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.
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.
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.
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.
The availability of quality restaurants and cafes, giving your employees a choice, contributes to their satisfaction.
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.
One of the ways to win the loyalty of your existing employees an attract new ones is to offer them an interesting working environment.
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.
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.
Choose office space with transparent costs.
Consider, whether you will need storage space or a showroom accommodation.
Author: Katarina Wojtusiak, Head of Office Agency, CBRE