Friday, August 17, 2007

Commercial Office Leasing

A business who is looking to rent or lease office space needs to consider the location, size, price per foot and more. Sounds obvious, but commercial leasing is more comprehensive than it may appear.

Using a broker to search for suitable office space is advisable. Many brokers are sitting on properties - with pressure from the issuing landlord to move it. Many commercial buildings for sale or lease are offered out to many brokers. Lease terms can be flexible - especially if it has been on the market for 6 months or a year. Brokers and office building owners like to ask for 5 or 7 year lease terms, but many renters can ask for 3 years or even 2.

Consider the usable space in the building available. Sometimes, the square foot offered is not all usable - so that must be considered.

Consider whether having a window is important to you, what floor you are on, do you have control over your own heat and A/C?

Sometimes when people are looking to lease an office, they may think some of these items are not important or at least won't bother them during the leasing term - but it may.

Some people will also look to rent instant or executive office space. This saves a company money on utilities, employees and more. These are all inclusive suites with a staff to answer your phones. They are very attractive alternatives to commercial office leasing.

http://www.instantofficesuites.com

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