Searching for office space in any city can be exhausting. For one, it's daunting to navigate the commercial real estate scene on your own, which may be better handled with a savvy real estate agent.
When looking for office spaces, make sure you understand the terms that can affect the rental agreement. While signing a seven-year lease might seem advantageous because the rent is lower if you are a new business, a seven-year lease may not be practical for your company. If you decide to enter into a lease for a specific period, you should also be informed about the conditions under which the lease can be terminated and what penalties may apply in case of termination.
Find out which amenities are included in the rental agreement. Generally, rental costs are cheaper without included amenities, but your bills will vary from month to month. Conversely, the rent price increases when amenities are included, but your bill remains consistent.
Another consideration you should take into account is the businesses in the surrounding area. One way to attract new businesses is the feeder traffic that comes to the area. Additionally, you should ensure that there are no companies in the vicinity that could pose competition to your venture. It is simply good to get an idea of the business environment to avoid setting up your business in an unfriendly location.
Prospective tenants should also pay attention to the lease agreement to understand the responsibilities of both tenant and landlord. Normally, the property manager takes care of office repairs, but common areas are not included. Additionally, it is good to know who is responsible for cleaning the office when choosing a rental agreement.
Consider the space also in terms of your company’s growth potential. If you are starting a new business, this will be challenging in the first year, but you also don’t want to rent a space that is too small. There are online calculators that can tell you how much space you need per person. It is therefore a good idea to calculate for the people and objects you currently have and then add extra for growth.
The worst thing that can happen is moving into a space that is not upgraded for modern business. In the end, the location might be great and perfect for your business, but the costs for equipping a modern business might be too expensive. Before signing a lease, especially in older districts, ensure that the office is equipped with modern technology.
These are just some of the important considerations to keep in mind when looking for office space. In today’s real estate market, tenants are fortunate to have options. As mentioned earlier, a serviced office can sometimes reduce the stress of office space leasing by streamlining the process. Whether you go with a serviced office or the traditional route, there is a solution for your business.
Searching for office space to rent does not have to be a hassle, especially if you are aware of the pitfalls for the average business. Indeed, there are countless websites on the internet that can help potential tenants identify red flags in office leasing. Whether you opt for popular serviced offices or go through an established leasing agent, your search for the perfect office can be much easier if you consider a few factors.
Let's take a closer look at some key areas you need to consider when searching for office space for your business.
© 2025 maison (Schweiz) GmbH