Sep 26, 2018
Did you know overtime air condition charges can significantly increase your occupancy cost? Does twenty-four hours, seven day a week access to your office space mean your space will be air conditioned? What does HVAC stand for and why is it vital to understand before signing a lease?
In Episode 013 of the Don't Sign the Lease podcast, author and commercial real estate veteran Jorge Morales explores the topic of HVAC and Hours of Operation. To dive into this topic, Jorge turns to his commercial real estate tale entitled Don't Sign the Lease! The Tale of a Triumphant Business Owner.
Reading from Chapter 17, Pitfall Seven, we learn of the tale of business owner, William of Gana Mas a hedge fund, and his challenges with overtime air conditioning; charges that were adding an additional $1,800 per month (plus sales tax) to his rent cost.
To get a copy of the book, please visit www.dontsignthelease.com or simply visit www.amazon.com and search for "Don't Sign the Lease". Please consider subscribing to the podcast and leaving a comment.
Jorge Morales is founder of Blue Box Real Estate, a South Florida commercial real estate firm specializing in landlord, tenant and investment advisory services. Blue Box Real Estate exists to empower business owners to make the best informed decision regarding their commercial real estate. Please visit www.blueboxre.com for further information.