Looking for Office Space?
Looking for new office space for your business can be a time-consuming and complex task which involves making major decisions to help narrow down your options; pinpointing the right location, choosing which style of office building best suits your business, and deciding which office lease terms will best serve your company's needs.
Help Moving Office has pulled together some of the real estate industry's top tips to help make the process of looking for office space as simple and hassle-free as possible:
1. Be clear about what you want
Just like finding a new house, it helps to be as clear as possible about your office space criteria. Issues to consider include size, location, budget, timescale, style of building, facilities and configuration.
TOP TIP: Use the Office Space Calculator to help you work out how much space you are going to need in the new office.
2. Hire a Tenant Rep Broker
Don't try searching for office space by yourself, always use a Tenant Rep Broker. Why? Because they know the market inside out and will be able to save you significant time that will allow you to concentrate on what you do best - running your business! Tenant Rep Brokers are also expert negotiators and are able to secure you the right office lease terms.
TOP TIP: Find a Tenant Rep Broker in your local market here.
3. Take an Office Design Company with you when touring properties
Once you've shortlisted a number of properties, ask your Office Design Company for their opinion on each space. They will be able to tell you how much usable space you're actually getting and how much build out work it's going to take to get the office you want before you start negotiating.
TOP TIP: Find an Office Design Company in your local market here.
4. Do your homework
When taking on new office space for your business you'll want to be sure you're making the right choices. Invest time researching the locality, who the neighboring tenants are, and the Landlord's credentials (including other buildings they own and their financial position).
5. Keep your options open
Don't put all your eggs in one basket; even during office lease negotiations you still need to be looking at other properties. This will save any disappointment if negotiations don't go according to plan, and also gives your Tenant Rep better leverage and negotiating power.
Print off this FREE copy of the Office Space Checklist. It gives you a comprehensive checklist of important things to look out for when viewing potential office properties.
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