Journey To $100 Million

Buying Commercial Property for Your Business

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Synopsis

The office space that we’re currently in is one Erik actually owns and bought about 2 years ago. The first office space we were in was really small although it was tri-level; go down and you’re in a basement that we used as a conference room and up to find the team’s workspace. It was in a really old building but it kept having problems. For example, the week we moved in, the AC was broken and we couldn’t move in then when it got cold out, the heat didn’t work so we had to be out of the office again. Then all along the way, there were so many problems that the team couldn’t actually work out of there consistently. So, Erik decided to find a new office closer to where he lived. He was looked at one that was essentially just a shell of a building – concrete floors, concrete walls – and he bought it with the plan to fix it up for several reasons: 1) to get out of Norfolk and be closer to home; 2) he knew the company would be here for a couple years and it would take a while to outgrow it. He had never owned a c