Virtual Tour Benefits for Office Space Providers

360 office space virtual tourWe have a lot of blog posts about the benefits of virtual tours for office tenants who are looking to find office space. The type of virtual tour we are talking about are not videos, but totally interactive 360° x 180° high definition panoramic photography. The stuff that makes you feel like you are really there; that gets a WOW out of you when you see it.

Here is what tenants looking for office space like about virtual tours:

  1. Virtual tours save a considerable amount of time since you, tenants, can short list the most viable alternatives without having to visit the ones that clearly won’t work.
  2. You can look at them whenever and however often you want.
  3. If you are out of town looking for space, virtual tours will give you a better idea of what is available in the market without multiple trips and expense.
  4. You can share the virtual tour with others to get their opinions without making them visit the space in person.
  5. They are desktop computer, tablet of mobile device compatible.
  6. They are fun, especially if you have VR headgear.

But what about providers of office space such as executive suites, coworking spaces or even conventional office space?

Why should providers of office space want to have a virtual tour?

First of all tenants like them for the reasons given above. You’d think that would be enough, especially since they are relatively inexpensive, but there is more.

Your website will be enhanced. Virtual tours are easy to add and won’t slow down your website. With a custom virtual tour the images are pixilized. Each scene is divided up into multiple smaller images that appear as needed so that they will load quickly. As alternative, you can also embed a Google virtual tour. Those images are stored on Google and load quickly too. I will show you the comparison of the two at the bottom of this post.

A virtual tour that is published on Google Maps, powered by their Street View technology, will help your search engine positioning and expose your property to more prospective tenants. You will have more eyes on your property and more visitors to your website. After all. Google is the number one Business-to-Business search engine by far.

How much do they cost?

The base cost is $550.00 which includes up to 10 “scenes.” That is plenty to provide prospective tenants the “flavor” of your space.

It includes all photography and both the Google version and a custom versions similar to the one below. The price may vary by market subject to photographer availability. We only use “Google Trusted Photographers” to ensure the high quality work that has allowed them to earn the designation.

As “Google Trusted Photographers” ourselves we have hundreds of approved panoramas posted on Google Maps.

Google Trusted Photographer

Here is what Google has to say about it:

  • When searching for businesses, consumers use mapping products 44% of the time.
  • On average, 41% of these place searches result in an on-site visit.
  • Listings with photos and a virtual tour are twice as likely to generate interest

Even more reasons:

Your Google business listing is your company’s most visible asset. Improve your presence with a Google Street View virtual tour.

When a prospective tenant searches for you, they will find you on Google Maps. Make sure that their first encounter is a great one with a WOW factor.

Real Examples of the Same Virtual Tour

The Virtual tours below are the same tour with the same 360° x 180° panoramas, but the first is from Google Maps and embedded here, while the second is on the OfficeFinder website. Both are better viewed in full screen.

Google Maps Version


Click the icon in the upper right to view full screen

Custom OfficeFinder Version


Click Here to view in full screen (recommended)

Want to learn more about getting a virtual tour for your property?

Call us at 425-391-8900 or Visit OfficeFinder Virtual Tours

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Hidden Costs of an DIY Office Lease Renewal

No Mistakes office lease renewalSo, you are getting near the end of your office lease and considering your options. One of those is to move to a new office location, but that is a lot of work and your current space fits you well. The other option is doing an office lease renewal at your current office lease. Many tenants thin that they can save money doing it themselves. We have found that office tenants typically make two major mistakes when renewal time comes around.

Common Office Lease Renewal Mistakes

The first is folding your cards by asking your landlord for a renewal proposal. By doing this you are indicating two things to your landlord, the first being that you are only considering a renewal and not exploring any competing space and the second is that you have not sought the assistance of a professional tenant representative to educate you on the market. Once a landlord thinks that you are committed to staying and will be going through the renewal process unrepresented, he can and will most likely make you an offer that is not in line with market rates and terms. Both of these pieces of leverage for the landlord can be eliminated by engaging a tenant representative specializing in commercial real estate. While a landlord may tell you this will raise the rental rate, this is simply incorrect, as brokerage fees are already factored into the lease rates and agreed to in advance with the landlords listing broker. Additionally, just letting your landlord know that you have retained representation tells him to
put his best foot forward or risk losing you as a tenant.

The second common mistake made by tenants, is not allowing enough time for the relocation/renewal process as a whole. Leaving too short of a time puts the advantage in the landlord’s hands, as your landlord will realize that you don’t have the time you need to relocate if you don’t like your renewal proposal. Tenants occupying less than 10,000 square feet should begin the process no less than one year out, for spaces larger than 10,000 square feet, up to two years of planning may be required.

You Don’t Need a Tenant Rep for an Office Lease  Renewal?

Here are some reasons why you may think you don’t need to engage a commercial real estate professional to represent you in your lease renewal:

“My landlord offered me a $.50 reduction in my lease rate”
While that sounds nice, it is actually quite common for market rates to drop more than the lease rate reduction offer by your landlord.

“My landlord is giving me a great lease rate; I spoke with my neighbor and someone in another building to confirm this”
Whether someone is getting a market deal is not only dependent upon the rate, there are a number of variables that contribute to getting a “market deal”. If you can’t answer the following questions, then you have left the door open for the landlord to take advantage:

  • What tenant improvement allowance should you be receiving on a
    lease renewal?
  • Do you know how much free-rent you should be receiving on a lease
    renewal?
  • What should be negotiated on your lease renewal relative to the
    operating expense costs?
  • What is fair for a tenant, in the current office market, with regards to
    parking charges, holdover provisions, relocation clauses, options to
    renew, and your ability to sublease?

You would never go to court without your attorney or through an IRS audit without your accountant. Why would your company want to make one of its top 3 financial commitments without having proper market knowledge and guidance? Especially when you can have it at
no cost to your company! Whatever you do, even if it isn’t us, make sure you choose and retain a commercial real estate tenant representative to represent you in your office lease decisions.

A guest blog post by our Local Denver Rep.

More office leasing tips

If you want to avoid making these mistakes, we can help with our network of local office tenant representatives, Contact us today for assistance. No obligation for our No Cost Service.

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3 Tips To Maintain Your Company Culture in a Coworking Office Space

coworking office spaceOne of the best parts of coworking office space for small businesses is the ability to interact with, and get inspired by, other entrepreneurs working with them side by side. Seeing other businesses work hard is motivating and energizing.

However, being in a coworking office space also makes it harder to create and maintain a unique company culture. Coworking spaces have the same space and group activities for everyone, causing a more homogeneous environment.

3 Tips to make your business identity unique

  • Decorate your office. If your team rents designated desks or your own enclosed space, decorate your area like you would in any company office space. Put a sign with the company logo at both ends of your designated space, and print our company cultural pieces. Create bumper stickers and encourage your employees to put them on their desks. Don’t have a specific space? You can still make office swag, like company t-shirts, pens, and laptop stickers, and create a culture where team members use and wear them regularly.
  • Develop a cultural language that only your staff uses. Companies all over the world create an inclusive company culture through specific slogans, movements, and chants. Develop a motto that your employees can chat, sing, or dance together at least once a week to start the day. Use the motto regularly in conversations and emails with your employees. Politely ask other members of the coworking space not to join in.
  • Occasionally leave the coworking space. Periodically, your staff should meet together in a separate space than the coworking area. This can be as simple as lunch meetings once a week, or involve occasionally renting off-site space for a training specific to your company. Use these times to bond as a group and reinforce your specific vision and motto.

If you’re looking for the perfect coworking office space, contact us. We have extensive experience finding the office space for clients like you, and a high-volume referral network.

Want to take a tour of a Coworking Office Space that rocks? Here is the WeWork space in the Westlake Tower in Seattle. It is in the heart of Seattle taking up 2 floors in the high rise with one more coming on line soon.


Click Here to view in full screen (recommended)

See More OfficeFinder Virtual Tours in Seattle

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Does Remote Working Satisfy Employees or Alienate Them?

Remote workingThere has been a lot of debate over the years related to remote working by employees. Much of it has been centered around productivity form the business’ point of view. A recent survey by Coldwell Banker Commercial Affiliates on remote working comes at it from the employee point of view. It shows some interesting concerns. While remote working does offer increased flexibility to employees, less commute time and more control, the survey found that 45% of U.S. workers  and 55% of Millennials would rather work in an office than remotely. The survey found that there are 3 main factors employees are looking for:

  1. Face Time with Colleagues – A quarter of respondents report negative feelings while working from home, including feeling less a part of their team. It is more difficult to collaborate or develop relationships with fellow workers without a central office.
  2. Privacy – 70% of U.S. Adults – and a whopping three-quarters of Millennials – would feel more comfortable working in an open floor plan if there were private spaces available to them. This is one of the fundamental design factors in today’s coworking office design.
  3. Convenience – Most U.S. workers – and nearly two-thirds of Millennials (62%) – would prefer to work in an office that was in or near a shopping center over one that wasn’t. Which is one of the drivers of the return to the downtown markets from the suburbs especially for companies that have a high percentage of millennial workers. In other words, the tech giants.

This does not necessarily mean that businesses should end remote working, but it does evidence the need to have more flexibility. It does not need to be an all or nothing decision. Essentially employees like a base station to be able to use on an as needed bases. Done right this will enable those who are more comfortable working in an office to do so, but still allow the flexibility to work wherever they feel they can be most productive. It sounds like an agile workplace because it is. It also sounds like a Coworking office space and is that too.

If you would like some help in finding office space, that is what we do with our network of local brokers throughout the US, Canada and many other countries. Contact us today to find out how we can help; typically at no cost to you.

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6 Ways Providers Tweak Coworking Office Space

Coworking office spacecoworking office space has been on the rise in recent years. Why? Because they are extremely effective in promoting greater work efficiency, company morale and networking opportunities. If you are looking for ways to improve employee satisfaction and work performance even more, check out these six ways coworking office space providers tweak their spaces.

  1. Athletic Elements: Cities like NYC, Chicago, and LA have introduced coworking office space where people can rent an office space or chair…in a rock-climbing gym. This allows self-employed professionals to get a couple hours of work in, get in a climbing session, return to their laptop, and repeat. If you want to stimulate mental performance, provide your employees with the opportunity to get in some physical exercise. Even if the space provider does not provide it directly, very often you can find a gym or yoga studio nearby.
  2. Working Outdoors: Quite a few coworking office space providers have outdoor spaces, like a terrace or patio, you can use to work. Fresh air and sunshine is an excellent (and free) way to boost work performance and making your employees happier.
  3. Decor: Look for bright, vibrant colors and modern furniture. Usually cubicles are replaced with long tables, coffee tables, and comfy, yet supportive chairs. It will encourage an inclusive environment that promotes brainstorming and idea sharing. You will find colors that stimulate creativity and put employees in a better mood.
  4. Brain Food: A wellness atmosphere is always a great idea. Many spaces offer fruits, teas, and other healthy treats. You could even foot the bill. This is not only a way to gift your employees in little ways, but enhance the way they work and boost their energy levels.
  5. Free Beer and Party: Some coworking office space providers even provide complimentary beer and weekly networking parties with catered food. It is not only a great way to get free beer and good food, but also an opportunity to get to know your neighbors.
  6. Fun and Games: It is what younger employees want. A way to burn off steam during the day or after hours with a quick video game on a HD Monitor, ping pong, or pool. There are usually a wide variety of ways coworking office space providers can help entertain your employees.

Looking for a coworking space? We have lots of options from both large and small space providers. Contact us today to find out more!

Want to see a great example of a Coworking Office Space in Seattle. Below is the WeWork space in the historic Holyoke Building. WeWork does not usually take down a single floor of 15,000 to 20,000 square feet, but more in the neighborhood of 30,000 to 60,000 square feet at a time. They lease all 6 floors of the office space in the Holyoke Building at 1st and Spring Streets in Seattle. Have a look and you will see why their coworking office space is so popular. Don’t miss the basement lounge with he fun and games.


Click Here to view in full screen (recommended)

See More OfficeFinder Virtual Tours in Seattle

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Office Space Virtual Tours: A Better Way to Look for Office Space in Seattle

360 office space virtual toursWhen you’re looking for office space, sometimes it’s hard to figure out the unique selling point of a property. Excellent location and parking are both essential. However, in many metropolitan areas, you seem to be looking at almost exactly the same thing with every space you look at. Office Space Virtual Tours can make your search office space that really works for you much easier and faster. Saving you time and effort that can be put back into growing your business.

However, you’ll find that office space virtual tours are a great way to set your business apart, especially if competition is stiff in your local market.

Eliminate Hiking and Make the Hunt Easier

You can look at office space, the building lobbies and the building grounds while having a cup of coffee at home on a Sunday morning.  Since many office spaces feature standardized elements like carpets and counter-tops etc, you can easily tell from a true 360 virtual tour if a space can meet your needs. It is easy to rule out the ones that won’t work for you. You can clearly see which ones fit the style and image your a looking to find.

The Perfect Solution for Out-Of-Towners

Many businesses need to expand quickly. They may also need temporary office space for short-term projects. If you are looking for office space from out of town, 360 degree real estate views are captivating and make it easier to make rental decisions.  You can also share tours of the offices you’re interested in via email or social media. It also can help with deciding on what type of office furniture and equipment to start sourcing since you can send the virtualtour to the vendors, too.

Great UX

One of the most frustrating things about viewing content online is slow loading time and web pages that download tons of ads and videos before the main content even loads. OfficeFinder Virtual Tours are quick loading, mobile friendly and beautiful.  And best of all they represent the property well.

One of the smartest things to do in the B2B market is to help professionals and decision-makers save time. We do that with our Office Space Virtual Tours.  Using 360 degree virtual tours when you are looking for office space is an excellent way to identify the properties you want to visit and avoid wasting time on properties that won’t work for you, saving your time and effort in looking for office space. Contact us today at OfficeFinder to learn more!

For now, we offer a wide selection of office space virtual tours in the Seattle – Bellevue metropolitan markets with 33 virtual tours of executive suite and coworking spaces.

Seattle Office Space Virtual Tours

The following Seattle Office space listing have virtual tours located on the lower right side of their pages.


3200 Safeco Plaza, Seattle, WA 98154

Premium Executive Office Space In Seattle Downtown 

7th Ave Downtown Seattle, Seattle, WA 98101

Seattle Office Space in Shopping District with Stunning Views
 Holyoke Building
Seattle Office Space – Modern Coworking Space with Historic
Charm
 Pike Place Market
Great Seattle Office Space Located Near Pike Place Market
 Pioneer Buidling  

Affordable Historic Pioneer Building Cowork & Office Space
Available
 Ballard  

Seattle office space in Ballard available with Easy Parking
 Bank of America Plaza
Ideally Located Bank of America Plaza Seattle office space
 Columbia Center
Columbia Center Seattle office space available now
 Fremont Coworking
Awesome Fremont Coworking Office Space in Seattle
 Lake Union  

South Lake Union Seattle office space available now
 Norton Building
Classic Norton Building Seattle office space available now
in CBD
 Seattle City Center
Prestigious Seattle City Seattle office space available now
 Smith Tower  

Historic Smith Tower Seattle office space available now
 South Lake Union  

Super Cool South Lake Union Coworking Office Space in
Seattle
 Two Union  

42nd Floor Two Union Seattle office space with Amazing Views
 Westlake Center  

Spectacular Westlake Tower Office Space in Seattle
 World Trade Center  

Waterfront World Trade Center Seattle office space with
great views

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Portland Office Space Update – A Tight Market

portland office space skylineOur local reps in Portland just came out with an update on Portland Office Space. All in all, it shows a very healthy market with a low vacancy rate, but one in which tenants will need the assistance in finding and negotiating for office space.

Here are the key points of their recent report:

  • The marketplace for Portland office properties grew during 2016, with over 1 million square feet of new and adapted supply came online amid institutional investors initiating or increasing ownership stakes.
  • Office development set records in 2016 and remains very active heading into 2017. Pre-leasing activity has become more common and the vacancy rate remained stable in the 8% range.
  • Company’s appetite for office space in 2018 could be affected in the event of a broader downward business and economic cycles, but our region’s relative advantages should temper these trends.
  • The Portland Office space market strengths include a diversified economy with lower business, commercial real estate, and living costs relative to neighboring West Coast cities, and a well-educated and well-paid workforce.
  • These lower costs attract technology companies and their employees to Portland, where venture capital funding set a 5-year record in 2015 at $283M. Start-ups are an important part of the tenant mix due to their high growth potential.
  • The Oregon Employment Department recently reported the Portland metro area’s GDP grew 4.6% in 2015, 10th-fastest among the largest 100 U.S. metros. The Professional & Business Services category was the second-largest contributor to this growth, and is a key user of office space.
  • The current vacancy rate stands at 8.6% after absorption of over 121,000 square feet in Q4 2016.
  • The average Class A rent is $29.33

If you would like more information or need office space in Portland, contact our local rep. We will be happy to answer questions or help you find your next office space. All at no cost to you for our services.

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Report: Flexible Office Space Becoming A Necessity For Businesses of All Sizes

According to a recently published reportFlexible Office Space Report from Cushman & Wakefield, along with Unwork, rapidly evolving technology and a changing workforce, flexible office space is becoming an essential component of commercial real estate strategies for both large and small companies. Companies looking for office space aren’t seeking a long-term lease these days. They want workplace options that they can — with little time or money invested — make fit the size of their company now, grow within, and that won’t burden them someday with unused space. In other words, flexible office space

While the old adage about “location, location, location” remains true, everything else about what an office building should provide has changed and is continuing to change. The world has reached a point where one of the hottest commodities of real estate is workplace as a service offerings. Consider these facts from a 2016 report from JLL:

  • It is predicted that one million corporate members will be using coworking spaces by 2018.
  • 61% of coworking space providers are planning to expand their operations.
  • A poll of corporate members reveals that 74 percent stated that the ability of employees to think, talk, and brainstorm together creates the most value for the company’s organization.

Accelerator and incubator spaces that are available for start-ups to use immediately are becoming popular attractions in the new office building concepts. Coworking spaces that encourage interaction from different employees, to encourage new ideas and to bolster movement. Modular workspaces that can be changed up or retrofitted to suit new occupants or new styles in a fast-paced and ever changing market. Beyond location and flexibility? The Cushman & Wakefield/ Unwork report says that the next most important provision of a new office building should be amenities. Free or heavily subsidized food, the ability to take classes on-site, great devices. Anything that makes that building and the benefits of working there stand tall against the competition.

Are you looking for flexible space in a great location? We can help! Contact us for more information.

Take A Tour of Flexible Office Space in the Safeco Plaza in Seattle:


Click Here to view in full screen (recommended)

See More OfficeFinder Virtual Tours

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Keeping Your Business Safe in a Coworking Office Space

Coworking office space is the wave of the future, and an excellent solution for new businesses looking for a great place to work at a fraction of the cost of private office space. Like all great things, coworking can have some challenges for businesses too. Here are three common issues that can arise when coworking, and how to solve the problem and make the coworking space great again.

Issue #1: Everyone can hear your ideas

Coworking leads to the open sharing of ideas between diverse groups of people, leading to increased productivity and creativity. Unfortunately, it also means another business in the coworking space might hear your great idea and decide to use it for their next project.

The solution: Choose a coworking office space with a written commitment to honesty and policy regarding intellectual property. Just to be safe, leave the most private company discussions to the coworking space’s enclosed board rooms. Document proactively by immediately putting all of your ideas in writing, as soon as your company conceives them, in case of a worst case scenario where you need to take legal action.

Issue #2: Your employees are having trouble focusing

Working in a coworking office space is fun and vibrant, but the social atmosphere and open plan can make concentration difficult at times.

The solution: Make your company’s most productive hours times when the coworking space is least busy. When complete quiet is needed, take advantage of the enclosed conference rooms in the coworking space that your company can rent. Some coworking spaces also have completely private offices is your team needs full privacy at all times.

Issue #3: Other businesses try to steal your stuff… or employees

Open floor plans make space less secure. And communication is more open, so much that another company may give your best employee a job offer while you’re out of earshot.

The solution: For valuables, either take them home at the end of every day, or use locks to store items in a dedicated company desk. Some coworking spaces have lockers you can use. To retain employees, make company culture fun and encourage your employees to socialize with each other.

Contact us for help finding your company’s perfect coworking space.

Take a Virtual tour of WeWork’s Westlake Tower Coworking Office Space:


Click Here to view in full screen (recommended)

See More OfficeFinder Virtual Tours

The Best Kept Secret to Renting Office Space

Best Kept Secret renting office spaceThere is no doubt that renting office space is an extremely important business decision.  This will often be your clients’ very first impression of you and your company. It is also where your employees spend the majority of their time working. You want to make sure there are no problems. That is what the best kept secret to renting office space is all about.

What is the best kept secret to renting office space?

The best kept secret to renting office space is to make sure you rent one that utilizes a property management company.

Why?

Managing an office building requires considerable time and knowledge, two things many landlords may have in short supply. For instance, renting out space involves going over tenant applications, screening them, researching companies, collecting deposits, taking care of maintenance and ensuring rent is paid on time.  Why would this be your concern as a tenant? Making sure your neighbors pay on time, have good credit and keep their surroundings tidy ensures the consistency and security of your own office space.  Not to mention, your clients and business associates will likely judge you on the general impression and façade of your office building.

Peace of Mind

No matter where your landlord is in the world, you can rest assured that you will be taken care of if they have hired a property management company. This means you won’t have to to worry about calls not being returned for days, and you get peace of mind that someone is there to take of whatever may go wrong.

The little things include cleaning the carpet, painting the walls and conducting small repairs before a business moves in, allowing it to start its tenancy with you on the right foot. Big things tend to include a general aura of professionalism, for example, with prompt response rates that make you as a tenant happy.

Ongoing maintenance helps keep your office space in tiptop shape.

Of course, not all property management companies offer the same standard of service. It’s important to go over the list of services a company provides and check their reviews from the other tenants.

Many Benefits, Some You May Not Have Unexpected

In a nutshell, renting an office space run by a property management company provides security in the following areas:

  • Legal issues – this in your best as well as the owner of the building. It’s always good to have documents clearly stating whose responsibility certain matters are and the time frame in which they need to be taken care of.
  • Administrative details – Need leasing paperwork for your taxes or to change your payment method? Now you have options in a timely manner.
  • Maintenance – need I say more? The property management company is obligated to resolve issues in a timely manner.
  • Marketing – Make sure your building is occupied and you are in a bustling center of commerce.
  • Tenant screenings and tenant evictions – Your neighbors are held to a high standard that reflects on your reputation as a successful business owner.

The above features and much more enable you to direct your energy into your business, making more money and enjoying your me time away from work not wondering when the landlord will fix damage to the entry way of your office; keeping your office in pristine condition and likely end up saving you money and stress in the long run.

Guest Post by: Patrick Rogers is the Principal Property Manager for Asurent Property Management in Eugene Oregon.

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