse; 8’ in offices.
Floor Construction: 6” concrete slab
Windows: Double-pane, thermo-glazing in offices.
Warehouse Doors: Dock-high and 12’x14’ overhead loading doors.
Insulation: 9” batt insulation in roof; 3½” batt insulation to exterior walls.
Offices: Commercial carpet & vinyl; acoustical ceiling, fluorescent lights, standard partitioning and finished restrooms.
Warehouse Lights: Suspended tube fluorescent and suspended bulb.
Heating/Cooling: Warehouse has suspended space heat. Office has package electric forced-air and central air conditioning.
Parking: 125 spaces, paved and marked
Site Improvements: Landscaping on South Cole Street.
Special: Full building fire sprinkler system; combination of dock-high loading and 10’x12’ drive-in doors.

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.

About The Sundance Company

The Sundance Company has become a development powerhouse with more than 30 years of successful history in Idaho’s Treasure Valley and the Boise metropolitan area. The Sundance Company is one of the few local companies that self-manages and maintains its own properties—enjoying higher occupancy levels and superior quality control for its projects. Savvy tenants and buyers look to The Sundance Company for development; office, warehouse, and retail leasing; property management; build-to-suit/construction; and land and building sales.

With more than 1.5 million square feet of prime office and industrial space in the greater Treasure Valley, The Sundance Company has the size and diversity to avoid the need for a “one-size-fits-all” approach—thereby assuring customized solutions that are genuinely tailored to each client’s needs.

Every project by The Sundance Company is conceived and executed with integrity, innovation, accountability, and dedication by a team of seasoned experts who always remains mindful not only of tangible aspects of a property transaction but also the intangible. The in-house management team values its personal connections and the relationship of trust it has created with its tenants and property owners, which include national and regional companies, some of whom have been in Sundance buildings for more than 15 years.

Plan Your Business Meeting at Silverstone Amenity Center


No detail has been overlooked in any of the Silverstone Amenity Center conference and meeting rooms, which feature the integration of high-tech audio/visual capabilities, wireless internet, and video teleconferencing. Whether you’re hosting a business meeting, corporate retreat, or holiday party, The Silverstone Amenity Center is the perfect location for any occasion. Located at the corner of Eagle and Overland Roads, in the Silverstone Park, the Amenity Center is right in the heart of the Boise Valley.
Additional on-site services include:

  • Business Concierge
  • Food and Beverage Catering Arrangements
  • Presentation Equipment
  • Commercial Catering Station
  • Free Parking

More information available at www.silverstoneamenitycenter.com.

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.

Land Development Options with The Sundance Company

The Sundance Company prides itself on its ability to provide options. We have the size and diversity to avoid the need for a “one-size-fits-all” approach — thereby assuring customized solutions that are genuinely tailored to each client’s needs. Whether you are looking to purchase land or prefer a build-to-suit, The Sundance Company offers a multitude of possibilities with its land development and build-to-suit options throughout the Boise Valley, including in Boise, Meridian, and Nampa.

If the current Boise Valley market does not offer what your business is looking for, you can now consider designing and building a facility to suit your needs, rather than renewing your current lease or settling for an “as is” building. Build-to-suit opportunities represent just one of the alternatives available to companies in today’s complex commercial real estate environment. Many executives procuring space for their companies find a build-to-suit option most advantageous, and The Sundance Company can effectively and efficiently assist you with your needs.

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.

Boise Valley Retail Space Available For Lease

Are you planning to rent or lease retail space in the greater Boise Valley for your business? It is not always easy trying to find the ideal retail space, and there are a lot of options available such as, general retail, free standing retail, regional malls, specialty centers, community centers, and many more. It is essential to find a retail space that you’re your business needs, and remember, a store can become the foundation for the future development of your business.

Finding a good retail space in the Boise Valley can be easy if you follow these simple steps:

  • Find out why the previous tenant left the space. If the previous tenant has left the space for the lack of customers, then you might face the same problem. Also, check the transport system near the retail location. If the customers can’t commute to your store then it’s certainly not a good place to invest.
  • Study your target audience carefully. Study their requirements. Do they live near the office space you are planning to buy? Where do they go to shop? Studying these points carefully will help you to know the psychology of your customers. Also, if you see that there are no residential areas nearby, don’t buy the space. You can search in the census bureau or chamber of commerce to find the most suitable place for your business.
  • Before you buy retail space in commercial area you should study your competitors’ location. Make sure that you’re not going to face losses due to a rival store that is near to you. It is no use opening a retail store in a place that has a large number of competitors. It would take a long time for you to establish yourself in the market.
  • Check out all the costs while leasing a retail space. Do you have to pay for the maintenance and repairs? How much do you have to pay to decorate the retail space? Some landlords may ask you to pay a percentage of your sales along with your rental fee. It’s better to know all these details before you make the investment. A cheaper deal may sound attractive to you but that doesn’t mean it is the best decision until you have all of the facts.

If you are looking for retail space in the Boise Valley then contact The Sundance Company and we can walk you through the process of procuring a great location for your business. Established in 1976, The Sundance Company has more than 1.5 million square feet of commercial real estate available in prime locations throughout the Valley including Boise, Meridian, and Nampa so contact us today to see how we can help you find the right space for your company. More information is available at www.sundanceco.com or 208.322.7300.