What is your company’s vision when it comes to work space?February 21, 2019
Choosing the right location requires a multi-step process, Cresa has perfected it.
Step 1: Project Kickoff
Step 2: Market Intel
Step 3: Select Properties
Step 4: Negotiate the Terms
Decoding the myths and realties when it comes to your office space.
Myth: We have no interest in relocating.
Reality: Even if you renew, you don’t want to pay more than you have to, renewals are market driven.
Myth: Hiring a tenant advocate will cost me more.
Reality: Representation fees are factored into the rate and paid to the landlord’s broker if you’re not represented.
Myth: We have a relationship with the landlord and/or landlord’s broker.
Reality: Your landlord has representation, you should too; your landlord expects it.
Myth: We have time left on our lease.
Reality: Starting early allows us to develop the best strategy whether renewing or relocating, or you can capture the benefits of today’s market by renewing early.
Myth: The landlord dropped our rate .50/SF, we got a good deal.
Reality: There’s so much more that goes into occupancy costs than just the rate.