Renting Retail Space

Hawaii Commercial Real Estate – Retail Property In Hawaii Poised For A Strong Recovery

This past Friday, I presented our thoughts on the retail marketplace to 750 clients, colleagues and managers, at the Hawaii Convention Center.  At the end of my presentation, several of the questions that I received revolved around the question, “Do you expect vacancies to continue to increase with potential State furlows and economic stagnation.”  In preparing for the presentation we noted that overall sales are back on a positive trend starting in Q4 of 2009.  We believe that the consumer wants to spend wherever possible.

This great recession is not like others that we have experienced here in the State of Hawaii.  In past recessions, we have gotten caught with a decline in sales and a surplus of shopping center and retail property available.  At the end of 2009, the vacancy rate for retail properties in Hawaii was at 3.47%, probably the lowest rate of any major city in the United States.  There are virtually no new developments under construction that will be delivered and ready for occupancy and leasing in the year 2010.  Projects are planned for the beginning of 2011/2012 and/or have been canceled.

With no new threat of supply, we believe many retailers have hung on to the worst part of the down cycle by using savings, credit lines where applicable, and hoping for a better day.  With an up-tick in sales, and a projected increase in sales 2010 over 2009, many of these retailers will be back to profitability during 2010 and 2011.  Because of the lack of supply of available space, we believe that we will actually miss any decline in rents in retail and shopping center properties here in the State of Hawaii.

Visit for more info: www.markbratton.com

Organised Retail Drives Gurgaon Real Estate

Organised retailing has become a key driver for real estate development in Gurgaon. The city now is fast progressing beyond simply providing air-conditioned space for shoppers to make their purchases. Speciality malls have now become destination points for shopping during specific occasions such as wedding and festivals.

Real estate developers are coming up with specialized malls that cater to customers that visit these malls for a specific product. Initially, developers preferred M.G. Road for setting up shopping malls but now with the growth of other areas have given opportunities to developers to explore new avenues such as Sohna Road, Golf Course Road and Palam Vihar. This clustering of retail options in an area accessible easily from the airport has resulted in a large number of real estate developers investing in the creation of hotel space in the city ahead of the Commonwealth Games 2010.

Quality of life in the privately managed residential properties in Gurgaon remains relatively good due to high standards of security, private parking, common area maintenance and sanitation being the norm.  The plots in South City-I are being purchased by individuals who want to construct single homes.

Nirvana, a project launched by Unitech was one that remained promising for a long time. Its turning point came when once the sample apartment was ready; the developer announced that power back-up would be provided for even standalone villas and townhouses. This was one move which swung the market and the prices escalated within a space of a few weeks.

A combination of all these factors has made locating and re-location to suburbs an optimum choice for corporates.

According to the new Master plan Gurgaon is stretching its boundaries to Manesar and it will be the new area for real estate development. Many builders have started acquiring lands in Gurgaon Manesar Expressway to develop townships. The new industrial areas have been proposed along the express highway adjacent to IMT Manesar and a metro line has also been proposed, which will terminate at Manesar Village.

For more details on Gurgaon Properties, log on to magicbricks.com

Tools: Should You Buy or Rent?

I have been called a tool freak, on more than one occasion. Anytime I walk into a hardware store, like Home Depot, my wife cringes at the thought of what I might buy next. When I see a new tool I don’t have, I want it, and realistically I don’t need it. There are tools in my garage that I have never used. It pays to look at alternative options and renting would seem to be the most logical solution to my over consumption.

Next time you pick up a cool new tool at the hardware store ask yourself, when will I use this tool? Will I need it with-in the next 6 months? If the answer is no then you may want to consider renting one instead. Renting has many cost saving advantages. You only pay for the tool when you need it at a fraction of the retail price. You don’t have to worry about storing the tool afterwards, which frees up space in your garage or basement. You don’t have to worry about protecting it with added warranties or insurance. In essence what renting provides you, along with cost savings, is peace of mind. When you are finished with the tool you rented, you actually pass all those worries back to the rental store, leaving your garage and life as uncluttered as possible.

The Home Depot actually has an amazing policy where you can rent most of the tools they sell. Later, if you decide to purchase that same tool they will deduct your cost to rent from the purchase price. This allows you to try the tool before you buy. How many times have we all purchased a tool that wasn’t even the right tool for the job? What do you do? You can’t return most tools after opening the package. So maybe you use a tool that isn’t quite right. Maybe the job you are doing doesn’t turn out quite right as a result. Remember that spice rack Homer Simpson built for Marge with a chain saw? Yeah, enough said.

I now know the chances of coming out ahead with renting is far greater than that of needlessly purchasing tools I will use only once or even a few times. Rentcharlie.com makes finding a rental store, in your area, with all the tools you could possibly need to rent fast and easy. So, before making another major tool purchase ask yourself how often you will use this tool and consider the option of renting.

Looking For Flats To Rent In Linlithgow?

Trawl the Internet for rental flats in Linlithgow, and use the web to find as much about the town as you can before you move. And if you sign up with various estate agents’ websites, you can receive details of flats in Linlithgow as soon as they come on to the rental market.

As with leasing a home anywhere else, if you’re looking at flats to rent in Linlithgow, decide early on what your budget is, where in the town you want to be, and how much space you need. Arrive early for viewings, so you can get a feel for the area immediately surrounding your prospective new home. And don’t forget to ask if any bills are included in the rental price.

Studio flats to rent in Linlithgow are available from under £400 a month, a one-bedroom flat might cost between £425 and £450 a month, and even two-bedroom flats can be found for less than £500 a month. Of course, as with renting a home anywhere else, rents fluctuate depending how near the centre of town you are, and whether you are taking a property furnished or unfurnished.

As you would expect from such a great place to live, if you’re looking for flats to rent in Linlithgow, demand for rental properties is high. But the range of flats and houses is wide – from grand stone buildings of the seventeenth, eighteenth and nineteenth centuries to new developments. It’s also possible to live very centrally – even in the High Street itself.

This town has undergone extraordinary growth since the mid 1960s, when its population was around 2500. Today, however, the population is still under 14,000, and the area retains a strong sense of community. After all, the patron saint is St Michael and the town’s motto is ‘St Michael is Kind to Strangers’!

But Linlithgow is perhaps best known for its famous palace, the birthplace of Mary Queen of Scots and James V. You can visit these well-preserved ruins today, in their picturesque loch-side setting, and the grounds are a popular place for picnics.

Road and rail links with Edinburgh, Stirling, Glasgow and indeed all of Central Scotland are excellent. With Edinburgh just 20 miles away to the east, it’s a straightforward commute to the Scottish capital. Local schools are also of a high standard – the prestigious Linlithgow Academy, for example, is a local high school with a strong academic track record.

Nearby Linlithgow Loch is a site of special scientific interest, thanks to its wildfowl life, and there are many opportunities for sporting and other outdoor activities. Linlithgow is known for its extensive park areas – so there’s plenty of breathing space and room to play. The town also has a new swimming pool and leisure centre.

Linlithgow has a modern outlook, while also celebrating its rich history and traditions. Supermarkets exist side by side with thriving local retailers in the recently renovated town centre, a thriving commercial hub. And, while there is easy access to the M8 and M9, there’s also plenty of green belt land to the south and east.

How To Start A Retail Clothing Store

Owning a retail clothing store can be a great way to sell your own designs, fashions from other designers or a combination of both. If you have a flair for style or you can help others create an image that they are looking for, you can have a steady stream of repeat customers and referrals lining up at your door.

Owning a retail clothing store is much different than just selling clothes. Whether it is merchandising classes, a previous retailing job, volunteer activities or assisting others in the retail field – the more experience you have when opening your own retail store, the better.

The first step is to decide on a specific niche market you want to sell to. Do not try to make everyone your customer. Choose a specific market and offer products exclusively for those customers (i.e. Tennis apparel, second hand store for kids, Halloween costumes, etc). Ideally, you want to represent a niche in your local are that is not yet represented. Also offer a unique benefit that you can give your customers that other stores do not offer. This will attract more customers to your store.

Second, you want to write a business plan for your store. If you do not want to hire someone to write your plan, you can download business plan software or templates and write it yourself fairly easily. You can also find free sample business plans online from other retail stores that will give you an idea of how to put together your own plan. A business plan is also essential for obtaining any financing yo may need.

Third, deal with the paperwork, including finances, tax and insurance. Decide on a business name and register it with the County Clerks Office. You can contact your local city or county government office to find out which licenses and permits you need. You can often find this information online at the city or county website, with downloadable documents and instructions.

Get a business tax id from the IRS. Open a business bank account to keep your personal and business finances separate. Meet with an insurance agent to discuss your insurance requirements and options. You can also get free quotes and information online.

Talk with a tax accountant about tax deductions and how you want to handle accounting for your business. If you decide to do your own bookkeeping, make your job easier with basic accounting software you can pick up at Amazon.

Fourth, choose a location for your shop. Look at several locations including local zoning and other regulations that may apply. Will the location bring in enough foot traffic to cover the rent – and does the area offer future growth potential? Is there enough floor space and storage for both products and customers, and is there plenty of parking space for shoppers?

Fifth, but most importantly, you want to get customers. You can advertise in a variety of different ways. While keeping your ads simple, you want them to grab attention and provide quality information about your merchandise or store events. Focus on what makes you different from other stores – plus give people a reason to come see (and buy from) you.

If you want to save on business expenses, you can submit a press release to your local newspaper announcing the opening of your retail store. Schedule an open house party, fashion show, guest designer or sale to get the word out. Press releases can take very little time and can get you free advertising in the paper instead of having to pay for an ad.

When in doubt, consult a professional! By that, I mean get a business start-up guide at your local library or bookstore. This step-by-step guidance is cheap for the knowledge you can receive. Alternatively, you may want to persuade a noncompeting store owner to answer your questions while you take him or her to lunch. The insight you receive can be invaluable.

Atlanta Office Space Rentals

The city of Atlanta attracts a high number of tourists. It is ranked as the thirteenth most visited city for travelers. The city features a great number of attractions and tours throughout the area. It houses the world’s largest indoor aquarium, the Georgia Aquarium. It also attracts many people due to popularity of Underground Atlanta, a well-publicized shopping experience, and many festivals and events in the area.

Renting an office space in Atlanta Georgia can be a great move for any company looking to expand their business.The city of Atlanta is the capital of the state of Georgia and houses the largest population of the state as well. The estimated population of the city center is roughly, 537,958 in its core and upwards of 5.5 million people in the greater metropolitan area. The area has seen a great growth over the past decade and has been touted as the second fast growing area in the United States behind Dallas-Fort Worth, Texas. With roughly 1 million new residents added between 2000 and 2008, the area is quite the sprawling metropolis, and interesting place to live, work, and play.

The office vacancy rate in the greater Atlanta area is nearly 20% and has seen hard times in regards to filling the spaces. With so many options open to businesses looking to develop and grow, the area has some low cost options that any size business can afford. IN a recent survey of warehouse spaces, the price ranged from $1 a square foot for 1,000 square feet, and far less for larger spaces, with many amenities attached including utilities and some with retail adjacent offices and much more. The area has started to bounce back in recent months, but still has a high level of vacancies in the area.

There are roughly 17 cities near Atlanta, Georgia within 10 miles of the metropolitan and core center. Some of the cities include, Decatur, Druid Hills, Scottdale, Conley, Clarkston, Cumberland, Dunaire, Hapeville, and Tuxedo. There are roughly 17 cities within a 10-mile radius of the city.

Why Buy From an Online Wine Retailer?

When it comes to buying wine there’s a lot of choice out there, with supermarkets, independent wine shops, wine mail order companies and online wine retailers all vying for a share of the market. A few decades ago it was far simpler, with the local wine merchant the only place to consider. Then came supermarkets, and more recently still the Internet has shifted things once again. Recent reports are beginning to suggest that the High Street has seen its heyday, in favour of the Internet. So why is this? Well, when you consider the advantages of buying wine online, it’s not hard to see why.

Online wine retailers have the advantage that they don’t incur many of the costs (such as rent, heating, lighting and shop floor staff) experienced by traditional wine merchants, meaning that they can offer you cheaper wine. Similarly, whereas a high street wine shop or a supermarket may be restricted by shelf space when it comes to displaying wines, online wine retailers don’t have that problem. This means a far greater choice of wine for you.

One of the key things that sets Internet wine retailers apart from traditional wine merchants is the fact that you can buy wine from the comfort of your armchair. With no parking hassles, car journeys or closing times to work around, you’ve got total freedom and flexibility to buy wine when it suits you best. And once you’ve ordered you wines, you don’t have to move an inch to receive them. Online wine retailers pride themselves on wine delivery direct to your door, so forget the heavy trolleys and cars to unload.

A drawback with high street wine merchants is that when you find yourself in a small, intimidating environment you are more likely to be pressurised into buying something you don’t really want. Buy wine direct from an online wine retailer however and you won’t feel this uneasiness. Simply spend as long as you need browsing and researching the wines in your own time, knowing that help is there should you need it.

Online wine retailers also have the advantage that they can more easily tailor the shopping experience to your tastes and preferences. So whilst you’ll be faced with rows and rows of wines to look through at your local supermarket or wine shop, with an online wine store you can usually very quickly filter out the wines that you dislike. More sophisticated websites often tailor what you see to your preferences, or encourage you to sign up to emails that are based around the type of wines that you are likely to be interested in.

Finally, it’s worth considering the quality of the wine. Internet wine merchants are unlikely to be swayed by the producer’s buying influence in the marketplace, as shelf space isn’t an issue. So instead of big branded mass-produced wines which tend to line the shelves of the supermarkets, Internet wine retailers are likely to look beyond the purchasing power, which leads to a greater selection of more original wines for you.

Admittedly, it has not all been plain sailing with the Internet, with consumer concerns about online security and limited take up in the early years. But with developments in technology quickly overcoming these barriers, it’s not hard to see why more and more consumers are fleeing the high streets in favour of online shopping. Virgin Wines is one example of an online wine retailer that has benefited from this trend, with an enormous sales growth in recent years. To find out more, visit our site.

Ab Retail To Rope In Investor

Kumar Mangalam Birla’s retail venture, Aditya Birla Retail, is reportedly open to roping in a financial investor to fund its expansion plans. Even though the company declined comment, it is learnt from sources that the firm is not averse to diluting its equity by about 10% to a sleeping partner. However, it would rather wait for more clarity on the regulatory front with respect to such investments.

Given the rate at which Aditya Birla Retail is expanding, funding will be an important factor especially with the rising rentals in the realty market, industry sources said. Aditya Birla Retail operates supermarkets under the ‘more’ brand and hypermarkets under the ‘more. Megastore’ brand across the country.

It is opening its sixth megastore in Thane (the first in Mumbai/Thane) on Thursday. With 632 supermarkets and 5 hypermarkets under its wings, Aditya Birla Retail is gradually moving ahead with its expansion plans, even as it continues to identify and shut down unviable stores.

‘‘We may close down 40-50 stores which we feel are not viable. However, this year we would also be adding around 48 more stores as part of our expansion drive,” Thomas Varghese, CEO, Aditya Birla Retail told TOI.

According to Varghese, this year is critical for all the company’s stores from the profitability point of view.

Courtesy:- TOI dt:-11-Mar-2010

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Top Areas To Rent Commercial Property In Adelaide

Adelaide is one of the premier cities to host wonderful commercial properties to rent in South Australia.  Many investors have come this way to begin investing in these properties.  Before purchasing or renting a property, there are various factors that one needs to have in mind.  Buildings need to have a beautiful interior and exterior as this will attract both buyers and renters.  The entrance of the building is also incredibly important as this will be a customer’s first impression of the business.  One wants to feel comfortable and at home as well as slightly impressed.  However, renting is not all about the aesthetic of the building.

Buildings need to be practical for everyone from the property renters to the clients walking in.  How is everyone supposed to get there?  Is there ample transportation?  Is there undercover parking or on-street parking readily available?  What are the views like?  How is the surrounding area?  Are there restaurants and shops around the building?  One needs to ask themselves these questions as the surrounding area will help tremendously to entertain business clients and for them to arrive easily without hassle.  Below you will find some of the best areas in Adelaide to rent commercial properties.

Rent in the Heart of Adelaide

In the heart of Adelaide, you will find numerous commercial properties that you can rent.  These buildings are in a great location because they are close to numerous forms of transportation such as taxis and buses, as well as offering phenomenal views of the surrounding area.  Some of these views include the surrounding mountain’s natural landscape, cathedrals and cricket grounds.

The Centre of the Central Business and Banking Districts

When you need a flourishing business, placing your offices in the middle of the Central Business and Banking Districts is a great idea.  From many buildings there will be a great naturalistic view of the coast and the hills.  There is major retail shops located all around Adelaide’s centre.  Being in the midst of a highly cultured city, there are many entertainment hot spots located around this area which is great in the event that you must entertain business guests.  There are also many attractions in the Adelaide area which can be easily reached by walking like the River Torrens, the Museum, the Rundle Mall, the Adelaide Convention Centre, the Adelaide Festival Centre, the Art Gallery, the Adelaide Central Markets and the Adelaide Oval.

Make sure you do your research.  The more you know about commercial property renting, the better a decision you will make in your rental commitment.  The aesthetic appeal of the building is not the only factor to be considered when one invests in commercial property.  Renters need to think about their clientele. They need to resolve all of the problems that their customers may face like arriving and leaving the offices and ample parking.  So, start searching these fantastic areas in Adelaide for renting commercial properties!

Looking For The Ideal Commercial Office Space In San Diego?

Looking for the ideal commercial office space to rent that suits your business needs is a long and tiresome process.  As the Great Recession has continued to get worse, it’s become a necessity for any business, consulting firm or phone center to find the optimum office space.  Officespaceheaven.com provides a free service and we have a proven track record to help you succeed with your search.  The second largest city in the state of California (second only to Los Angeles) is San Diego.  Located in the southern part of the state, San Diego is one of the most unique cities culturally and aesthetically. It is located on the West coast and has many miles of beaches, garnering a lot of attention from tourists and residents alike.  Areas in the San Diego region that we service are Oceanside, Point Loma, Rancho Bernardo, San Marcos, San Carlos, Santee, Solano Beach, Sorrento Valley and Vista. We also have office space for rent in Los Angeles, Las Vegas, Phoenix, and Orange County.

Office Space Rates:

The economy of San Diego hinges on military, tourism, manufacturing, agriculture and the service industry. The city offers a great amount of opportunity to further your lifestyle with ease. The city of San Diego gives back to the community in terms of commercial real estate developments as well as office space of all types. In a recent search through vacancies in the greater San Diego area, results yielded small office spaces starting at around $1.50 a square foot, and for larger spaces for 1,000 square feet and above starting at under $1 a square foot.  Many will find these rental rates for office space in San Diego to be extremely enticing.  You will find a great deal of opportunities to grow and develop your small business in the greater San Diego area.  Office space in San Diego include warehouse space, retail centers, executive suites, full service offices and furnished suites. Despite so many options and many different industries calling San Diego home, the unemployment rate was recently upwards of 10% but has since started to decline as the economy starts to shift. You’ll find that San Diego is a great place to chase your career goals.  We have an in depth office space article resource if you want to read up on your local commercial market – about pricing, rental news, etc.

San Diego News:

San Diego has a population of 1,279,329 and continues to grow as people continue to flock to the area. The city has been touted as being the best place to live by Money Magazine in 2006.  It has also been ranked the fifth wealthiest city in the United States by Forbes Magazine. Higher education is an important factor to considering San Diego. Those looking to take advantage of the higher education in the area will find many options ranging from small private colleges to larger universities.  The colleges in San Diego that call the city home include San Diego Mesa College, Point Loma Nazarene University, University of San Diego, The Art Institute of San Diego, Pacific College and so many others to take your learning to an all new level. You will find it challenging to learn and yet have a great backdrop to take breaks in. The city has a close proximity to Mexico’s border and many students find that attractive for their spring break options.

San Diego Culture:

The culture of San Diego hinges greatly on its roots as a Spanish colony. It has deep roots and ties with Mexico as well which creates a distinct array of cuisine, art and so much more. You will find that the area has a lot of things to explore. San Diego is also the home to many sports teams, and is the home of the Holiday Bowl and the Poinsettia Bowl. The city has a lot of great things to explore and it is a great place to live, learn, work and play. You’ll be hard pressed to find another city with so much to offer in the southern California region.  Visit our San Diego webpage dedicated to commercial office space.  We provide listings and solutions to your real estate questions.  We offer a free service and will search and find the office space in San Diego that you are looking for.