Office cleaning staff.

5 Reasons You Need an Office Space Management Team

5 reasons you need an office space management team

Many property owners have found that the costs of managing properties can quickly become an expensive hassle. 

What once was an income generating asset has now become a burdensome headache. Maybe your property has turned into a backlog of repairs, custodial maintenance, and delinquent rent checks that haven’t been mailed on time. 

Property owners may find themselves dealing with spaces that sit vacant for significant periods of time. Without proper maintenance, these properties quickly become victims of weathering, age, and weeds. But it’s expensive and time consuming to manage upkeep. Many property owners may find themselves in over their heads and wondering how to get back on top of the endless to do list that comes with property management. 

The good news is, there’s a way to manage these mundane tasks and keep your property management business from fizzling out. An office space management team performs the tasks you’re unable to do yourself: cleaning, repair work, and property upkeep. 

If you’re wondering whether it’s time to hire a professional management firm and are weighing the pros and cons, here are five ways to know it’s time to find a trusted office space management team. 

1. You are sick of having to chase down rent.

No one loves having to be the overbearing landlord, but you also need money from your tenants to keep your business running smoothly. At a time when everyone is feeling some sort of financial squeeze, the pain of continually requesting rent from lessors can be taxing. Why not shift that burden to your office space management team? 

In most cases, hiring an office space management team allows you to take advantage of electronic billing systems. This allows tenants to pay in a billing portal, combining all rent, CAM fees, and other items into a singular payment handled by an arbitrary body. Allowing users to take advantage of electronic billing via a property management firm will free you from having to collect and deposit checks. Not to mention it saves paper and makes your business more eco-friendly! 

2. You have some vacancies and need help filling them.

It’s hard enough trying to keep your tenants happy. A huge list of responsibilities comes with occupied properties, from managing custodial maintenance to setting a long term improvements schedule—and tackling all the other tasks you have to do between multiple properties. 

But what about your vacant spaces? Those properties need just as much attention but come with an added task: looking for new renters. There simply aren’t enough hours in the day to get everything done!

Leaning on your office space management team not only frees you from the maintenance work, but their relationships with other vendors and multiple clients will open the door for new tenants to find your office space. 

3. You are struggling to keep up with rental operations.

The requirements for keeping up an office space can be daunting for a small team. The maintenance scheduling, tenant management, and general upkeep are enough to occupy all of your time. That’s assuming you only have one space to maintain. 

Engaging an office space management team will help you better understand the total upkeep requirements that come with juggling multiple rentals. Your team can also create maintenance schedules for you to oversee or manage that for you. 

By engaging professionals with years of experience in office management, you can be assured that vendor contracts, maintenance scheduling and management, tenant management, and basic services between rentals are coordinated and completed. 

No more guesswork of what needs to be done, what should be done, and when it’s going to get done with a professional office space management team.  

4. You are tired of wrangling contractors for maintenance and cleaning.

With supply chain and labor shortages intensifying, continuing your existing relationships with vendors gets tougher and tougher. Having to juggle the schedules of multiple firms, dealing with vendors failing to provide the services you expect, and figuring out what still needs completed each day can make facility ownership feel less like a profit generator and more like a hassle.

Engaging an office space management team to manage operations and perform cleaning and maintenance will ensure the tasks get done and you won’t have to exhaust yourself with vendor tracking and follow up. 

5. Your personal upkeep fees are eating up your profits.

You may be skeptical about hiring an office space management team. Will they really be able to save you money, or are you adding yet another business cost? 

Chances are, you’re going to save a lot more than you think. An office space management team leverages its numerous vendor list and own employees to provide the best services at the lowest prices. By engaging vendors and building multiple contracts, you can capitalize on the savings when projects are ordered in bulk. 

When you factor in the cost of engaging an office manager and the potential cost savings versus individual management and the hassle of juggling multiple vendors, the decision becomes clear. 

Ready for your office space management team?

If it’s the right time to hire a professional office management team, give the team at PM Company a call. Their dedicated staff will walk you through the process and free you up from the burden of continued management of your office space. Call 1-304-485-8000 today to speak to one of their qualified agents. 

 

lease paper work

What does FSG mean?

What does FSG mean when it comes to real estate leases? 

If you have been considering a commercial lease, you have likely run into a number of terms that you haven’t seen before. You might even struggle to make sense of all the jargon: Triple Net, CAM Cap, Cap Rate, etc.

The same too can be said for FSG or full service gross lease. 

A full service gross lease or FSG is a lease where the landowner or building owner pays all costs associated with maintenance and upkeep and the tenant pays only for rent and utility costs. In this lease, there is a single amount paid by the tenant, this typically includes your base rent and includes the cost of your utilities like water, sewer, electricity, and or gas, property insurance, and any common area maintenance fees. 

Costs associated with the facility’s operation could also be included in the FSG, things like trash removal, internet and phone service, security, etc. Some of these may be in the CAM fees portion of the lease, so do check the fine print. The bottom line is that on an FSG lease, the lessee and the lessor have an agreed-upon, simplified fee structure that gives both parties comfort in knowing that the monthly payment will cover both parties’ expenses. 

Where do you see FSG leases used?

Most FSG leases are written up for office buildings or older retail or industrial spaces. These leases are common because the landowner recognizes that the costs to operate and maintain the facility can vary greatly by the type of business seeking to inhabit the space, and as a result, it would be easier to structure a lease that gives the lessor full control in the cost structure since they know what fees are truly associated with inhabiting the space. 

Tenants may be unaware of the cost of building insurance, common area maintenance, and property taxes, so an FSG lease will factor these costs into a single payment, ensuring that the lessor isn’t responsible for determining all the ancillary costs of operation. This makes it easier for the landowner to lease their space, given they are using a flat fee structure, and for the leasee since they are given a singular cost to compute. 

This can be a benefit to those businesses who are unsure of their total operational costs and want peace of mind in knowing that their landlord will cover all ancillary costs via the simple rent payment. For those businesses who have a firm idea of their operational costs, want more discretion in lease structure, or recognize they have unique needs that may not require the services woven into a singular payment, a full-service gross lease may not be their best bet and some negotiation may be in order.  

Why are FSG leases used?

Full service gross leases are commonly used where there is a consistent demand for routine maintenance, high-level upkeep, and high amenity usage. In this lease structure, there are operational costs that each of the tenants are taking advantage of on a regular basis, and haranguing the tenants with countless individual invoices is avoided for the sake of a singular payment structure. 

Additionally, landlords may recognize that if they are maintaining multiple structures and outsourcing the work to a custodial firm, spreading their costs among all of the tenants for all of the services provided can lower total upkeep costs, giving tenants high-quality service at a fraction of the unit cost.

FSG leases are also common because of their flexible nature. If a landlord maintains a space where a number of the businesses share the same sector, taxes, and utilities, then overall costs can be estimated with a high degree of certainty, and the single payment structure can be projected at the onset, allowing tenants a turnkey solution. 

Why you should know the difference between Triple Net and FSG leases

Triple Net leases are the most common kind of commercial lease and pass most building expenses on to the lessee in addition to their base rent in the form of multiple invoices. Full service leases are leases that are single payment in structure and wrap up all costs into one payment, allowing the tenant to pay once and have their building insurance, maintenance fees, and taxes covered in the singular payment. 

For your business, you need to determine what lease structure is in your best interest. If the idea of a singular, FSG payment, with all costs included in the fee, appeals to you, finding an office building with a full service lease structure is advised. 

Yes, the rental rate for these structures is often higher than other properties on the market, but that is because it is full service. Understanding the fee structures and what is included is critical in determining where your business can thrive. If you’re unaware of fees in a triple net lease structure, you may think you’re getting a good deal only to find out that secondary building fees are much higher than originally expected. 

So which lease is right for you? Talk to your trusted leasing professional, discuss the lease specifications you might need, and factor in the costs associated with these prospects. Whether the lease FSG, Triple Net, or some sort of hybrid, the leasing professionals at PMC will help you find the location you need. 

Buying vs. Leasing Commercial Real Estate: The Pros and Cons

Buying vs. Leasing Commercial Real Estate: The Pros and Cons

Buying vs. Leasing Commercial Real Estate: The Pros and Cons

Which is better, buying or leasing? As a business owner, you need to consider various factors before deciding which approach will work for you. Generally, your decision comes down to the amount of money you will be spending or saving. But figuring out where those savings come from is the tricky part. You must consider many things, including the stage of your business, monthly payments, financing options, and cash flow. This article will discuss the factors you need to consider before leasing or buying a building.

Monthly payments vs. cashflow

Before you decide to lease or buy a building for a business, consider how much money the business brings in compared to your projected monthly payments. You’ll want to avoid overstretching your budget or else you’ll risk facing negative consequences due to default payments. You need to follow through with your monthly payments without crippling your business operations, so the option you go for should reflect the status of your finances. Leasing can sometimes be cheaper than ownership, so although you’re not building equity with a lease, you’re keeping costs as low as possible.

Building maintenance

Landlords and property managers will have specific terms for their leasing and buying clients regarding maintenance. The monthly payment for maintenance depends on the lease agreement you sign before moving in. Since a buyer is a building owner, buying clients have no option but to pay for regular maintenance costs out of pocket. Before you buy a building, consider whether you can pay the monthly bank payment plus maintenance fees. Otherwise, consider a lease.

Equipment usage

A tenant can often use fixtures and appliances in a commercial building but can’t take the equipment with them when they finish the term of the lease. Even when a landlord installs equipment to enable the client to do business smoothly, the equipment remains the property of the building owners. If you foresee your business moving in the short term, consider buying necessary equipment or purchasing the building outright.

Mobility

Whether your business grows or shrinks, it is important to ensure that the agreement you have meets the future needs of your business. Does your current space allow your business to expand and grow in the future? And in case all does not go well, are you at liberty to degrade without facing penalties? A lease will give you more flexibility if your business is in a period of rapid growth.

Long-term savings

Compare the savings you are going to make leasing versus buying. Ask your commercial real estate agent to show you multiple properties for sale or lease. Try to figure out the average price for both options and use that information to make an informed decision. Depending on the option you go for, you could save on the initial down payment, recurrent monthly rent payments, lease payments, tax deductions, and liability insurance.

The pros and cons of buying commercial property

Check out the advantages and disadvantages of buying a building:

It is an extra source of income

You can start earning rental income immediately when you become a commercial building owner. If you are not using all the space available, you can rent it out to other business owners and make extra income from the monthly rent payments.

You have more control of the building

As a commercial building owner, you have more control over what happens inside. You set the rules and can make key decisions about how you use the space. A landlord can’t restrict you from running your business how you want because you have the final say, as long as it is compliant with the state laws.

The premise’s value keeps going up

The good news is that, for the most part, property values appreciate. The longer you remain a landowner, the more money you make. If you decide to lease part of your property to other businesses, you can revise your lease terms and increase rents according to the lease agreement you have with the tenants. You can also decide to sell the building later and earn a profit to buy a new one at a better location.

The equipment in the building is permanently yours

All the fixtures you install in the building for your tenants or business will be permanently yours. They could add value to the building and even bring you more money.

Disadvantages of buying instead of leasing:

You must pay the down payment

If you are buying an office or commercial building, you need first to make a down payment. Just like auto loans, these down payments usually range from 15%-30% of the building’s entire purchase price, especially if you want a loan to finance it. This money can be a lot for a small or growing business, making it almost impossible to own if your margins are thin.

You could lose your capital trying to own the building

You may be forced to use business capital to make a down payment for the building. Most business owners will take out a loan to finance the purchase. However, you may stretch yourself too much to meet these debt obligations, and this can impact your available credit when you go to purchase future items.

Other costs

Buying a building, just like buying a car, adds to your monthly costs. Since you are the new building owner, you must meet all other obligations such as liability insurance and property insurance. You must incur all charges to protect your tenants from accidents, damage, and natural disasters. To lower monthly payments for the building’s maintenance, you may have to pass on some monthly costs to other tenants. Even though the property value keeps rising, you will need to regularly maintain the building after every few years to maintain its curb appeal.

The pros and cons of leasing

Check out the advantages of leasing:

Fixed monthly payments make it easy to plan your financial future

You will receive the payment terms before moving in when you sign a lease document. Your monthly rent payment remains fixed during the lease term so that you can plan for your business expenditure early on.


More liquidity

Your business does not have to make a huge down payment when leasing. As a tenant, you only need to pay the agreed-upon rent and a refundable security deposit, then move in. The low monthly payments leave you with disposable income for business operations.

It is easy to qualify for a lease

Most leases don’t have as stringent requirements when compared to buying. As long as you comply with the state laws and meet the lease terms, you are good to go.

Disadvantages of leasing

Lease payments do not qualify you as an owner

You still won’t qualify as an owner after many years of paying the monthly rent and renewing the lease agreement. Even if you pay as much money as the price of the building, you will move out one day and leave it behind along with your entire investment.

You have no control over tenancy agreement restrictions

Tenancy agreements are drafted by the landlord or property managers. These agreements often put restrictions on various business operations and space usage. Tenancy agreements can restrict you from multiple activities and alterations. This lack of freedom could severely impact your business.

Higher monthly payments

In the long run, rent payments are costly. You will find that in 10 or 20 years’ time, you have paid enough rent to own that building – but it still belongs to another person. In addition, at the end of the lease term, you will pay the wear and tear charges from your security rent deposit. Also, early termination is very costly and can eat into your profits.

Looking for business properties in West Virginia? Call us now for a free consultation

It’s not easy to decide whether to buy or lease a commercial property in West Virginia. You need financial planning advice to make the right decision for your business. Depending on the stage of growth you are in and the amount of disposable income you have, the real estate experts at The PM Company can help you find the ideal property for you. We have properties available across West Virginia and can grow with you whether your goal is to lease or buy. Call 1-304-485-8000 today for a free consultation.

paper and pen lease agreement

What financials are needed for a commercial lease?

What financials do I need to obtain a commercial lease?

So your business has outgrown the garage and you’re ready to move into a newer, larger, more formal space. Congratulations, you’ve accomplished what most small businesses only dream of doing. The hardest work has been done, but you still have to find a building or office to lease, and, undoubtedly, you have questions. Do I need to submit financials in order to apply? What is the landlord looking for? What additional documentation should I have ready to present?

As commercial real estate experts, the PM Company has helped numerous small businesses navigate this next step. Whether you’re applying for a lease in the Mid-Ohio Valley or somewhere else around the country, follow these guidelines to improve your chances of leasing the building you want.

What is requested in a conventional lease application?

Before leasing a space, you may be asked a series of questions that demonstrate your reliability in paying the lease rate. You may be asked to provide information about the following aspects of your business:

  • your business history 
  • a description of the services and/or products you provide
  • references that signify your financial stability
  • past/current/anticipated revenues
  • assets that could be used as collateral
  • liabilities the company may have, and references from a financial institution 

What financial statements should you prepare?

Much in the same way you would approach a bank for a business loan, you will likely be asked to provide the landlord with some sort of financial documentation for your business. That documentation may include: 

  • prior tax returns for past 2-3 years
  • personal or business financial reports (this depends on how you are securing the financial obligation to pay the lease rate)
  • business balance sheet
  • profit and loss statements
  • bank statements for the past 2-3 months 

In some instances, you may be asked to provide a copy of your business filing with the state (includes business use type) and your articles of incorporation. 

Why are financials so important?

Your finances demonstrate your business’s ability to make regular lease payments. The equity required for construction and maintenance on a commercial property is typically much more financially intensive than a residential property, and, as a result, can greatly affect a business’s cash flow and financial stability. Landlords like to see a comprehensive picture of your ability to meet the terms of the lease. 

In reviewing your application for a lease, landlords may consider:

  • The type of business you run 
  • The potential effects competing businesses may have on your revenues
  • The past and current size of your business
  • The business’s growth trajectory, its profitability, and any other factors that could pose risks to the landlord. 

What if the landlord is asking for additional documentation?

Lease application requirements may vary by landlord. In cases where there are multiple businesses in a shared facility with high-value clientele, the due diligence requests may become more extensive. Business bank statements, personal financial statements, copies of your business plan, and even a certificate of good standing from a lending agency could be necessary to gain entry. This shouldn’t give you alarm, however. Securing a spot in a prime location may pay dividends down the road. You can enjoy greater confidence as a lessee because your neighbors and fellow tenants care as much about their location and reputation as you do. 

Why do the requirements vary so much?

Based on your location, the business community makeup, and local commercial vacancy rates, additional requirements can differ greatly. In regions where vacancy rates are high and tenants are harder to find, the application requirements could be as simple as providing the aforementioned financials and verification of income. Following a simple credit or background check, your lease could be approved rather quickly. 

Should you find yourself in a market where vacancy rates are low and landlords have more discretion on who they admit, you may be asked to provide more documentation. In these cases, you should be prepared to provide additional financial documentation that exceeds the last 2 to 3 years of financial documents for your business. Be prepared to disclose any shared partner equity, other grantors you have worked with, business or financial institution references, or even personal credit scores. 

While the prospect of obtaining in a commercial lease may sound daunting, you’ve likely already done everything necessary to set your business up in a phenomenal space. The hard work of building a business and achieving a level of scalability that demands a move likely ensures you have what it takes to lease your dream space so your business can be all that you want it to be. 

If you are looking for a commercial space where your business can grow, the trusted professionals at the PM Company (PMC) are here to assist. PMC has been serving the Mid-Ohio Valley, specializing in commercial real estate and property management, for over 35 years. For more information visit call us at 304.485.8000.

man and woman considering an item

Don’t Get Surprised by These Common Expenses When Leasing a Retail Space

Don’t Get Surprised by These Common Expenses When Leasing a Retail Space

When beginning your search for the right retail space, rent is not the only cost to consider. While it is a primary driver in your decision-making, understanding ancillary fees, build-out costs, and furnishing expenses can alter your budget and timeline when moving into a retail space. Factoring these additional expenses into your budget as early as possible will help you understand the full costs of operating in a new space. This will make your commercial real estate journey easy and stress-free.

Build out costs

A retail space will rarely meet every single one of your needs without some customization. Just as your business is unique and the opportunity it presents is one of a kind, many retail spaces are also unique and not one-size-fits-all.

 

Some spaces will offer a clean white space with an HVAC system but little to no furnishings. Other retail spaces will come with previously installed items. Knowing what your business needs to thrive will allow you to narrow down potential locations and find the right space for you. Consider what amenities are necessary for the interior build-out and what amenities you need when the business is up and running. 

 

Making a list of “must-haves” will give you a better understanding of what lease rate you can afford. Any extra items will need to be paid for on top of the lease itself. Some common build-out costs include shared walls, printers, shelving, and storage spaces. Your lease agent will also want to know your expected build-out projects since they’re considering the timeframe for occupancy. For many businesses, managing the build-out while also paying rent can be perilous. However, many retail leasing outfits specialize in mitigating tenant improvement costs and lease payments. Ask questions during the leasing process and work with a lessor to explain your needs. 

Utility costs

Just as you do for your own home, you have to pay the electric, water, gas, etc. in a leased retail space. When creating your lease budget, you should include the estimated monthly utility service cost. In a multi-tenant leased space, it’s common for leases to share common utility costs (e.g. those related to parking lot lighting, landscape management, etc). These expenses are handled in various ways, the 2 most common being Triple Net Expenses (NNN) and Modified Gross. 

Ultimately, you as a business owner should know what type of utility consumption your business needs in order to support operations. Your unique business needs should factor heavily into the location you chose. Can the location support your business’s utility demands? Whether you are running a nail salon or a Bitcoin mining operation, you will want to understand your anticipated water, sewer, electric, gas utility consumption in order to determine which space is right for your business. 

Triple Net lease fees, CAM fees, and Tenant improvement costs

 Not every retail lease is a Triple Net or NNN lease, but it is the most common lease in the market. In this lease, the property owner passes on the taxes, insurance, and maintenance fees to the tenant. This is important to understand as a tenant because it clarifies what you are responsible for and what the landlord is offering. 

 

These costs are typically passed on to the tenant because the rates themselves vary by the type of business present in the space. From property taxes, liability insurance, to common area maintenance (CAM) fees, these expenses are divided up based on the renter’s space allocation, usage rates, and other negotiated terms. Businesses who are considering leasing space in an office park or business center need to factor these types of costs into their price estimation for leased space. 

 

Unlike a stand-alone warehouse, a single home zoned for business, or another mixed-use facility, the lease rate in a business park or office building has the expectation that tenants will pay a prorated portion of the combined costs for upkeep and maintenance. As a business, you should consider what your business demands and negotiate terms that work for both parties. An open dialog with a leasing agent will help get you and your business into a building that meets your operational and financial needs. 

Furnishings, Fixtures, and Technology Needs 

Whether you are a high-end boutique, a new restaurant startup, or a pet toy company with a hundred or more employees, the interior needs of your retail space may matter as much as the facade when it comes to the success of your business. You should know upon entering a space what you can afford to purchase when it comes to computers, desks, lobby amenities, displays, kitchen equipment, etc. Because these items are necessary for you to open your business, it’s important to budget for these items from the outset. 

 

Factoring in purchase costs,  build-out costs, and base rent will be important in setting a move-in and opening day timeline. You will want your business to be in good form when you open your doors to the public, so working out the details on interior pieces and technology during the build-out process will save you valuable time and energy as you prepare to open the doors. 

Working with the right team to help you navigate the market

If you read this article and feel stressed or overwhelmed, know that you’re not on your own. All of these costs and considerations are part of any commercial lease process. Most businesses wrestle with these same questions at the outset, and leasing professionals are well accustomed to business owners who are considering their first move out of the garage into a brick and mortar space. 

 

The trusted team at The PM Company will help you crystallize your vision, find a space that fits your business, and leverage your unique value proposition to the market looking for your services. Engaging with a real estate professional early in your search will deliver the most value and return on your investment.

Community Rallies behind Local Charities through Spirit of Giving Fund

In 2007, Pat Minnite Sr. started the Spirit of Giving Fund to support local charities and nonprofit organizations around the holidays. The community has enthusiastically joined in the charitable efforts to give back to the organizations that make a difference in the Mid-Ohio Valley.

Tenants, business associates, vendors, and friends of The PM Company (PMC) raised $61,000 to be given to selected local charities. For 2021, PMC matched up to $60,000 donated to the Fund. Thanks to the community’s generous support, a total of $121,000 will be evenly distributed to thirteen area charities.

These charities were selected through an application process by representatives of the PMC. The Spirit of Giving Fund is managed by the Parkersburg Area Community Foundation (PACF), which will distribute the funds accordingly. Each charity listed below will receive $9,300 to support their work within the community:

  • Amputee Center Inc
  • Belpre Area Ministries
  • Bethel Church Equipping Center Inc
  • BrAva
  • Camden-Clark Foundation Inc.
  • Consumer Credit Counseling Service of the MOV Support Fund in Honor of Harold “Jim” Applebaum, a fund of the PACF
  • FaithLink
  • High on Hope Ministries
  • House to Home
  • Kellys Closet MOV Inc
  • O’Neill Senior Center Inc
  • Thrive
  • Women’s Care Center, Inc.

“The PM Company family greatly appreciates the support of this collective effort, and we are proud and happy to know the impact this will make on the needs of our community,” said Karmyn Conley, PMC Managing Partner. “The impact of this community’s giving has been profound, and PMC looks forward to sharing another successful Spirit of Giving with the community.”

“The Pat Minnite family and The PM Company and its associates have a longstanding and generous tradition of supporting the needs of the communities in which they do business,” said Judy Sjostedt Ritchie, PACF Executive Director. “We applaud their leadership in philanthropy and thank The PM Company and their associates for their generous partnership for the benefit of our area.”

Applications to receive support from the Spirit of Giving Fund are accepted annually with a deadline in August. Applying organizations must be a recognized 501(C)(3) nonprofit serving the vulnerable and underserved populations in Wood County, WV, and/or Washington County, OH, where the PMC primarily does business. A new application process, in partnership with the PACF, will be incorporated for the 2022 campaign and will launch Spring 2022. More information is available at www.thepmcompany.com/spirit-of-giving.

Parkersburg aerial

Commercial buildings for rent in Parkersburg WV

Commercial Buildings for Rent in Parkersburg West Virginia  

Whether you are looking for a storefront in downtown Parkersburg just a few steps from the historic Juliana Street or an industrial space that’s a short drive from the US Highway 50 and Interstate 77 interchange, Parkersburg commercial lease options are plentiful. Being one of the largest cities in West Virginia and home to several industries, Parkersburg has a selection of spaces that would make a great home for your business. 

Class B and C Office Space

Like in much of the U.S, office space availability in Parkersburg hit unexpected highs as a result of the COVID-19 lockdowns. Businesses who retooled during the pandemic began allowing employees to work remotely and found that renting a large office was unnecessary. What has emerged in the wake of the pandemic is a commercial and retailer renter’s market with many new class A,B, and C spaces becoming available for the first time in decades.

In Parkersburg, a number of class B office spaces have shown up for rent recently. Some are located in the downtown core along Market Street, 7th street and 29th street while other office opportunities have popped up on Murdoch Avenue, and Garfield Avenue along key transit thoroughfares. The downtown properties all come within close distance of the municipal parking garage, and have walkability and bikeability scores that are significantly higher than other areas within the region. Additionally, the downtown office spaces are within walking distance of great restaurants like Cham’s Lebanese Cuisine and the Blennerhassett Restaurant the Lounge as well as several bars and breweries like The Parkersburg Brewing Company and The Cocktail Bar. Additionally, hotels such as the Blennerhassett Hotel and the TownePlace Suites by Marriott Parkersburg are also within walking distance, allowing clients the ease of visiting without significant extra travel burdens. 

While some may like the tight quarters of downtown office space, many businesses prefer more convenience for their patrons and employees, with office spaces that have ample parking and easier access. The PM Company has well-maintained office buildings located in the heart of Vienna, WV, right by the Grand Central Mall, Wal-Mart, and a variety of other big box stores. These newer buildings provide the ideal atmosphere for professional service businesses and our property management team keeps the buildings in excellent working order. 

Retail, Neighborhood Business, and Downtown Storefronts

Just as the office space absorption rate changed drastically over the last two years, so too did the retail lease market. As businesses altered their models and took advantage of e-commerce, local retail spaces became available. In Parkersburg several retail spaces came to market, some in a connected strip mall, others in a multi-story downtown space, and a few in stand-alone buildings with attached parking. This is great news for business owners looking to rent commercial buildings in Parkersburg, West Virginia. 

While not as common as spaces in shopping centers or other dedicated retail complexes, stand alone homes now converted into retail spaces within neighborhoods can still be found in Parkersburg. The coveted neighborhood business designation is one of a bygone era, usually given to corner stores and neighborhood markets. However, many art studios, office supply stores, hardware or electronics repair shops, nail salons, hair styling studios, bookstores, bakeries, and sidewalk cafes and bistros operate out of uniquely-zoned residential homes. In Parkersburg you can still find some of these neighborhood business locations for rent, giving you the ability to create a unique space that can support both business and residential demands. 

Industrial Spaces, Flex Space, and Medical Spaces

As one would expect, the market for industrial space and flex space in Parkersburg mirrors national trends, having incredibly high absorption rates and quick turnarounds upon hitting the market. Because of on-shoring efforts and major distributors opting to maintain production levels instead of stopping the assembly line, industrial spaces have been getting snapped up for assemblage and storage operations. The market in Parkersburg for industrial space does skew older, but in that older stock, greater value can be found. Amenities can be elusive, but the value of the spaces available in Parkersburg surpasses that of other regional markets. For businesses looking to grow into a larger footprint and find more direct consumer opportunities, available properties along Depot Street, 7th Street, and Route 68 can provide greater visibility and room to grow. 

By way of flex space like a combined space with an office and industrial component, Parkersburg has a number of options that can suit your needs. Applicable zoning notwithstanding, several spaces along Depot Street near the rail terminal,  in South Parkersburg along US 50 and Camden Avenue, and along Dudley Avenue at the crossroads of Lakeview and 36th Street. Typically home to industrial supply stores, automotive maintenance centers, and the occasional manufacturing operation, flex spaces are always in high demand and provide the highest grade of flexibility in the market. For those in Parkersburg the options are wide ranging in scale and age, and are interspersed throughout the city. 

Lastly, consolidation of medical services by area providers has provided interesting opportunities for private practitioners or specialists to find newly renovated or recently constructed medical spaces, complete with waiting areas, ADA accessible entrances, and applicable signage pieces that will help your business stand out to new patients. Growth in the medical services sector has been consistent in Parkersburg, and should your practice be in the market for a new highly visible space, numerous opportunities exist within the city. 

For those who are seeking a space to rent, or want to engage a professional about what opportunities exist in Parkersburg, a conversation with a member of the trusted team at the PMC Company may be in order. Take a moment to view our commercial properties for sale or lease in Parkersburg then contact our team for details.

Man places cubes spelling lease for CAM fees

What are CAM fees on a commercial lease?

What are CAM fees on a commercial lease?

If you’ve ever had to negotiate a commercial real estate lease, you’ve likely wondered about the differences between a triple net lease and a lease with CAM charges. These differences are important to the real estate lease framework because they impact the net operating incomes for properties. This article will help business owners make the right decisions regarding triple net Lease and CAM lease structures. 

What is a Triple Net Lease? 

Often referred to as an NNN lease, the triple net lease is an agreed-upon contract where the tenant leases a property and agrees to pay for virtually all costs related to occupying and maintaining the property. From the taxes to property insurance and grounds maintenance, the lessee is responsible for their own coverage and procurement. 

What are CAM charges?

CAM, or Common Area Maintenance charges, are fees added to the lease that cover the aforementioned costs of occupation and maintenance related to the property. These charges are typically determined by the landlord and are specific to the lease and load factor. They are commonly agreed upon by the tenant prior to occupying the facility.

Why Most Leases Fall Under the Triple Net Category 

A triple net lease is the most common type of commercial lease. The standards of maintenance vary from lease to lease, but because it omits charges associated with maintenance and upkeep, a triple net lease typically has a lower base rent value than other lease forms. The lease rate includes the base value of the rented square footage without additional fees and charges that would otherwise be included. 

Because the cost of maintenance can vary significantly based on building age, location, climate, etc., triple net leases usually include an agreed-upon maintenance cost cap. The cost cap provision is written to include coverage for maintenance purposes only, not capital improvements to the facility. For example, if the HVAC goes out and is in need of full replacement, a lessee is not expected to pay the cost for replacement. That falls on the landlord. However, if an A/C condenser unit to your portion of the building gets clogged, the lessee would be responsible for paying for the maintenance. 

Despite these potential liabilities, the triple net lease still makes long-term financial sense due to lower, recurring rents. However, it’s important to factor in anticipated maintenance costs and lease rate before signing on the dotted line. The building’s repair history, age, and overall environment are worth considering in the lease negotiation stage. 

When to Sign a Lease with CAM fees

If the concept of trying to negotiate the intricacies of your NNN lease is puzzling, consider a managed property that offers Common Area Maintenance. CAM fees are an upfront way of packaging maintenance fees into your monthly rent. The fees may cover exterior improvements such as landscaping and lawn care, window washing, snow removal, pesticide application, parking lot and sidewalk improvements, exterior security coverage, and various other tenant improvement amenities. CAM fees can also cover interior maintenance needs such as bathroom cleaning and supply stocking, shared conference room cleaning and maintenance, elevator operation and permitting, and in some cases, utility costs like water, sewer, electric, phone, and internet. Most importantly, the CAM fee structured agreement adds a level of convenience to major appliance outages. For example, should the condenser unit fail and the A/C goes out on a hot summer day, the building owner would service the HVAC system, saving you the time, money, and frustration of finding a repair service. 

How are CAM Charges Configured?

CAM charges vary from tenant to tenant. Most agreements are defined by the total square footage occupied of a shared space. These charges are often pooled among all the tenants since all tenants benefit from their usage. For example, if your business occupies 1/5th of an office park, and is allotted 1/5th of the available parking, then it would stand to reason that your share of total Common Area Maintenance would be 1/5th of the gross CAM fee. 

The distribution of fees is subject to individual negotiation and is highly dependent upon anticipated use. If your business has significantly greater access to common areas, it would be in the best interest of the landlord to charge more than other tenants. All of these nuances should be negotiated with the landlord prior to lease approval.  

By design, CAM charges are designed to benefit both the tenant and the landlord. The freedom of not worrying about insect removal, snow plowing, and elevator inspection gives tenants the freedom to focus on their businesses fully. For the landlord, CAM fees allow for a consistent maintenance schedule and consistent billing for such services since they are included in lease terms and not subject to a case-by-case invoice process. 

What is the Best Option for My Commercial Lease Needs?

Each case differs, but the question often boils down to what type of lease rate are you willing to pay and what kinds of services you expect to need? If your business is less customer-facing and would benefit more from a lower lease burden, a NNN lease may be perfect for you. However, if your business is one where customers interact with you in your building, and the reliability of cleanliness and accessibility helps foster good relationships, an adequately vetted CAM fee structure may be your best bet. 

Basics of commercial real estate lease in Mid-Ohio Valley

The Basics of a Commercial Real Estate Lease – What You Need to Know

The Basics of a Commercial Real Estate Lease – What You Need to Know

 

Every business owner who leases commercial real estate should have a basic understanding of what goes into a typical lease. This allows business owners to avoid confusion and unexpected surprises when signing a commercial lease. Informed business owners spend less time clarifying simple questions and can quickly approach a potential landlord to close deals. In fact, executives who understand the basics of commercial real estate leases are more likely to:

 

  • Identify leases with favorable terms
  • Understand their business’ needs and jump on opportunities as they arrive
  • Spot red flags and avoid leases that may become a burden

 

The Mid-Ohio Valley commercial real estate market provides unique challenges. As it is a stable, but slow-growth area, new leases are not often available. The area is full of many well-established businesses that have found their ideal location and see no need to move. This means that new or growing businesses must be ready to act quickly when a property does open up since these opportunities are not always available. However, in that haste, it’s important that one slow down enough to fully understand the lease terms for the space. The PM Company encourages everyone looking at commercial real estate to brush up on the basics of a commercial lease. This allows interested parties to act decisively and quickly, while protecting current and future interests. We’ve provided a quick overview of the basics of a commercial real estate lease. 

What Items Are Usually on A Basic Commercial Real Estate Lease?

 

Most lease contracts will include the following elements.

Notice addresses

Both parties will provide addresses for receiving official communication. If the landlord needs to notify you of an issue regarding the commercial property, this is where they will send the information.

 

Property description

The property owner will provide a written, legal description of the commercial real estate property. This description should be thorough and accurate to prevent misrepresentations.

 

Security deposit

The lease contract should also lay out the details of your security deposit. Specific points might include the total value of the deposit, what the deposit will secure, when it becomes refundable, and whether or not it can apply to your rent.

 

Use of premises

Acceptable use of the property will depend on zoning rules and property management stipulations. For example, heavy industrial work cannot happen in a building zoned for commercial retail. The property manager might also limit loud businesses (like a nightclub or doggy daycare) to protect the other tenants from unwanted noise.

 

Defaults by either party

This clause defines what constitutes default (i.e., late rent payment by the tenant, failure to maintain the outside structures by the landlord) and the available remedies.

 

Building access

Not all leases include 24/7 access to the property. Businesses that hold irregular hours should pay attention to this clause and be sure the agreement works in their favor.

 

End of lease holdover

The typical fee for staying in the space after the lease term ends. These fees can range anywhere from 100 percent to 200 percent of current rent. 

Insurance, indemnification, and liability

This section of the commercial real estate lease will lay out what types and amounts of insurance each party must hold. It will also cover which party is liable for a host of possible damages.

 

What Are Some Basic Fee Structures for a Commercial Property Lease?

 

Businesses in the Mid-Ohio Valley will likely see three different types of commercial property leases. Each provides a different way of structuring fees and allocating them between the property owner and the leasing party. 

 

Triple Net (NNN)

A triple net lease, or a net lease, is one of the most common lease structures used for commercial properties. In this arrangement, the tenant pays the base rent along with the three additional “nets,” which include:

  •     Property taxes
  •     Building insurance
  •     Common area maintenance (CAM)

While it may seem as though the tenant absorbs the brunt of the costs, the landlord is still responsible for maintaining the structural components (structural walls, foundation, and roof) of the building.

To calculate rent for a NNN lease, take the estimated annual expenses and add that number to the price per square foot multiplied by the rentable square footage of the space.

Full-Service Gross (FSG)

A full-service gross commercial real estate lease releases the tenant from most expenses related to the property. The tenant will pay a base rent that changes only in relation to the agreed-upon rent adjustment clause. To calculate the rent for an FSG lease, you simply multiply the price per square foot by the square footage of the space.

Modified Gross (MG)

A modified gross lease allows the tenant and property owner to agree on a detailed breakdown of rent versus operating expenses. A tenant may be asked to pay for rent plus just the electrical bill or just the water.

What Additions are Commonly Made to Basic Commercial Property Leases?

Sublease Clause

Businesses in the Mid-Ohio Valley and across the country are facing huge disruptions related to real estate. Many employees are working remotely while some businesses are seeing large stockpiles of inventory that can’t be used due to supply chain issues. Business owners may find that they are leasing more space than they need. 

This is where a sublet comes into play. A sublet will allow a tenant to rent extra space to a third party. Anyone leasing commercial property should find out what is and what isn’t allowed when it comes to a sublease.

Exclusivity clause

Business owners may ask for an exclusivity clause in their commercial property lease. These are popular in retail leases since it keeps similar businesses from setting up shop in the same location. For example, a smoothie bar might want to ensure another smoothie bar doesn’t move into the same strip mall.

Rent Escalation

When leasing commercial real estate, a business’ rent can increase on a yearly basis or during any renewal options – this is what the rent escalation clause covers.

The rent escalation clause explains how much of an increase in rent a tenant will be subject to. Business owners should treat rent escalation like a homeowner would treat an adjustable mortgage. Calculate rent escalation through the long-term as even small percentage increases can compound lifetime lease costs. 

Even the most basic commercial lease requires careful reading and a sophisticated understanding of commercial contract law. While this provides a basic foundation for your understanding, we recommend you always discuss potential commercial real estate leases with a qualified lawyer before making decisions.

For over 30 years, the PM Company has been involved in commercial real estate throughout the Mid-Ohio Valley. We help business owners find properties that benefit their business and provide leases with equitable terms for both parties. We currently hold a million square feet in commercial and retail properties throughout the Mid-Ohio Valley.

View our listing page for up-to-date commercial property listings including “For Sale” and “For Lease.”

Call us at any point in the leasing process and we will be happy to help you.

Contact us today for more information. 

Spirit of Giving 2021 – Doing Good Together

UPDATE – Spirit of Giving 2021

Dear Friends of The PM Company,

With the complexity and challenges of the last year and a half, the “Spirit” of Giving is one of the most important things we can possess. Here at The PM Company, we always try to hold true to that important core value.

We are kicking off the 2021 Spirit of Giving fundraising campaign, a PMC charitable effort, where we join forces with our tenants, vendors, and business associates to raise money for local nonprofit organizations. This year The PM Company will participate in matching all funds up to $60,000 that are donated and received by December 1, 2021. We have been successful over the last decade with supporting local charity organizations and “doing good together”.

We ask you to join us this year with a donation to the Spirit of Giving Fund.

The 2021 recipients are:

The impact of this collective giving effort has been profound, and we look forward to sharing another successful Spirit of Giving with our community and you.

Make donations payable to:
Spirit of Giving
1000 Grand Central Mall
Vienna, WV, 26105

Sincerely,

Karmyn, Pat, and Jason Minnite
and The PM Company

Chipotle – At last!!!

Chipotle Announcement 

Who doesn’t love a warm, foil-wrapped burrito stuffed full of hormone-free meat and locally sourced veggies? With the overwhelming response we’ve received concerning the new Chipotle on its way, we’re certain most would agree.

The PM Company is excited to bring the first Chipotle Mexican Grill to the Mid-Ohio Valley. This well-loved brand has been trying to locate in Vienna for close to seven years, and we’ve been working hard to make it happen. We finally did!

Our construction crew built the building per corporate specifications at the former location of the Vienna Walmart fueling station along Grand Central Avenue. We have turned it over to Chipotle to finish the interior. They will operate and manage the store, and plan to have doors open for service soon! 

We have been grateful for the collaboration of the Chipotle development team and we know their excellence will continue into their service and support of our community. We trust the presence of their brand will support even more growth and opportunity within the Mid-Ohio Valley.

New Office Suites Available in Vienna for Individual Business Needs

Early in 2019, we sent out a survey asking the public: Is there a need for small, affordable offices for individuals? Would you utilize a single office for one person, in an office suite with a common area?  What would you consider a reasonable price for a short-term lease of an upscale, professional space in an established office building?  The response was positive, and PMC Executive Office Suites were born as a result.

Our Gen III group, consisting of the newest family members to join the company, put their heads together to create and market the space.  As a result, we now have an office suite consisting of five separate, locked spaces, with a small meeting room, kitchen, and reception area shared by the group.  Monthly lease agreements start at six months, $350 and up per month, with one month’s security deposit and liability insurance also required. Because of the location of the property, no B&O taxes are required.

High-speed internet, parking, and maintenance of all common areas including parking lot are included, and offices are furnished with desks and chairs.  This turnkey situation allows a new leasee to simply move in, connect, and start doing business immediately.

Cale Conley is available to show the space and discuss leasing options. He can be reached  by emailing cale@thepmcompany.com, or by calling 304-588-2253.

PMC Acquires Hotels

The PM Company Announces Hotel Acquisitions
The PM Company in Vienna, WV, is pleased to announce its acquisition of two area hotels. The Hampton Inn & Suites in Parkersburg and the Holiday Inn Express in Mineral Wells are now owned and managed by The PM Company.
PMC has been a partner in the Hampton Inn since 2014, and the Holiday Inn Express since 2007. According to Dan Van Dyke, Chief Financial Officer at PMC, “We are excited to work more directly with these hotels. We are impressed with their quality standards and professionalism, and what they bring to the hospitality industry in this area. We believe they fit perfectly into the PMC brand. We intend to keep the current staff in place at each hotel and continue to offer the same great level of service as before. ” PMC also owns and operates Grand Pointe Conference and Reception Center in Vienna, and they look forward to offering full-service hospitality for area events.

PMC offers real estate development, management and services in the Mid-Ohio Valley area.

Spirit of Giving Breaks its Own Record — Again

The PM Company announced their 12th annual Spirit of Giving fundraiser received $60,650.00 this year. PMC is matching those dollars raised in the community, bringing the total to be given to local charities to $121,300. .
For the twelfth year in a row, the PM Company and Minnite family have elected to forego traditional gifts to tenants and vendors with whom they do business, giving the money instead to area non-profits.

PMC created the Spirit of Giving Fund at the Parkersburg Area Community Foundation, and they invite businesses and friends to join them in raising funds and awareness for the designated charities. The PM Company then matches the money raised. “This is the perfect way for us to come together with those we work with, to celebrate the season in the best possible way,” said Karmyn Minnite Conley, one of the Managing Partners. “We look forward to giving these gifts, because we get to learn more about how local groups are helping those in need.”
Spirit of Giving has donated in excess of $700,000 in the last 11 years, and they plan to continue to grow their efforts.


Student, business and civic groups were also invited to participate by collecting items from Wish Lists provided by the charities. Hundreds of pounds of food, hygiene and baby items were collected to benefit the recipients.

In addition to PMC and Grand Pointe Conference and Reception Center, major sponsors for the event also include Eye Doctors/Dry Eye Clinic, Family Carpet, Gen Spring/Sun Trust, Mondo Building & Excavating, MPH Hotels, Peoples Bank & Insurance, and United Bank. Each company donated $5,000 toward the effort.

2019 Recipients of the Spirit of Giving Fund are as follows:

Artsbridge – Very Spectacular Arts Festival for kids with disabilities

Faithlink – Senior feeding program

Old Man Rivers Mission – Providing meals for homebound

CASA/Voices for Children – Travel for advocates for foster children

Downtown Bethel – utility assistance, gas cards, food, clothing for families in crisis

High on Hope – Addiction treatment

Family Crisis Intervention Center – Domestic violence shelter remodel

iBelieve Foundation – Leadership program for Appalachian high school students

House to Home – Homeless day shelter

O’Neill Senior Center – medical transportation

MOV Multi-Cultural Festival – hotel rooms for performers

When is it Time to Move to A Bigger Commercial Unit?

Man hunched over in cardboard box working on computer

Rarely does a one-size-fits-all solution work…off the clothes rack or on the business track.

And when it comes to scaling your business at the proper time in the most efficient way, you’ll find that what worked for one company may bring financial strain for yours. A stringent checklist of pre-determined steps simply doesn’t deliver well, since flexibility and situational analysis are key to business success.

However, there are guidelines that can help you make those weighty decisions as it concerns your business growth and expansion.

As a commercial property management company, we hear tenants often grappling with whether or not they should move to a bigger commercial space. But it’s not as easy as simply determining whether or not you’re out of space. A variety of other factors play into making a wise decision about when it is time to move to a bigger unit.

Should I move to a bigger commercial space?

Here are a few guidelines to assist in your decision making process.

1. Determine Why You Should Move

First, write out a list of reasons why you think you should move to a larger commercial property. Go ahead and list all of your reasons, whether they be frivolous or not. Next, determine if any of those reasons could be fixed simply by adjusting your space, discarding unused items, organizing your inventory or streamlining the way you run processes.

Now look at what’s left? Are there still substantial obstacles to your company’s success because of the current space you’re in? And don’t worry. If you’re wondering what obstacles we’re talking about…we’ll get to that.

2. Look at Your Capital

Your size upgrade won’t just result in a slight monthly rent increase. It often takes much more cash than expected just to move. Moving expenses, deposits, cleaning fees, utility transfers, new furniture and much more can quickly deplete any cash reserves you may have set aside for other purposes.

If a move is in your near future, just make sure you have a thorough understanding of the costs associated with it.

3. Analyze the Motive

Okay, admittedly, we’ve all probably been pulled into a decision that was based more upon emotion than logic. You’ll want to make sure this isn’t one of those times! Do you want to move just because you found “the perfect little spot for your cute boutique”? Or perhaps you’ve been approached about a bigger space that is “suddenly available, but it’s going to go fast!”

There will always be good opportunities. Don’t base a decision such as this one on the fear of missing out. Base it on the facts and the numbers.

4. Get an Outside Perspective

Outside perspective will prove invaluable in any business decision. This one is no different. Ask a trusted business colleague or mentor to visit your space and take a good look at how it is used. Do they hold your same opinion about the space being too small or inefficient for your business? Do they see any areas where you could change your current usage to better serve your needs in the existing space?

Also important is the input of your property management company. At PMC, our tenants’ success is our main goal. We are always open to ways in which we can adjust space in order to best accommodate our tenants’ needs. If you’re not with us for your commercial property lease, hopefully, you are with a property management company that has these same values. They should listen to your needs within the current space to see where improvements can be made.

5. Analyze the Obstacles

Remember that list of reasons to move? Some most likely were tied to observed obstacles. Here are a few you may be considering:

  • Not enough meeting room space – Are your employees leaning on door frames, sitting on the floor and tripping over each other just to attend an all-company meeting? Do you constantly apologize to clients about the tight quarters when they visit the office?
  • Productivity suffers because of lack of space – Do employees have to move multiple items out of the way to access another? Is it a lengthy process to find needed items because of the lack of visibility? Is your storage overflowing into other rooms and offices in order to manage? If so, it may be time for a new space.

But remember that many of these issues could also be the result of too much junk and too little organization!

  • Customer experience suffers because of the space – Does your showroom space limit the amount of products you’re able to display? Or perhaps you don’t limit it, and customers feel overwhelmed with the tightly compressed visual space.

Or worse, have you had potential customers tell you they didn’t come in because a lack of parking, difficulty finding you, etc.? If your space is clearly turning away customers, it’s time to look elsewhere.

  • Your company brand is hurting because of the space – While this also applies to the organizational aspect of your space, we’re talking more about the image of your company here. Perhaps when you first began, your business was surrounded by a variety of other quality businesses. But ten years down the road, three spaces in the shopping center are empty and two of the other businesses have somewhat shoddy reputations.

At this point you need to ask…How is my business being represented by staying here? Could my brand be better represented elsewhere?

6. Analyze the Numbers

In the end, business always comes down to the numbers. So we have to ask…Have you analyzed the numbers? Do you know exactly what the additional costs associated with the move would be? And more importantly, have you determined a projected increase in traffic from visibility, sales, revenue, savings from process efficiency, etc. because of the move?

These numbers are perhaps the most important determining factor. If it doesn’t make sense on paper, then the fancy, new space won’t bring any more sense to the situation.

PMC Can Help Determine Your Space Needs

As we mentioned before, at PMC we care primarily about your success as a business. If you’re not succeeding, neither are we!

Our goal is to fit you in the best possible space for your unique needs, business size and growth opportunity. We don’t want to strap you financially with a space that is too large for your budget or needs. But we also don’t want to stunt your growth in a space that has you bursting at the seams.

Our expert team has had decades of working with business clients to determine what space best fits their goals. Let us help you find the right fit at the right time!

Call us today at 1.304.485.8000

The In-Store Experience for Retail in the MOV


What is it about Walt Disney World that captures the enjoyment, adoration and attention of young and old alike, appealing to people with all different tastes, preferences and life philosophies?

It’s the experience.

But that experience doesn’t simply result from a few decorations and one big showstopper presentation. The lure of Disney comes from an intentional strategy that utilizes every touchpoint a customer will have with their brand, from the bathroom decor to the parking lot traffic flow. Disney understands that even the most minute, subconscious details work together to form an essence – a feeling – about their brand.

As a retail store competing against the ease and allure of online shopping, your in-store experience becomes your greatest asset and ally in the battle for customers.

Practicing commercial property management in the Mid Ohio Valley has provided PMC the opportunity to partner with a variety of retail stores in the MOV, gaining us a few lessons in “the retail experience” through the years.

4 Tips for Creating a Retail Experience

Sell on something other than price

The validity of this one may be hard to accept; however, think about it. Will you ever be able to beat out online drop-shipping and Amazon Prime on price? Rarely.

So when your employees highlight price point while assisting customers, it does little to help the customer make a purchasing decision with you. It’s true that your prices need be within a competitive range, but don’t make that your most distinguishing factor.

Instead, sell on customer service, quality, material sourcing, etc. Train your employees to focus their efforts and conversation on these factors. We buy on emotion and justify with logic. Get the emotions to believe in your brand, and the logic will figure out why it’s important.

Focus on personal connection not the transaction.

Give them what they can’t get online

This is certainly a no-brainer, but still necessary to relate. Make your store a multi-sensory experience. If it helps, actually go through all 5 senses and determine what you’re doing to appeal to each of these in multiple ways.

Regardless of size, make sure your store offers the ability to touch, handle and “try” your product. This is your biggest advantage over online shopping.

Also, make sure you are providing pleasant sounds, smells and sights that are chosen to enhance your brand and the customer’s experience.

While perhaps not every retail store will have the capacity to provide “taste” to each customer, small boutiques have a unique opportunity to offer this experience through such things as coffee, cucumber water or other special treats.

Promote your employees’ passions

When hiring, don’t neglect the importance of passion for your product (or at least the industry you serve). Customers are much more likely to buy something an employee advocates for personally than something that is described through a memorized list of “qualities”. In this vein, you should budget for providing your employees the opportunity to use and experience your product when initially on-boarded.

Additionally, if your retail store has a variety of departments, attempt to place employees in the one for which they have the most interest. Allow their passion to shine, and in return, your product will shine right alongside it.

Do sweat the details

Again, part of why Disney World is so loved, inadvertently comes through the small details that one would probably have a hard time identifying. However, the subconscious realization that every single sight, sound, smell, interaction, etc. that one encounters throughout the trip was crafted to add to the enjoyment creates a sense of happiness and rest. This place is taking care of me. This place knows my needs. This place fits me well.

Small details deliver big results.

How about you? What are some other important aspects you have experienced in a retail store that make you a loyal customer? As a retailer, what are some things you currently do to enhance the in-store experience?

At PMC, we want to see our tenants succeed and love to help enhance the customer experience in any way possible. When you look at our available properties in the MOV, you’re not just getting a blank, sterile space. You’re getting a partner that is dedicated to growing your business and promoting your brand.

Call us today to see what’s available!

1.304.485.8000



7 Reasons to Open a Business in a Small Community

Little league soccer, street festivals and quaint farmers’ markets may typify the traditional small town community in today’s America, and these may not always be the signs an entrepreneur is looking for when considering a new business launch. However, small towns actually offer a plethora of benefits for the aspiring business owner. Take a look at just a few.

Advantages to Small Town Business

1. Lower Costs

Let’s face it. Real estate prices often match the size of the city, so your big-city locations will be accompanied by big-city rates. That’s not to mention the cost of living for you and your employees, nor the cost of doing business, with undoubtedly more regulations, fees, taxes and potentially higher supply costs. Think from a cost perspective and find affordable business locations in a smaller town.

2. More Incentives

Big cities often take business people for granted, simply because they’re a dime a dozen in these locales, even going so far as to make new business ventures difficult and costly. However, many small towns recognize the value of an entrepreneurial spirit and seek to attract those individuals with incentives for operating within their footprint.

3. Community Support

The community support found among small town organizations and community members is often much greater. A deep sense of collaboration, desire to support local businesses and pride in the community strengthen the likelihood of a business’s success.

4. Networking Opportunities

Everyone knows everyone in a small town, right? And while that may conjure up images of next door Mabel picking up her rotary handset every fifteen minutes to keep the town ‘updated’, the aspiring business owner can’t deny the benefits of effortless networking. Word-of-mouth promotion is a pillar of any new business and welcomed heartily by those who understand the benefits. Connecting with the decision makers and the leaders within a community comes much easier when the area has years of history and trust between families and individuals.

5. Less Competition

While you certainly have a greater pool of potential customers in a bigger city, you also must run neck-to-neck with numerous other businesses that provide the exact same service you do. Your brand can easily be overshadowed, or just simply lost in the wide swath of other look-alikes.  

In a small city, you may often have the opportunity to be the first business of your type in the area, creating not only a more loyal customer base, but also the standard by which all other followers are measured.

6. Better Quality of Life

Traffic. Pollution. Crime. We know it’s not impossible to navigate the difficult hurdles of big-city life, but it’s not easy. Small town living brings a sense of belonging, greater community involvement, a slower pace and less unrest within the economy, all resulting in better quality of life.

7. Future Opportunities

Whether you seek it or not, being an entrepreneur lands you smack dab in the middle of leadership and opportunity when the city begins looking towards expansion. You’ll be on the ground floor for development, providing you the opportunity to share from your experience and make a positive difference in the direction of the community.

Building Your Business: Take Action Today

It’s true – small communities need the bolstering benefits that business brings; however, you may find that your business gets just as much back from the community.

If you’ve been holding your entrepreneurial dreams with caution, now may be the time to stop dreaming and start doing. We’d love to hear about your business goals and help you find the perfect location to launch or expand your life’s dream.

Call us today at 1-304-485-8000.

Office Space for Rent: How Much Do I Need?

How Much Office Space Do I Need? Part II

Finding the Right Amount of Office Space for Rent

In our most recent article, we discussed some simple guidelines for determining how much office space to lease when you’re looking for available office space for rent. In this article, we’d like to dive into more specifics about square footage estimates for each different office type.

Why does it matter that you find the right amount of office space for rent?

  • You’ll avoid leasing too much space that becomes wasted money each month
  • You’ll be able to lease enough space so that your employees have the proper amount of room for completing their tasks
  • You’ll correctly estimate the allotted space needs for future company growth

Choosing the right amount of office space relies heavily upon knowing the proper space determinations for your needs.

group of employees in a rented office space discussing work with computers and coffee on the table

Guidelines for determining the right amount of office space for lease

Below are some general space guidelines for you to consider. Don’t forget to match these measurements up with our previous guide for determining how much office space you will need.

  • Large Office Space (for CEO or president) – 300 to 400 sq. ft.
  • Medium Office Space (for managers, accountants, engineers, etc.) – 150 to 200 sq. ft.
  • Small Office Space (for data entry, customer service employees, clerks, etc.) – 100 to 150 sq. ft.
  • Shared Office Space (for use with cubicles) – 80 to 100 sq. ft. per person
  • Reception Area – 100 to 200 sq. ft. + 10 sq. ft. per person waiting
  • Conference Room – 50 sq. ft. + 20 to 25 sq. ft. per person seated
  • Lunch Room – 75 sq. ft. + 25 sq. ft. per person seated
  • Storage or File Room – 150 to 200 sq. ft.

Most office spaces for lease include a common area for shared use. This may include a waiting room, bathrooms, hallways, or even large conference areas. It is important to know that your office space considerations will need to flex based upon the existence or absence of a common area.

Putting the pieces together: Determining the cost for renting available office space

All of these space considerations not only help you determine the proper amount of office space to lease, but also provide a basis for figuring your monthly lease amount based upon average leasing costs per square footage in your area.

When figuring these costs, it’s also important to understand what the cost of the common area space will be. Is it already wrapped into the price per square foot, or is it an additional fee that is separate from your monthly lease amount?

At PMC, our square footage costs stay separated from the Common Area Maintenance costs (CAM), which is added on as an additional required fee if applicable for your office space selection. Applicable fees will always be disclosed at the initial discussion to ensure you are able to make an informed and wise decision for renting the office space.

Call us today to find the ideal office space that will fit your company’s needs, physically and financially.

1-304-485-8000

How Much Office Space Do I Need?

Steps to Help You Determine the Right Amount of Office Space

It’s a question we get often, and an important one to consider before choosing your office space: How much office space do I need?

Of course, working with either your commercial real estate agent or a professional real estate management company in West Virginia would give you direct access to someone who could help you determine the answer to this need.

However, we understand many feel more comfortable knowing exactly how much office space they need before entering conversations with a professional. Below, we’ve outlined just a few steps to help you determine the best fit for your business’s needs, so that you can be armed with a plan when you give us a call.

List Out Personnel

First, write a list of all the different personnel that will be working in your office space. From the CEO to the office administrators, make sure that your list includes every position.

Identify Needs of Employees

Next, determine what type of actions will take place within each space. For instance, will the CEO need space within his or her office for private meetings that would include 3 or more people? Would an engineer need space for a drawing table? The more you determine the actions and needs of the space, the better you will be able to answer the question “How much office space do I need?”

Determine Needs of Customers within Space

Also closely related, it’s imperative that you list all the actions and needs that will be required by patrons visiting your business. If this is a medical office, patient examination rooms will be necessary. Perhaps a separate room for x-rays will be required. Will a waiting room be necessary? Will a board room be needed in the event of larger meetings?

Other Space Considerations

Here are a few other important space needs to consider:

  • Will you need a file room or mailroom?
  • Will you need a lunch/break room?
  • Will a kitchen be necessary?
  • Do other rooms need space for sinks (i.e. patient examination rooms)?
  • Will you need a storage room?

Factor in Growth

After all of these space needs have been determined, it’s important that you look to the future and consider your company’s growth potential. We certainly hope that you’re planning on growth, and if so, you’ll need to consider that when looking at your space. A general rule of thumb is to plan for 10-20% more space than you currently need if you’re signing a 2-5 year lease. This allows you ample space for growth without hurting your current cash management needs.

Plan Now to Save Later

Thinking through all of these questions now will save you headaches down the road when you’re squeezing into too little space or you’re paying for far too much.

Stay tuned for our next article in this series, as we will be giving you space guideline suggestions for each type of office or retail space.

As always, if you have any questions that we can help you answer, please call us today!

1-304-485-8000

Should You Buy or Lease Your Commercial Real Estate?

Pros and Cons of Buying vs Leasing Commercial Property

While running a business is rewarding, the list of stresses and pressures that accompany any business owner seems to multiply around every bend in the road. And with each added pressure, productivity can suffer.

Thankfully, every pressure, whether small or large, provides an opportunity for change and growth, bringing more efficiency and productivity. There is always a solution to every obstacle.
You simply must find the right solution for your company.

Don’t let your building space distract from the primary goal

One foundational factor that ideally should warrant the least amount of stress and time, your building, often can become the biggest stress.

Your physical property should be one that supports your daily operations, displays your company’s environment and stands as a professional testament to your success, without detracting from company goals.

Your space should offer efficiency, versatility and functionality. Therefore, you must ask yourself “Will those goals best be achieved by buying or leasing my commercial space?”

Which is best? Is buying or leasing commercial property more cost effective? When does buying vs leasing make the most sense for a business?

All important questions to ask.

That’s why we’re providing you with a quick comparison for buying vs

leasing commercial property.

Buying Vs Leasing Commercial Property

Below we’ve outlined the top three areas of consideration for your space and the effects both buying and leasing have on each.

  • Your Cost
  • Your Time
  • Your Flexibility

Your Costs – How does your building affect your P&L?

Whatever you want to call it – cash flow, the bottom line, the P&L – the cost of any decision is certainly the most profiled factor of a business. So which option is the most economical – buying or leasing? Let’s take a look.

Upfront Costs

  • Buying – Your upfront costs when buying are generally 10 – 25% of your entire purchase price
  • Leasing – Upfront costs for leasing generally consists of the first and last month’s rent

Working Capital

  • Buying – With large investments in the down payment and building upgrades, much of your working capital is tied up in the building
  • Leasing – With minimal upfront investment, cash is available for more business growth and continued investment opportunities

Property Repairs

  • Buying – You are solely responsible for funding and maintaining repairs on your property
  • Leasing – The burden of the property upkeep and repairs rests with the landlord

Appreciation

  • Buying – Owning allows you the opportunity to benefit from long-term appreciation in value
  • Leasing – No appreciation assets available through property investment

Your Time – How does it affect your time as a business owner?

Time is Money. And those that have run a business for any amount of time, fully understand the value of that statement. You can’t do it all. You must determine if your building maintenance is one area in which you are willing to give your time or not.
Property Management

  • Buying – Your time and attention must be given to the upkeep and management of the property
  • Leasing – The landlord invests the time and attention for the needs of the property

Your Flexibility – How does it affect your ability to be flexible as a business?

Fixed vs Variable Rate

  • Buying – Fixed rate on most building mortgages can allow you to plan well for the long run
  • Leasing – Monthly rates can vary and change with the market, requiring more strategic planning for unexpected price adjustments.

Growth considerations

  • Buying – Better for a stable company with established systems and company size
  • Leasing – Better for a new or rapid growth company, that may need to change property locations more easily

Location

  • Buying – Can experience limitations if stuck in a location that may no longer fit your needs, or may have hit a temporary dip in property value depending on current real estate market
  • Leasing – Flexibility to move without concern of the current building value, allowing ample opportunity for growth and expansion

Ultimately, you must closely analyze numerous factors of your business, including current working capital, future cash flow needs, growth potential and long-term investment goals.

Both buying and leasing have a place in different cycles of a business’s lifespan.

And while PMC offers commercial leasing as our primary service, we have determined never to recommend a space or situation that is not right for your business. We have helped hundreds of businesses find the right solution for their unique situation, even if that means recommending something outside of our holdings.

However, we would be remiss not to suggest leasing as a viable and preferable option for your business. After all, we service commercial leasing because we believe that it provides an optimal solution to businesses.

We find the most satisfaction in our business when we are providing the right solutions to our clients. Let us help you determine what space is the right fit for you!

Call PMC today at 1-304-485-8000.

“Thank You” to Our Employees!

We believe our employees are our greatest asset. Without the men and women that make the gears turn behind the scenes, our reach would be limited. It is only through the dedication and hard work of our team that we are able to successfully grow, provide more value to our customers and change more lives through our work.

So today, on National Employee Appreciation day, we want to say thank you to all of our employees that stand with us as an integral part of the PM Company team. You all have taken on the PMC vision as your own, and we are grateful for your contribution to our business, day in and day out.

We asked employees in three different departments to answer a few questions that show their perspective as they work in this industry. Enjoy their answers below!

Lisa Collins, Marketing Strategist at PMC

What do you enjoy about the industry you are in?

“I’m fascinated by the way commercial real estate is an indicator of the economy. I never looked at it that way until I came to work for PMC. If new business is investing here, that means our economy is still moving in a positive direction. Even though we have a couple of big, empty buildings in our area right now, major companies are still looking at us. That’s a great sign.”

What does a “win” look like for you?

“A win for PMC is a tenant who is happy with their location and their service.  A win is a client who feels we’re always a step ahead in looking out for their interests. For me personally, as a brand builder for the company, a win is when people recognize PMC as a professional, thoughtful organization made up of people who care about making this valley a better place to live and do business.”

What gets you through the hard days?

“At the moment? Seeing that Starbucks in progress outside our front window!”

Kelly Cale, Banquet Captain at Grand Pointe Conference & Reception Center

What do you enjoy about the industry you are in?

“I enjoy learning as much as I can about the banquet/restaurant/hospitality industry.  I enjoy striving to be the best that I can be in an ever changing industry. Each event is different and unique in its own way.  Each event pushes you to learn something new, whether you’re learning about the AV system, or what gluten free is.”

What does a “win” look like for you?

“A “win” for me is when every single guest leaves Grand Pointe smiling and full of compliments. Another win would be when a group re-books because of the excellent  service and food that they experienced at Grand Pointe.”

What gets you through the hard days?

“We have a lot of long days. What gets me through the hard days is meeting with my team. We take about 30 minutes out of each shift and go over each event as well as our personal lives. It’s important to me that my team knows that I truly care for their health and wellbeing inside and outside of work. If they need someone to talk to, I am confident that they know that any one of our team would listen and help them in whatever way they can.”

Stanley Durrett, Maintenance Staff at PMC

What do you enjoy about the industry you are in?

“I like the diversity of the work. I have set things I have to get done, but things can change quickly, which I like.”

What does a “win” look like for you?

“When everyone works together as a team and gets things done. This morning, I needed help with something and called a fellow employee to come help. He came right away and we got it done.”

What gets you through the hard days?

“I just try to keep a positive attitude and stay flexible.”

We are so thankful for every one of our employees. They carry on our vision here at PMC to value each relationship, whether client, tenant, employee or vendor, and to provide superior customer service.

Thank you, PMC and Grande Pointe employees. We could not do this without you!

Navigating Snowy Property Conditions in the MOV

In mid December, it looked as though we might enjoy a record-breaking warm winter. By the end of the month, however, the typical frigid temperatures had arrived right on cue.  MOV’ers are no strangers to snow and icy conditions, but sometimes we forget to be as careful as we should as we rush from place to place. We’ve outlined a few helpful tips to keep in mind as you navigate slippery conditions.

Out and About at Properties in the Mid Ohio Valley

Make sure you wear proper footwear

If your walk to and from the building is of any significance, consider the shoes you will be wearing. Make sure they have a greater amount of traction, such as shoes with rough soles, thermoplastic rubber soles or even the convenient option of ice cleats that attach to your existing footwear.

Give yourself extra time

If under a time limit, plan an extra 10 minutes to your travel time. This will allow you the peace to traverse slowly across parking lots, sidewalks and slippery entryways. If possible, stay clear of areas that appear too dangerous or poorly maintained.

Keep your focus

Avoid distractions while walking through areas with snow and ice. Put the phone away. Avoid a conversation with a fellow employee. Make sure loads being carried are easily handled and not overbearing.

Focus your full attention on the ground in front of you, ensuring that you are cautiously navigating slippery areas.

Be aware of problem areas

Every parking lot has particularly difficult spots to maintain, whether it be a low area in the pavement or sidewalk, a highly trafficked area where snow has been packed down, or drainage areas from downspouts. Make sure you carefully cross these areas or avoid them altogether.

Inside can also pose a problem. Ice and snow that has melted on the smooth slippery surface of most business entrances can bring just as many dangers; as can the packed snow that may have accumulated on your shoes during your trek inside.

Again, simply take the time to be mindful of where you are walking and purpose to take extreme care.

Maintaining Properties as the Business Owner

Maybe you’re the business owner, and you take seriously the responsibility to keep your establishment free of potential hazards. Here are a few suggestions for your property upkeep during snowy conditions.

Pay close attention to trouble spots

As mentioned above, many properties can produce trouble areas for snow and ice maintenance. Pay close attention to low spots in the parking lot or sidewalks, as well as heavily trafficked areas with severely packed down snow.

Make sure that downspouts are not draining directly into walkways, and if no other drainage option is possible, focus more care and immediate attention on the drainage areas.

Clear areas frequently

Plowing and shoveling often is desirable to keep walkways well maintained. It is helpful to determine beforehand what amount of snow will warrant plowing and stick to that schedule during all downfall (during business hours).

Establish predetermined areas for piling the collected snow that will not prove more dangerous in the long run.

Of course, snow melt and salt are often necessary elements for decreasing slippery conditions. Use as needed for melting difficult icy spots.

Don’t forget the inside hazards

Moving inward, make sure that ample mats are spread just inside the door to catch all snow and ice. Even consider adding an extra mat during snowy conditions. Also, a simple warning sign about the slippery surface may serve enough reminder for patrons to be careful as entering.

Ultimately, as business owners, do your best to keep your property free of potential hazards, providing your patrons and employees with a stress-free experience.

A Real Estate Management Company in the MOV that Does it All for You

At the PM Company, we enjoy providing snow and ice management for our tenants, so you don’t have that worry. If your current property has become difficult to maintain with little help from your management company, consider the PM Company for your relocation.

We have numerous prime locations to choose from and a team of experts available to customize and renovate your space.

Look through our current available properties in the MOV or call us today for more information!

1-304-485-8000

Spirit of Giving 2017 Smashes Records

The PM Company has announced their 10th annual Spirit of Giving fundraising has broken all previous records, with the total raised exceeding $50,000.  PMC is matching those dollars raised in the community, bringing the total to be given to local charities to $116,000.

For the tenth year in a row, the PM Company and Minnite family elected to forego traditional gifts to tenants and vendors with whom they do business, giving the money instead to area non-profits.

PMC created the Spirit of Giving Fund at the Parkersburg Area Community Foundation, and they invite those businesses to join them in raising funds and awareness for the designated charities.  The PM Company then matches the money raised. “This is the perfect way for us to come together with our business associates and friends, to demonstrate the spirit of the season,” said Karmyn Minnite Conley, one of the Managing Partners. “We look forward to this gift-giving all year, because we get to benefit so many important efforts.”

Spirit of Giving has donated in excess of $500,000 in the last nine years, and they planned to celebrate their 10th anniversary with their largest year ever. The goal was to raise $50,000, and match it, bringing the total to $100,000.

Student, business and civic groups were also invited to participate by collecting items from Wish Lists provided by the charities.  Donations were collected by Student United Way, Ohio Valley University, Berkshire Hathaway, Mt. State Oral Surgeons, the office of Dr. Florence, the Big Red Archery Team, Put Supplies Plus, and others.

In addition to PMC and Grand Pointe Conference and Reception Center, major sponsors for the event also included Family Carpet, Huntington Bank, Peoples Bank & Insurance, and United Bank. Each company donated $5,000 toward the effort.

PMC Announces Recipients for Tenth Anniversary of Spirit of Giving Effort

The PM Company has announced their 10th annual Spirit of Giving fundraising has broken all previous records, with the total raised exceeding $50,000.  PMC is matching those dollars raised in the community, bringing the total to be given to local charities to $116,000.

For the tenth year in a row, the PM Company and Minnite family have elected to forego traditional gifts to tenants and vendors with whom they do business, giving the money instead to area non-profits.

PMC created the Spirit of Giving Fund at the Parkersburg Area Community Foundation, and they invite those businesses to join them in raising funds and awareness for the designated charities.  The PM Company then matches the money raised. “This is the perfect way for us to come together with our business associates and friends, to demonstrate the spirit of the season,” said Karmyn Minnite Conley, one of the Managing Partners. “We look forward to this gift-giving all year, because we get to benefit so many important efforts.”

Spirit of Giving has donated in excess of $500,000 in the last nine years, and they planned to celebrate their 10th anniversary with their largest year ever. The goal was to raise $50,000, and match it, bringing the total to $100,000.

Student, business and civic groups were also invited to participate by collecting items from Wish Lists provided by the charities.  Donations were collected by Student United Way, Ohio Valley University, Berkshire Hathaway, Mt. State Oral Surgeons, the office of Dr. Florence, the Big Red Archery Team, Put Supplies Plus, and others.

In addition to PMC and Grand Pointe Conference and Reception Center, major sponsors for the event also include Family Carpet, Huntington Bank, Peoples Bank & Insurance, and United Bank. Each company donated $5,000 toward the effort.

PMC Announces Recipients for Tenth Anniversary of Spirit of Giving Effort

The PM Company has announced their 10th annual Spirit of Giving fundraising has broken all previous records, with the total raised exceeding $50,000.  PMC is matching those dollars raised in the community, bringing the total to be given to local charities to $116,000.

For the tenth year in a row, the PM Company and Minnite family have elected to forego traditional gifts to tenants and vendors with whom they do business, giving the money instead to area non-profits.

PMC created the Spirit of Giving Fund at the Parkersburg Area Community Foundation, and they invite those businesses to join them in raising funds and awareness for the designated charities.  The PM Company then matches the money raised. “This is the perfect way for us to come together with our business associates and friends, to demonstrate the spirit of the season,” said Karmyn Minnite Conley, one of the Managing Partners. “We look forward to this gift-giving all year, because we get to benefit so many important efforts.”

Spirit of Giving has donated in excess of $500,000 in the last nine years, and they planned to celebrate their 10th anniversary with their largest year ever. The goal was to raise $50,000, and match it, bringing the total to $100,000.

Student, business and civic groups were also invited to participate by collecting items from Wish Lists provided by the charities.  Donations were collected by Student United Way, Ohio Valley University, Berkshire Hathaway, Mt. State Oral Surgeons, the office of Dr. Florence, the Big Red Archery Team, Put Supplies Plus, and others.

In addition to PMC and Grand Pointe Conference and Reception Center, major sponsors for the event also include Family Carpet, Huntington Bank, Peoples Bank & Insurance, and United Bank. Each company donated $5,000 toward the effort.

Mid-Ohio Valley Volunteering Opportunities

Want to Give Back this Holiday but Not Sure How?

Here’s a list of MOV volunteering opportunities for the holidays

An eloquent statesman and inspirational leader, Winston Churchill’s words are quoted often, “We make a living by what we get, but we make a life by what we give.”

At the PM Company we certainly enjoy our work as a real estate development company in the Mid Ohio Valley; however, an even greater joy is the opportunity to give back to others.

Yes, we view it as the right way to live, but we also give back because life is so much fuller when you give more of it away.  

Quote from Winston Churchill

Besides providing numerous health benefits, as many studies show, volunteering brings happiness and meaning.

Simply put…giving is fun! And we hope you’ll give it a try this holiday season.

Below, we’ve highlighted just a few of the local volunteering opportunities in which you can participate this year.

Consider these opportunities for your employee group, religious group or even collection of families and friends. It’s always rewarding to volunteer with others you know and love.

You’ll see throughout that those opportunities suitable for families with children are indicated under the “notes” section. However, always make sure to contact the organization with any specific questions you may have about ages of the children you will be bringing.

Volunteer Opportunities in the Mid-Ohio Valley

Parkersburg/Vienna Volunteer Opportunitiesgirl volunteering in Marietta, OH

Friendship Kitchen meal ministry of North Parkersburg Baptist Church that serves meals for those in need throughout the year and at Christmas time

Location: 3109 Emerson Avenue Parkersburg, WV

Serving Opportunities: Christmas Luncheon for 300 – 500 people in need

Serve food and help with simple meal prep

Wrap holiday gifts going to lunch participants, monitor gift tables

Clean up after the event

Contact: Susie Meredith, 304-428-3293, susiemeredith@northpbc.org

Notes: Please contact Susie for more information and to sign up no later than December 10th. Appropriate for families.

Latrobe Street Mission – a mission that provides resources, opportunity, and shelter for the homeless

Location: 1725 Latrobe Street, Parkersburg, WV 26101

Serving Opportunities:

Provide a weeknight dinner for residentsCheck the dinner schedule here to find an open night. Have your family work together to make a meal, or grab a few families and do it all together!

Greeting at the missionGreet those that visit the mission with a warm smile and helpful word.

Sorting and OrganizingThe thrift store is always in need of volunteers who are able to sort through the many donations received.

Contact: info@latrobestreetmission.org, (304) 893-9460

Notes: Appropriate for families

Salvation Army of Parkersburginternational mission dedicated to meeting human needs in any capacity possible

Location: 534-570 Fifth St. Parkersburg, WV

Serving Opportunities:

Red Kettle Campaign – Bell ringers needed! Families are welcome.

The Angel Tree Program

Purchase clothes and toys for a specific child in need this holiday

Help distribute holiday gifts for Angel Tree program on distribution day

Thanksgiving Meal 4 different opportunities to assist on Thanksgiving:

Food preparation: 9:00 AM (16 and over)

Serve food: 11:30 AM (16 and over)

Clean up: 1:00 PM (16 and over)

Meal Delivery to elderly: 11:15 AM – families welcome

Food Drive – Holiday food donations assist in Thanksgiving and Christmas dinner baskets as well as meals provided during the week

Contact: Shirley Grogg, 304-485-4529 ext. 203

Notes: Appropriate for families.

Old Man Rivers Missionlocal organization providing a food pantry and meal opportunities throughout the year

Location: 703 Pike Street Parkersburg, WV

Serving Opportunities:

Food Pantry – open on Mondays, Tuesdays and Fridays, the food pantry can always use volunteer help for organizing and sorting

Weekend Meals – serving upwards of 500 families per month, the weekend meal program is always in need of volunteers

Contact: Jeanette or Bill, 304-428-6677

Notes: Opportunities may vary. Contact the mission for specific information.

 

Humane Society of Parkersburg – provides shelter, rehabilitation and adoption for homeless animals

Location: 506 29th Street, Parkersburg, WV

Serving Opportunities:

The Humane Society offers a variety of volunteer opportunities, from walking dogs to helping decorate for the holidays. For a complete list, visit their website at http://www.hsop.org/general-information

Contact: 304-422-5541

Marietta Volunteer Opportunities

Salvation Army of Marietta – international mission dedicated to meeting human needs in any capacity possible

Location: 136 Front Street, Marietta, OH

Serving Opportunities:

Red Kettle Campaign – Bell ringers needed at a variety of locations around Marietta! Families and groups are welcome. Ringing starts November 17th.

Contact: Aaron Moore, Captain, 740-417-1480 or message on facebook

Notes: Appropriate for families.

 

Washington Morgan Community Action – a non-profit community-based organization that strives to properly assess and meet the needs of Washington and Morgan Counties

Location: 218 Putnam Street, Marietta, OH 45750

Serving Opportunities:

Secret Santa – Choose a child or family that does not have the means to enjoy gifts this year at Christmas and be a secret santa to them! You will receive a complete wish list with sizes and toys desired and be able to shop for the child or family.

Secret Santa Organizing – Help in the distribution center anytime from November 27 – December 14 as many gifts and toys will need organized and distributed.

Contact: Cathy Rees, 740-350-6126

Notes: Appropriate for families.

 

Humane Society of the Ohio Valley – providing shelter, rehabilitation and adoption for homeless animals

Location: 90 Mount Tom Road Marietta, OH

Serving Opportunities:

The Humane Society offers a variety of volunteer opportunities, from walking dogs to taking animals to nursing homes. For a complete list, visit their website at http://hsov.org/how-can-i-help/

Contact: 740-373-5959

Marietta Main Street – local nonprofit focused on economic development through historic preservation

Location: 100 Front Street, Suite 300, Marietta, OH

Serving Opportunities: Merry-etta Christmas Parade

Date: Saturday, November 25th

Parade Volunteers – 15-20 volunteers needed for the Merry-etta Christmas Parade. Parade starts at 6 p.m., volunteers need to be present at 3:30 p.m. and meet at the Food4Less lot in Marietta

Appropriate for volunteers 18+

Contact: Christie Thomas, 740-885-8194

Notes: Great for a group. Please contact Christie asap if interested so that she is able to prepare materials ahead of time.

 

La Musee Rose – a local nonprofit organization focused on discovering the untold story of women’s contributions to Washington County, Ohio and Wood County, West Virginia

Location: 300 Fourth Street, Marietta, OH

Serving Opportunities:

Museum Exhibit Oversightopen museum displays with a short intro on organization and exhibit during times.

When: Weekly on Monday, Tuesday, Wednesday or Friday from 10-2

Contact: Jenny Powers, powersjh1@gmail.com

Notes: This opportunity exists throughout the year. Times available must be consistent. Not suitable for families with small children.

 

Washington County Historical Society – a local nonprofit dedicated to collecting, studying and preserving all items pertaining to the history of Washington County, Ohio

Location: Marietta, OH

Serving Opportunities:

Organization and Inventoryhelp organize and inventory historical society’s collection

When: Weekly on Monday, Tuesday, and Thursday from 10-2

Contact: Sarah Bird, sarah.wchs@gmail.com

Notes: This opportunity exists throughout the year.

 

The Veterans Museum of Mid-Ohio Valley – local nonprofit

Service Location: Marietta Rinks 404 Fort Hammer Dr, Marietta, OH

Serving Opportunities:

Huge Outdoor Yard Sale – need volunteers to assist with all aspects of the yard sale happening at the Marietta Rinks, including sorting and organizing

Date: December 1st, 2nd and 3rd, starts at 10:00 AM on 12/01

Contact: Gloria Husk, 304-420-0332 or 304-966-2040 (cell)

Notes: A family friendly event with drinks and refreshments supplied. All proceeds for the yard sale will go to support the Veteran’s museum.

Belpre Volunteer Opportunities

Blessings in a Backpack – organization providing weekend meals for school children that do not have adequate food at home

Location: serving approximately 200 children in the Belpre school system

Serving Opportunities:

Pack a Backpack – help sort and pack weekend meals for local children in need

Donations – provide food or monetary donations for the local ministry

Contact: Amanda Purdue, 304-210-8308

Notes: Appropriate for families

 

Belpre Holiday Lights Festival – presents a series of lighted displays celebrating the holiday season, local groups and themed displays to all visitors with a self-guided driving tour of the city

Location: Belpre City Park

Serving Opportunities:

Display Construction and Set upIf you’re handy and/or creative, help is needed to set up, construct and maintain lighting displays

Donation Booth – man donation booth and hand out candy canes to local visitors

Contact: Karen, 740-423-8934

Notes: Appropriate for families

Other Volunteer Ideas for the Mid Ohio Valley

Local Churches – Most local churches have a variety of volunteer opportunities for you and your family. From holiday gift services, food drives and even holiday meals, many churches offer some sort of way for you to give back during the holidays.

Nursing Homes – Elderly individuals in nursing homes often experience great loneliness, especially during the holidays. Many opportunities exist for service to these individuals. If musically talented, consider singing fun Christmas carols. Sit and play cards with them. Deliver handmade gifts and cards. Just talk and laugh with them. It’s amazing the way their histories and stories can enrich your own life if you simply take the time to listen.

Local Arts Organizations – Both Parkersburg and Marietta offer community theaters that often need help during and after productions. Or simply consider a holiday donation to these organizations that provide opportunities for the arts within our community.

https://midohiovalleyplayers.org/

https://peoplesbanktheatre.com/support/volunteer/

http://www.actors-guild.com/

http://www.parkersburgartcenter.org/vounteer/

Donations – All of these organizations greatly benefit from monetary donations as they are nonprofits dedicated to giving, not getting. Sometimes this is the best way that you can help. Consider giving back financially this season if you are able.

Volunteermov.org – This site offers a great resource all year long for volunteer opportunities in the Mid Ohio Valley.

While we realize this list is not comprehensive, we hope it provides some direction in your search for ways to give back. If you know of more volunteer opportunities in the MOV, please share with us on facebook!

Whatever way you give back this year, we hope you find value and joy in your giving.

Go make a life, not just a living.

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Blog: PMC Gearing Up for Spirit of Giving Recipients 2017

PMC Announces Recipients for Tenth Anniversary of Spirit of Giving Effort

Jason Minnite congratulates Jeanette Flowers and Melissa Ogden, representing Faithlink.

The PM Company has announced the 2017 recipients for their 10th annual Spirit of Giving fundraising effort, to be conducted through the months of October and November. Final totals will be announced in December, when checks are presented to organizations named below.  For the tenth year, the PM Company and Minnite family have elected to forego traditional gifts to tenants and vendors with whom they do business, giving the money instead to local charities.

PMC created the Spirit of Giving Fund at the Parkersburg Area Community Foundation, and they invite those businesses to join them in raising funds and awareness for the designated charities.  The PM Company then matches the money raised. “This is the perfect way for us to come together with our business associates and friends, to demonstrate the spirit of the season,” said Karmyn Minnite Conley, one of the Managing Partners. “We look forward to this gift-giving all year, because we get to benefit so many important efforts.”

Spirit of Giving has donated in excess of $500,000 in the last nine years, and they hope to celebrate their 10th anniversary with their largest year ever. The goal is to raise $50,000, and match it, bringing the total to $100,000. Those interested in donating to the fund may do so by sending gifts to Spirit of Giving Fund, attn PMC, 1000 Grand Central Mall, Vienna WV 26105. Online donations may be made at www.pacfwv.com/SpiritofGivingFund.

Follow the progress of the effort at Spirit of Giving on Facebook, or on the PMC Facebook page.

Student and civic groups are also invited to participate by collecting items from Wish Lists provided by the charities. Those who would like to help may email lisa@thepmcompany.com  for more details.

 

2017 Recipients of the Spirit of Giving Fund are as follows: 

 Artsbridge, Belpre Area of Ministries, Faithlink, Family Crisis Intervention Center, Firefly – A Spark of Hope, Gabriel Project of WV, YMCA of Parkersburg, Parkersburg Day Nursery, Stout UMC Backpack Ministry, Veterans Museum of the MOV, North Place Maternity Home, Humane Society of Parkersburg SPOT Clinic, Smoot Theatre, Belpre Area Ministries, Mid-Ohio Valley Fellowship Home.

In-kind assistance  is being provided to:

MOV Multi-Cultural Festival,  Children’s Home Society of WV and  Salvation Army.

Spirit of Giving Supports New Agencies in 2016

The PM Company held its annual Spirit of Giving event Thursday, December 8th, and announced the 2016 recipients for their annual fundraising effort, for a total of $60,050 to be shared among the agencies. For the ninth year, Pat Minnite, Sr. and his family elected to forego traditional gifts to tenants and vendors with whom they do business, giving the money instead to local charities.

This brings the total cash and donations distributed by Spirit of Giving to nearly a half million dollars. PMC created the Spirit of Giving Fund at the Parkersburg Area Community Foundation, and they invite area businesses to join them in raising funds and needed items for the designated charities. The PM Company then matches the money raised. “This is the perfect way for us to come together with our businesses and friends, to demonstrate the spirit of the season,” said Managing Partner Karmyn Minnite Conley. “We look forward to this gift-giving all year, because we get to contribute to so many important efforts.” The company has set a fundraising goal of $100,000 for 2017, in celebration of their 10th anniversary.

2016 Recipients of the Spirit of Giving are Belpre Area Ministries, Family Crisis Intervention Center, Habitat for Humanity MOV, Firefly: A Spark of Hope, Parkersburg Art Center, Faithlink, and Artsbridge. This year, for the first time, Student United Way members from high schools throughout the Mid-Ohio Valley collected canned food to donate to Belpre Area Ministries, as part of the effort.

Since 1980, The PM Company has served the Mid-Ohio Valley’s real estate development and management needs. PMC currently holds approximately a million square feet in commercial and retail properties, housing 120 tenants, as well as ownership of the Grand Pointe Conference and Reception Center and partnerships in several area hotels.