3 Ways To Save Time And Money When Negotiating Your Overland Park Office Space Lease

3 Ways To Save Time And Money When Negotiating Your Overland Park Office Space Lease

A big difference between the world of commercial real estate and residential real estate is the negotiations you can use for incentives and price allowances in commercial leases. Here are a few ways to save time and money through negotiation, as outlined in “Tenant Leases: Save Time & Money In The Leasing Process”:

#1 Have the perfect team.

It is important when negotiating for a lease to understand the space you are looking at. This could mean opening your doors to new people and consultants, like engineers, lawyers, and contractors, to help you with the process. Having these third party professionals on your side will make a huge difference when striking a deal with the landlord.

#2 Be engaged in the process.

As much as a team will help in the process of making sure you are getting just what you want, you can’t leave it up to them to make the final decisions. Be engaged in the negotiation process, make sure your voice is heard, and don’t settle until what you want is achievable. After all, this is your business and you want to be comfortable in the space you are renting.

#3 Understand the issues.

A division of labor will help you make the transaction for your business smooth and easy. Keep an eye on everything that is happening in the lease agreement and take notes on anything that may cause issues with daily operations.

Understanding the ways of negotiation in real estate can help your business find the best possible deal!

Are you looking for new office space for lease in Overland Park? Give a commercial real estate broker in Kansas City a call at 913-685-4100 to find out about our available spaces!

Share

6 Tips for Evaluating an Office Building in Overland Park

If you are looking to move to a new office building, it is important to check to make sure that not only the specific office space, but the building itself meets your standards. Here are a few tips for evaluating an office building, as suggested in the article, “HOW TO: Choose the Right Office Space”:

Security

This is a major concern for any business to ensure the safety and comfort of their employees. Some things to check for include the following:

  • History of break-ins in the building
  • Locks on doors, windows, skylights
  • Need for extra security
  • 24-hour access that also includes security

Neighboring Businesses 

Consider the other companies in the property and whether or not they are competitors. Having a competitor around could mean the possibility of another business overhearing your own business’s private information or even trying to deliver pitches to visiting clients.

Construction

Check to see if the property has any plans for major repairs or additions in the near future. Depending on the length of your lease, improvements to the property could be useful to you in the long run, but remember that you would be signing up for months of loud noise and general construction mess.

Maintenance

One way to check and see if the property managers maintain the building well is to check in with current tenants about the quality of the service. You could even get the name of the firm that manages security and other services to check and see if they are reputable.

Parking

Check to see what the building’s parking situation is, both for cars and bikes. If the building itself does not have enough parking spaces or a parking garage, make sure there is enough parking in the surrounding area for both your employees and clients or customers. You might even ask the landlord about renting extra parking spaces for regular visitors.

Reception

One thing you might want to look into is whether or not the building provides a reception desk. If so, what is the service like? Is it more of a security checkpoint or a receptionist focused on customer service? Remember that this will be the first impression a visitor has of your business, so if it is not your own people at the desk, you still want to make sure it is someone who you are assured is doing a professional job.

If you’re looking to relocate to a new office space, remember to look into different aspects of the building itself!

To learn more about Overland Park office space for lease, give a commercial real estate broker in Overland Park a call at 913-685-4100!

Share