What's most important when looking for office space?Location is an extremely important factor to look at when considering a move. A company needs to prioritize pri·or·i·tize v. pri·or·i·tized, pri·or·i·tiz·ing, pri·or·i·tiz·es Usage Problem v.tr. To arrange or deal with in order of importance. v.intr. what will most affect their location and examine the importance of client satisfaction, employee satisfaction, and the corporate tone of the company, all which will have an effect on the site selection. Will this be the only office in the area, or will there be many? Do you need to be close to an airport? Is it important for you to be close to a downtown Downtown (called a "city centre" in British English) is a term used in North America when referring to a city's core, usually both in a geographical and commercial / community sense. hub, or would you prefer the suburbs? Where does the majority of your workforce live? Do you need to be near your competitors COMPETITORS, French law. Persons who compete or aspire to the same office, rank or employment. As an English word in common use, it has a much wider application. Ferriere, Dict. de Dr. h.t. ? In the long run, a good broker will save you both time and money. The old rule of thumb used to be 4 employees per 1,000 square feet of office space. If you had 10 employees, the assumption was to allow for 2,500 square feet. Then rents began to escalate es·ca·late v. es·ca·lat·ed, es·ca·lat·ing, es·ca·lates v.tr. To increase, enlarge, or intensify: escalated the hostilities in the Persian Gulf. v.intr. and leasing space became very expensive. Companies began cutting back on office space; thus the advents of the workstation, cubical cu·bi·cal adj. 1. Cubic. 2. Of or relating to volume. cu  bi·cal·ly adv. , open plan and shared
office. Companies started using a 5 employee per 1,000 sf ratios in
order to utilize their space as efficiently as possible. The difficulty
with companies trying to put more and more people into less square
footage is not the building itself, but the actual number of parking
spaces. Most office buildings have a parking ratio of 3 to 4 cars per
1,000 square feet of office space.
But what can a tenant do to find a building that will support its more efficient office and not run out of parking? First, always look at the entire tenant mix in the building to see if there are additional high ratio companies. Second, look at the overall size of the building. The larger the building, the more parking spaces available for overflow use. You may have to walk farther to your car, but you will have a space to park. Finally, stay away from buildings with reserved parking which eliminates all spillover spill·o·ver n. 1. The act or an instance of spilling over. 2. An amount or quantity spilled over. 3. A side effect arising from or as if from an unpredicted source: parking. The good news is that newer office buildings finally understand the tenants' need for more parking and are allowing for 4.5 to 5 parking spaces per 1,000 square feet ... and you thought landlords never listened to tenants! Pete Frame Peter 'Pete' Frame (b. 10 November, 1942, in Luton, Bedfordshire) is a music journalist, best known for producing intricately-detailed outlines of the history of rock bands for various magazines. is a freelance writer and retired real estate agent. |
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