Analyzing your Office Space Needs
Analyzing your office space needs is an important part of securing the right office space for your business. So before you rush into the exciting stage of viewing potential office properties, take some time to determine how much office space you're going to need, what facilities you will need in your new office and decide on the main priorities that your new office will need to satisfy.
A Tenant Rep Broker will assist you in calculating your actual office space requirements but you can also use the free Office Space Calculator to work out the approximate size of your new office. Doing so will ensure you don't waste time viewing potential office properties that are unsuitable for your office space needs and will help you to economize on space and save money.
You also need to determine what type of office layout suits your business best; open space, private office or a combination of both. This will allow you to accurately estimate the amount of office space you will need during the term of your lease.
How office space is measured
In general, office space is measured in what is known as Rentable Square Feet (RSF), which is made up of two components: the useable area and your pro rata (proportionate) share of all common areas in the building. It is important you understand how the building measurements are made up and you are clear of your exact requirements of each.
When you have narrowed down your selection of buildings, you should work closely with a space planner or architect to determine the right amount of office space to lease so as to minimize the likelihood of taking down too much or too little space - both of which are budget breakers.
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