Office Space for Lease: Are You Making Any Of These Mistakes?
June 30, 15
When it comes to finding office space for lease, everything seems very simple. You create a plan and carry out that plan to the best of your ability. This mindset can work in nearly every aspect of any kind of business. However, you need to know all the details before you can actually put a plan together.
However, everything is not as simple as it may seem. When it comes to finding commercial office space, there are big mistakes that can be made that can mean you will miss out on big money for your business.
Failing To Actually Make Plans
Many tenants are unaware of what kind of things they need when they want to lease office space. Sometimes tenants are looking at a particular office space with a certain square feet, but they should really be looking at a completely different office space.
As a tenant, you should hire an architect to help you figure out how much space you will actually need. When you know how much space you need, how much electricity, what kind of telecommunication services you will need, you will save yourself some frustration and money in the long run.
Not Allowing A Rep To Help You
When you are looking for space, one of the best things you can do to help yourself is to hire a tenant representation broker to handle some things on your behalf. A tenant representative understands everything going on in the market. The tenant representative will handle things by negotiating with others and finding a few buildings that are the best for your needs. When you have representation, you can prevent yourself from making some huge mistakes that will cost you severely down the road.
Sometimes tenants think that the landlord has all the power. However, that is certainly not true. The landlord wants to fill office space; sometimes this means making negotiations with the tenants to fill all those office spaces. Even if you do not have a large business, you should not doubt how much value and leverage you have.
If you need help making any tough decisions in your search for office space, contact us today.