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Looking for Office Space?

When your company needs to move office, you will want to make sure that you've done everything possible to make certain that your business ends up in the right office space, on the right deal and with the right lease terms. For this to happen you need to engage with a Commercial Real Estate Broker that specializes in representing Tenants in your local office market.

Where to start when you think you need to move office
Are you sure that an office move is the right route for your business? What about renewing or renegotiating your current lease with your landlord? If you are going to move office when's the best timing? What should you be looking for? What rent you should you be paying? A Tenant Rep Broker can help you look at your business and property strategies in order to evaluate the options available so that you can then decide which will be the most appropriate for your company. A local Tenant Rep Broker will help you through this process by providing you with all the information you need to make informed decisions.

Tenant Rep Brokers will be able to guide your company through the whole Finding Office Space process.

Checklist for Leasing Office Space
As you begin the planning and budgeting process of finding your new office space, it is essential that you have accurate and current information on office rental values for the areas in which you are wanting to locate your new office. Access to this information will cut down on any wasted time looking at unsuitable offices and increase the chance of your company making the right office space decision. This is yet another key reason why you should always get professional advice - and best practice dictates that you discuss your requirements with a Tenant Rep Broker that specializes in your local office market. They are the experts with regards to movements in the office market and are your 'go to' people to get up-to-date market data on what you should expect to pay for rent.

Access to All Available Office Properties
Do you have access to details of every available office space that is on the market that might suit your needs? What about those that are "off market"? Probably not. But your local Tenant Rep Broker will.

Property Search - Getting the Right Office
Once you have tasked them to find you an office property, your Tenant Rep Broker will discuss your requirements to establish your parameters. Having established your requirements & parameters they will begin an extensive & comprehensive search to identify all suitable available office space. They have proven track records of finding the right office space for Tenants.

Office Lease Negotiation Tips
The business reality is that identifying the right office property for your company is only the start of the process. The key is to then secure the right financial terms & lease terms on your chosen property - because it is these two factors that will have the biggest impact on your company's future well-being. Irrespective of the size of office you are after, it is not uncommon for there to be in excess of a dozen separate areas of negotiation that need to be considered when you are looking to acquire office space. Every time one of these areas is overlooked (or not known about) then the deal will work in the landlord's favor. Make sure that your business levels the playing field by having a Real Estate Broker on your team. It's well-known that companies which hire Tenant Rep Brokers pay less for their office space.

Monitoring the Deal through to Completion
Your Tenant Rep Broker's focus will be to achieve, on your behalf, the best possible deal in terms of rental costs, lease conditions and flexibility / protection for your company. Once the terms have been agreed, your Broker will take on the liaison with your Commercial Real Estate Attorney to ensure that the deal that you have agreed is accurately reflected in your office lease agreement - and that your company's commercial / operational interests are protected for the entire term of the lease.

When it comes to finding the right office space - and then negotiating the best deal - hiring a Tenant Rep Broker means that you will pay LESS for your office space.

 

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