Mar 19th, 2019, By

Tips When Touring Commercial Office Space

It is not easy to find the perfect commercial office space for your business. Hence, you need to tour an available office space before signing the lease. There are certain vital questions to ask and critical areas to explore before making your office space decision. Below are six helpful tips that you can use when touring commercial office space.

1. Tour With Your Tenant Rep Broker

It is not a good idea to go on an office space tour alone. Instead, bring your tenant rep broker along. This is because there are key details that you may miss out, but your tenant rep broker will be able to spot them out quickly.

 

In addition, a broker will give you access to critical market information. Commercial real estate is complex, and having someone who is an expert in the field will help you understand the lease terms.

2. Have a List of Key Questions to Ask

In addition, a broker will give you access to critical market information. Commercial real estate is complex, and having someone who is an expert in the field will help you understand the lease terms.

  • Who are the other tenants in the building?

  • What is the condition of the HVAC system?

  • What is the landlord’s build-out policy?

3. Do Not Reveal Any Key Information

If you are on tour with the landlord’s leasing agent, you may want to keep a poker face and avoid releasing too much information. To avoid releasing too much information, you can have all questions to be directed to your broker.

4. Drive Through the Parking Garage

In most cases, you are likely going to park at the designated visitor parking area. However, if you become a tenant in the building, you are not going to be parking there every day. Hence, it is important to check the garage for ease of movement (in and out of the park).

 

Also, check if there is enough space for your employees and if space is well lit. This is to ensure comfort and security when walking to the car alone early in the morning or late at night.

5. Check the Space More Than Once

When you visit the same space several times, you will see things that you didn’t see earlier. You should check the space at different times of the day to see how space looks. In addition, you can take pictures. This is a space you are likely going to be spending many years, you should take your time to tour the office space.

6. Examine How the Office Will Appear to Others

Your office sends a message to others. No one will take an office that falling apart seriously. Hence, it is important to imagine what visitors would think of the elevators, lobby as well as the hallways as you tour the office space.

 

In conclusion, the above tips will help you in having a successful tour. Leasing new commercial office space is a major decision, having a successful tour will help you in making a proper decision.

Here are some other articles to check out:

Top 10 Commercial Real Estate Terms You Need to Know

Utilizing Drones For Your Commercial Real Estate

5 Commercial Real Estate Concerns You Should Know

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