3 Important Considerations When Leasing office Space

leasing office space signingYou are at a point in your business where you need a change. Whether you need more office space or less, changes are difficult, but they are a vital part of growing or maintaining your bottom line. That’s why it is so important to make a good decision when leasing office space. While there are many elements to consider when leasing office space, make sure to keep these 3 in mind when looking into offices:


When choosing a location, you have to think about the future of the area. You need to know if the neighborhood is declining, on the rise, or at its peak. You also need to think about the convenience. Will it be easy for consumers to find you? Can you attract new customers by your location? How many businesses in the area are similar to yours? If there are any, what makes you stand out?

Internet and Telecommunication Service Providers

Most companies need a good internet connection and a phone system to adequately run their business. It’s important to make sure that area gets good reception to keep everything running smooth. You should also do some research on which companies service that district. The last thing you want to find out after you have signed a lease is that you can’t get the services you need. Also, make sure you allow enough time to get the equipment installed and up and running.

Space Needs

Think about how much space you really need. How much space will you need in 1 year or 3 years? You don’t want to spend extra money on a bunch of unused space, but you want to have enough to grow into. How much does the office cost per square foot? What is the load factor, the space you pay for but is not usable? Can you afford the rent and deposit without worry? Style and design is also a factor when deciding on how much room you need. Is there a tenant improvement allowance from the landlord? These are just a handful of items to consider regarding you space needs.

All these and many more are the specialty of OfficeFinder’s local tenant reps. OfficeFinder not only helps you find the perfect location, but we also provide local professionals at no cost to you. We will give you all the information you need to make an informed decision. Contact us today to get started on your search.