Lease Process GuideSelecting Properties

After following recommendations for the location of the new office space, New York Office Space agents will isolate the amenities and services provided with the space and review the history of the current landlord with other office space tenants in the building. They will also develop a property survey with a number of viewing properties for the prospective tenant.

In addition to pictures and dimensions, areas that should be covered initially include:

• Office space lease renewal compared to relocation and the purchase of office space;
• Corporate objectives for new office space;
• Importance of the office space building attributes such as location, image, services and amenities;
• Lease terms and costs for each office space;
• Legal parameters for the new office space

A tenant searching for new office space must have the ability to predetermine his or her office space square footage requirement for the new office space before initiating an office space market survey. Performing this evaluation in a step-by-step format can help the tenant think through the most suitable office space components, and then match these components to his or her office staffing projections.

This information not only helps build consensus within the tenant’s organization but also proves invaluable when communicating tenant’s office space needs to the office space planner. It will also help prevent false starts and better insure that the end result meets the tenant’s needs both now and over the entire term of the office space lease.