Progress as of March 31. No more space available in this building New construction is not...
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Transcript of Progress as of March 31. No more space available in this building New construction is not...
New Corporate SpaceProgress as of March 31
Reviewing Our Options
No more space available in this building New construction is not feasible
Narrowing the Search
A commercial real estate agent is at work Three properties have been identified
◦ Wayside Office Park ◦ Markbreit Building◦ Riveredge (commercial park)
New Rental Property Options
Pros◦ Suburban location with easy access◦ Network lines are in place◦ Spacious offices and parking area◦ Extremely reasonable lease terms
Cons◦ Not available for another three months
Riveredge Commercial Park
Pros◦ Spacious offices◦ Technology in place◦ Park nearby
Cons◦ Located outside I-275 beltway◦ Monthly lease only
Wayside Office Park
Pros◦ Central city location◦ Security system and guard at desk
Cons◦ No computer wiring in place◦ Cost is almost double our current lease◦ Parking for staff
Markbreit Building
Contact the Riveredge manager to discuss lease
Appoint a team to begin arranging the move
Meet again in two weeks to clarify any final issues
Recommendation—Riveredge