subject: Three Thoughts About Office Space Leasing [print this page] Many companies are choosing not to buy their office space these days because money is so tight. Although real estate is at a multi-year low, that doesn't mean that companies want to tie up all of their free money in a building. By choosing office space leasing instead of buying, you will be able to put that money to better use and still be able to work out of an appropriate building.
There are a few simple considerations that you should have when you are determining what is the right office space leasing choice for you, and they all start by working with someone who knows the market, knows the properties, and is able to negotiate on your behalf. There are several online companies that will do this for you and they are a great place to start.
You will want to make sure that you understand what is included in office space leasing and what is not. Not all leases are the same some may include utilities while others may not. One of your primary considerations may be parking and that is not always included in a lease, so be careful.
Also, you should keep in mind that the office space that you choose to lease may not be fit for your employees to move into. You may have to buy partitions, put up walls, or create offices where there are none.
Finally, don't think that you are getting the best deal by buying into a long-term space in an empty building. Many times, a short-term lease in an "executive" office space turns out to be much cheaper. You won't have to pay for anything just move right on in. And, you can move out with much less notice. It is perfect for businesses that are growing quickly or don't have cash to invest right away.
