Finding the right commercial real estate leases can be tricky

| Aug 7, 2018 | Commercial Real Estate

Finding space available for lease is not a straightforward process that can be completed simply by searching the World Wide Web alone. Commercial real estate leases are a lot more complex, with what seems to be a great deal on the surface potentially turning into a costly nightmare. Here are a couple of important things to look for when on the prowl for the perfect space to lease in Massachusetts.

First, it is wise to choose an office space that accurately reflects the image of the business. A Class A space is most appropriate for a professional service firm featuring white-collar workers in the accounting business, legal or finance sector, for example. Meanwhile, a warehouse that has been converted into a trendy space can be more fitting for a social media, Web design, Web programming or counseling business.

In addition, because office space leases typically run several years, considering both the business’ current space needs and its future space needs are important. An open floor plan is ideal for businesses that encourage employee collaboration and interaction. Meanwhile, a traditional floor plan featuring a reception area and private offices might be more appropriate for other businesses.

Searching for a lease is just step one of the equation, however. Being able to negotiate a lease effectively is just as critical. Fortunately, a real estate attorney in Massachusetts can help business owners who are searching for commercial real estate leases to review lease agreements and then negotiate them in the most personally beneficial manner possible before signing on the dotted line.