The Real Book of Real Estate by Robert Kiyosaki

Author:Robert Kiyosaki
Language: eng
Format: epub
Publisher: Vanguard Press

COMMERCIAL SPACES THAT STAND THE TEST OF TIME

As you venture into the world of commercial real estate, many of the principles we already talked about still apply. But first and foremost, you still need to take the target tenant into account first and create a fantastic first impression. After all, people want to be proud of where they work, and they want that space to be functional and comfortable. That charge isn’t always easy because commercial properties can often be quite large, quite complex, and rather impersonal. The key is creating personal, more intimate spaces inside or outside a large building to add that personal touch and provide respite from a busy day. It doesn’t take much. A shady tree, a fountain, or a comfortable bench away from the hustle and bustle can achieve this important goal. Alcoves within a lobby space with nice art and comfortable furniture can work, too, while they welcome visitors and provide a gathering place for tenants.

If your project is new construction, get an architect and an interior designer on board right from the start. An architect’s primary role is creating the structure itself. An interior designer’s role is to design the interior spaces. Unless you do this for a living, creating the design by yourself will not work. I’ve seen the aftermath of do-it-yourself commercial projects, and many of them are beyond hope or beyond the pocketbooks or the profit potential of most buyers to rehabilitate.

Lifecycle costs (meaning how long do you want these materials to last, will a new tenant mean new finishes?) and total budget are great places to begin your discussion with these professionals. They’ll want to know who your target market is because they will design differently for a medical building than they would for a day care center, for instance. You’ve probably heard this phrase before: “form follows function.” Well, this is what they mean by it.

While form and function are absolutely critical to good commercial space, so is using the natural environment as a guide to design. In fact, it has and, I would go so far to say, always will be a failsafe guide for many interior designers and architects in their quest for interiors and structures that stand the test of time. That’s why certain styles of design and architecture are common to certain areas of the country and, indeed, the world. Suitable architecture and design respond to the environment rather than fight it. By using the natural environment as a guide, interior designers and architects establish rules to help guide the design process. And it’s best to stick with them.

Unfortunately, rules get broken, and not always in a good ways. One building comes to mind in Phoenix—a desert city with desert mountains surrounding it and very bright sun most days of the year. Smack in the midst of mostly stucco buildings is a dark, wooden, modern for its circa-1970 construction structure that looks like it should be in the middle of the Rockies in Colorado.

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