When Should I Start Looking for Office Space?
Business Owners: Have you ever wondered when you should start looking for office space? That’s a question I get asked all the time, but it depends on your situation. BIG TAKEAWAY: Do not wait until the last minute. You’ll end up rushed to make a decision and you’ll have no leverage because you don’t have time to go anywhere else. You should start your search 3 to 6 months before your Renewal Option (don’t know what that is? Contact us for help) expires. To help with your search, contact a commercial real estate broker like Carlsen O’Connell Commercial Real Estate. They will take the office search off your plate (for free) and give you more time to do what you do best: run your business. Is it possible to go out to the market too early looking for office space?. Yes, but watch this video because there are caveats. Whatever you do, make sure to leave extra time for the search, the move, and the lease negotiation.
Do you have questions about office space or commercial real estate? Give us a call today. We’d be happy to chat! Our wives are getting pretty sick of talking about office space so they could use a break.