Evaluating Office Space
According to the Bureau of Labor Statistics, the average American spends more than 2,000 hours a year at work or doing work related activities. We spend more time in the office than we do at home, enjoying leisure time or even sleeping. With statistics like this, the importance of choosing the right office location for your business becomes quite clear.
Considerations when selecting the right office space include several obvious factors, such as location, building quality, amenities, building ownership and proposed space. And, while a commercial real estate professional can provide a wealth of information on these building details, there are still some things that warrant personal investigation.
Before you make a final building determination, visit the location on your own and consider these criteria:
Visit the property management office to meet the people who will address your day-to-day needs. Not only will they help you ensure your comfort throughout the lease, they’ll also be one of your first calls in case of a building emergency – be sure they’re ready and willing to help.
Review the current tenant directory, and, if possible, speak to some of the tenants on site. They’re most likely to give honest reviews of the building and it’s quirks. What’s more, you’ll be able to gauge business compatibility and screen for competitors or less-than-desirable office mates.
Check the restrooms, lobby, hallways, shared meeting rooms and any other common spaces for cleanliness and maintenance issues. You may also want to evaluate parking availability during peak business hours and even ride the elevators. Ensure that your office will be a convenient, welcoming space for all who visit.
Verify that the building is equipped with up-to-date technology and Internet capabilities. Beyond regular office connectivity, you’ll want to make a cellphone call from various areas to check for dead zones.
If you need help evaluating a potential office space, contact the professionals at Intelica Commercial Real Estate. We can provide valuable market and real estate information, along with the practical knowledge you need to make the best determination for your business.