Why Choose UsGeneral Tips When Leasing Warehouse, Office, Tech, or Medical Space. Leasing a commercial office, warehouse, retail, medical, or tech space is not about what is convenient for you, but rather what is best for the company. Do not select a location based on the proximity to your home. Always consider the needs of the business before your personal wants.
To save money, seek out warehouse space that has already undergone the transition to becoming green. If you find a space that has not yet made the conversion, make it a requirement of the landlord in your negotiation process. You should also incorporate green practices into your daily operations.
When you look at a commercial space, look at it as a blank canvas rather than its current state. Most warehouses have the ability to transform into anything you desire with very little work. As you tour a space, keep an open mind and try to envision your dream space to determine if it is feasible. This could save you thousands of dollars a year.
Do not forget to consider growth. Review your 5-year plan before you begin looking at locations to determine whether or not it is conducive to the vision of your company.
If people will be working in the warehouse, consider the needs of your employees. A happy employee is a productive employee. A productive employee makes for a healthy bottom line.
Negotiating the Rental of Office, Retail, Warehouse, Tech, and Medical Space. You cannot go over your budget, but you must have a particular space. What do you do? Once you establish your budget, make a list of the amenities your business cannot function without, the ones you would like to have to make your life easier, and the ones you can live without for the time being.
Office, warehouse, retail, medical, and tech space negotiations are quite common today, however they are quite different from a 'straight' warehouse negotiation. Most owners would rather have a tenant on negotiated terms rather than to have no tenant at all. If you cannot afford the office space of your dreams today and they will not move on the rental price, negotiate several rent-free months of occupancy. A landlord may refuse to offer a reduce rent rate because it may negatively affect the value of the building, therefore they are more likely to provide free rent for a few months as a compromise.
You might also negotiate a number of office elements that you might normally be required to purchase. Negotiate a fully furnished office space or that they provide various items such as a commercial copy machine and beverages for the break room. Do not forget to negotiate green initiatives if the office building has not yet made any environmental enhancements.
Another growing trend is shared office space where several businesses are in one office space, rather than simply one building. These businesses share all office amenities, supplies, conference rooms, floor space, etc. If you are a small business looking have a more professional appearance without having to rent an entire office, this may be the ideal office space solution for you. If you find a space you must have and cannot afford it even after price reductions and free rent, try to negotiate this trending real estate concept into your lease and seek out other tenants to share the space.