Businesses face space quandary: Lease, buy or build new facility?

A few years ago, Dave Nielsen was at a crossroads.

His business, Dave Nielsen Ltd., was quickly outgrowing its 3,000 square feet of leased warehouse and office space at a Boulder industrial park. When the landlord of the facility raised the rent, Nielsen faced a tough decision: Should he continue to lease space for his small business, perhaps moving into a larger facility? Or was it time to own a building? And if so, should he buy or build?

It is a quandary that many growing small businesses face, and experts…