Why Choose UsChoosing a Location for Your New Office, Retail, Warehouse, Medical, or Tech Space. Before you begin looking for an office, tech, medical, warehouse, retail space for lease, establish a price range and do not allow yourself to go above it no matter how much you desire the amenities and offerings or how much another party pressures you to select a more expensive space. Going above your budget will destroy your profit margins and potentially the success of your business.
Evaluating your daily needs for having a business office space will greatly assist in the often daunting process of choosing an ideal location. Selecting the appropriate office to rent and ideal location of a commercial office, warehouse, retail, tech, or medical space requires great consideration for your end goal.
The ideal location of office space to rent differs greatly from those of warehouse and retail locations. The general purpose of an office is primarily to provide a comfortable and safe work environment for employees and to conduct business in a professional setting. Choosing a location for a commercial office space should be more about your employees and business needs rather than your consumer. As previously mentioned:
“A happy employee is a productive employee. A productive employee makes for a healthy bottom line.”
If your employees and business are primarily based in highly specific geographic region, you should seek out office space in the same area. If you are in a larger city, this becomes less important as your employees, business partners, vendors, and others could live in any number of suburbs or outlying towns.
A few elements are critical for all employees. You should ensure you will be able to meet all state or national human resources requirements such as to provide ample restroom facilities, enough floor space per person to meet fire safety regulations, and to provide designated break areas as required by law. It will be important to also consider parking, proximity to public transportation, and areas for alternative modes of transportation such as scooters and bicycles.
More employees are becoming environmentally involved. If you choose locations conducive to this growing way of thinking, you will not only increase employee satisfaction, you will make your company more attractive than the competition in the eyes of today’s top talent and consumers alike.
Some people must drive regardless of your office location for a number of reasons. You should choose a location with adequate parking spaces not only for your employees, but for any businesses in the same building as your office. Be certain enough parking exists for everyone in all offices.
Find a location that will have a minimal commute for most people regardless of where they live in a town or city. This will enhance the quality of life of your employees by allowing them to spend more time at home and less time on the road. This will also appeal to top talent.
General Misconceptions When Renting Warehouse, Office, Retail, Tech & Medical Space. Leasing Tip #1: New is better than old.
This is not always true. In fact, many significantly older office, warehouses, were designed with the principal philosophies of today’s new buildings. They often have far more windows and they were built to keep in the heat and the cold out resulting in reduced energy costs and a more pleasant work environment. Also, many older buildings were made with greater quality materials.
Leasing Tip #2: The landlord is the only person allowed to make changes to the warehouse layout and design.
It is true that a landlord does have the right to make changes, however you are able to negotiate such abilities into your lease, as well. If you are certain you would like to add additional office, medical, or tech space or features later in time, negotiate it into your lease.
Leasing Tip #3: An environmental land survey has been conducted on all office, warehouse, tech, medical, and retail properties in recent years.
Do not assume that an environmental land survey has been conducted on the property of the warehouse, office, retail, medical, or tech space site recently. You should ask about such surveys in advance and review the results to ensure it meets current regulations along with the building itself and that you and your company are protected from any environmental pollutions the land may endure during your time on the premises and after your company leaves the property.
As long as you consider your needs for an office, warehouse, medical, retail, or tech space and its location, the best approach to negotiations, and the general tips and misconceptions of the commercial real estate real estate industry, you will be certain to find the optimal commercial property location for the needs of your company.