Finding An Office Space

By: Daniel Roshard

Finding an office space in Manhattan is easy but making sure it is the right one for your needs requires more than just your ability to pay the rent.

Here are some important pointers you should remember to ensure that the space you get is the most perfect in your business.

Select a broker that can answer your need. A good broker must be able to give you the office space that meets your expectations. He should be a licensed real estate broker that can definitely deliver the job in time.

He will give you details on the best, moderate, and "just okay" office spaces in your selection. Also, a good tenant broker will be able to deliver the deal for you and will do all the legwork required to accomplish what you need. Of course you don't need a tenant broker to show you the space, but when you need your questions about the space to be answered, the tenant broker is someone you need on your side.

Show what your company is all about. Landlords can be a little skeptical on some potential tenants since money is at stake once the tenant has failed to pay the lease. What you should be doing is to market your company with brochure and show your financial statement. As the saying goes, "it's all about the Benjamin," so rather play the game than lose a significant amount of time.

Choose from different spaces. Making offers on other office spaces in case something went wrong in your primary choice is a good move that can save you time and money. It is beyond your control if the landlord still offers your chosen space to someone else even after your offer is accepted. In the event of prime lease cancellation, you have other options and backup space to go to.

Consider other professionals. In most cases, the office space requires tenant improvements are required so before making a deal or signing the lease, a consultation with your office space planner or architect is necessary. These professionals will give you a better idea if the space you are considering fits your need. Your insurance broker should also be consulted in the matters of condemnation rights, personal injury, and property damage.

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