Tenant Tips: continued
Among those
considerations there are five office
space leasing tips that
the professionals have used successfully for years; now
you can, too.That is where a good tenant
rep comes
in – to make sure you don’t miss anything crucial. Among
those considerations there are five office
space leasing tips that
the professionals have used successfully for years; now
you can,
too.
5 Office Space Leasing Tips
-
Plan for the space you need next
year. Look
back at the growth history of your company. There
should be a consistent trajectory that shows annual
expansion. Lease a space for the growth benchmark
that you anticipate meeting in a year from now.
Doing so lets you grow into the space and prevents
from busting at the seams if you grow faster than
expected.
-
Pick a location with a millennial
workforce in mind. It
is expected that millennials will account for
approximately 45% of the workforce by 2020. You
better plan your office space to meet their needs.
This group likes to walk to nearby venues, rely on
public transportation and prefers an urban setting
that makes the balance between work and life an easy
one. Following on its heels is Generation Z, which
is expected to demand a similar work environment.
-
Look at a space from the customer’s
point of view. When
the proposed office is of sufficient size and near
the amenities that your workers like, consider how
your customers feel about it. An established
clientele with a high loyalty quotient may follow
you into the boonies, but finding new customers
willing to travel there is unlikely. Be close to
major transportation hubs and offer ample parking.
-
Leverage your brand. Marketers
define your brand as the corporate identity of your
business. If you are an innovative software
developer, your office should be a mix of glass,
acrylic, metal and modernism. Dark wood, shag
carpeting or tired floor plans are not what you are
looking for. Work with an expert tenant
representative who can help you find a space that
bespeaks your brand.
-
Negotiate a generous build-out
allowance. When
the space needs a few tweaks and some larger changes
to take on the flexible workplace characteristics
you envision, find out if your property owner will
foot the bill or at least let you amortize the cost
as additional rent. Using a build-out allowance
saves you money. Negotiating the right amount calls
for business savvy and a good understanding of what
competing property managers offer.
Source: The OfficeFinder Office Space
Bloghttps://www.officefinder.com/tenantrepresentative.html
JGRE
has been a proud member of Office Finder for nearly 20
years
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