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Start searching for your office space in good time

Decalogue for companies looking for new office space 

Executives are paying attention to the impact of the work environment on employee performance, and therefore want to improve the quality of their offices, for which there are currently excellent conditions. Specialists at CBRE, a global real estate advisor, have prepared a simple yet key decalogue intended to assist companies searching for suitable office space.

1. Give yourself enough time

The process of the selection of suitable offices and their preparation depends on the size of the company. Companies demanding hundreds of square metres should definitely start one year in advance and companies interested in thousands of square metres should start looking for their new spaces several years in advance.

2. Location is a question of image

If you really need to be seen, select prestigious locations. Compare the office space location with your competitors and collect information of your customer´s and employees' preferences as well.

3. Availability and services are important

The availability of local public transport, railway connections or airports can be of key importance. A sufficient number of parking spaces for both cars and bicycles is among the priorities.

4. Options for employees 

The availability of quality restaurants and cafes, giving your employees a choice, contributes to their satisfaction.

5. Remember that your company may grow in the future

Consider the potential growth of your company and the potential need for additional space before leasing. Office leases usually last over a period of years.

6. Try to find an interesting working environment – an attractive location is very important for employees

One of the ways to win the loyalty of your existing employees an attract new ones is to offer them an interesting working environment.

7. Consider your budget early

Your budget must be clear from the start of the process. Remember, the total costs include not only rent and service charges but also costs relating to equipment, furniture, IT, moving, etc.

8. Find a specialist for you

If you hire a specialist in the respective area who knows all specifics of the market, you will save money and time and you can do your job instead.

9. Transparent costs relating to facility management

Choose office space with transparent costs.

10. Office or other space?

Consider, whether you will need storage space or a showroom accommodation.

Author: Katarina Wojtusiak, Head of Office Agency, CBRE