The Sundance Company

May 15, 2013May 13, 2013 sundancecompany business information, commercial real estate, Commercial real estate news, office productivity, office space tips, The Sundance Company

Recent Survey on Tech Trends in Commercial Real Estate Yields Surprising Results

A recently conducted a survey at The News Funnel gauged the commercial real estate industry sentiment as it relates to technology trends. Some of the results were not so surprising, but one thing really stood out. The main takeaway from survey was how many exciting new websites are being launched on a regular basis creating a real tech revolution in the industry. Another things that was really surprising was the amount of respondents who said they are still getting the majority of their news and information from their desktop devices as opposed to mobile. It’s completely contrarian to what’s obviously happening in the tech sector in general as mobile is taking the tech world by storm. Old habits die hard, but if someone can get the industry to adopt to a mobile solution, they will have the field to themselves.

Here were the major findings of the survey:

Which data and information website is used the most by industry professionals?
CoStar was chosen by 60% of the survey followed by Real Capital Analytics and LoopNet in a virtual dead heat for second place.

Which new real estate tech site are you most impressed with?
A virtual tie between View The Space and OfficeSpace.com. CompStak was selected as the third most impressive site. Other sites that were chosen were RetailMLS, 42Floors and TheCapRate.

Which aspect of the industry is experiencing the most exciting innovation?
More than half of the survey respondents selected “news”, followed by “marketing” and “space search”.

Which area is lagging the most in regards to tech innovation?
“Data analysis” was the answer most given followed by “marketing” and then “property management”.

When asked which sector of the industry is experiencing the most innovation residential or commercial?
Almost 70% of the survey said “commercial”.

Finally, and most surprising, What type of device you use to access real estate information?
83% said their desktop while only 17% said mobile.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise 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 locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

May 8, 2013April 16, 2013 sundancecompany business information, office productivity, The Sundance Company

5 Reasons to Schedule More Business Lunches

Have an important meeting? Here are five reasons to do it over lunch, and some tips to make the most of it from an article at Inc.com.

You finally get connected to the person you have been pursuing. Maybe it’s the client of your dreams. Perhaps it’s the mentor you always wanted. Maybe it’s that perfect recruit or potential partner. It doesn’t matter, you want them to listen and they have agreed to give you time. Now you need to put the odds in your favor. You need to invite them for lunch. Here’s why, and how:

1. You’ll Control the Environment
Their office is their territory: their colleagues may interrupt you, or they may be distracted by calls or emails. Even if they agree to come to your office, you don’t want any distractions there either. Besides, being in your territory may prompt them to put up their guard. You want them at ease. You want the environment to work for you. You can control the entire atmosphere at lunch.

Tell your prospect that you will arrange things and send them the info on where to meet. Pick a restaurant that is quiet so they can hear you. Ask their food preferences and find an appropriate setting–be it trendy or classic, elegant or casual–that reflects the impression you want to make. Pre-arrange with the wait-staff (pre-tip, and learn their names) to take special care of your table so the focus is on your business at hand. Now everything is on your turf and your prospect can be wowed by your style, initiative, and way with people.

2. You’ll Be on Equal Footing
I hate going to someone’s office and sitting in front of their desk. They sit in the power position and wait for you to perform. Half the time, their chair sits above you, making you feel small and insignificant. With a little planning at lunch, you can keep the power equal or maybe even in your favor. Preview the restaurant you choose and designate a table that you like with the headwaiter. Make sure that you can see the door and have your back to the wall if at all possible. You should be seated so that you are at an equal height and are the most obvious focal point from their view.

3. You’ll Have Captive time
In a typical meeting, the business agenda controls the time frame. If you only have 20 minutes of substantive discussion, you will find yourself dismissed once you make your point. Lunch is different. Eating is an expected social experience and few people schedule a lunch for less than 60 to 90 minutes. Leave the laptop at home. A paper presentation works best at the table and your prospect can take it home. Once you are done with a brief description, move on unless the prospect wants to delve further. Unless you offend, you will both be there for the whole meal, so use the extra time to connect socially. People do business with people they like. Now you have the time to help them like you.

4. You’ll Create a Shared Experience
The two of you are there together. Make your prospect feel comfortable. Make sure your etiquette is refined. Mirror their behaviors so they are not embarrassed. You have the chance to find common ground and bond. Create a memory that becomes the basis for your future relationship. Let it be an awesome experience you both recall with fondness. Clearly address the need for meeting. Find ways to make it entertaining and creatively generate an unexpected moment that wows your prospect. Call the chef in advance and arrange for a special dish.

5. You’ll Do Them a Favor
Pick up the check!!! It may seem obvious but many business people are inclined to split bills today. Going Dutch is not an option if you want retain power. You want your prospect to feel obligated to you even if only for the lunch. Make sure you have that advantage when the meal is finished. The best way to assure this is to give the waiter your credit card privately before the lunch even starts. You can decide whether or not to tell your prospect up front that this experience is on you, or wait until the end as a surprise. Either way, you’ll put them in a position of gratitude at the end, leaving you open to pursue the next steps.

May 1, 2013April 16, 2013 sundancecompany business information, Commercial real estate news, office productivity, office space tips, The Sundance Company

Five Ways Robots Will Change Real Estate

A recent article from InmanNews discusess how robots could have an impact on real estate. It may sound like science fiction, but it’s not. Robots are about to be everywhere, including real estate. Robots are in the wild, cleaning up nuclear waste, sanitizing hospital rooms, and entertaining us all. How will they impact real estate? It’s anyone’s guess at this point, but here are five ways robots could impact real estate within the next five years.

1. New telepresence robots, like the ones from Double Robotics, will finally let us be in two (or more) places at once. Control the robot from your iPad and communicate face-to-virtual face with co-workers and potential clients. Send a telepresence robot along to an open house. Invite brokers and clients to attend previews from the comfort of their home or office. The possibilities of telepresence are limitless.

2. Robots like Romo could lend a helping hand. Need exterior shots? Send a Romo out to the street for wide angle views. How about a cameraman for your video? Check. Need a BPO? A Romo with some simple software can canvas a street and send back data while you meet with clients.

3. How about a robot who can issue conditional approvals and underwrite loans in real time? Robots with natural language processing could collect data from a client interview and, connected to an underwriting engine, produce financing options and approvals in minutes.

4. The issue of private drones is unfolding in front of our eyes. Federal, state, and local governments are racing to issue guidance on drone use; but no matter the outcome, drones will become fixtures in our skies. Depending on how legislation shakes out, drones could be used for aerial views, home fly-throughs and more. This is already happening with remote controlled quadcopters. The machines will handle it with a few taps on your iPhone tomorrow.

5. Robots could make finding the perfect home a breeze. Imagine a robot that could use information about your client, their Facebook interests along with some simple questions about their income, to query and sort MLS listings for the perfect place for them.

Of course, how exactly the future will play out is anyone’s guess; but one thing’s for sure, robots will be a part of it.

April 17, 2013February 21, 2013 sundancecompany business information, Economy news, The Sundance Company

10 Simple Ideas that Made Billions

April 10, 2013April 16, 2013 sundancecompany Boise Commercial Real Estate, Boise Office Space, Boise Retail Space, boise valley commercial real estate, Meridian Commercial Real Estate, Meridian Office Space, Meridian Retail Space, Silverstone Corporate Center, The Sundance Company

Rockridge Center: Boise Valley Commercial Real Estate for Lease

Rockridge Center
2398 S. Eagle Road
Meridian, Idaho 83642

The 22,023 square-foot Class A Meridian, Idaho structure is part of the Silverstone Corporate Center, which is a 90-acre master planned employment center centrally located in the Boise Valley. Situated 1/4 mile from Interstate 84 at the Eagle Interchange, there are more than 1 million square feet of tenant amenities within minutes of the center. Rockridge Center tenants will have individual exterior entrances to their suites. There also is extensive perimeter and site landscaping, distinctive entry portals at signaled intersections on Eagle Road as well as on Overland Road, and consistent architecture throughout the park. Other highlights of Rockridge Center include:

Building Size: 22,023 square feet
Zoning: CC
Year Built: 2005
Site Area: 2.53 acres
Number of Floors: One
Parking: 5/1,000 usable square feet
Ceiling: Lay-in acoustic ceiling panels in 2’x4’ T-bar ceiling grid with indirect and recessed lighting
Ceiling Height: 10 feet in office areas
Restrooms: Shared or private tenant restrooms throughout
Miscellaneous: Tenants have individual exterior entrances to their suites.

More information available about Rockridge Center at www.sundanceco.com or LoopNet.

April 3, 2013February 12, 2013 sundancecompany business information, commercial real estate, Commercial real estate news, Economy news, The Sundance Company, Uncategorized

Can A Company Use Instagram To Share Their Story and Build Their Business?

Instagram is a photo sharing service available as an easy to download application for any Android or iOS powered device. The photos captured can be shared on Facebook, Twitter and even Tumblr too. It is time for businesses to understand that this social sharing platform is here to stay. So how can a business use Instagram to share their story?

Build an Identity
Start snapping photos of your business. Once you’re ready to post your first image, you’ll be able to add a location if it is not already listed.

Try uploading photos of interesting aspects of the store or products, or share images of things the people who shop your business care about. You’ll be amazed at the response when you start sharing your perspective. Visuals speak louder than words.

Use Hashtags to Build a Following
What’s the point of taking a great photograph if no one will notice it? Celebrate your active brand advocates by deciding on a short, easy to type phrase that people can include in their tweets. For example Adidas used the hashtag “#thereturn” to celebrate the return of Derrick Rose. They even made it a predominate design element on their website for D Rose.

With the use of these hashtags you can monitor conversations focused around your brand by using the Twitter search feed or directly displaying these photos using the Instagram API on your website. Make sure to include any legal terms and conditions related to the use of the publically shared content. In the footer of their website, Adidas informed people: * If you send us a Tweet, or use our hashtag “#TheReturn” on Twitter and Instagram, you consent to letting adidas and Derrick Rose use your content and handle, in any media. If you opt in to our Facebook application All In For D Rose by adidas you also consent to letting adidas use your customized Facebook image in any media. Fan based media can be shared cross-platform allowing you to successfully use Instagram for marketing and to increase brand loyalty through the instant gratification of social likes.

Find Your Advocates
Snap a photo using Instagram and then select that you’d like to add a Photo Map. You’ll be prompted to “name a place”. This is where you’ll see a list of available locations based on your GPS location. Once you find your business, select it as the location and then upload your photo. Once uploaded you’ll be able to click on the location as a hyperlink and browse the gallery of photos other people have tagged for that same location.

Find anything interesting? Follow that individual and you’re on your way to building your community.

March 27, 2013March 14, 2013 sundancecompany Boise Commercial Real Estate, Boise Commercial Real Estate Development, Boise Office Space, Boise Retail Space, boise valley commercial real estate, Meridian Commercial Real Estate, meridian idaho, Meridian Office Space, Meridian Retail Space, The Sundance Company

Lakestone Plaza: Boise Valley Commercial Real Estate for Lease

Lakestone Plaza
3300 E. Goldstone Way
Meridian, ID 83642

The 35,303 square-foot Class A Meridian, Idaho structure is part of the Silverstone Corporate Center, which is a 90-acre master planned employment center centrally located in the Boise Valley. Situated 1/4 mile from Interstate 84 at the Eagle Interchange, there are more than 1 million square feet of tenant amenities within minutes of the center. Lakestone Plaza tenants will have individual exterior entrances to their suites. There also is extensive perimeter and site landscaping, distinctive entry portals at signaled intersections on Eagle Road as well as on Overland Road, and consistent architecture throughout the park. Other highlights of Lakestone Plaza include:

Building Size: 35,303 square feet
Zoning: CC
Year Built: 2001
Site Area: 3.12 acres
Number of Floors: One
Parking: 5/1,000 usable square feet
Ceiling Height: 10 feet in office areas
Restrooms: Shared or private tenant restrooms throughout
Miscellaneous: The building has stone veneer wainscot with white window frames and tinted glass.

More information available about Lakestone Plaza at www.sundanceco.com or LoopNet.

March 20, 2013March 14, 2013 sundancecompany The Sundance Company

Boise: A Great Place to Grab a Beer

Boise has been recognized by many publications as a great place to live and work, and now it has another accolade to add to its resume. Livability.com, which features America’s best places to live and visit, puts Boise – the home of The Sundance Company – as one of the top 10 beer cities.

What could be better than taking in the view of the Rocky Mountains while sipping on a fresh brewed beer? If your answer is “not much” then head to Boise, where there are five breweries offering dozens of different craft beers. It’s a hidden beer lovers paradise. You’ll find:

Sockeye Grill & Brewery has six signature brews and a variety of seasonal specialty beers including the Dagger Falls IPA, which picked up silver medals at the 2003 and 2008 North American Brewers Festivals. Customers can pick up kegs or just drop in and let the bartenders do the heavy lifting.

For a monstrously hoppy beer try the Hopzilla from Table Rock Brew Pub, which offers more than nine handcrafted selections and a laid back atmosphere. It’s a big place with a bar, spacious dining room and patio.

The Ram Restaurant and Brewery serves up Big Horn brews such as Total Disorder Porter, which picked up a gold medal at the Great American Beer Festival. In the mix of their six craft beers and in the running for best named beer is the Buttface Amber Ale. The Ram lets you support the sport of curling by donating a portion of the proceeds for every signature taste curler that is purchased. The curler gives you six 3-ounce glasses of Big Horn beer.

The newest breweries on the block in Boise are Payette Brewing Company and Highlands Hollow Brewhouse.

About The Sundance Company

Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs in throughout the Boise 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 locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

March 13, 2013January 9, 2013 sundancecompany business information, office productivity, The Sundance Company

The Success Indicator

March 6, 2013January 8, 2013 sundancecompany boise valley commercial real estate, commercial real estate, Meridian Commercial Real Estate, The Sundance Company

The Sundance Company: Commercial Real Estate Investment Services

A condominium purchase allows individuals to own their own space or invest in commercial real estate without the management worries. The Sundance Company will continue to manage these sites, allowing individuals to focus on their primary business and benefiting from our volume discounts.

Real estate still continues to be a good investment. Historically, low interest rates spark consumer interest into owning versus leasing.
Have ownership of improvements. Build-out costs can be costly. Many professionals have found that owning office space not only makes economic sense, but it also provides a stable, familiar locations for their clients.
Significant tax advantages. After mortgage interest tax deductions and depreciation write-offs, the annual cost of office ownership is well below the average cost to lease comparable office space.
Asset accumulation. Actually buying a property becomes security for loans, security for lines of credit and a tangible asset that will add value to your company’s net worth. It is also a way to reduce or eliminate personal liability.