What to Look For When Selecting Office Space
Relocating or opening a new office is a major undertaking. Before you can even begin to deal with all the logistics involved in moving or setting up your new digs, you need to find the right building or office suite to meet your company’s needs. This can be especially troublesome in larger cities where real estate prices are high and space is limited. In face, when looking for good office space, New York is one of the most expensive places to be.
Before you talk to a real estate agent, you need to create a wish list of what you are seeking. Start by examining your company’s financial situation as well as the long term projections for growth. Decide whether buying or renting space is the best course of action. Then decide how much space you need now and are likely to need in the next few years. This will give you a basic idea of your needs.
Next, consider the power, technology, and equipment needs of your space. Bulky machinery or high power needs will influence what spaces are suitable. You’ll also want to consider things like proximity to necessary support services, ability to secure the premises, and access to transportation and shipping. You will know better than anyone what your company needs as well as what would make it easier and more pleasant to do business.
The list you draw up is the one that matters once you start looking at places. Don’t let an agent or anyone else tell you what you need in office space. Trust your checklist and don’t settle for any place that emphasizes extras and lacks some of the necessities you identified.