theSmallTenant.com is an innovative new web site where small businesses searching for office, retail, or industrial real estate are connected directly to available space offered by owners and brokers. The site specializes in spaces under 7000 sq. ft. and provides an efficient and low cost method to market small commercial real estate.
Southport, CT (PRWEB) December 15, 2004 -- Colleen Sheridan, a 20 year veteran of the commercial real estate industry has launched theSmallTenant.com – an innovative web site where small businesses searching for office, retail or industrial real estate are connected directly to available space offered by owners and brokers.
The new site specializes in commercial real estate less than 7,000 square feet in size, which represents approximately 25% of the 10 billion square foot US real estate market and 70-80% of all commercial leases executed each year.
As a broker I knew the difficulty in marketing small units of commercial space to small business owners. Traditional methods are expensive and ineffective - a hit-or-miss proposition that does not offer the searching tenant the depth and breadth of information they need to make such an important business decision." says Sheridan, founder and CEO.
theSmallTenant.com is an easy to use website that all users can access free to search the database of available properties. The sites Property Showcase" offers comprehensive information including photos, floor plans, data sheets, map and direct contact links. Tenants can contact the broker or owner of the property directly to ask questions or make appointments, which makes searching for space faster and easier for the tenant and more efficient for the broker/owner.
The site also provides the Commercial Leasing Guide" written by Sheridan, which helps new tenants understand the complexity of commercial real estate, determine the amount and type of space needed for their business and how to find it. With the Ask TST" feature tenants can email questions to theSmallTenant.com experts about the leasing process or terms that might confuse the novice tenant and get personalized answers.
In addition to the property ads and guide, the site offers a directory of local service providers with goods and services that small businesses need. By offering a place to search for a local accountant, restaurant, architect, painter, or office supplier, theSmallTenant.com becomes a resource for the new tenant relocating from another area." says Kathryn Strachan, Chief Marketing Officer.
Today, small businesses are turning to the Internet to search for everything from office space to paper clips." says Strachan. According to Overture, the search engine for Yahoo and its partner sites, there are over 100,000 searches for the key words office space" on the Internet each month.
There are other commercial real estate websites, however, none are dedicated solely to connecting small tenants with small units of space. We wanted to make our site user-friendly for tenants, brokers and owners," says Sheridan, so we developed a low-cost pay-per-placement advertising method, which does not require long-term contracts, annual memberships or complicated registration procedures to submit ads or search the database."
theSmallTenant.com is a marketplace where small businesses, brokers and owners connect to bring efficiency to this highly fragmented portion of the commercial real estate market. An owner or broker can advertise their property on theSmallTenant.com at a rate significantly lower than local newspapers or other online classifieds - for as little as the price of a cup of coffee a day!" says Strachan, and property owners and brokers can update their ads online at will - they do not need a website of their own to gain national, regional or local exposure."
The website launched in October with properties from CT, NY and NJ to test its proprietary ad insertion software and is expanding nationally and internationally over the next few months.
To Learn more or place your property ad go to; www.theSmallTenant.com
Contact: Kathryn Strachan, theSmallTenant.com, Inc., 742 Mill Hill Terrace, Southport, CT 06890
Phone - 203.292.3608, Kathryn@theSmallTenant.com
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