A customer at my company has just moved to an exciting office space . The previous office was quite suited to their needs but it was far away from the home of the majority of employees. My company, therefore, had the job of finding a fitting office space for their diverse business needs, yet an office room sited in within the city boundaries.
When I was trying to do this I consulted office-suites.com and they helped me to come up with a few pointers to make my job easier and to make the process all the smoother for the client. So if you are in about the move office then here are a few things you may like to know in order to ease your transition to a brand new office space.
1) A, B or C class? In the US office space industry, offices are marked out as A, B or C. Class A means a particular thing in Philadelphia: modern steel and glass high rises. Anything else is not Class A, even if it is a pretty duplex designed by a renowned architect. Be careful when viewing property as a lot of offices are advertised badly using incorrect wording. Have a stab at doing some research before.
2) Step two: leave sufficient time to find your new office i.e. around 9 months. This is very important to stick to as it can take around two months to even find the space, up to a month for your property lawyer to help agree on the lease, two months to sign the lease, a month for your architect to organise your workplace fit-out and yet another three months until construction is completed. Ensure you don’t waste valuable work time through poor time management – so you should allow loads of time for the move.
3) The office you want won’t exist yet. This is because an office needs your designer touch to increase the spec of the office to your individual needs. Usually you will be able to use these requests as a way to haggle on the purchase or leasing price of the new office. Shockingly the owner will cover the cost of the design changes. So if you are on the lookout for Office Space then ask the broker if the owner will accommodate your requests.
4) Think about whether you need a broker? When it comes to real estate, brokers receive a commission directly from the landlord and this can be anything up to 6 percent of the total value of the lease. When this is worked out it can be a gigantic figure for a lot less work. So as soon as you let it be known that you are looking for office space, everywhere you look you will have brokers pitching to you. This means that the broker should be eager to find you a new commercial property for your company; however it won’t necessarily be the property or the price that you want.
Finally, try to spend a little time researching the market and go through some of these tips to assist you when going from property to property.