Rentable vs Usable Square Footage Space for Commercial Properties
Is a square foot really a square foot? When it comes to commercial real estate, there are different classifications for the space and area of your building, falling under the headings rentable vs. usable space. While it might not seem like much, knowing the difference between these figures is ...
Read MoreHow Kenwood Supports Its Community as a Commercial Property Manager
It's easy to cast off property managers as detached or faceless mediators in real estate dealings driven only by profit. However, at Kenwood Management, we believe property management can be more than just collecting rent and number crunching. When it comes to commercial real estate, when our ...
Read MoreHow To Choose the Right Commercial Space for Your Small Business
Moving into a commercial space is a big step for small businesses. It’s a coming-of-age sign that your products or services are growing in demand. As exciting as it may be to have an official office or retail location, choosing the right commercial space requires a lot of forethought. After all, ...
Read MoreReconfiguring Your Existing Real Estate for A Hybrid Workplace
The shift toward remote work has changed the way businesses think about their office space. While remote work offers flexibility, there are numerous benefits to having a physical workspace, including easier collaboration, fewer technical issues, and a stronger sense of teamwork and company culture. ...
Read MoreUnderstanding How to Calculate Commercial Real Estate Value
Regarding cost allocation, commercial real estate is a complex landscape. There are many factors to consider, from lease terms within commercial leases to building classifications and even the different methods of measuring a cost per square meter. Whether you're a new business or a seasoned ...
Read MoreWhat is a Letter of Intent For a Lease?
When prospective commercial tenants are looking for a commercial property lease, there are many questions to answer and unknowns to contemplate. How much space is needed? How many offices, workstations, and conference rooms are desirable? What is the monthly rent? When will it be ready and how long ...
Read MoreThe Go-Giver Laws: Do You Have a Go-Giver Culture?
Published January 18, 2021. Updated August 1, 2024. We've all got a TBR (to be read) pile, but what about a TBRA (to be read AGAIN) pile? Here at Kenwood Management, there's a copy of Bob Burg's book The Go-Giver on all of our bookshelves, and we end up reading it again . . . and again. Want to ...
Read MoreProspective Commercial Tenants: Why Reviewing Financials Is Necessary
Published January 23, 2020. Updated June 20, 2024. Prospective tenants often question why a landlord or our commercial property management team wants to review their financial situation when considering leasing business space in one of our properties. Business owners sometimes feel offended and ...
Read MoreWhat is Tenant Improvement? The Basic Steps
Tenant and property owner relations can be a bit tricky at times. There are so many aspects of a commercial property lease for both parties to acknowledge and understanding your lease details isn't always easy.
Read More5 Steps to Finding a Commercial Space to Lease
If you are looking for a commercial space to rent for your small business and struggling with where to look and what to look for, you’re not alone. Finding the perfect space is critical for the health of your small business — it is a big decision as well as financial investment.
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