Questions to ask before you lease 1/10 : Is it a GROSS or NET Lease?

Over the next few weeks, we will be adding to our series of helpful tips for businesses starting to look into leasing. This post is the first of 10 on the essential questions you should ask before signing an office lease.

 

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  1. Is it a GROSS or NET lease?

 

For businesses or doctors that are just starting to look into leasing office space, the terms gross and NET lease may seem foreign. However, there are significant differences between a gross and NET lease– let’s break down the basics.

 

With a GROSS lease the following items are included in the rent price:

 

  • Basic rent
  • Property taxes
  • Heating & air conditioning maintenance
  • Cleaning service for all common areas
  • Use of any building amenities
  • Pest control
  • Landscaping & snow removal
  • Parking lot maintenance
  • Janitorial service for your suite

 

With a NET lease, the tenant is responsible for paying all of the items listed above separately based upon a proportionate share of the building.

 

The payment share is based on the previous year’s building expenses and is calculated by the landlord. The tenant will pay an initial amount to cover what was spent in the previous year and at the end of the year the tenant will get a charge back for the difference along with documentation to show where all the capital was spent.

 

Now I know what you’re thinking…”Why in the world would I want a NET lease?”

 

The simple truth is that neither lease type is better than the other. Both lease types benefit businesses in different ways.

 

iMed Conference Room

 

The largest caveat to look out for in a NET lease is an increasing building expense cost. At DynaCom, we try to help our tenants as best as we can by capping the excess cost. By creating a cap, tenants can rest easier in a NET lease knowing they will have a consistent or lower building expense cost. If you are leasing NET try to get your leasing agent to ensure there is a cap to the cost.

4 Reasons DynaCom’s iMed Campus was the Place to be for the October 7th Cubs Win.

The freshly finished building was gleaming, the Cubs were playing their first post-season game in in seven years, and DynaCom Management was hosting their first major event in the innovative iMed Campus. What made the night so special?

1. Mayor Steve Chirico, along with Glen Weiss, were among the more than 85 members of the Naperville community and DynaCom family that were in attendance. All of the guests made for a fun-filled night!Mayor Pic2. President of North Central College, Troy Hammond was also in attendance. Go Cardinals!

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3. Ali and Mina Setork, CEO and CFO of DynaCom Management, showed their commitment to building and maintaining relationships with the generous spread of food. The dessert table looked particularly tasty!

Mina and Ali

4. The iMed Campus transformed into the perfect venue for screening the game. The lobby monitors and multipurpose room projection screen gave guests flexibility on where they could watch the Cubs shut out the Pirates.

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Lobby pic

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Thank you everyone for attending the event! We look forward to seeing you around Naperville!

Amping Up The Fun Factor Of Your Naperville Office Space

office space napervilleHere at DynaCom, as a leading provider of Naperville office space options, we understand firsthand how important it is for business owners to procure the perfect location for their business. Not only does their Naperville office space have to be in the best district for their organization, but it also has to offer enough room for growth and optimal productivity. We’ve proudly partnered with countless clients to ensure that they have the office setup they need to go from start-up organization to industry leader.

Personalizing Naperville Office Space For Your Business

While the physical setup of the office space itself should not be undervalued, here at DynaCom we also recognize that it’s not the only thing our clients need to consider when striving to set their company up for success. Beyond location and square footage, savvy business entrepreneurs must also consider another critical asset of their organization: their employees.

Beyond brick and mortar amenities, it’s imperative for executives to create an environment that encourages employee productivity and delivers an overall vibe that staff members will enjoy, especially as they’re spending 40 (or more) hours a week there. In short, in order to truly leverage the many benefits our Naperville office space options offer, our clients recognize that they must also personalize the office to make it a fun, yet professional environment.

Get Creative With Your Business Location For Optimal Results

When working with us to procure your Naperville office space, you will enjoy countless features and amenities that can help boost morale and productivity. However, we also understand that it’s important for you to get creative and personalize the space for your employees as well. If you’re looking for some quick and easy ways to creatively customize your space, consider:

Pictures and wall hangings: Pictures and wall hangings can easily add color and visual appeal to any corporate space. Work with a professional interior designer to choose some wall art that truly captures what your business is about, or simply brainstorm with your team the types of pictures they’d like to see during their workday.

Soothing music: Soft music played throughout the day can really redefine the vibe and atmosphere of your Naperville office space. Worried that you’ll never find a mix that everyone in your company will appreciate? Play various genres on different days to see what works best and encourages the most productivity.

Include greens: Beyond fun and festive wall hangings, plants can also add some bold blasts of color throughout your organization. Not only do they look great, but they also enhance the oxygen levels, making everyone around feel energetic and ready to produce. When choosing the right plants for your Naperville office space, bear in mind that fake plants collecting dust will do nothing for your organization. Choose fresh, lively plants to keep the vibe positive. Once you’ve chosen the right plants for your company, remember to put together a watering schedule since the only thing worse than a fake plant, is a dead plant.

Want to hear more about our current list of Naperville office space options? Visit us today.

Movement Mortgage Finds Commercial Office Space in Naperville With Dynacom Management

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DynaCom Management has a new tenant at 1952 McDowell Road. Movement Mortgage signed a commercial lease in Naperville with the commercial property company in July 2013.

NAPERVILLE, IL — In July, DynaCom Management welcomed Movement Mortgage to their 1952 McDowell Road commercial property in Naperville. The fast-growing mortgage company needed more space to accommodate their increased staff size and DynaCom delivered with office space in Naperville.

“Movement Mortgage is one of the fastest-growing mortgage companies in the country right now. As such, they needed a bigger office space with the latest technology to support their work. The 1952 McDowell Road property is a perfect fit for them because it has the technology infrastructure that they need and it’s in a prime location,” noted Ali Setork, Owner of DynaCom Management (www.DynaComCenter.com).

DynaCom Center I, located at 1952 McDowell Road, is located just minutes from downtown Naperville, off of Route 59 and I-88 and included in the commercial lease in Naperville are many amenities that both Movement Mortgage’s staff and clients can appreciate such as:

  • Individually controlled and programmable HVAC system with sophisticated web-based managing software
  • Fiber Optics Internet Connection, with speeds about 650 times faster than T-1 lines
  • 24 hour tenant access to the building via keyless entry proxy card
  • Keyless Entry for added security
  • Pyramid vaulted, sky lighted open glass atrium lobby with a three story glass elevator
  • 9’6″ceiling clearance on every floor
  • Solid Mahogany 8′ foot doors as the standard finish
  • Closed Circuit web-based controlled Cameras
  • Satellite Dish on the roof available for connecting to DirectTV
  • Smart Conference Room with a built in computer, fiber optics and projector, available for tenant use
  • Kitchen with dining room and vending machines available for tenant use
  • Walking Distance to Food plaza (Wendy’s, Subway, Steak & Shake, Adamo’s Pizza & Pasta, The Mexican Grill, Danny’s Bar & Grill, Golden Wok, Firehouse subs, Starbucks, Jimmy John’s Sandwiches, Lee’s Chinese Restaurant and many more)
  • Hotels nearby include Hyatt, Wyndam, Hilton, Ameri-Suites, Holiday Inn Select, Courtyard Marriotte, Extended Stay America, and Red Roof Inn, and Comfort Inn
  • Minutes from Fox Valley Shopping Mall
  • Lifetime Fitness center only minutes away
  • Two Day Care Centers within walking distance
  • Janitorial and cleaning services available for each suite five nights a week
  • Fed Ex, UPS, Air Borne Express and standard US mail services available
  • Fully programmable site lights, hallway lights, atrium lights, washroom lights, door locks, thermostats, and outside lights to allow energy savings that is passed on to the tenants
  • 24-hour fire alarm and fire sprinkler monitoring, which is connected directly to the City of Naperville
  • Ample parking with a ratio of 4 parking spots per each 1,000 square feet occupied

Movement Mortgage was formerly known as New American Mortgage, was named 2012’s fastest growing mortgage bank in the country by Inc. Magazine. Growing from a business of eight in 2008 to nearly 1,000 today, Movement Mortgage prides itself on delivering the most personalized and streamlined mortgage experience in the industry. The company plans to hire more professionals and close more loans than it has in the last three years combined in 2013, something it can accomplish a bit easier thanks to the new office space. To learn more about Movement Mortgage visit them at: http://www.movementmortgage.com/.

DynaCom is known for their well-kept commerical office space in Naperville. Updated interiors, modern technology and responsive management have made DynaCom one of the most respected commerical office leasors in the Naperville area. To learn more about DynaCom and view their properties visit: www.dynacomcenter.com.

About DynaCom: DynaCom has over 25 years experience in managing and leasing commercial properties. The family-owned and operated business provides outstanding, individualized service, which allows DynaCom’s tenants to conduct business at an optimum efficiency level, without worrying about the details. For more information, contact Mari Rodriguez at (630) 355-2000 or visit http://www.DynaComCenter.com

DynaCom Management Announces New Tenant in Naperville Office Space: Nautilus Capital Research

Nautilus Capital Research has leased commercial real estate in Naperville, IL from Dynacom-Center-IDynaCom Management.  The company will occupy offices at 1952 McDowell Road, one of DynaCom’s many locations for Naperville offices for rent.

NAPERVILLE, IL – DynaCom Management has a new tenant at 1952 McDowell Road, in the heart of Naperville’s I-88 corridor.  Nautilus Capital Research moved into the Naperville office space in June 2013 and was able to transition their business to the new location with minimal disruption in service.  This was due in part to DynaCom’s continuous investment in technology found at all of their commercial real estate in Naperville, IL, including the McDowell Road Office.

“We’re very pleased to have Nautilus Capital Research join us.  The McDowell Road building is set up perfectly for their real-time investment work with its fiber optics internet connection and 24-hour tenant access.  The building is located just off the four-way interchange at Route 59 and I-88 and is near plenty of amenities including restaurants, fitness centers and shopping,” said Ali Setork, Owner, DynaCom Management (www.DynaComCenter.com).

In addition to its prime location, 24 hour secure access and fiber optics internet connection, 1952 McDowell Road boasts:

  • Smart Conference room with built in computer, fiber optics and projector, available for tenant use
  • Individually controlled and programmable HVAC system with web-based managing software
  • 9’6″ ceiling clearance on every floor
  • Closed Circuit web-based controlled Cameras
  • Satellite Dish on the roof available for connecting to DirectTV
  • A kitchen, dining room and vending machines available for tenant use
  • Solid Mahogany 8′ foot doors as the standard finish
  • Pyramid-vaulted, sky lighted glass atrium lobby with three-story glass elevator
  • Five days a week janitorial service available
  • Fed Ex, UPS, Air Borne Express & US Mail services
  • Fully programmable site lights, hallway lights, atrium lights, washroom lights, door locks, thermostats, and outside lights to allow energy savings that is passed on to the tenants.
  • 24-hour fire alarm and fire sprinkler monitoring, which is connected directly to the City of Naperville
  • Ample parking with a ratio of 4 parking spots per each 1,000 square feet occupied.

Nautilus Capital Research is an independent research boutique providing institutional investors with insight and perspective on today’s financial markets.  The company applies historical perspective and intensive quantitative assessment of real-time market conditions to identify the best risk-adjusted trading opportunities and to generally make more informed investment decisions.

DynaCom properties are known for their exceptional maintenance, updated interiors, modern technology and responsive management.  To learn more about DynaCom and their Naperville offices for rent visit:  www.dynacomcenter.com.

To learn more about Nautilus Capital Research visit them online at: http://www.nautilus-cap.com/.

About DynaCom:  DynaCom has over 25 years experience in managing and leasing commerical properties.  The family-owned and operated business provides outstanding, individualized service, which allows DynaCom’s tenants to conduct business at an optimum efficiency level, without worrying about the details.  For more information, contact Mari Rodriguez at (630) 355-2000, Ext 17 or visit http://DynaComCenter.com.

 

 

NATIONAL RAILROAD SAFETY SERVICES OPENS NEW OFFICE

Dynacom-Bond-Street-OfficesNational Railroad Safety Services have opened a new office at 1601 Bond Street in Naperville, owned and operated by DynaCom Management, Inc. The new office space, the firm’s third was opened July 1st.

National Railroad Safety Services, Inc. (NRSS) has been providing rules qualified (FRA49 CFR Part 214) Employee in Charge (EIC) Railroad Flagmen since 1999 and is the most trusted name in the railroad industry.  NRSS is fully insured and has railroad protective insurance policies.  NRSS also provides equipment including vehicles, cell phones, railroad radios, personal protective equipment, derailers, flags, whistles/air horns, and fuses.

“We are always looking to have offices in strategic locations that meet our needs and allow us to serve more clients, this new space with DynaCom provides us with just that.” said Debby Shepherd, President.  “We had a lot of expectations and the space on Bond Street has exceeded every one.”

DynaCom Management, Inc. has over 25 years of experience managing, leasing and developing commercial and medical properties.  DynaCom Management, Inc. has six office buildings in the Naperville area, near the busy I-88 High Tech Corridor, including DynaCom Center l, 1952 McDowell Road, DynaCom Center II, 1548 Bond Street offices, 1601 Bond Street, Mill Street Offices, 1979 N. Mill Street, Wall Street Offices, 1560 Wall Street, Cantera Lakes, 4580 Weaver Parkway in Warrenville, and 12.13 acres of land fronting the 75th Street corridor in south Naperville, where the newest development, the iMed Campus, will be located.

DynaCom Management, Inc. is privately owned by Ali and Mina Setork, and they are actively involved in the day to day operations and management of all properties.  DynaCom Management, Inc. is known locally for the outstanding personalized service it provides to each and every tenant.  DynaCom Management’s philosophy is to create a safe and friendly work environment so that businesses can operate at an optimum level.  For more information, contact Mari Rodriguez at (630) 355-2000 or visit http://www.dynacomcenter.com/.

 

NEW DYNACOM TENANT, STRATEGIC FINANCIAL GROUP, INC., MOVES INTO OFFICE SPACE IN NAPERVILLE, IL

mill-street-3Naperville office rental and commercial property management specialists, DynaCom Management, Inc. welcomes Strategic Financial Group to their new Mill Street location.

DynaCom Management, a leading provider of commerical real estate in Naperville, welcomed their newest tenant, Strategic Financial Group, Inc. (SFG), to their new location at the DynaCom owned and managed Mill Street office in Naperville.

“SFG is a growing, thriving business and they needed a new home that would allow them to continue to offer their clients the type of exemplary service they have come to expect.  The beautiful new Mill Street facility will provide SFG an office space that mirrors the high standard of excellence they have set for themselves,” said Ali Setork, Owner of DynaCom (www.dynacomcenter.com).

SFG, who moved into the Mill Street Offices in March of 2013, specialize in customized financial solutions to meet the needs of both individuals and small business owners.  Their new home is located at 1979 N. Mill Street, Suite 205, and is perfectly situated to allow SFG to offer their services to the multitude of area businesses that call the greater Chicagoland area home.

The two story Mill Street office building is highlighted by powerful architectural design and immaculately sculpted landscaping, expertly leased and managed by DynaCom.  Each tenant within the Mill Street offices is given the opportunity to design their own personalized suite in order to ensure the best possible fit for their particular business needs.

“We understand that our properties are an extension of the companies that operate out of them, and we strive to ensure that the layout and design of each suite is particularly suited to the goals and expectations of the businesses that call our buildings home.  Our full time management staff ensures that we maintain control over the design and construction of each facility throughtout all phases of development, allowing us to offer our tenants a truly individualized Naperville office rental,” Setork said.

For more information about DynaCom Management and a full listing of available properties and services, visit their website at www.DynaComCenter.com.

About DynaCom Management, Inc.:  DynaCom has over 25 years experience in managing and leasing commercial properties.  The family-owned and operated business provides outstanding, individualized service, which allows DynaCom’s tenants to conduct business at an optimum efficiency level, without worrying about the details.  For more information, contact Mari Rodriguez at (630) 355-2000 or visit http.//www.DynaComCenter.com.