Minneapolis, Minnesota Industrial space rental border="0"


Minneapolis, Minnesota Industrial space rental



Why Choose Us

Things to Consider When Leasing Commercial Real Estate. It is an ideal time to lease warehouse space, office space, and retail space. For the first time in decades, the renter has a significant amount of power while seeking retail and commercial real estate for lease. Consider the following prior to signing any paper and you will significantly increase the chances of finding exactly what you seek in your exact price range:
  • Why are you renting the space?
  • For what do you intend to use the space?
  • What is your 5-year plan and your 5-year financial projection?
  • What is your price range?
  • Where is the optimal location for your intended use?
  • How might you negotiate a better deal for your specific property?
  • What general information and tips should you consider before negotiations and the signing of the lease?
If you need more information call the experts at JGM Properties in Minneapolis, Minnesota. JGM provides incredibly useful and information regarding office, warehouse, and retail space for rent in Minnesota. If you seek warehouse space, office space, or retail space in the Minneapolis and St. Paul metropolitan area, contact JGM Properties…we'll help you find a new home for your business.

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.