Why Choose UsCommon misconceptions when leasing commercial real estate
Leasing Tip #1: I have secured the perfect location, so I should ask for the longest lease possible.
People have short attention spans today and trends change faster than ever. You must be able to adapt to such shifts to survive; therefore, you should try to negotiate a shorter lease rather than a longer lease with the option to extend the lease at a reasonable increase in rent if you choose to stay.
Leasing Tip #2: You will grow into your space.
Often times, profit margins are far more fickle in retail than in other industries. It is important to evaluate your 5-year plan and to create a 5-year financial projection to determine your exact needs. You should consider product or service expansion and client growth to determine the exact space you need now and the space you need in 5 years. If you have empty space in a retail location, you are most likely losing money. Choose the proper-sized location for your existing needs and consider ways to expand the space for the future.
Leasing Tip #3: Selecting the right space will automatically make me money.
Even if you have selected a great space, you will still be required to make an effort in marketing to attract customers. If no one is aware of your location or organization, they cannot visit to make purchases. Marketing is an essential part of any successful business.
As long as you consider your needs for an office, retail, warehouse medical, or tech space and its location, the best approach to negotiations, and the general tips and misconceptions of the retail real estate industry, you will be certain to find the optimal retail location for the needs of your company.
JGM Properties is a Twin Cities based commercial real estate leasing agency, offering office, warehouse, retail, and medical space for lease in the Minneapolis St Paul metro area.
Our focus is to provide quality commercial space for your business; at a fair price. We offer custom built space from 200-20,000 square feet.
With 22 buildings in 12 metro cities, there's a good chance that we have the type of space you're looking for in the geographic location that best suits your business. We have properties in Bloomington, Edina, Eden Prairie, Brooklyn Center, Fridley, Eagan, Waseca, St Paul, Woodbury, New Hope, Plymouth, and Minnetonka.
We have properties located off all the major highways in the Minneapolis St Paul metro area…I-94, I-494, I-694, Hwy 100, Hwy 169, Hwy 62, Hwy 55, and more!
We have over 1,500,000 square feet of office, warehouse, retail, and medical space in our portfolio of commercial properties in Minnesota…so it's likely that we have a few options that would work for your business. However, in the event we don't have the proper commercial space available for lease in our portfolio; we'll work to match you up with a third party broker who can take over the process and find you the best space at the best price.
Here's how it works…call us to discuss your requirements (size of space, type of space, special requirements, ceiling height required, monthly budget, etc.). Once we have a feel for the type of commercial real estate you need, we'll put together a list of the options we have in our portfolio of properties that closely match your overall requirements.
Get in touch with us today to discuss your needs. We will work diligently to help you locate the best commercial space for rent in the Twin Cites.