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Searching for a commercial office doesn’t have to be a stressful process. Many businesses have different needs in terms of space and accommodations, but this shouldn’t slow you down or stress you out. Here are 5 things that you should keep in mind when choosing the right commercial office for your business:
Trying to find an office space without a tenant broker is kind of like trying to buy a house without a real estate agent. The advice and expertise that a broker can bring to the table is invaluable, and brokers may even have connections that you wouldn’t otherwise have access to. Best of all, their services are paid for by the landlords! LC Real Estate Group can help with Tenant Representation if needed.
When looking at a commercial space, the most important determining factors may not even be in the building itself. Location can play a huge role in the success of a business, and considering the other tenants in the same building or nearby buildings can improve your foot traffic or visibility. Let a tenant broker help you navigate these many issues.
Making a list can seem like a tedious task, but in the case of commercial leasing, it can’t be overstated. Knowing what would be nice to have, and what is essential for your business to operate can be the most important factors to consider when choosing a space. Things like technology coverage (wifi, cabling, phones), adequate meeting spaces, and parking can and should influence your decision.
Finding the right commercial space can take a long time. It shouldn’t be underestimated how long this process can take, and you should start searching up to a year before you actually need the space. The earlier you start, the smarter you can be about available leases to meet the needs of your company.
Just like any personal residential lease, flexibility when leasing a commercial office space can be paramount to keeping cost and expectations in line. Business conditions can change in a hurry, and you might suddenly find yourself needing more or less space, accommodations, or something else. Having an out or the ability to sublease could save your business a lot of money.
