Our First Post… “When Searching for Office Space”

This is the first post on our new “Insider” blog. We hope that you will find Insider to be a useful source of information and visit often.

When searching for office space, a good broker representative will be your knowledgeable guide and negotiator. But you are the one who is going to be spending a significant amount of the next few years in your new space,  so it is a good idea to do some personal evaluation on your own…
When we assist clients with finding their ideal office space, we provide you with a lot of information on various building options and locations. The obvious primary selection criteria such as economics, location, quality of the building, configuration of the proposed space, landlords name, property management information, as well as the various amenities of the building will be evaluated. If possible, we also provide available knowledge about the nuances of particular buildings, which can sometimes be an asset leading to stronger negotiations with landlords.

However, here are some things we suggest that do on your own before making a final decision to lease a space:

1. Speak to a few of the existing tenants to get their opinion of the building.
2. Scan the tenant directory and look for complimentary companies, competitors, or less than desirable companies.
3. Visit the building at peak traffic times during the work day. And, if possible, during off-hours and on weekends to see if there is any unusual activity.
4. Make a cell phone call from the building to evaluate the quality of the inside reception.
5. Stop by the property management office and talk with a representative about the property.
6. Inspect the common areas and restrooms for cleanliness and maintenance issues.
7. Park your vehicle in the tenant parking area instead of the more convenient visitor parking section.
8. Ride the elevators at peak traffic times.

Your broker will often point out any suspected or obvious issues with a particular building or location. However, your own due diligence will certainly help you to be confident that your final choice is the best option for your needs.