SPACE DATABASE

John Zsolt's Vision For Space Database

Space Database was founded on the simple but powerful idea that something as basic as a CAD file could add value to a building.

John Zsolt came up with the idea for Space Database during the real estate recession of the 90's. No one was hiring newly minted architects at that time so John created his own job. As a self-employed designer, John worked on basic office interiors. Conventional wisdom dictated that a designer would measure a space and create a base drawing to work from - every single time there was a change in the building. John thought there had to be a better way.

Through his real estate connections, John observed how landlords struggled with the task of calculating area for rents. Property managers used measuring tape, grid paper and calculators. Was this accurate? There had to be a better way. MORE>

Lessons From the Early Nineties
by Chris Gadula

In the early 1990s Canada went through an ugly property bust and recession. Growth was stagnant in 1990, contracted a full 2.1% year-over-year in 1991, and was stagnant again in 1992 as the economy faced a multitude of challenges.

The Bank of Canada was waging a war on inflation and raising interest rates, the government had introduced the GST and, faced with a revolt by international creditors, took an axe to government spending.

The crucial point in this current economic contraction is whether the U.S. and Canadian consumer also goes to ground. Many young Canadians who have grown up in the glory days of the recent resource and real estate boom don't know how miserable it can be when consumer spending dries up. MORE>

Morguard’s Web Strategy – John Zsolt Interviews Scott Thomas at Morguard
by John Zsolt

How does an industry leader like Morguard view their web strategy? Scott Thomas was responsible for developing the parameters of the design and functionality of Morguard's exceptional web site. Scott was kind enough to share his thoughts on marketing, corporate branding and new site development:

[John Zsolt] What were some of the key challenges you faced in developing a web strategy for Morguard?

[Scott Thomas] There were many challenges in developing our site, however the greatest challenge was creating a structure that would allow us to present an integrated view of six Morguard companies, while presenting a common look and feel. We needed to be able to both present a common brand promise yet allow each entity to maintain some individuality. Of particular concern was that within the six groups there were three public companies, which needed to maintain themselves as unique entities. MORE>

Marketing Technology
by Mikael Sandblom

Commercial real estate is now a tenants' market. As a landlord, how are you going to attract and keep the best tenants? How are you going to win lease deals against increasing competition?

Every leasing manager knows the three things that need to be done to attract new tenants.

  1. First, when you advertise, prospective tenants need to be able to find out important information (price/sq.ft., sq.ft. available, location) about your building.
  2. Next, you need to differentiate your offering from other properties. You have to help the tenant visualize themselves in the space.
  3. Finally, you need to ensure that you have all the documentation and information to prevent any problem that could get in the way of closing the deal.

The good news is that there are several new web based tools that can help leasing managers in all three of these goals. MORE>

In this issue
John Zsolt’s Vision For Space Database
Lessons From the Early Nineties
Morguard’s Web Strategy – John Zsolt Interviews Scott Thomas at Morguard
Marketing Technology
 
 

 

 

 

 

 

 

John Zsolt

On March 1st, 2009. John Zsolt passed away due to injuries sustained in a snowboarding accident.

John was the original founder of Space Database. He was a great colleague, mentor and true friend to all of us here and he will be profoundly missed.

A scholarship has been set up in John's honor to support youth that have gone through the Children's Aid system. Click here to donate to the BOMA Toronto John Zsolt Scholarship.