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Location and space are among the most significant factors to consider when setting up your office space in Bellevue. Ace the undertaking, and such a move will make a massive difference for your enterprise. With a multitude of possible rewards and repercussions for your business, it's vital that you should choose the right renting space.

Not only should you put into consideration your organization's present situation, but also the enterprise's future expectations and demands. Indeed, an inappropriate location may affect your daily operations, your staff's morale, while also costing the business its image. Nevertheless, with the right choice of space, it's possible this could as well be a decisive turning point for your firm.

So, to avoid making a mistake, how do you go about identifying an office space for rent in Bellevue Wa? What features does the locality offer that can support your team while at the same time allowing your enterprise to grow and thrive?  More so, what compelling attractions shall you enjoy when you locate your firm's offices in Bellevue Wa?

Location

Amid the many things that are likely to impact your choice of office space, location is probably among the most crucial. Overlook it, and you will probably end up disappointed. For you to position yourself for success, you may need to satisfy the following site-related concerns:

The dynamism of the locality

Supporting services and amenities

Ease of access and aesthetic appeal

Proximity to employees homes

The question is, how does Bellevue Wa answer the above obstacles? Location, location, location! If you're looking to move or start a business in the area, the city lists exquisite office spaces.

In the course of planning for your business, a closer look at the representative sample of the business community in the area will inform you of the prevailing healthy status, and the robust nature of the economy. For that reason, a number of the fastest growing companies have set up base in the state.

Bellevue, therefore, boasts of diverse culture in the confines of a global city, right in the middle of Seattle's Eastside. Accordingly, you're likely to benefit from a large pool of talent, excellent transport links, beautiful precincts, and an innovative culture geared towards helping your business grow and prosper.

Strategic Partnerships: In having such a vibrant ecosystem, Bellevue Wa ticks many of the positioning boxes. Moreover, a large number of the already existing businesses in the state interlink through the chamber and several other networks.

For new business entrants, Bellevue's Economic Development team strategically provides a connection between you and the business community. Regardless of the magnitude of your firm, the group strives to equip you with the necessary tools, providing you with flexible support, tailor-made to your needs.

What are the results of these endeavors?  In addition to bringing success, it also creates a well-knit community, partly thanks to many of the technocrats living and investing in the environs. Thus, the camaraderie enhances the quality of life in the city, with the ultimate objective of keeping your business clients and staff happy.

Pricing and Size

Rental costs are a significant consideration for any prudent business when selecting a new office space—spend paltry amounts, and you risk having an office space that's not to your satisfaction. On the other hand, spend exorbitant figures and making the rent may prove not to be feasible, therefore forcing you to either downscale or ship out.

Conversely, in an ideal scenario, you should strive to find a balance. One way or the other, you should answer some of the following questions before deciding on how much you should spend on office space:

Can you comfortably manage to raise a three-month rent deposit at the moment?

Does the rent contract include any hidden costs? (Maintenance, parking fees, etc.)

How does the office space compare in pricing to other rentals in the area?

Point number one provides you with a broad marker of affordability. Subsequently, inquiries about hidden costs ensure business protection from unbudgeted charges. Finally, space price comparisons help you discern the value you're getting for your outlay.

Size: It's worth mentioning that, you're the one who knows your business needs best, and it's up to you to make the appropriate deliberations. Despite both location and pricing exerting influence on the size and choice of commercial premise you choose for your firm, the ultimate decision is yours to make—albeit with some advice. Try out our Office Space Calculator to help identiry how much space you need.

However, in other instances, such as medical-office-spaces and large corporations, your clientele has a more significant input when it comes to both considerations. Bellevue, therefore, has the following to offer:

Meeting facilities

Virtual offices

Executive suites

Several factors determine space allocation sizes; In case you require additional space, more so for storage, you should then up the size provisions. The same consideration applies where your clientele set-up demands meeting spaces or/and your staff members need boardrooms.

In the final analysis, you also have to take into account the expansion agenda of your business, besides recreational and social areas. Without a doubt, cramped offices can significantly affect productivity, so it's vital that you make the necessary arrangements.

Office Submarkets within Bellevue:

Central Business District

SR-520 Corridor

I-90 Corridor

Bell-Red

Suburban Bellevue

Approximately 70% of developments coming up in the area are now pre-leased. Moreover, significant office space development projects are in the pipeline, with an estimated 2 million sq. Ft of space expected to become available very soon.

Ultimately, for enterprises harboring plans of developing their brands or need to protect their brand image from the initial stages, renting or leasing office space in Bellevue can be a good starting point. Such a choice will go a long way in ensuring that their business interests succeed. Contact us for more info or if we can be of assistance.

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Useful Statistics for businesses looking for office space in Bellevue
  Bellevue WA State
2016 Estimated Population 136,718 7,073,146
Median Age 38.2 37.6
Housing Units 58,866 2,966,814
Occupied 54,661 2,696,606
Owned 30,883 1,683,381
Rented 23,778 1,013,225
Average Household Size 2.48 2.57
Rental Vacancy Rate 4% 4.1%
Homeowner Vacancy Rate 1.2% 1.6%
Median Home Value $608,500 $269,300
Median Monthly Rental Cost $1,629 $1,056
Estimated Mean Income $157,468 $98,185
Median Household Income $100,703 $62,848
Percent of Individuals below poverty level 7.5% 12.7%
Educational Attainment: Percent high school graduate or higher 95.4% 90.6%
Educational Attainment: Percent high school graduate 10.5% 22.9%
Educational Attainment: Percent with some College 13.7% 24.3%
Educational Attainment: Percent bachelor degree or higher 64.1% 33.6%
Average Commute time in minutes 23.1 26.7
Commute 69,355 3,305,438
Commute by car, truck or other vehicle - Drive Alone 45,173 2,390,182
Commute by car, truck or other vehicle - Carpool 6,258 337,510
Use Public Transportation 8,713 204,595
Work from Home 4,621 184,206
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