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Crelow Blog

Tapped On The Shoulder To Coordinate A Move?

Posted on August 30, 2016 by Julie Hibbing

If you haven’t coordinated a move before, few things can be more daunting than to have the responsibility of managing your office’s relocation. And with your “real job” still needing attention, it’s important to be able to have time to manage the move project and still get your daily deadlines accomplished. But with a few tips and pre-planning, you and your office can be prepared and stay productive. Here are some key points: Plan ahead. The… Read More >

Understanding LOIs and Leases

Posted on August 22, 2016 by Tony Gleekel

A few weeks ago, Jim compared the types of plans tenants often encounter when leasing office space. This time around, Jim asked if I could do the same for the legal documents commonly encountered by tenants, specifically, letters of intent (LOIs) and leases. Both are vitally important to the process of leasing office space, but there are critical differences every tenant should understand before signing either one. LOI: Getting on the same page You have toured… Read More >

Office Space Plans Every Tenant Should Understand

Posted on July 20, 2016 by Jim Simpson

As the saying goes, plan the work and work the plan. When it comes to leasing office space and the “buildout” needed to get it ready for your business, three different plans could come into play. Whether the landlord is handling the tenant improvements (TIs) on your behalf or you’re managing the construction yourself, it’s important that you understand what the plans represent and how each fits into the bigger picture. The As-Built Plan You’ve toured… Read More >

Ten Commandments Of Open Plan Office Designs

Posted on July 13, 2016 by Pat Hagen

A few weeks ago, I blogged about the pros and cons of open plan office designs and how tricky it can be to make them work. The key lies in finding a balance between the heightened teamwork and collaboration that (nearly) everyone enjoys and the constant noise and distraction that (nearly) everyone dreads. It occurred to me that, in most cases, this balance could be achieved if office workers simply lived by a few simple rules… Read More >

How Many Square Feet of Office Space Are You Paying For?

Posted on July 6, 2016 by Pat Hagen

One of the most important considerations before signing an office lease is to clearly understand the number of square feet you are paying for and why. It sounds as if this should be fairly obvious but there are enough variables in play that it can actually be somewhat challenging. The lack of standardization in commercial real estate terminology doesn’t do tenants any favors, either. However, it ultimately boils down to knowing the difference between your usable… Read More >

The Pros And Cons Of An Open Office Environment

Posted on June 29, 2016 by Pat Hagen

In case you haven’t heard, private offices and cubicles are obsolete. Companies large and small in nearly all industries are migrating toward open-plan office designs. Apart from the cost efficiency that comes from accommodating more employees in less physical space, the primary goal is collaboration. Studies show that employees of high-performing companies spend more time in collaborative activities than their counterparts in average-performing firms. Office design, in turn, has a major impact on how employees collaborate… Read More >

Custom Office Furniture Can Be Cheaper

Posted on June 22, 2016 by Rick Siewert

Over the years as our company has grown, custom-made office furniture has become a large part of our business. Most clients seem to think custom office furniture means “expensive” and just assume that ordering office furniture out of a catalog is going to cost less than hiring someone like me to build it from scratch. If you’re only buying a handful of pieces, that’s probably true. However, if you’re outfitting an entire office, custom-made furniture will generally meet… Read More >

Does Your Business Really Need New Office Space?

Posted on June 15, 2016 by Pat Hagen

Last month, I blogged about the three types of commercial real estate professionals every tenant should get to know  before moving to a new office space. This begs a very important question: Do you really need new office space for your business? One of the professionals I mentioned in the prior blog – a space planner – may be able to help you make better use of the space you already have and avoid a costly and… Read More >

Used Office Furniture: An Easy Way To Save 80%

Posted on June 8, 2016 by Pat Hagen

If you run a business, you know that every dollar spent is one less dollar on the bottom line. Being frugal isn’t just smart, it’s an absolute necessity. This is especially true when it comes to major purchases like office furniture. After salaries, benefits and office rent, furniture is one of the larger expenses you’re likely to encounter and first-time buyers invariably end up with sticker shock. A complete office furniture workstation (desk, chair, file cabinet,… Read More >

Don’t Judge An Office Space By Its Exterior Appearance

Posted on June 1, 2016 by Pat Hagen

I recently blogged about the seven clues to look for  when touring the lobby of a prospective office building. You can tell a lot about a property just by observing its exterior appearance. However, it’s possible to take that too far. The old saying that you shouldn’t judge a book by its cover applies to commercial real estate, too. Business owners looking for new office space often drive around and “tour” buildings through the windshield. They’ll make… Read More >

Don’t Skimp On The Break Room

Posted on May 25, 2016 by Pat Hagen

In the past, we’ve blogged about the so-called “ping pong fallacy”  and how companies often invest a small fortune on office space for “fun” amenities (ping pong tables, pool tables, etc.) that collect dust all week long. Ironically, some of those same companies try to cut their costs and raise productivity by shoehorning a too-small breakroom into the office space. The logic is simple: If the breakroom is too small to seat everyone at lunchtime, employees… Read More >

Picking Your Final Tour Dream Team

Posted on May 17, 2016 by Pat Hagen

There are some interesting dynamics whenever tenants get down to final tours and need make a decision on their next office space. It’s a big deal. You and your employees will probably spend more of your waking hours there than anywhere else. It will shape your clients’ perception of your company, help or hinder your recruitment efforts for new talent, and – in a pure dollars and cents view – be one of the two or… Read More >

3 Pros Every Tenant Should Know

Posted on May 10, 2016 by Pat Hagen

Crelow is all about helping businesses find the great office space they deserve and, better yet, we give them a choice in how to do it. Tenants who want to control the process from start to finish can use our one-of-a-kind Bid Requester™ to post “mini-RFPs” for office space on our public Deal Board, where landlord reps can see them and submit bids in return. Those who would rather leave the driving to someone else can… Read More >

Get Great Office Space While Boosting Employee Engagement

Posted on May 5, 2016 by Pat Hagen

Many different factors about your office space can negatively impact employee productivity. A lack of effective task lighting can cause eyestrain. A space plan that doesn’t fit with how a team actually works will get in the way of collaboration. Out-of-date technology slows the flow of information. Uncomfortable or ergonomically incorrect furniture can lead employees to “camp out” in other places or even cause injuries. While these factors in your physical environment are obvious culprits for… Read More >

5 Reasons To Always Have A Plan B

Posted on April 28, 2016 by Pat Hagen

Whether your business is large or small, you want to keep your options open as long as possible when selecting an office space. In particular, it’s critical that you not fall in love with any one property too early in the process. Regardless of how much you like a certain space and are convinced it’s the perfect future home for your business, you should always have a Plan B in mind. Call it fate, Murphy’s Law… Read More >

5 Ways To Invest $5 Per Foot

Posted on April 26, 2016 by Pat Hagen

They always say the three most important things in real estate are location, location and location. No doubt, you want to be located where your customers can find you and where your employees either live or can commute easily. There’s a fun factor, too. You’ll probably have an easier time hiring talented Millennials if your office is located by a bunch of cool bars and coffee shops than if you’re out in the ‘burbs somewhere.  Everything… Read More >

3 Tours x 1 Day = Tour Fatigue

Posted on April 21, 2016 by Pat Hagen

Of all the steps involved in locating and leasing a new office space, the office tour is among of the most important. This is the equivalent of a “first date” and your chance to see if a certain property might be the perfect fit for your business the next several years. Unfortunately, many tenants treat the tour process like it’s a walk over hot coals – something that must be rushed through as fast as possible…. Read More >

5 Keys To A Successful Move

Posted on April 19, 2016 by Peni Roberts

Moving a business from one location to another is a delicate operation that can take months of advance planning. It’s not a job that should be put off to the last minute or dumped on the new guy as some kind of a “stretch” assignment. That said, moving doesn’t have to be a painful experience. It doesn’t matter if you are moving across the hall, across town or across the country, I’ve noticed that the most… Read More >

4 Tips To Determining The Perfect Lease Term

Posted on April 14, 2016 by Pat Hagen

One of the most important decisions any business owner can make is the length of their office lease. Too short and you’re setting your business up for a premature move that could disrupt your clients and employees. Too long and you’re locked into a commitment that could constrict if the business is on the upswing or be a financial drain if on the downswing. So, what is the perfect lease term, anyway? It all depends. The… Read More >

6 Tips That Make For Great Office Space Neighbors

Posted on April 12, 2016 by Pat Hagen

At the risk of sounding a little melodramatic, there are a lot of similarities between choosing an office space for your business and choosing a spouse or partner. Just as you should never evaluate your soul mate purely on superficial factors like looks or money, it’s important to remember that the ideal office space “fit” is about much more than just address, amenities and price. You are deciding where your business will operate for the next… Read More >

5 Tips for Picking the Perfect Office Location

Posted on April 7, 2016 by Pat Hagen

There’s no denying that location, location and location are three very important factors in any real estate decision. However, people often confuse location with access. Locating your business in an area that is desirable to your employees and clients will be a net positive only if there is favorable access as well. Don’t assume a given property has a great location until you consider the accessibility from all points of view. Remember these five tips before… Read More >

3 Pros, 3 Cons to Leasing Office Space on the First Floor

Posted on April 5, 2016 by Pat Hagen

There are many things to consider when trying to find that perfect office space for your employees and your business. Every building and every leasable space has its own advantages and disadvantages, some of them not so obvious at first glance. For example, let’s say you’ve found the perfect building, in the perfect location, with all of the amenities you want, and at an attractive price. It’s love at first sight and you’re already mentally moving… Read More >

Is Brokerage Backwards?

Posted on March 31, 2016 by Peter Fitzgerald

I’ve been in commercial real estate for 14 years and I love my job. I work with a lot of high-integrity people who take pride in delivering the best possible service to their clients. Lately, though, I’ve started to wonder if how we search for office space isn’t backwards or at least really inefficient and old-fashioned. I can explain. When I start working with a new client looking for office space, I do what other tenant… Read More >

Got Tenant Requirements? BLAST! Them

Posted on March 29, 2016 by Klay DeVries

We’re always looking for ways to improve the Crelow experience, such as the new Deal Board design we recently unveiled. Today, we’re excited to announce yet another major enhancement for our users that will make it even easier for CRE pros to serve clients and get deals done: our new BLAST! Pro Bid Request. For several months now, tenant reps have been able to use our Bid Requester™ service to post tenant requirements to the Crelow Deal Board™… Read More >

7 Clues Telling You to Stay Away

Posted on March 17, 2016 by Pat Hagen

Every office building has a story and you need to “read” that story before signing a lease. An office tour is a vital step in finding office space for your business and there are some telltale clues you should pay attention to from the moment you set foot in the lobby. Commercial real estate investors are smart people. They know as well as anyone that appearances matter and that you only get one chance to make… Read More >

Landlord Reps: Find Office Space Tenants the Easy Way

Posted on March 15, 2016 by Klay DeVries

Crelow is still the only service in commercial real estate that offers landlords and landlord reps real requirements from real tenants and tenant reps looking for office space. (We call them “Bid Requests.”) We make it possible for landlord reps to submit Bids on those requirements in seconds – for free. We’re sort of the opposite of a listing service as the articles on our Press page can attest. The Crelow Deal Board™ is where all of this happens… Read More >

2 Ways to Save Big On the Little Things in Small Office Rentals

Posted on March 10, 2016 by Jim Simpson

Sometimes it’s the small things that add the most cost to your monthly rent when you lease new space. For most small businesses, cash is still king so when I’m negotiating leases with new tenants for the properties I own, they often ask if there is anything they can do to lower their monthly rent. Other than looking for less square footage when you’re trying to find office space, which hopefully you’ve already given great thought… Read More >

Bay Area Office Space: Golden Opportunities

Posted on March 8, 2016 by Pat Hagen

Home to the iconic Golden Gate Bridge, the 2015 NBA Champion Golden State Warriors and, most recently, Super Bowl 50, there are plenty of reasons why the San Francisco Bay Area is on everyone’s list of cities to visit and/or move to. From its gorgeous scenery to its booming technology sector, which includes technology industry leaders such as Google, Facebook and Apple, the San Francisco Bay Area is the perfect place for young Millennials looking for a progressive… Read More >

Four Things To Consider When Selecting New Office Space

Posted on February 25, 2016 by Pat Hagen

We recently pulled statistics on Crelow users and found that the majority of our Bid Requests are from businesses that are looking for “historic” or “unique and quirky” building styles for their new office space. While that doesn’t surprise me, since most small companies are looking to break the mold rather than stay in it, it’s important to take into account these four key things when it comes to the outside, rather than just the inside,… Read More >

The City of Lakes Makes Waves in Office Space

Posted on February 23, 2016 by Pat Hagen

We admit it. When it comes to Minneapolis, we are a little biased. After all, Crelow was started in Minneapolis and we found the perfect office space here (using Crelow, of course). When it comes to office space, the Minneapolis/St. Paul area has plenty of it. In fact, the Twin Cities and surrounding areas comprise the 14th largest office space market in the U.S. Those looking to get started or expand their business to “MSP” will have no trouble… Read More >

Houston: “The Space City” with Office Space That’s Out of this World

Posted on February 18, 2016 by Pat Hagen

From its booming economy to the numerous large corporations that make their home there, everything is truly bigger in Texas – especially Houston. With over 314 million square feet of leasable space available, Houston ranks as the 7th largest office space market in the nation. When you factor in Houston’s affordable real estate, bustling entertainment/tourism attractions and diverse workforce, it’s not hard to see why Crelow selected Houston as one of its first markets. Here are… Read More >

Find Bay Area Office Space The Crelow Way

Posted on February 9, 2016 by Jim Simpson

Today, we bring Crelow’s unique demand-driven marketplace for office space to the San Francisco Bay Area and we could not be more excited. Not only is this our first new market launch of 2016, the San Francisco Bay Area office space market is one of the hottest commercial real estate markets in North America. Different market dynamics, same value proposition In many ways, the San Francisco Bay Area is like the other cities where we already do business…. Read More >

Seattle/Tacoma – Great Office Space And So Much More

Posted on February 2, 2016 by Pat Hagen

The entire Seattle/Tacoma area has developed into a global center for the software industry and other sectors over the years and its office space market has responded in kind. Businesses from all backgrounds have more than 200 million square feet of space at their disposal with millions more on the way. Those businesses can also hire from a young and educated workforce as top talent continues to flock to the region. Workers are understandably drawn to… Read More >

Phoenix: The Valley Of The Sun (And Office Space!)

Posted on January 21, 2016 by Pat Hagen

From Minneapolis/St. Paul to Denver, Houston and Seattle/Tacoma, each market Crelow enters has its own distinct personality that not only sets it apart from all other cities but also lures individuals to live and work there. From its pro-business climate to its natural beauty and laissez-faire attitude, it’s not difficult to see why Phoenix, the “Valley of the Sun,” was also chosen as an ideal location for Crelow to do business. The Phoenix office space market is one… Read More >

Denver Office Space Is Hot, Hot, Hot. Here’s Why.

Posted on January 15, 2016 by Pat Hagen

Selecting markets for Crelow is an exciting process, not unlike using our services to find the perfect office space. We look at a variety of different factors such as the health of the economy, metropolitan statistical area (MSA) ranking, and how business friendly the area is when deciding where Crelow will debut next. Boasting a robust office space market, a vibrant retail market, an enormous influx of young people, and the perfect climate to do all things… Read More >

Looking Back At 2015

Posted on January 6, 2016 by Jim Simpson

As we begin 2016, it’s hard to believe that it was only last January that we celebrated the debut of the Crelow Deal Board™ in our home market of Minneapolis/St. Paul. Looking back a 2015 less than 12 months later, Crelow is in four additional markets – Denver, Houston, Phoenix and Seattle. We’ve also added three new services we believe will continue to revolutionize the way tenants find the perfect office space and how CRE professionals close deals: 1…. Read More >

Seattle/Tacoma In Time For The Holidays!

Posted on December 23, 2015 by Jim Simpson

December has been a busy time at Crelow. Over the past three weeks, we’ve expanded to Houston and Phoenix and are already helping tenants, reps and landlords close deals in both cities as you read this. Today, we’re thrilled to enter yet another new market, Seattle/Tacoma. When added to our original cities of Minneapolis/St. Paul and Denver, Seattle brings us to five major U.S. markets in less than 11 months since launch — and more are coming soon…. Read More >

And Phoenix Makes Four!

Posted on December 14, 2015 by Jim Simpson

A little over a week ago, we launched Crelow in Houston, adding it to our existing markets of Minneapolis/St. Paul and Denver. Today we add Phoenix to that list and are eager to start helping tenants, reps and landlords close deals in the Valley of the Sun! Different city, similar advantages Our reasons for choosing Phoenix as Crelow’s fourth market were very similar to our rationale for selecting Houston. Phoenix is one of the largest cities… Read More >

Banish Feardom To Unleash Employee Brilliance

Posted on December 10, 2015 by Pat Hagen

Building and nurturing a positive corporate culture has always been important to attracting talented employees. Today, however, with competition fierce and unemployment at historic lows, a positive corporate culture is a critical business asset. Recently, there has been an increased focus on the importance of corporate culture. Savvy CEOs of companies large and small know that a well-defined corporate culture is pivotal to the success of a business, not only boosting recruitment efforts but also increasing… Read More >

Finding Office Space In Houston Just Got Easier

Posted on December 4, 2015 by Jim Simpson

This is another big day for Crelow. Two weeks ago we launched three all-new services in our existing markets of Minneapolis/St. Paul and Denver. Today, we are bringing Crelow to a new city: Houston, the first of many new markets in our plans for the coming weeks. We’re excited to help businesses find great office space in Space City! A perfect fit for Houston – and Crelow Houston is the ideal next market for Crelow. Not… Read More >

Kontor, The Answer To Your Office Design Prayers

Posted on December 3, 2015 by Pat Hagen

As 2015 winds down, most of us are looking ahead to 2016. Typically when thinking of New Year’s resolutions, people are inclined to focus on their fitness and nutrition goals, new career prospects and their personal life. At Crelow, we can’t help but think about a different New Year’s resolution that’s slightly outside the norm – helping people find the office space of their dreams! The perfect office space is a critical success factor for any… Read More >

A Tenant Says It Best

Posted on December 1, 2015 by Pat Hagen

Rather than listening to me describe what Crelow does or how we do it, today’s blog is based on an interview with a tenant who says it best. We interviewed Gary Stockert, President of SMCpros, a digital marketing agency located in the greater Minneapolis/St. Paul area. Gary recently learned about Crelow through one of Crelow’s partners and outlines how Crelow is helping SMCpros identify the perfect office space. [Q] Had you worked with a broker in the… Read More >

Three New Services; Still One Goal

Posted on November 16, 2015 by Jim Simpson

Crelow has only been in business for about 10 months but we’re excited to introduce three new services we believe will revolutionize the way commercial real estate is done. All three of these new services are available right now in both of our current markets, Minneapolis/St. Paul and Denver. Though much of what we do and how we do it has been enhanced with the release of these new services, the inspiration behind Crelow itself is… Read More >

2016: The Year of the Small Business

Posted on November 11, 2015 by Pat Hagen

For the commercial real estate industry, 2015 was a prosperous year characterized by the continuing introduction and adoption of new technologies. Looking ahead, we think 2016 will go down as The Year of the Small Business. Small business is growth engine of U.S. economy According to PwC’s Emerging Trends in Real Estate 2016 report, “The real estate industry’s traditional focus on big cities and large employers is shifting significantly as small businesses emerge as the growth… Read More >

The War for Talent is Underway

Posted on November 10, 2015 by Pat Hagen

Don’t look now, but a long-anticipated war for talent is underway. Low unemployment rates, the changing expectations of Millennials and the shift from formal offices to more collaborative workspaces have all made it harder for businesses to hire and retain the talent they need to thrive. As if finding new office space wasn’t already challenging enough. Unemployment rates reaching historic lows Economists typically consider an unemployment rate of around 5 percent to be “full employment.” Anything… Read More >

Innovative Technology Disrupting CRE

Posted on November 3, 2015 by Pat Hagen

We built Crelow on the belief that innovative technology is disrupting and reshaping how tenants, landlords and their reps come together to fill office space. For our part, we are intensely focused on continuously improving what we believe to be the best service for matching tenants with landlords. However, there are still some naysayers out there who think technology can never disrupt the status quo in commercial real estate. We think the train has long since… Read More >

The Intersect by CRE // Tech: Commercial Real Estate’s Premier Tech Event

Posted on October 29, 2015 by Jim Simpson

Last week, I once again had the pleasure of attending commercial real estate’s premier technology event, The Intersect by CRE // Tech. This is the industry’s leading symposium on emerging and innovative technologies. I had the opportunity to talk with attendees about Crelow and showcase the complete functionality of our website and everyone who saw the demo commented on how unique our solution is for the New York market. (Most of the attendees were from the greater New… Read More >

Corporate Culture Drives Employee Recruitment, Retention

Posted on October 27, 2015 by Pat Hagen

Corporate culture is one of the key drivers of employee recruitment and retention. Savvy CEOs of companies large and small know that a company’s reputation is driven from the inside out. Creating an environment that suits their taste — and the tastes of the employees they hire — is going to send a message to clients as well. The development of a corporate culture is pivotal for organizations looking to create a specific impression in their… Read More >

The Intersect by CRE // Tech Welcomes Industry Innovators

Posted on October 21, 2015 by Pat Hagen

Our CEO, Jim Simpson, will be among the industry innovators at The Intersect by CRE // Tech on Thursday, October 22 in New York. The Intersect is the commercial real estate industry’s leading symposium on emerging and innovative technologies. Its mission is to create a larger conversation about how technology is changing commercial real estate. With three “intersections” happening each year, the event alternates between San Francisco, New York and London and highlights the latest in… Read More >

How to Eliminate Workplace Interruptions

Posted on October 15, 2015 by Erica Adams

Earlier this week, I described the overwhelming number of distractions office workers face today. Today’s post offers practical solutions to help you eliminate workplace interruptions. Multi-Tasking isn’t Real So you have external and internal stimuli bombarding you, but its okay, you’re a great multitasker. Right? Wrong. Science has proven that multitasking is just a glorified way to describe switching your attention rapidly between tasks. The opposite of this constant task switching is a state of “flow,” or what… Read More >

Your Employees are Distracted

Posted on October 13, 2015 by Erica Adams

We live and work in a more distracted world than ever, which results in decreased productivity, employee engagement, and worker satisfaction. Remember that time you were reading an online article by Fast Company, when an ad popped up for the new patio furniture you’ve had your eye on (how’d they know I wanted that?), and then your cell phone rang, and when the call ended you checked your email to see if anything needed immediate attention,… Read More >

Technology Disrupting Commercial Real Estate … At Last

Posted on October 8, 2015 by Jim Simpson

Why does commercial real estate technology lag behind other industries? Why are the limited tools available today mostly focused on residential? Is that going to change now that the CRE market is tightening in many key U.S. markets? We all know commercial real estate is an immense industry. A December 2014 report from the U.S. Federal Reserve sizes the CRE asset market at approximately $15 trillion, larger even than the healthcare industry. There are roughly 120 million actively managed… Read More >

Find Your Perfect Fit from Your Smartphone

Posted on August 24, 2015 by Klay DeVries

We regularly gather feedback from tenants who have used Crelow. They generally rave about the Bid Request process. They love how Crelow helps them think about — and articulate — what’s going to make their next office space a perfect fit. These quotes are from actual tenants: “The questions you guys ask throughout the process are super-good. They make you really dive deep into what your needs are. From my experience working with brokers, they don’t ask you those types… Read More >

Multiple Properties? Stake Multiple Territories

Posted on July 14, 2015 by Klay DeVries

We keep a whiteboard here at Crelow headquarters with a list of all the website enhancements we intend to make. Some of them are easy and can be hammered out in the time it takes to write this sentence. Some are bigger, more challenging ideas and take our designers and developers time to implement. I’m happy to say we’ve just crossed another “big” item off our list: allowing landlord reps to stake multiple territories! Crelow’s Deal Board enables landlord reps… Read More >

Want to Chat? Now You Can!

Posted on July 7, 2015 by Klay DeVries

Since we launched the Crelow Deal Board™ earlier this year,  tenants and landlord reps have told us they’d like to be able to chat with each other while  evaluating Bids and deciding what to do next. We’ve received a number of comments from users very much like this one: “It sure would be nice if there was a way for tenants and owner reps to communicate with each other before being introduced for a tour.” You asked, we listened…. Read More >

The View From CRE Tech Intersect

Posted on June 25, 2015 by Jim Simpson

If you want to see for yourself how hot the commercial real estate tech sector is getting, go to the next CRE // Tech Intersect conference. Klay DeVries (our awesome Product Manager) and I were exhibitors at last week’s event in San Francisco. The room was packed with 42 different companies showing their stuff, twice as many as were there two years ago. All the big brokerage shops were on hand and it was a blast… Read More >

Minneapolis North Loop Office Space: A Perfect Fit

Posted on May 11, 2015 by Nancy Aleksuk

Nancy Aleksuk is a Property & Tenant Specialist for Swervo Development Corporation. Few areas of the Twin Cities commercial real estate market are hotter these days than the Minneapolis North Loop. From Target Field to the river and from 3rd Avenue to just this side of Broadway, the North Loop is really taking off. Most of the development is focused on residential, not office space, but that has its own advantages for businesses seeking office space in… Read More >

Perfect Fit: Minneapolis Warehouse District

Posted on April 30, 2015 by Nancy Aleksuk

Nancy Aleksuk is a Property & Tenant Specialist for Swervo Development Corporation. The Warehouse District of Minneapolis is unlike any other segment of the Twin Cities office market. The area between 1st Avenue, 2nd Avenue, Target Center and the river in downtown Minneapolis has a heavy concentration of renovated historic buildings that attract creative, forward-thinking businesses — and the people they’re trying to hire. If you’re looking for office space in Minneapolis and want a location… Read More >

Perfect Fit: West End

Posted on April 22, 2015 by Peter Fitzgerald

Peter Fitzgerald, Senior Director at Cushman & Wakefield/NorthMarq, is a licensed Commercial Real Estate broker with more than a decade of experience. The West End development in St. Louis Park is arguably the strongest suburban office market in the Minneapolis/St. Paul area. The unique combination of housing, restaurants, retail – and a dense concentration of office space – makes it a genuine live/work/play location. If you’re looking for office space in Minneapolis but have only focused… Read More >

It’s Great To Be Back In Denver!

Posted on March 27, 2015 by Jim Simpson

I have a lot of awesome memories of Denver. For years, my buddies and I would make a 16-hour road trip from Minneapolis and go skiing in Colorado. (Vail was my favorite.) We always made time to sample Denver’s nightlife on the way, of course, and I remember thinking how cool it would be to live right out the back door of the Rockies. I actually came pretty close to staying when some guy offered me… Read More >

Odds Are, You’re Renting Too Much Space

Posted on March 24, 2015 by Jim Simpson

Commercial real estate has always been based on a lot of math and ratios and one of the ratios people used to talk about was 250:1. Office tenants used to think they needed about 250 square feet of space for each employee. No two tenants are exactly alike and office sizes and furniture styles are all over the map, of course. But when you added in conference rooms, break rooms, hallways and other “circulation” factors, office… Read More >

Don’t Pay Rent On Wasted Space

Posted on March 20, 2015 by Jim Simpson

I’ve had a lot of tenants in my buildings over the years and worked with some awfully smart business people but sometimes I’m amazed by how much money businesses will spend to create the appearance of “fun.” Ping pong tables are a great example. Walk through a few ad agencies and there’s a good chance you’ll see some ping pong tables, and I totally get it. Ping pong is a cheap game and a lot of… Read More >

Lower Rent May Be Hiding In The Shadows

Posted on March 18, 2015 by Jim Simpson

When office tenants sign on with a tenant broker, they take it for granted that their broker will be able to “see” all of the available properties on the market. In residential real estate, nearly all property listings, asking prices and sales prices are available to everybody all the time and tenants just assume commercial real estate works the same way. Not true. The MLS system that makes the residential world so customer-friendly doesn’t exist on… Read More >

Ignore “For Lease” Signs And Get A Better Deal

Posted on March 16, 2015 by Jim Simpson

As an owner of commercial real estate properties, I’ve talked to a lot of tenants over the years who tried to search for office space the same way they look for a new house by driving around. The MLS system on the residential side of the industry ensures that listing data is accessible to everybody all the time and is generally kept up to date. So, when you drive by a yard sign, you know that… Read More >

Direct Deals Can Save You a Lot of Money

Posted on March 12, 2015 by Jim Simpson

You haven’t used a stock broker since E*TRADE came along. You can’t remember the last time you called a travel agent. You buy your electronics on Amazon, found your spouse on Match, haven’t set foot in a bank lobby in years, and just booked your first ride through Uber. But the minute you question if a successful professional like you really needs two middlemen to close a basic office lease deal, you start to doubt yourself…. Read More >

Winter Hides Things Tenants Want to See

Posted on March 10, 2015 by Peter Fitzgerald

Looking for commercial real estate in Minnesota poses one challenge that is a non-issue in most other parts of the country — snowcover. Snow is pretty to look at but it can hide things you want to see before signing a lease. I remember one tenant who signed a lease in the middle of a brutal winter. Everything about the building checked out fine and he sailed through the LOI and signed the lease. Then the… Read More >

Up Close: Minneapolis Downtown East

Posted on March 5, 2015 by Pat Hagen

The eastern portion of downtown Minneapolis, particularly the Mill District near the Mississippi River, has undergone an amazing transformation in the past 20 years. Once home to abandoned grain elevators, an ocean of surface parking lots and not much else, the Mill District of Minneapolis is now a thriving residential area with a growing mix of restaurants and hotels to match. However, as dramatic as this change has been, it pales in comparison to what’s coming… Read More >

Speed, Space and the Millennial Generation

Posted on March 3, 2015 by Wendy Brostrom

An important milestone will be reached in 2015 that promises to have wide-ranging impacts on the employees you hire and the work environment they occupy. Sometime in the coming year, Baby Boomers will finally pass the baton as the Millennial Generation (a.k.a. Gen Y) becomes the largest segment of the U.S. workforce. At the risk of stereotyping an entire generation, Millennials are known to be tech-savvy, excellent team players and much more focused on work/life balance… Read More >

Up Close: Northeast Minneapolis

Posted on February 26, 2015 by Pat Hagen

If you’re looking for office space in Minneapolis, particularly in the central business district, you may want to cross the river and take a closer look at Northeast. A primarily blue-collar enclave that was on a slow decline a generation ago, Northeast Minneapolis has undergone a stunning renaissance in recent years and may be exactly what you — and your employees — are looking for. Since the mid-1990s, many vacant or chronically underutilized industrial properties have been redeveloped as office… Read More >

Flexibility Trumps Footage

Posted on February 23, 2015 by Wendy Brostrom

Most trend-watchers in HR seem to agree that contingent workforces (e.g., contractors, consultants, temporary staff) are on the rise while the percentage of U.S. workers who are permanent employees is shrinking. Red State/Blue State arguments aside, this shift has some very practical implications for businesses that lease office space: Remote workplaces Many consultants prefer to work from home and, in fact, you may need them to if you wish to avoid co-employment issues. (Your HR rep… Read More >

Multitasking Is A Myth

Posted on February 19, 2015 by Wendy Brostrom

I went to an HR conference recently and noticed something interesting. As expected, the agenda included sessions on comp, benefits, leadership development and all the other classic “HR nerd” topics. What I didn’t expect was the number of sessions related to the field of neuroscience, the study of the human nervous system. It seems the age of connectivity has created a playground for neuroscientists. At this very moment, teams of PhDs in lab coats all around… Read More >

Don’t Forget Your Renewal Rights

Posted on February 17, 2015 by Peter Fitzgerald

If you’re looking for office space, it’s always smart to have a real estate attorney review the lease before you sign it and renewal rights are one of the major reasons why. Tenants are often so focused on what happens Day One when they sign a lease that they forget to think about what happens years later when the lease expires. Remember, if you’re running a successful business and are in it for the long haul,… Read More >

You Want To Move When?

Posted on February 12, 2015 by Peni Roberts

For more than three decades, I’ve been helping organizations large and small manage their moves from one office building to another. It’s a lot of hard work and long hours and Murphy’s Law is always standing by. Over the years I’ve been rained on, snowed on, flooded out, cussed out and forced to plan around every type of utility company failure you can imagine. No two moves are exactly alike and “challenges” are inevitable. That said,… Read More >

Choosing Your Dream Interior Designer

Posted on February 10, 2015 by Weld Ransom

When your workplace environment complements the culture and rhythm of your business, wonderful things happen. That perfect combination of style, function and safety is at the heart of all great interior designs and its different for every company. The key is to select the right interior designer for the job. Whether or not they select my firm, I always tell prospective clients to consider four things when hiring an interior designer: Experience Look at the body… Read More >

It’s Not a Kitchen. It’s a “Communal Space.”

Posted on February 5, 2015 by Rick Siewert

My company has been around for nearly 50 years and has manufactured a lot of custom office furniture, particularly in the last 20 years. In that time, I have seen some definite trends in the way our clients are finishing off their spaces. It’s always fun to try to anticipate what clients are going to ask for next and staying on top of those trends makes me better at my job. In case you are planning… Read More >

It’s Never Too Early To Plan A Move

Posted on February 3, 2015 by Peni Roberts

My clients are ordinary people like anyone else. People have a tendency to put off to tomorrow what should really be done today and move planning is one of those tasks that clients love to ignore until the last possible minute. The trouble is, in my line of work, dragging your feet can have unpleasant consequences. Moving a business from one physical location to another is complex but that complexity can be managed as long as… Read More >

Wow. What A Week!

Posted on January 30, 2015 by Jim Simpson

This has been a huge week for the entire Crelow team. Ten months of hard work all came together for three days of milestones, meetings and high fives. Here’s the rundown: VIP Launch Party Tuesday afternoon, we gave 150+ of the top leasing representatives and property owners in the Minneapolis/St. Paul market a private tour of The party was a hit, we connected with the people who literally make this market and they offered encouragement,… Read More >

We’re Open For Business!

Posted on January 28, 2015 by Jim Simpson

Last night’s VIP Launch Party was a blast. We got to preview for the who’s who in commercial real estate including the top 150+ leasing reps and property owners in Minneapolis/St. Paul. Cushman, Colliers, CBRE, Transwestern, Frauenshuh, Wellington and many others were represented. It was the perfect way to celebrate ten months of hard work and gave us a chance to swap stories with the CRE professionals who will be using Crelow. A few hours… Read More >

I’m Not Just a Designer. I’m A Therapist

Posted on January 26, 2015 by Weld Ransom

The title on my business card and the sign above the door say that I am a commercial interior designer, and this is certainly true. I studied design in school, have long experience working in the industry and have the technical certifications that come with this profession. Some days, however, I am more of a therapist than a designer. Over the years, I’ve learned that the relationship between client and interior designer is rather unique. Most… Read More >

The End (of Your Lease) is Near!

Posted on January 23, 2015 by Peter Fitzgerald

Most tenants toss a copy of their lease in a drawer the day it’s signed and don’t think about it again until they are about six months from expiration. Big mistake. One of the worst things you can do as a tenant is to let your lease run down to within a few months of expiration without taking action. By doing this, you lose all leverage and paint your company into a corner – whether you… Read More >

Check Your Ego When Selecting Office Space

Posted on January 15, 2015 by Peter Fitzgerald

Arguably the most important consideration when selecting office space is branding. Just like your business, every building has a “brand” of its own and tells a story about the tenants that occupy it. Choose wisely and the synergy between your business brand and your office space can help your organization thrive. Choose poorly and you run the risk of damaging the brand you are working so hard to build. So, what is the secret to selecting… Read More >

What Are You Doing January 27?

Posted on January 13, 2015 by Jim Simpson

On Tuesday, Jan. 27, property owners and leasing representatives from the across the Minneapolis/St. Paul market will have an opportunity to see Crelow firsthand at our VIP Launch Party. We’ll provide a detailed demo of the site, explain how it all works and describe why Crelow creates a win-win-win for everyone involved. Attendees will be able to “stake their territory” in the Twin City metro area and get ready for the public launch of Crelow’s Deal Board… Read More >

Tenants, You Now Have an Alternative

Posted on January 8, 2015 by Jim Simpson

This is a big day for the Crelow team, and for businesses in need of office space. As of today, enables tenants to describe exactly what they are looking for in an office space and to share those specifications directly (and anonymously) with all property owners and leasing representatives in the market. We call it a Bid Request and, to our knowledge, no one has ever attempted to do commercial real estate like this before…. Read More >

Why Crelow?

Posted on February 26, 2015 by Jim Simpson

I’ve always thought there had to be a better way. Years of personal experience with commercial real estate triggered an idea, which led to a prototype, that was put in front of real, live office tenants with a simple question: Am I crazy or could this work? The overwhelming response was “yes” (that it could work, not that I’m crazy, though my wife would give you odds on that some days). Not only did the tenants… Read More >

Tour To Move