If you are like me, your friends clutter your mailbox with jokes, chain mail and “must read” inspirational messages. Frankly, I have neither the time nor the energy to read these emails that have no relevance to the business that I need to conduct throughout the day. The emails will end up rolling quickly in to the “Delete” folder unread. There is, however, the rare exception in which I am tricked in to reading one of these messages and sometimes, they are actually worth the read. I had to chuckle when I read one such message yesterday. This is a moral dilemna that was presented to job applicants that recently interviewed for a new position. Here it goes:
You are driving down the road in your car on a wild, stormy night, when you pass by a bus stop and you see three people waiting for the bus:
1. An old lady who looks as if she is about to die.
2. An old friend that once saved your life
3. The perfect partner you have been dreaming about.
Which one would you choose to offer a ride to, knowing that there could only be one passenger in your car?
You could pick up the old lady, because she is going to die, and thus you should save her first. Or you could take the old friend because he once saved your life, and this would be the perfect chance to pay him back. However, you may never be able to find your perfect mate again.
There is no right or wrong answer, but who got the job based on their answer?
The candidate who was hired (out of 200 applicants) had no trouble coming up with his answer. He simply answered:
‘I would give the car keys to my old friend and let him take the lady to the hospital. I would stay behind and wait for the bus with the partner of my dreams.’
Sometimes, we gain more if we are able to give up our stubborn thought limitations.
I couldn’t help but think about commercial real estate when I read this tale, not so much as a moral dilemna, but more because these are times in which we have to think creatively. As vacancy rises in the Tampa Area, brokers, landlords and tenants are going to have to be on the their toes to find opportunity and fill vacant spaces.
- Can that Mall become a warehouse?
- Can you rent space for wind turbines on your roof?
- What about advertising space on the side of the building?
- Are there non-profits that can use the space? There are special tax considerations beneficial for landlords that donate space.
- How about churches? Some churches will gladly pay to use the space one or two days a week.
- If you are trying to lease the space on your own, is your property getting the attention needed to find tenants in a market with high vacancy?
The bottom-line is NEVER forget to think outside of the box!
Finding Solutions for Your Vacant Commercial Real Estate Is No Joke
If you are like me, your friends clutter your mailbox with jokes, chain mail and “must read” inspirational messages. Frankly, I have neither the time nor the energy to read these emails that have no relevance to the business that I need to conduct throughout the day. The emails will end up rolling quickly in to the “Delete” folder unread. There is, however, the rare exception in which I am tricked in to reading one of these messages and sometimes, they are actually worth the read. I had to chuckle when I read one such message yesterday. This is a moral dilemna that was presented to job applicants that recently interviewed for a new position. Here it goes:
I couldn’t help but think about commercial real estate when I read this tale, not so much as a moral dilemna, but more because these are times in which we have to think creatively. As vacancy rises in the Tampa Area, brokers, landlords and tenants are going to have to be on the their toes to find opportunity and fill vacant spaces.
The bottom-line is NEVER forget to think outside of the box!