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Top 4 Tips For Leasing Commercial Office Space

3 June 2017

Jeffery Wright

For many businesses, leasing commercial office space is essential. But it is also very important to find the best deal and know what you are getting into before signing a contract for a lease. Use the following tips to help ensure that you find the best commercial office leasing space to meet your company's needs:

Work with an Experienced Real Estate Agent

When it comes to finding commercial office space to lease, having an experienced real estate agent is essential. A commercial real estate agent will know how to evaluate what your company needs, find the best space, and negotiate on your behalf to ensure that your receive lease terms that are favorable. It is in your company's best interest to work with a local commercial real estate agent who understands the market and can help find the best office spaces available for lease.

Start Planning Early

Whether you plan to open your company's first office or want to upgrade from your current office space, you should start looking for options as early as possible. It can take a long time to find the perfect commercial office space to rent, so the earlier you start looking, the better. When you start looking for office space far in advance, you have the luxury of taking your time and turning down spaces that are out of budget or don't have all of the features and amenities that your company needs.

Don't Lease More Than You Need

Moving into a new office space can be very exciting for both a brand new company and one that is upgrading their headquarters. But the last thing you want to do is get stuck renting commercial office space that has more square footage than your company needs. It can be easy to fall in love with a particular space, but their is no reason to pull money out of your company's bottom line in order to pay for an office that is too big.

Always Hire an Attorney

Many commercial office space leases require a multi-year commitment, so you want to make sure that you choose both an office and lease that have favorable terms. Prior to making an offer to sign a lease on any office space, it is extremely important to consult an attorney. Your attorney can help ensure that the lease terms are fair while also evaluating whether or not the office space that you're interested in works best for your company from a legal standpoint. 

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