Carmen Commercial Real Estate Blog | The Tenant Advisor

5 Critical Reasons to Update your Office Space (or risk losing top talent)

Posted by Selina Bradley on Fri, May 12, 2017

Let's face it: we now live in a millennial-driven workforce. The demand for modern, creative, and appealing office space creates a massive opportunity for sharp business owners who are clever enough to retain and attract top talent. It can be a real challenge for the owners of aging, old-school office sites and work environments.

Where do you stand? Are your employees happily engaged in their work and energized by their surroundings or are you a cube farm with minimal amenities and low collaboration in an uninviting space?

Maybe your sole focus is on growing the business by investing in marketing, sales, and product development and consider anything else to be a waste or a luxury. Maybe you think the aesthetics of an office space have no connection to the productivity of your employees. Maybe it's time to change your mindset.

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Tags: Office Space Tips

The Problem with Indianapolis Commercial Real Estate

Posted by Selina Bradley on Wed, Apr 26, 2017

Indianapolis and the surrounding areas of Carmel, Fishers, and Noblesville have become some of the best communities in the USA for families to live due to their low costs of living and high quality of life. And, that very same reason has prompted businesses to jostle for the available commercial real estate for rent in Indianapolis to serve the increasing population in the area.

While there is still space available, getting an ideal office is proving hard for most of the small and medium-sized business.

And while several factors come into play when searching for the perfect commercial real estate property for rent or buy in any locale, there are a few that will remain consistent everywhere. Location matters, of course, but that's not all anymore.

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Tags: Indianapolis Commercial Real Estate

The Ultimate Cheat Sheet on Finding Available Indianapolis Office Spaces and Getting the Best Deal

Posted by Selina Bradley on Wed, Apr 12, 2017

Indianapolis is continually rising as one of the best cities to live in terms of cost of living. Businesses are continuously considering relocating to Indianapolis due to the growing popularity of the Midwestern city as well as the relative value of their real estate costs. Finding the right office space can be exceedingly stressful especially because of all the tasks involved. Whether you’re at start-up stage or an already developed company, there are various factors you should keep in mind to get the most suitable office space for rent.

Here are crucial factors to look at before signing that lease when looking for available office space for rent in Indianapolis.

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Tags: Office Space Tips

Hi-Tech Manufacturing Sees Benefits of Relocating to Indiana

Posted by Chris Carmen on Fri, Apr 07, 2017

Indiana has done a stellar job of attracting companies to relocate within its borders over the past few years, actively recruiting businesses with financial incentives, low corporate taxes and low operating costs. These companies have good reasons to pull up stakes elsewhere in order to reap the benefits of relocating to Indiana.

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Tags: Indiana Economic Development Incentives

Indiana State Business Tax Incentives

Posted by Chris Carmen on Fri, Mar 31, 2017

There isn’t a state in the U.S. that isn’t competing to strengthen its economy.  The competition?  Every other state in the union.  The prize?  Companies….which bring jobs, keeping the populous happily employed and creating a tax base that supports state and local infrastructure and services. 

The key to winning the competition is creating the most favorable business climate.  This can come in the
form of labor availability and cost, taxation, state and local regulation, as well as a number of other factors that impact a company’s general cost of operations.  The competition is so fierce that states now have to complete just to retain businesses, which are inevitably being pursued by other states.

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Tags: Indiana Economic Development Incentives

Indiana Income Growth Ranks 2nd in Nation

Posted by Chris Carmen on Fri, Mar 17, 2017

An article in the Indianapolis Business Journal chronicles the story of a couple who moved from
Chicago's northern suburbs to Carmel, Indiana. Not surprisingly, they are finding that their dollars go a lot further in central Indiana in everything from housing to day care to taxes.

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Tags: Indiana Economic Development Incentives, Chicago Tech Office Space

Companies Realize Cost Benefits from "Blend and Extend" Office Leases

Posted by Chris Carmen on Fri, Mar 03, 2017

The concept of "Blend & Extend" with regards to commercial office industrial space leases is certainly not new.  However, throughout the downturn of the economy, there's been a considerable amount of new life breathed into the practice, with many companies clamoring to take advantage of rock-bottom lease rates and liberal landlord incentives, even though their current leases may not be due to expire for a few more years. So how does "Blend & Extend" work?

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Tags: Indiana Economic Development Incentives

Dealing with a Difficult Landlord

Posted by Chris Carmen on Sat, Feb 25, 2017

Disputes between landlords and tenants can take many forms.  We take a look at how this business aggravation can be remedied with the guidance of tenant representation and present options for managing a tenuous landlord situation.

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Tags: Indianapolis Office Space

Understanding Your Lease Renewal Options

Posted by Chris Carmen on Sat, Feb 18, 2017

The renewal option can be an office tenant's most beneficial lease clause. In general, the option to renew is a one-way street in favor of the tenant. 

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Tags: Indianapolis Office Space, Lease Renewal

Why Unifying Multiple Office Locations is Worth It

Posted by Selina Bradley on Thu, Feb 16, 2017

Indianapolis has quickly become a hidden secret in the digital marketing and tech community. With heavy hitters like Salesforce, Angie’s List, and ConstantContact calling Indianapolis home, it’s no wonder. We have a strong, deeply connected community of professionals who are disrupting the status quo and pushing the envelope on what’s possible. Economically, it’s a smart choice. The cost of living is more affordable and the cost to lease office space in a premium downtown location is more accessible. But what do you do when your business is certainly no longer a start-up and has out-grown its humble beginnings? You expand into a larger space, of course.

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Tags: Office Relocation