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New NAR Office Space Sector Report Optimistic

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According to the most recent quarterly report prepared by NAR:
"Major commercial real estate sectors continue to improve, albeit slowly, with gradual economic improvement and job creation driving absorption of space, according to the National Association of Realtors® quarterly commercial real estate forecast."

Key Points regarding the Office Space Sector:

National office space vacancy is expected to drop .4 percentage point during 2013.

Office rental rates are expected to increase by 2.6 percent in 2013 and 2.8 percent in 2014. That follows a 2 percent gain in 2012.
That is about $.50 / sf / yr based upon the current national average of $17.50 / sf.

Source

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By: James Osgood

Office Rental , Office Space Negotiations , Office Vacancy Rate

Office Rentals Lead To Success

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Working from home, or telecommuting, is growing in popularity. But having an actual office, or at a minimum a virtual office, is a path that can lead to greater success.

After all, is there a better place to meet clients? It is simply not professional, at least for most businesses, to have clients meet in the living room. And while coffee shops or similar places may be nice, they just don't match the professionalism of an office.

That means you just might need to consider an office rental.

  • An office offers a professional atmosphere, enabling workers to be extremely productive. At home, it is really hard to be productive or to make those sales calls when a child in the background is throwing a temper tantrum. And the office presents another benefit -- it allows your home to be your refuge.
  • Most people work better when they dress for success. It is much easier to dress professionally when going to the office, and too easy to dress "comfortably" when working out of the house.
  • It is a lot easier to walk down the hall and speak to a co-worker, than to call them up or send an email and wait for their reply. So an office can speed up the flow of information you need to be effective. 
  • Co-workers or office-sharers can keep you from the social isolation felt by so many at-home workers.

Fortunately, there are office options availble for almost every kind of need. If you need office space, please contact us.

By: James Osgood

 

Home Office , Office Rental , Office Space , Virtual Office Space

When You Need Office Space Rental ASAP

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It’s something you never thought would happen—though you did purchase insurance, just in case. Your office is gone—whether due to fire, flood or other natural- or human-made disaster, you no longer have an office to call home. In the midst of all the phone calls, paperwork, and 3 a.m. worry sessions, you know that, to get back on your feet, you need to find office space rental, and you need it now—whether long- or short-term.

Whether you are looking for something to tide you over until your old office is repaired, or you need a new office suite to call home, OfficeFinder is your key to success. We specialize in finding just the right type of office for you, whether in the center of the action downtown, or in that particular suburban zone where your business has become known over the past half a dozen years. When you start with our online search, you know you are placing your office search in professional hands. Plus our service is free!

Another option we provide is virtual office space. Perhaps, at this point, the destruction of your office has left you a bit gun-shy about committing to another office space, but you need to make certain that customers can contact and meet with you. Our virtual office space arrangement includes phone reception and/or forwarding, as well as space that can be rented by the hour for those critical client meetings. We even have administrative support and standard business equipment available for your use. This innovative solution could be the answer you need to keep your business functioning while your old office is renovated—or you could discover that you like the flexibility so much, you have no desire to return to a traditional office.

Whatever your situation, whatever your timing, we can help you find the office space you need, so contact us and check one big item off your post-disaster checklist.

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By: James Osgood

Office Relocation , Office Space , Virtual Office Space

Make A Plan For Growth In Your Office Space

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Finding the right office space can be a daunting task, even when you know exactly what you'd like.  You want to be sure you pick the right location because you're entering into a rental agreement.  This can be intimidating for most business owners, and can even cause you to put off making a great deal just because of the number of uncertainties you face.  

Getting the help of a professional, a tenant representative, who knows the right questions to ask is vital to making a good decision for your office space rental.  In fact, an office space professional has probably thought of key factors you haven't thought of.  One of those is making sure you have enough space to grow.

Where do you expect your business to be in two years?  How about in five or ten years?  If you have an accurate idea of where you're going, and how quickly you'll grow, you'll know how to plan for the space you'll need.  At OfficeFinder, we offer you an invaluable service.  You'll work with a Space Planner who is well-trained in this area and can help you predict your rate of growth with accuracy.  You'll have a great idea of the type of property you should be looking for and how much space you'll need to hold your growing business.

Once you find a location for your business, wouldn't it be nice to be able to stay there a while?  Of course, you want your business to prosper, but your space should allow for that, don't you think? We do, and that's part of our commitment to our clients.  We'd love the opportunity to talk to you about the needs for your new or existing business.  Finding office space is what we're great at. We'll make sure you find the perfect location so you can concentrate on what you do best, which is running a growing business.

For more information on Office Finder and how we can go to work for your business, contact us today.

Office Space Planning Checklist

By: James Osgood

Office Leasing Tips , Office Relocation , Tenant Representation

The Best Office Environment for Your Staff

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A good office environment will play a very crucial role in boosting employee's morale and spirit. It is important to understand that office workers spend most of their time in the office and therefore this place should be made as conducive as possible. In modern times, the employers have realized the importance of creating a good office environment. This has made them to pay more emphasis on ways that can make employees love coming to work every morning. There are different office refurbishment methods that the management can employ.

Design a comfortable office

Office design is one of the important factors that can help boost employee's morale. With the current high cost of hiring an office space, many organizations have found themselves concentrating more on price as opposed to amenities, layout and design. However, you will note that business leaders look beyond price when choosing their offices because they understand that a happy employee is more productive than an unhappy one. As a smart move to refurbish your office, consider adding a new high quality carpet, comfortable tables and chairs, cupboards and so on. It is also important to consider an office with amenities such that you don't have to share those amenities with other people from other offices.

Encourage office members to get organized

With so many paperwork being used in the office, keeping the office tidy becomes a big challenge. It would help to minimize the use of paperwork and in its place share documents through networked computers. When an employee's desk is disorganized, he may find it difficult to trace an important document that is required urgently. It must be understood that dirty and dingy office environment decreases overall productivity and also decreases employee's morale. When it comes to getting organized, there are five main areas that you should concentrate on. They include; time management, electronic information, general office stuff e.g. supplies, papers and space and furniture layout.

Focus on up to date machines and technology

Ensure that all utilities are functioning flawlessly. Make sure that you have invested adequately in electronic devices such as modern computers, printers, scanners and photocopiers. When all these devices are working properly at all times, it helps to boost productivity as the employees will not have to complain all the time that there is a malfunctioning machine. To ensure that you have a flexible office space, ensure that there is a Wi-Fi connection such that employees can move from one point to another without any difficulties.

Consider openness when designing the office

You will realize that most organizations today are embracing the open office design. Open offices have been observed to boost organization's productivity. Open offices encourages openness and encourages the employees to remain glued on organization related tasks. It would also be appropriate to have an open space in the office where employees converge for lunch or coffee. This allows them an opportunity to communicate with each other. By encouraging openness, people are able to present whatever issues that they may be having and this gives the management adequate time to deal with those issues before they get out of hand.

Guest Author Bio: Mark is a blogger who talks about different ways you can improve your business, giving ideas about increasing employee productivity with things like office refurbishment ideas.

Office Space Design