ExPlan Suite Blog

The True Cost of a Few Words

Published on Thursday, 22 August 2013 10:10:19    Written by Marc
The True Cost of a Few Words Back a few years ago in a previous life, we were closing down a manufacturing site which had about nine years left on the lease. This was a large site with over 350,000 square feet of industrial space on the East Coast of North America. When the decision to close the site came, I naturally went back to the lease to verify what special clauses we would have to deal with. In all fairness, this lease had come with an acquisition that included many properties/leases, so we had not negotiated the leases, we simply took them "as is" at the time of the acquisition. Read More

Don’t Forget the Grants

Published on Friday, 16 August 2013 11:46:36    Written by Marc
Don’t Forget the Grants So you’re in charge of a capital planning involving a capital expenditure purchase. Your company or organization is anxious to get the capex approved as they anticipate it will be the source of great savings and more efficiency. You spend hours, days finding the right product with the right specs at the right price and with an acceptable delivery schedule. But wait, have you forgotten about possible government grants or credits? Read More

30 Things To Not Forget When Purchasing a CapEx

Published on Tuesday, 6 August 2013 10:21:31    Written by Marc
30 Things To Not Forget When Purchasing a CapEx Ever purchase a piece of equipment thinking it would be a standard procedure without first consulting a defined checklist of things not to forget, only to find out how big of a mistake that was?

Regardless of the complexity of the capital expenditure or purchase, I tend to believe that having good capital planning and a good checklist handy can prove essential for a smooth transaction.  Even when the purchase seems like an obvious repeat of something you previously purchased.  This idea of consulting a checklist of things not to forget applies to standard purchases of equipment but especially if the equipment is something completely new and/or coming from a foreign country. Read More

Real Estate - Restoration Clauses

Published on Thursday, 11 July 2013 09:27:11    Written by Marc
Real Estate - Restoration Clauses

Don’t forget the restoration clauses. Read them c-a-r-e-f-u-l-l-y.

Leasing 101. Question: what is a restoration clause?

Answer: - it’s a clause in a lease that tells you what you will need to restore at the end of the lease. Fair enough, a restoration clause is normally a clause in a lease that will inform the tenant what are his obligations at the end of the lease. Technically this would be a simple but sound definition.

So, if it’s so simple, we can assume that all tenants read the clause and take appropriate action for when the time comes, any cost associated with the clause is already known and provisioned as part of their lease management. Yes?

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So Here We Are

Published on Tuesday, 2 July 2013 11:52:25    Written by Marc
So Here We Are

This is the first of what we hope will be a long series of articles, comments, and interesting exchanges. It is here that we will be providing you with tips, advice stories and experiences, good and bad, relating to our various fields of expertise: Real estate, Energy management, Capital expenditures, capital planning, and a few others.

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