Off The MRKT

View Original

What To Look For When Searching For A New Office Space

Office space is hard to come by these days. They’re always way too expensive, or somehow part of a strange tech cult-like WeWork was. Good thing we have options this time around. There’s a ton of resources that allow us to choose between office spaces like any other property piece. With fresh eyes and adaptation to new tech, property management companies are chomping at the bit to give people the best options they can at a competitive price.

If you’re in the market to rent out some new space, here are the essential things to look for.

Security Features

Security is the most important thing when it comes to office space. It doesn’t matter what neighborhood you decide to park your business at, as long as the property has enough security around it. If you look at the Chelsea offices, most of them have doormen and passcodes. This is because Chelsea is the premiere spot for new and budding businesses to start in New York. But let's not forget that Chelsea wasn’t always as swanky as it is now. There had to be an adaptation period. Other spots around the city that are growing in popularity. Make sure that they’re up to speed when it comes to their security protocols.

Tech Infrastructure

If you’re running any sort of modern business, you’re going to need a tech infrastructure. This means existing routers, or the ability to install them. Often, this means having an open communication line with property management. This is often overlooked. We look at the exposed brick and the great lighting and immediately get sold. Sometimes we forget that half of an office is computers and screens. Those have to be taken into account. If you can freely set up your tech infrastructure, or can easily adapt to theirs, this a clear win for all parties involved.

Vicinity to Employees and Customers

How far are you from your employees and your customers? Again, the design and the look of an office may be the guiding force to signing the contract, but you really have to take into account the people that are going to be working there. It should be centrally located, or within a train ride away from most of your employees and/or customers. Have your people list out where they’re willing to go, and where they’re not willing to go. From there, triangulate a space where most people can be happy. You won’t be able to please everyone, but getting the majority is what matters. As far as customers go, figure out, either through online analytics or a survey, where the majority of them are coming from Flushing, why would you set up in Flatbush?

Office spaces may be few and far between these days, but there are still wonderful options. All it takes is a keen eye for quality and the right questions for management. Be assertive, but not aggressive. When dealing with said spaces, especially high yield spots, there will be some steep negotiations. Stick to your guns and stick to your standards. Good luck!

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

See this content in the original post