Anyone who’s done it knows that finding a new office location can take a lot longer than they might think.
With corporate success comes growth, and along with growth in revenue and profits, a successful company is also likely to expand its workforce and need new premises.
Moving to a new property can be an expense, especially when there is overlap between the current lease and the new lease. And, even if the company doesn’t relocate most will want to undertake an office refurbishment.
With a range of things to consider, companies are turning to a growing tenant representative service that is committed to negotiating the most appropriate premises strategy or commercial property lease.
They will discuss all the options with their clients such as whether they should stay in their current location or find new premises, how much space they will need and assist in creating the premises brief bespoke to the organisation.
They can help negotiate a fit-out deal, and in some cases, offer a range of additional service such as financial modelling.
This benefits the owner too, as they want reliable tenants who fit within their building identity and will provide the right mix for that location. Building owners will often accommodate specific needs to accommodate the tenant’s needs in order to find the right tenant.