Searching for New Office Space – 3 Tips to Get Started
You’ve decided to start a business – you have the idea and the funding. All you need now is some office space to set up headquarters. Maybe your lease is expiring and you’re looking for a new place to move into. Either way, finding office space to lease can be a daunting task. After all, there’s so much to choose from and so little time. The space you choose will define your company as much as your products or services. So how do you even get started? Here are some tips on how to start your search for new office space.
Narrow down your search criteria
Other than the basic idea that you need new office space, you should have some idea on what you want. One of the major points is the amount of space you will be needing. Secondly, go over your budget to see how much you are looking to pay for rent annually. Stack up the numbers and see whether it makes more sense to lease or buy.
Location is another key factor to consider. Not only will it greatly affect the overall costs of leasing or buying new office space, it will have other consequences as well. If it’s important for your business to be close to a major flow of traffic and pedestrians, you need to look for space in busy areas of the city center. On the other hand, if it’s not a priority for clients to be able to reach you in person, you will have more freedom when settling on the location.
Get to research
With all your search criteria in mind, it’s time to get busy. Nowadays, the majority of commercial real estate searches are done online. However, you can take a look at CRE magazines as well. Take a good look at a variety of offers and see if there’s anything close to your ideal office space.
Confide in a professional for your new office space
Once you narrowed down your list to a couple of possible choices, it’s time to get serious. Leasing or buying office space can get messy pretty quickly. Even if you’re up to date with specific industry terms, you can easily find yourself completely lost. The best way to tackle leasing or buying office space is by hiring a professional. Commercial real estate agents and brokers are there to help you out and negotiate the best possible deal from your side.
Speaking of professional, if you’re looking at getting office space in the Boulder County area, we’re the people for you. Todd Walsh CCIM specializes in leasing and selling commercial real estate, retail and industrial space. Contact us today and we’ll find your company’s dream office space in no time.
