In this economy, there are a lot of opportunities for businesses to search out good deals on office rental space. Here are a few tips to remember as you look for office spaces to rent:
- Think small. A lot of landlords who were previously looking for bigger tenants are now looking to diversify and divide up large spaces for smaller tenants. This means that small businesses looking for rental space now have more options to choose from.
- Consider the duration of your lease. Landlords are also becoming increasingly flexible about negotiating the duration of tenant’s leases, so tenants have a better chance of deciding how long they would like to stay. You might want to think about where your business is at as you negotiate your lease length—if you are a small start-up company, you might want to stick to just a few years, but if your company is thriving, you might want to take this opportunity to secure a longer lease.
- Learn your market. Now is the time to see a lot of different spaces as you make your choice. You might also consider working with a broker to help with the nuances of finding a rental space, especially in this economy.
Being savvy about the current real estate economy could help you land an attractive deal on office rental space in Kansas City. If you would like to ask any questions about the size of spaces available or the duration of leases at Southcreek, give one of our commercial real estate brokers in Kansas City a call at 913-685-4100!