Undeniable expertise. How Trilogy CRE has achieved continuous growth alongside client success.

In this edition of the OfficeSpace.com blog, we turn the spotlight on a real estate professional who has found that commanding market share and growing his business go hand in hand. We’re excited to showcase a remarkable tenant rep broker who has harnessed the power of Lead Connect to supercharge their real estate business. Through his dedication to every lead, Matt has not only grown his business but also transformed the way businesses, large and small, find their perfect commercial space in Arizona.

Join us as we delve into Matt’s success and explore how he has built a powerful business uniquely poised to grow and expand, even amidst the challenges of today’s commercial real estate markets.

Meet Matt Bustamante

Meet Matt Bustamante – owner of Maricopa County, AZ-based Trilogy CRE

Matt has been serving Phoenix, AZ, and beyond for the last 20 years, building his business by focusing on delivering outstanding service to every client, every time. It goes without saying that after 20 years, he has a long list of repeat customers, and the referrals continue to roll in, but in the midst of the challenging economic times of the past few years, his business has continued to grow rather than falter. I connected with Matt to discuss how he has navigated these challenges and learn more about how he has built one of the most powerful tenant representation businesses in Arizona.


Matt is a long-time Lead Connect customer, receiving inbound tenant rep leads from OfficeSpace.com in Maricopa County that he and his team of specialized brokers help in their “search, selection, negotiation, and occupancy of retail, office, and industrial space in the Phoenix Metro area.”

“I’ve been with you guys for three years now…[before], I was dumping thousands of dollars a month into advertising, and I was getting some leads from it, but then, that’s when I discovered [OfficeSpace].” 

Matt continues, “So I figured I’m spending a couple thousand dollars a month, even on the low end in the beginning, on advertising. Or I can spend [my advertising dollars differently] over here and get a better result. And you guys already had the SEO down, and that’s where I was lacking. So, instead of me funneling leads to other people and then taking a cut from them, I was just pursuing them myself.”

To clarify Matt’s comments – a subscription to Lead Connect starts at only $199/mo and, in most cases, is much more cost-effective than traditional lead generation or targeted advertising services in commercial real estate. Even better, Lead Connect delivers leads in real-time helping successful brokers like Matt engage leads in their markets faster.


All successful CRE pros know that inbound leads are essential for growing business alongside referrals and return customers and that often owning these leads is the key to success. I asked Matt how OfficeSpace.com has played a part in growing his business and his lead pipeline.

“Honestly, it came down to the volume of leads. I wasn’t able to obtain [more leads] without spending even more money to obtain the same amount of leads that you guys could give me.” Matt explains further, “So I just took them all in-house and just revamped everything. I realized I can do it better myself, so I just decided to work 20 to 30 hours more than I was already working to make sure that everything was handled properly.” 

Matt hits home that his focus is bringing the same level of dedicated service to every client is the foundation of his success. Being the exclusive tenant rep broker in Maricopa County has allowed him to grow his team and establish Trilogy CRE as the undeniable expert in the area.

“I just came to a decision, once I was going to get the entire territory exclusively, I would bring everybody in-house.  This would allow me to work with and further educate my team on the importance of customer service and refine the more intricate aspects of tenant representation.”


We continue discussing the growth of Trilogy CRE and how Matt has leveraged OfficeSpace.com to support his fast-growing business. “At first, the business from OfficeSpace was about a third of my total business. Now, I’m getting referrals from those clients that closed from OfficeSpace. These additional referrals aren’t directly attributable to OfficeSpace, but extremely valuable to our success.” He adds, “I’m a numbers guy. I look at where everything’s coming from, and it’s important. How do you grow if you don’t know where you come from, right?”

Continuing to discuss Lead Connect and how Matt utilizes the inbound leads, he says, “There’s a lot of value to what you guys bring. So, I just figured instead of trying to reinvent the wheel, I’ll just run with what you guys have because that’s what I was trying to do.”


To wrap up our conversation, I asked Matt what he feels is the most significant opportunity of being in the tenant rep space.

Without skipping a beat, he dives in, “That’s easy for me. First of all, you can’t be good at everything. I started out almost 20 years ago, primarily representing small mom-and-pop businesses, which continue to remain important to my success. These businesses are crucial to our economy and local communities.  These relationships built the foundation on which Trilogy has grown into national tenant representation for companies both small and large.  To this day, I have never represented a landlord.” He adds that he refers this business to earn income from the referrals rather than trying to spread his focus outside his expertise. “[This] allows me to concentrate on doing what I love and what I do best, which is tenant rep. “


By serving clients large and small, Matt confidently closes more deals than there are weeks in a year, and that number is growing as he continues to scale Trilogy CRE. He closes by stating, “Lead Connect has doubled the volume of leads that I have coming in from my existing personal book of business.”


At OfficeSpace.com, we’re proud to deliver valuable leads to commercial real estate professionals. Tenant rep brokers like Matt Bustamante are a testament to the necessity of tenant representation for businesses large and small. Matt has used his experience, along with inbound leads from OfficeSpace.com, to expand his reach and ensure he delivers the best client experience to Maricopa County and beyond. 


You can learn more about Matt and Trilogy CRE by visiting their website here – www.TrilogyCRE.com. 


Want to learn more about Lead Connect?

Are you looking to grow your inbound lead pipeline and become a trusted expert in your market? Learn more about Lead Connect from OfficeSpace.com here, or reach out to our team to get started.

OfficeSpace.com partners with Lendio to make capital more accessible for small businesses.

According to the Small Business Administration (SBA), 99.9% of businesses in the United States are small businesses. This means that there are over 33 million small businesses in the US. Small businesses are defined as businesses with fewer than 500 employees.

Small businesses play a vital role in the US economy. They create jobs, drive innovation, and boost economic growth. In fact, small businesses employ around 61.7 million workers, making up almost half of all employees in the U.S.

However, small businesses also face many challenges. One of the biggest challenges is access to capital, which leads to many of them failing. Small businesses sometimes don’t have the collateral or credit history to qualify for traditional bank loans. This can make it difficult to finance growth, expansion, or survival. The world of commercial real estate and small business financing is complex and many small businesses seek trusted partners to help guide them towards their goals.

OfficeSpace.com and Lendio: providing support to small business growth.

OfficeSpace.com has a long-time partnership with Lendio, a leading small business loan marketplace. Whether you’re searching for your first commercial space or looking to expand your business, OfficeSpace.com.com and Lendio are here to support your success.

Who is Lendio?

Lendio is a small business loan marketplace, with a large network of highly-vetted lenders and financial products. With a single free application, you can compare loan products and lenders, and get custom funding offers suited to your business needs. Applying with Lendio does not hurt your credit score, and is obligation free. 

When you apply through Lendio, you’re assigned a dedicated personal funding manager who will ask about your needs, walk you through different loan options, and help you choose the perfect small business loan.

You won’t have to deal with brokers, banks, or convoluted financial jargon. Lendio keeps it simple so you can make informed decisions and find financing fast.

Why OfficeSpace.com chose Lendio

With over a decade of experience in small business lending and 20,000+ TrustPilot reviews, small business owners trust Lendio with their business financing needs. Lendio has helped secure capital for over 350,000 small businesses just like yours.

What financial products are available with Lendio?

Whether you’re looking to fund your next commercial office space, or something else related to expanding your business, Lendio can match you to the right lenders and help you compare offers.

 These are the most common financial products small business owners choose with Lendio:

  • SBA Loan
  • Business Line of Credit
  • Business Term Loan
  • Business Cash Advance
  • Accounts Receivable Financing
  • Equipment Financing
  • Commercial Mortgage


How do I get started?

Click here to get started with your application. Lendio’s in-house customer support team is available to help with any questions you may have throughout the process.

Learn more about Lendio here: www.lendio.com

A guide to navigating business financing. Small business loans simplified.

Starting or running a small business is a big undertaking, but it can also be incredibly rewarding. However, one of the biggest challenges that small business owners face is financing. Whether you need money to start your business, expand your operations, or purchase equipment, there are a variety of financing options available to you.

The right financing option for you will depend on your specific needs and circumstances. For example, if you are a first-time entrepreneur with limited collateral, you may need to consider a government-backed loan or a microloan. If you have a good credit score and a solid business plan, you may be able to get a traditional bank loan. You may also want to consider alternative financing options, such as peer-to-peer lending or crowdfunding.

It is important to compare different financing options before you choose one. Consider the interest rate, the repayment terms, and the fees associated with each option. You should also make sure that you understand the terms and conditions of the loan before you sign anything.

There are a few things you can do to increase your chances of getting approved for financing. First, make sure that you have a strong business plan. This will show lenders that you have a viable business and that you are a good risk. Second, have good credit. A good credit score will make you more attractive to lenders. Finally, be prepared to provide collateral. Collateral is something of value that you can pledge to the lender if you default on the loan.

Whether you are a small business owner who is leasing or owning your commercial space, there are a number of different types of small business loans that can help you finance your office needs. Here is a more detailed overview of some of the most common types of small business loans:

Types of Small Business Loans

SBA Loan

The Small Business Administration (SBA) offers a variety of loan programs to small businesses, including loans for real estate, equipment, and working capital. SBA loans are typically easier to get than traditional bank loans, and they often have lower interest rates.

The most common SBA loan program for financing office space is the SBA 7(a) loan. This loan can be used to purchase or lease commercial real estate, as well as to purchase equipment and other business assets. SBA 7(a) loans have a maximum loan amount of $5 million, and they can be repaid over a term of up to 25 years.

To qualify for an SBA 7(a) loan, your business must meet certain requirements, such as having a good credit score and a sound business plan. You will also need to make a down payment of at least 10% of the loan amount.

Some examples of situations when a small business might consider an SBA loan:

  • To purchase a commercial building.
  • To lease a commercial space.
  • To renovate a commercial space.
  • To purchase equipment for their office.
  • To cover the cost of moving into a new office space.

OfficeSpace.com partners with Lendio to provide you with business financing options. 

OfficeSpace.com has a long-time partnership with Lendio, the nation’s leading small business loan marketplace. Whether you’re searching for your first commercial space or looking to expand your business, OfficeSpace.com.com and Lendio are here to support your success.

Lendio is a small business loan marketplace, with an extensive network of highly-vetted lenders and financial products. With a single free application, you can compare loan offers and choose the right financing for your business. You won’t have to deal with brokers, banks, or convoluted financial jargon. Lendio keeps it simple so you can make informed decisions and find financing fast.

Click to learn more about business financing options with Lendio.

Business line of credit

A business line of credit is a revolving loan that you can use as needed. This type of loan is ideal for businesses that need access to short-term financing for things like unexpected expenses or seasonal fluctuations in sales.

Business lines of credit typically have a credit limit, which is the maximum amount of money you can borrow. You only pay interest on the money you actually borrow, and you can repay it at any time.

Here are some situations when a small business might consider a business line of credit:

  • To cover unexpected expenses, such as a sudden increase in rent or utilities.
  • To meet seasonal fluctuations in sales.
  • To finance a short-term project, such as remodeling their office space.


Business Term Loan

A business term loan is a fixed-rate loan that you repay over a set period of time. This type of loan is ideal for businesses that need to finance a major purchase, such as equipment or real estate.

Business term loans typically have a longer repayment term than business lines of credit, such as 5 to 10 years. They also have a fixed interest rate, which means that your monthly payments will be the same each month.

Here are some situations when a small business might consider a business term loan to finance commercial space:

  • To purchase commercial real estate.
  • To purchase equipment for their office.
  • To finance a renovation of their office space.


Business Cash Advance

A business cash advance is a short-term loan that is typically repaid within a few weeks or months. This type of loan is often used to cover unexpected expenses or to meet payroll.

Business cash advances typically have high interest rates and fees, so they should only be used as a last resort.

Here are some situations when a small business might consider a business cash advance:

  • To cover unexpected expenses, such as a sudden increase in rent or utilities.
  • To meet payroll if there is a delay in receiving payments from customers.
  • To finance a short-term project, such as remodeling their office space.

Accounts Receivable Financing

Accounts receivable financing is a type of loan that uses your unpaid invoices as collateral. This type of loan can be a good option for businesses that have a lot of outstanding invoices.

With accounts receivable financing, the lender will advance you a percentage of the value of your invoices. You will then repay the loan, plus interest, as your customers pay their invoices.

Here are some situations when a small business might consider accounts receivable financing:

  • To cover a temporary cash flow shortage.
  • To finance a purchase of inventory or equipment.
  • To meet payroll if there is a delay in receiving payments from customers.

Equipment Financing

Equipment financing is a type of loan that is used to purchase equipment. This type of loan can be a good option for businesses that need to upgrade or replace their equipment.

Equipment financing typically has a term of 3 to 5 years. The interest rate will depend on your credit score and the type of equipment you are financing.

Here are some situations when a small business might consider equipment financing:

  • To purchase new office furniture.
  • To purchase new computers or other electronic equipment.
  • To purchase machinery or equipment for their manufacturing or production process.

Commercial Mortgage

A commercial mortgage is a loan that is used to purchase or refinance commercial real estate. This type of loan is typically for a longer term than other types of small business loans, such as 10 to 20 years.

Commercial mortgages typically have a fixed interest rate, which means that your monthly payments will be the same each month.

Here are some situations when a small business might consider a commercial mortgage to grow or expand operations:

  • To purchase a commercial building.
  • To refinance an existing commercial mortgage.
  • To expand their office space.


When choosing a small business loan, it is important to consider your specific needs and circumstances. Some factors to consider include the amount of money you need, the length of time you need the money, and the interest rate. You should also compare the terms and conditions of different loans before you choose one.

If you are a small business owner who is considering financing your office space, it is important to talk to a lender to learn more about the different types of loans that are available. A lender can help you determine which type of loan is right for your business and can help you get the financing you need to grow your business.

Here are some additional tips for small business owners who are considering financing their office space:

  • Do your research. Before you apply for a loan, it is important to do your research and understand the different types of loans that are available. You should also compare the terms and conditions of different loans before you choose one.
  • Get pre-approved. Getting pre-approved for a loan can give you a better idea of how much money you can borrow and what the terms of the loan will be. This can help you negotiate better terms with the lender.
  • Have a good credit score. A good credit score will make it easier to get a loan and will get you better terms.
  • Prepare a strong business plan. A strong business plan will show the lender that you have a viable business and that you are a good risk.


By following these tips, you can increase your chances of getting the financing you need to finance your office space and grow your business.


When to Use Financing to Expand Your Business – Balancing opportunity cost and risk.

As a business owner, you know that growth is essential for success. But expanding your business can be expensive, and you may not have the cash on hand to cover the costs. That’s where financing can come in.

There are a number of factors to consider when deciding whether or not to use financing to expand your business. One is the opportunity cost of expanding. In other words, what are you giving up by not taking on debt? This could include future profits, market share, or even the ability to stay competitive.

For example, if you don’t expand your business, you may lose market share to your competitors. Or, you may not be able to keep up with the latest trends and technologies. In these cases, the opportunity cost of not expanding could be significant.

Another important consideration is the current state of your business. If your business is profitable and has a strong financial foundation, then financing may be a good option. However, if your business is struggling, then taking on new or additional debt is likely a high-risk decision.

Looking to buy instead of lease? A commercial mortgage can be used for many kinds of property, including warehouses, offices, apartment complexes, stores, and restaurants. And the scope extends beyond just purchasing a property. You can also use this type of financing for new construction, renovating an outdated structure, removing yourself from a lease, or refinancing for a better repayment term. Learn more about commercial mortgages here: 10 Considerations When Shopping for a Commercial Mortgage

If you determine that taking on debt to expand your business is the correct move, there are several different types of financing available. Remember, each business is different – it is crucial to evaluate your needs and expectations. Always consult a financial expert and conduct the appropriate research before making any financial decisions for your business.

Bank loans

Bank loans are a traditional form of financing that can be used to finance a variety of business expenses, including leasing a new space.

SBA loans

The Small Business Administration (SBA) offers a variety of loan programs that can be used to finance business expansion.

Venture capital

Venture capital is a form of equity financing that can be used to fund high-growth businesses.

Once you’ve chosen a type of financing, you’ll need to negotiate the terms of the loan. This includes the interest rate, the repayment schedule, and any collateral requirements.

Taking on debt comes with many risks. If you’re not able to repay the loan, you could lose your business. That’s why it’s important to carefully consider the risks and rewards before taking on financing to expand your business. 

If you’re not sure what types of financing you might be eligible for, Lendio gives you access to small business loan options from 75+ lenders. Lendio is a marketplace that shows you all of your loan options in one place. 

The opportunity cost of business expansion 

When you expand your business, you are investing in the future of your company. However, there is always the opportunity cost of expanding. In other words, what are you giving up by taking on debt and expanding your business?

Some of the potential opportunity costs of expanding your business include:

Future profits

If you take on debt to expand your business, you will have to make loan payments. This can reduce your profits in the short-term.

Market share

If you don’t expand your business, you may lose market share to your competitors.

Ability to stay competitive

If you are unable to expand your business, you may not be able to keep up with the latest trends and technologies.

It’s important to weigh the potential opportunity costs of expanding your business against the potential benefits. If you believe that the benefits of expanding outweigh the costs, then financing may be a good option for your business.

Evaluating opportunities, and risk

In addition to assessing the opportunity costs associated with expanding your business, there are several other factors to consider when evaluating whether or not to use financing to expand your business.

Your business plan

Before you begin expanding your business, or take on any new or additional financing, you must have a clear business plan. This plan should outline your goals for the future of your business, as well as how you plan to achieve those goals.

Your financial situation

Carefully consider your financial situation before taking on financing. Make sure that you have a strong financial foundation and that you can afford the monthly loan payments. Consult a financial professional if necessary.

The type of financing

There are a variety of different types of financing available, first evaluate your options then choose the type that is right for your business. For example, if you have a good credit score, you may be able to get a bank loan with a lower interest rate.

The terms of the loan

Once you’ve chosen a type of financing, you’ll need to negotiate the terms of the loan. This includes the interest rate, the repayment schedule, and any collateral requirements.

Expanding your business can be a great way to grow your profits and market share. But it’s important to carefully consider the risks and rewards before taking on financing. By following the tips in this blog, you can make sure that you’re making the best decision for your business.

How to Create a Work Culture that Supports Employee Mental Health

Mental health has always been important, but the need for supportive and empathetic workplaces has increased with the pandemic and the transition to unconventional work environments. Poor mental health can directly affect productivity and job satisfaction, which can lead to burnout and turnover.

With a record 4.5 million Americans quitting their jobs during the Great Resignation, it’s clear that people are more than willing to find new companies that support their needs. To retain top talent, companies must take care of their employees.


Now is the perfect time to revamp your company’s work culture and make it more focused on the emotional well-being of your employees. Here are a few ways you can start.


Recognize Your Employees

Sometimes supporting your team’s mental health is as simple as recognizing them for their hard work. Recognition is one of the lead drivers of employee satisfaction, which can lead to higher productivity levels. In fact, in a recent survey, 80% of employees claimed they would work harder if they felt they were being adequately recognized for their efforts.


Employee recognition often gets overlooked in the workplace, and when neglected can have a significant impact on your work culture. Making sure employees feel appreciated and valued for their contributions to the company can increase their overall satisfaction and engagement.


This can be in the form of a shoutout, award, fun event, catered lunch, etc. Offering positive reinforcement and showing gratitude to your employees can boost their morale and create an environment that values mental health.


Provide Financial Education

Finances are often a major cause of stress, resulting in poor mental health. Employees of all ages face various financial challenges, which have only been amplified by the effects of the pandemic and current events. For most people, their single job is their only source of income, which makes financial literacy even more important.


Although not directly tied to work, financial stress can still disrupt your team’s focus and productivity. It’s important to give employees proper education and resources to manage these hardships to foster a supportive work culture that values mental well-being.


This can be as simple as setting up a financial wellness program, where employees can gain the knowledge and resources they need to alleviate money struggles and fulfill financial goals. If a remote employee is looking to relocate closer to the office, a financial wellness program can help them figure out credit score requirements for a home. Similarly, if an employee has student debt, a financial program can help them create an action plan to help give them proper guidance to pay it off. Programs like this are a great way to provide employees with the help they need to lower stress and increase productivity, without breaking the bank.


Encourage a Healthy Work-Life Balance

Work-life balance is a vital part of a company’s culture and can also have a significant impact on employee mental health. Making sure employees aren’t overworked and have time to enjoy themselves outside of the workplace is key to supporting their emotional well-being.


Offering flexible working hours, remote or hybrid work options, and encouraging your team to use their PTO are all effective ways to promote a healthy work-life balance. These initiatives will allow employees to focus on their needs and mental health without feeling overwhelmed by work.


Offer Ways to Destress

Stress in the workplace is often inevitable, no matter what job you have. However, too much stress can be overwhelming and can quickly lead to burnout.


To help employees cope, offer them ways to de-stress during the workday. This could be creating quiet spaces and game rooms, offering meditation or fitness sessions, or giving them walk breaks during the day. Offering employees easy access and opportunities to clear their heads in the workplace can help lower stress levels and feelings of burnout.


Incorporate a healthier work environment, whether it be fixing the office or giving employees a stipend to improve their work from home set up, to help promote a comforting work atmosphere.  Increasing natural light, decorating walls with calming colors and designs, and providing ergonomic workspace options are great ways to create a healthier office environment. Although small, these efforts can show you care about your employees and value their mental health.

Take the time to listen and understand your employee’s needs. Once you’ve taken everything into account, you can facilitate a plan of action to create a supportive work environment. In the end, having a positive company culture doesn’t just help your employees, it helps your company as well.

Ready to start your CRE search? Explore listings on Biproxi.com

How Buying CRE is Different than Residential

Commercial real estate (CRE) is different from residential real estate. When most people think of buying a home, they think of finding the right house in the right neighborhood and making an offer. With CRE, it’s not that simple. There are extra factors to consider, and the process can be complex.

CRE Is Typically Bought and Sold as an Investment

Most people think of real estate as residential while overlooking CRE. While both types of real estate can be bought and sold for a profit, they are quite different. For instance, while people who purchase residential real estate often intend to live in it, the purpose of investing in CRE is to generate income. This income can come from renting out the space to tenants or from the appreciation of the property’s value.

CRE is usually financed with commercial loans rather than traditional mortgages. These loans typically attract higher interest rates and require a larger down payment than residential loans. As a result, buying CRE is a more complicated and risky endeavor than purchasing a home. However, if done successfully, it can also be much more profitable.

Looking for your nexts CRE investment? Start your search on Biproxi.com.

The Focus Is on the Bottom Line, Maximizing Profit for the Company

A significant difference between residential and commercial real estate is the focus of the purchase. When buying a home, individuals are focused on finding a property that meets their personal needs and wants. They may be looking for a certain number of bedrooms or bathrooms or enjoy a home with a big backyard. They will be considering decor-related issues like bed frame dimensions, mattress dimensions, and buying a medium-firm mattress.

In contrast, when companies buy real estate, they are focused on finding a property that will help them maximize profits. This means that they are looking for a centrally-located property with a high traffic flow large enough to accommodate the needs of organizations.

Properties Are Often Leased to Tenants, Rather Than Occupied by the Company Itself

With CRE, the company will typically lease the space to tenants rather than occupy it directly. As a result, it’s essential to consider the local economy and the availability of potential lessees when evaluating a commercial property.

Commercial leases tend to be longer than residential ones, so you’ll need to factor in the potential for a long-term vacancy when considering your investment. But if you do your homework and choose wisely, buying commercial real estate can be an intelligent way to build your portfolio.

There Is a Lot of Paperwork and Legal Red Tape to Go Through When Making a CRE Purchase

There is significantly more paperwork and red tape in purchasing in the commercial realm. This is due primarily to businesses being subject to a greater degree of government regulation than individuals. Buyers sometimes need to jump through many hoops to finalize a CRE transaction. However, working with an experienced broker can help streamline the process and make it as smooth as possible.

Commercial Properties Tend to Cost More

Another key difference is that commercial properties tend to be much larger and more expensive than their residential counterparts. Therefore, buyers must have deep pockets to enter the CRE market. But for those who do, the rewards can be significant. Commercial real estate can provide an excellent income and appreciation over time.

Location, Location, Location! CRE Deals Are All About Finding the Right Property in the Right Market

The adage “location, location, location” is just as valid for corporate properties as residential ones. The difference is that in the world of CRE, the focus is on finding properties that will be profitable. That means being in the correct market and finding the right type of property to meet the needs of the business.

A company seeking to expand its operations may seek a warehouse in an industrial park. A company looking to open a retail store would want to be in a high-traffic area with good visibility. Regardless of the type of business, the goal is always to find a property to help the company succeed. 

Do your homework to understand the local market before making any decisions. What types of businesses do well in the area? What is the vacancy rate? What is the average rent on similar properties? Researching these elements will give you a better idea of whether or not a particular location is right for your business.

Also, consider the type of property you need. As mentioned above, businesses have different needs regarding real estate. Make sure to choose a property that will suit the specific needs of your business.

Time to Consider CRE

CRE can be an excellent investment for those prepared to do their homework and navigate the process. While there are some critical differences between CRE and residential transactions, the rewards of CRE can be well worth it for those who are up for the challenge.

Ready to enter the CRE market? Read How to Navigate the Commercial Real Estate Buying Process.


Ready to start your CRE search? Explore listings on Biproxi.com

7 Best Ergonomic Chairs That Will Fit for Your Work From Home Setup

Since the exponential growth of working from home over the last couple of years, a lot of workers are deciding to upgrade their “work from home” setups. This is in part due to the uncertainty of their working situation moving forward and because a lot of these workers did not have a suitable office setup in their homes.

Before, these workers could move around in their office, go for lunch and get exercise through their commute every morning and evening. Now, they are spending more time in one place, and if that time is spent in a chair that is not designed for working, it can take a toll on their body. Dining room chairs and couches are made for lying back, not sitting up, and getting work done.

So, what can be done? The first thing you can do is change where you sit. Sitting at your dining room or coffee table in the sitting room is not a suitable workplace, and you will feel that in your back! A proper workspace that is conducive for productivity will consist of enough space for a desk and an ergonomic chair, along with accessories to further improve the user’s posture. Therefore, we have put together a list of the best ergonomic chairs for your work-from-home setup, it is an extremely worthwhile investment for your long-term health.

Best Ergonomic Chairs That Will Fit for Your Work From Home Setup

Here are our top picks for the best ergonomic chairs that will help you with your posture and keep you fully focused throughout the day.

1. HermanMiller Aeron

This extremely ergonomic chair comes with a high mesh back and head cushion, giving the user the option to rest their head while still maintaining good posture. You can get this model in three different sizes, small, medium, and large and they all come with a 12-YEAR warranty. Seat angle adjustment, adjustable arms, and adjustable lumbar support can all be added to this chair for an extra cost. A list of the best ergonomic chairs for your home office would not be complete without this option from HermanMiller.

2. Flash Furniture Mid-Back Ergonomic Office Chair

If you are looking for a more affordable option, this model from Flash Furniture comes in at a fraction of the cost of the above HermanMiller office chair. It features a breathable mesh back that has a curve to provide ergonomic support, padded arms that can be flipped up for a larger seat area and a thick (three-inch) cushioned seat. This chair can also be customized to the user’s preferences, with the backward tilt and the seat’s height both customizable, along with the ability to lock the chair in an upright position.

3. Steelcase Leap Executive Chair

This office chair from Steelcase can morph its shapes to perfectly fit the body that is sitting in it and to support all movements throughout the day. It has four-way adjustable arms, with the width, height, pivot, and depth being customizable. The lever that lives below the seat makes it easy to control the height of the seat and the rollers on the bottom are smooth for easy maneuvering.

4. Branch Ergonomic Chair

If a desk chair that skips all of the bells and whistles and just gives you the basics is what you’re looking for, then this option from Branch could be the right choice for you. This chair is less the half of the price of some of the other options on this list and can come in three different colors: Gray, Light Blue, and Black. It has seven points of adjustment, including lumbar support, seat depth, and tilt. The weight limit for this seat is 300 pounds, the mesh back provides breathability and the contoured seat cushion ensures a comfortable experience.

5. X-Chair K-Sport Mgmt Chair

This chair from X-Chair gives the user the ability to choose what it is using this chair for, with adjustability in the backrest height, headrest and optional footrest and wheel casters, among other adjustable features. The armrests move in every direction and the headrest and footrest both move to ensure that the user is as comfortable as possible. This company also claims that the chair is stain and spill resistant as well, but we would advise to not test that!

6. HermanMiller Sayl

This desk chair from HermanMiller has a distinctive look that will be sure to make your home setup pop. It can come in many different color combinations, like Black/Slate Grey and Fog/Studio White. The plastic webbed back (that is inspired by suspension bridges) ensures the user is cool and the supportive cushion gives great support and comfort. This is a more affordable option from HermanMiller and comes with the same 12-year warranty that the previous option on this list does.

7. Ficmax Massage Gaming Chair With Footrest

The only gaming chair on this list comes in at the end, but it will not disappoint. It can support up to 300 pounds and can rock, swivel or tilt. The retractable armrests and footrest will make sure that you are in the very best position to get the most work done or relax if you are taking a break (they’re important too!). It has a 4.8-inch thick cushion for extreme support and comfort for those extended working/gaming sessions.

So, what do you think of the above options for the best ergonomic chair for your work-from-home setup? Do you think you will be picking up any of the options listed above or do you have any suggestions that you think belong on this list? We would love to hear from you in the comments below!

10 Things to Consider in Choosing the Right Office Space for Your Business

Choosing the right space to operate your business is an important part of building your company. Your office space needs to be large enough to create an environment for your staff to work in comfortably, without exaggerating your overhead costs. To make sure you build the perfect working environment, here are a few things to consider in choosing the right office space for your business.

1. Do your homework

If you’re looking to buy commercial real estate for your business, you’ll need to inform yourself first. Scope out the area, find out why the building is for sale, and be sure to do your due diligence before you complete a purchase. If you aren’t sure where to begin, enlist the help of a seasoned commercial real estate broker to help you navigate the market before committing to anything. If you are looking to rent an office space instead, the same logic still applies. Be sure to find out why the space is for rent, ask to see the previous lease, and do your homework on the landlord.

2. Location, location, location

As with any other property, it’s all about the location. You need to pick a spot that your employees can travel to easily and is close to suppliers or customers you need to work with. The location of your business should simplify working conditions for you and your staff. Location is more important for some businesses than others, especially if you depend on walk-in clientele. But it’s always a good idea to find a location that is convenient for your staff, as well.

3. Look for meeting space

Before you settle on a location, make sure there is adequate meeting space. You will need conference rooms for privacy. The number of conference rooms you need will vary based on how large your staff is. Consider how many meetings go on simultaneously each week to ensure there is enough time for all of your staff to continue to thrive without interruption. If your office requires shared meeting spaces and media rooms, this is another thing to look for before you sign anything.

4. Ensure adequate parking is available

If there is no space for your employees to park, you may lose employees or have a hard time gaining new ones—especially if the location is not within walking distance for most of your staffers. The location you choose should have sufficient and affordable parking for your staff on the premises or nearby. If your location is in the downtown core, you can also try to make parking arrangements with a local parking lot to ensure your staff can park. If parking is a big issue, you may narrow your pool of candidates.

5. Make sure there is recreational space

Choosing an office space is all about work. Your employees need somewhere to unwind during break time. This is especially important if your location isn’t near local restaurants or cafes. A break room should be large enough to host your staff at lunchtime. It’s an added bonus if the office space has enough room for a couch, too. Find the best couch for you and your employees to relax on. This much-needed break time can actually make your staff more productive.

6. Ensure room for growth

An important part of selecting the right office space is choosing a location that offers your company room to grow. You won’t be moving your business once a year and you want your staff to grow healthily so your business can expand along with it. Account for some growth and ensure the space you choose will fit your team for the next five to 10 years, at least.

7. Consider costs

Whether it’s local taxes, rent, or other fees associated with the building you choose, ensure the costs of the space you move to are reasonable. You want to maximize the space you can get without exceeding your budget. If you are overpaying, you may end up having to downsize your staff or even your service offerings to keep up. To avoid this, set up a budget before you look for office space and be sure to stick to it.

8. Consider your business needs

Each business is unique. You may require a sample room whereas another business may need media rooms or conference rooms. To select the right space, you need to choose an office space that works for your individual business. Before you start the hunt, make a list of what your business needs most and look for these qualities in every space you visit. If a space doesn’t check all of your boxes, move on to the next one.

9. Check the facilities

If the building has common areas or common restrooms, verify them before you make it official. Ensure the facilities are clean. Your staff will appreciate having a clean and safe space to use. Facilities should be clean and up-to-code, as well. If the facilities are not in the best shape, move on to another office space.

10. Check the infrastructure

Does this office space you’re looking at accommodate the IT needs of your business? You will need a solid Wi-Fi connection for all of your staffers, phone lines, and other capabilities. You should ask the landlord about connectivity before signing a lease. If you are purchasing a building, have the building inspected to ensure it is safe and sold and that it can handle the electrical needs of your business.

Tips for Moving into Your New Office Space

No matter what stress survey you view, moving is almost always listed as a top-10 trigger, with some surveys placing it just before divorce and after the death of a loved one…yikes. While moving for personal reasons is stressful to say the least, moving into a new office space isn’t any easier. Business moves are even more complex, requiring detailed negotiations, intense labor, extensive planning, and long-term preparation.

Here’s the good news: though moving into a new office space can be stressful, it doesn’t have to be. We help thousands of businesses lease office, industrial, and retail space each year, and have compiled a list of some helpful tips and tricks to make moving easy, and dare we say, stress-free. 

1. Use a tenant rep broker to find you and your company a new office space.

Instead of trying to search for a new office location yourself, consider utilizing the services of a tenant rep broker so that you can remain focused on growing your business. Qualified brokers know how to find the space you need – whether it be executive office space or flex space – and will use that knowledge as leverage when negotiating leases and subleases. Because of their experience, tenant rep brokers will recognize any red flags, saving you the hassle of trying to navigate potential issues down the road. Best of all, the cost to pay the tenant rep broker falls onto the landlord, not you.

2. Find a reputable moving company to ensure your items arrive intact and at a reasonable price.

Moving companies are notorious for high prices, changing terms, and not being careful when it comes to the handling of belongings. That’s why it is imperative to find a reputable moving company that will honor your agreement and take care of your assets. When choosing a mover, be sure that the price they provide is based on a comprehensive inventory list and your location. Ask for a price break down so that you can see how much it costs to move each individual item, as well as what the terms are for items you do not end up moving (some will still charge you – read the fine print)! Moving office furniture, computers, and file boxes can be an expensive undertaking, so be sure to compare multiple moving company prices before picking one to use.

3. Rent a top-rated, local self-storage unit to ensure your items remain secure.

With storage units located in cities across the country, self-storage facilities can provide your business with a temporary location to store items when your moving dates do not align. There are other uses for business storage units versus just storing items during an office space move. Note that self-storage units are also a cost-effective storage option for long term inventory, offering a less expensive alternative to renting more industrial or warehouse space. You can compare and reserve nearby self-storage units online for free, easily finding a unit that meets your needs and price point. As with moving companies, please be sure to compare storage prices of different locations prior to reserving a unit to ensure you get the best deal.

Though moving can be quite the hassle, there are many benefits to relocating your office as well. Besides finding and designing office suites that will improve your overall workflow, moving into a new office space provides you with the unique opportunity to clean up and clear out! Take this time to throw away any unused items, organize/archive files, and start fresh! It may be years before you have the chance to go through everything with such detail again.

American Psychologist Theodore Isaac Rubin once said, “Happiness does not come from doing easy work but from the afterglow of satisfaction that comes after the achievement of a difficult task that demanded our best.” When your move is complete, you will be proud of the work your company has achieved, and better yet, the success that is to come.


Head of Growth

In his 20 year real estate career, Thatcher has acquired and sold over $5 billion in commercial real estate assets encompassing all property types nationwide and developed technology solutions for commercial property owners and consumers.

How to Gain More Flexibility in Long-Term Commercial Real Estate Leases

For most businesses, agreeing to a long-term financial commitment is only positive if it means additional and sustained income. But a commercial real estate agreement is the opposite – a monthly expense that needs to be paid in order to keep the lights on. 

Spanning anywhere between 3-20 years, a commercial real estate lease agreement is a significant investment. While most leases include clauses for early termination (for a fee), it’s important that companies pursue the greatest amount of flexibility in a long-term real estate commitment to protect themselves from changing market and economic factors. 

Why Landlords Refuse Short-Term Lease Agreements

Despite the fact that most companies can’t accurately predict business cycles further than 2-5 years, property owners always seek a longer lease term in order to maximize the value of their real estate asset and secure a predictable cash flow. 

There’s also the financial burden of taking on a new tenant. Taking into account cleanup costs, architectural fees for new buildouts, and landlord improvements to make the space suitable for a new tenant, it doesn’t make financial sense to commit an upfront investment for a short-term tenant. 

Exploring the Different Options in the Lease Negotiation Phase

Established businesses with long-term projected growth and prosperity can benefit from longer lease terms, which tend to offer more agreeable monthly terms, additional perks, and more generous tenant improvement allowances. But there’s always a chance that things will change, which is why you’ll want to protect your company’s interests with the following conditions during the lease negotiation phase:

Right to Assignment and Sublets

In the event of a rapid expansion, merger, acquisition, or if the absolute perfect property comes onto the market midway through your lease agreement, having a right to assignment (in which the original tenant would assume responsibility for a sub tenant) or sublet (where the landlord assumes responsibility for a sub tenant) clause in your contract will allow you to sublet the property to another company without breaking the terms of your lease agreement. 

Renewals and Extensions

Renewals and rights to extensions built into your lease agreement allow you flexibility in retaining a space after the term of your lease expires. Due to the hefty costs of relocating, not to mention the logistical nightmares of moving offices and maintaining continuity of business, it makes more sense to provide yourself the ability to keep the same space. Even if the market demonstrates more favorable properties, your landlord is always seeking more attractive tenants with deeper pocketbooks. After all, if it isn’t broken, don’t fix it. 

Early Terminations and Contractions

Early termination options give tenants the ability to end their lease agreement after a certain point, but requires them to give the landlord written notice in advance of the termination date – usually between 6-12 months. But these termination clauses won’t come without a cost. Landlords will demand, at a minimum, a certain percentage of the remainder of the lease and for leasing commissions and tenant improvement allowances. 

Contraction clauses allow companies to downsize their square footage in advance of the conclusion of their lease agreement. This allows companies to pare down their occupancy in the event of layoffs, changing market conditions, or in preparation of moving a company to another more suitable location. 

Flexibility in Expansions

Every business hopes to grow and expand their operations. In the hopes that it happens, it’s important to anticipate a growing staff over the course of a long-term commercial lease agreement and avoid stacking desks atop one another. Building owners usually grant a certain version of an expansion option to tenants, which are commonly chosen from the following:

Right of First Offer

Including a “right of first offer” clause in your commercial lease agreement mandates that the landlord must present a newly available space or expansion to the tenant before putting it on the market to third-parties, allowing tenants the ability to expand their square footage under the same roof. 

First Right of Refusal

This clause requires landlords and building owners to provide the same deal made with a potential third-party tenant to the current tenant for equal space. Triggering this clause would preempt any third-party deal and allow the current tenant to expand into the space advertised for the same terms agreed upon by the landlord and the third-party. 

Fixed Expansion Options

Also known as hold options, these stipulate that a tenant has a predefined amount of time to exercise an option on an adjacent or neighboring space once it becomes available before the landlord places it on the market for third-party availability. 

Other Alternatives to Space-Related Issues

Thanks to the democratization of the workplace and the reach of connected business communication systems, companies have begun holding off on an expansion of office space in return for flexible working conditions, shifting employees to remote or work-from-home situations to avoid overcrowding and in order to save money on expansions. 

Temporary or shared office solutions have also been a major advantage for companies with space shortages. Monthly plans through shared office providers give companies the ability to remain in contact with their employees, give them adequate desk space, and even schedule meetings in these shared conference rooms. For companies with space requirements or looking ahead to a major expansion, these short-term alternatives can prove invaluable to businesses on the move. 

Negotiating for more flexibility in your lease agreement can be a major hurdle in the process, but protecting your company’s interests in the long-term makes the effort well worthwhile. When you sit down with the landlord’s representatives, try and incorporate some of the above options in order to limit your risks and protect your company against uncertain market conditions and unforeseeable economic circumstances. 


John is the VP of Sales at OfficeSpace.com where he leads broker relations and sales. Prior to being VP of Sales, he was the Regional  Director for the company. John has over 25 years of experience working in the commercial real estate industry. Before OfficeSpace.com, John was a commercial real estate broker for the Norman Company in Seattle, WA.