Buffalo Grove Office Space

Choosing Office Space in Chicago

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Buffalo Grove Office Space

With so much office space in Chicago, it can be hard to know the right location for your business. Do you pick a spot in the heart of the city? Or, do you choose a location farther out in the suburbs?

The first thing to consider is cost. Obviously, office space in Chicago is going to be more expensive the closer it is to downtown. Spaces in the suburbs are going to be the most affordable, which can be especially useful for new businesses. It is important to never pick a location that puts too much of a strain on your budget, thereby impeding other parts of the business.

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However, the second consideration is availability. There is a reason that office space in Chicago is cheaper when you get farther away. These spaces are not nearly as accessible, which can limit your business’s ability to attract and retain customers. Many customers prefer a business in a central location that can be accessed quickly on foot or public transit. Only loyal customers are going to spend time on the train to visit a business that is far away.

Ultimately, whether you choose a location closer to or further from the city is often a question of balance. To pick the best option, look for an office space that is as close to the city as possible and within your budget.

Office Space Negotiations

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Commercial office space lease terms can be lengthy, especially when compared with their residential counterparts. However, there always comes a time when a lease term is up and it’s time to either renew or look for a new office space in which to relocate. Landlords are often in a better place at this time since they know that it’s no easy task to get up and relocate your entire business. Therefore, negotiating terms is often on the side of the landlord. With that said, this doesn’t have to be the case, especially if you show signs of interest in moving to a new location.

Look Around at Other Office Space Leases in the Area

When the time comes to renew your lease, you don’t want to be scrambling trying to find possible alternatives to your current location. You should know what other options are out there in case you and your landlord cannot agree on favorable lease terms with a new lease. Also, by checking out the other alternatives, you are letting your landlord know that you are not 100% set on renewing the current lease, which may make the landlord more likely to offer new lease terms which are more favorable to the tenant in the leasing contract.

Discuss Future Lease Arrangements with Current Landlord Well in Advance

Another easy way to show your current landlord that you may, or may not, be renewing your lease with them is to sit down with your landlord and discuss the future lease terms. Before you commit to a new lease with your current landlord, you want to be sure that this will be the best move for you and your company. If your landlord feels as if you have no other option but to stay in your current location, they will be less generous with the lease terms which they offer. You don’t want to be put in that position so be sure to get a feel for what your landlord will be offering if you decide to renew your commercial office space lease.

Utilize the Services of a Tenant Representativechicago office space listings

An additional way to let your landlord know that you are searching for other accommodations is to hire a tenant representative. When you utilize the services of a tenant representative, your landlord knows that you are not just going to settle for any and all terms which the landlord offers to you and you will be fighting for the best tenant-oriented lease terms possible. Your tenant representative can help out, no matter whether you decide to renew your current lease or venture out to find a new location in which to set up your company.

As a tenant, you still have flexibility when it comes to getting the best possible lease terms in a renewed lease. Just be sure to explore all options and don’t let your landlord believe that you will automatically renew your lease for lack of any other options as this will not help you to obtain the best lease terms should you choose to renew.

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Office Space: Tips For Obtaining A Flexible Office Space Lease

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chicago office space listingsCommercial office space leases are often long in lease term length and strict with regard to getting out of the lease prior to the lease term expiration. Many business owners who are eager to lease office space feel as if they have no choice but to accept the lease terms as-is and just know that they must accept a lengthy lease if they want to gain office space. This is not always the case. Although landlords may be the ones to structure the lease, the lease terms are not ones which are absolute. There is always the option to negotiate lease terms and make them more flexible for the benefit of the tenant. The following will offer some tips for obtaining a flexible office space lease.

Request a Shorter Lease Term

Just because the initial lease terms are on paper doesn’t mean that you can’t request a shorter lease term. Many landlords will opt for longer lease terms as it ensures that they will have a tenant in place for years in the future and provides them with security. However, there are times when the landlord may agree to a shorter lease term. You may have to pay a bit more for an office space lease which is shorter than a 5-15 year range, however, if you need the flexibility with regard to length of the lease, it may be worth paying a bit more to obtain such flexibility.

Ask for a Renewal Clause

Suppose you feel as if you will want to stay in your office space for many years to come and don’t want to risk being forced out when your lease term expires. The easiest way to gain security in this regard is to request that a renewal clause be added to the leasing contract. This will give you a documented right to renew your lease should you desire to do so in the future. It’s always good to have this type of safeguard in place and absolutely have it in writing.

Assignment and Sublease Options

There may come a time during the commercial tenancy where you have to vacate the lease ahead of the expiration of your current lease. Having assignment and sublease options in the contract will ensure that you will be allowed to assign or sublet the remainder of your lease term without penalty.Oak Brook

Inclusion of a Termination Clause

As with the prior section, should you need to move your business out of the leased office space prior to the conclusion of the lease term, you want to be able to do so without being penalized. Sometimes business owners don’t want to be responsible for subleases or assignments and this is where a termination clause will come in handy. Request that this lease term is also added to the contract and it will provide a flexible option for you as a commercial office space tenant.

Office space leases don’t have to be strictly structured nor do they have to benefit the landlord alone. Request that terms be included within the lease which will safeguard you as a tenant down the road.

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Image Is Everything – Does your office send the right one?

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Clients, customers, and even employees make snap decisions based on appearance. Your office needs to send the right message the instant people see it. People need to know that they made the right decisions in choosing you—your company. Give it to them, but cautiously and with deep consideration.  Image is everything – does your office send the right one?

We are wired to make instantaneous judgments. It has gotten us this far, and Mother Nature is not likely to abandon the system. After all, it is a jungle out there.

Office Value

Your office space should make the right first impression. It also needs to follow through with that impression. This means looking great, but it does not mean making it look like you are putting more money into decoration than your product. You don’t want to undersell your space either. Find a balance. If you are charging a million bucks, your commercial office space should look like it. Likewise, your office space should look like the model for cost-efficient process if your product is.

In addition to portraying the right value, your space should convey the right values. This is considerably easier than identifying a financial image. Trust your company’s core values and ask people if your space agrees with those values. Does this look trustworthy; does this look personable; timely; creative…? These are all great questions to ask on behalf of your office space. Find the answers and you identify success.

Leasing Commercial Office Space In Schiller Park

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Schiller Park is a smaller village located outside of Chicago in Cook County. With 11,793 residents calculated during the 2010 census, this suburb is small enough to exude a small-town feel but large enough to accommodate businesses of all varieties. Leasing an office in Schiller Park will put your business less than 15 miles away from downtown Chicago, which offers ease of access for those in the city to reach your business.

Transportation Options in Schiller Park

There are quite a few transportation options for individuals who live and work in Schiller Park. Transportation by car is easily achieved when your business leases an office in Schiller Park. Due to its suburban location, one won’t face the driving and parking issues which they do in the downtown Chicago area. With that said, Schiller Park is close enough to Chicago that it sees all of the public transportation options available to those who live and work in big city. Pace bus routes and a Metra stop in Schiller Park make public transportation a breeze for residents, customers and employees. You will also find taxis available as well.

Amenities Are Plentiful in Schiller Park

Schiller Park is home to many wonderful amenities for those who live and work in town. Dining establishments such as Great Escape, Mantra and Hubcaps will keep the Schiller Park residents and business employees well fed while shopping opportunities exist at many area stores, including those local to Schiller Park. For those seeking recreational activities in Schiller Park, the village offers great amenities such as the recreation center, activities center and water park. There are also plenty of parks and recreation leagues in Schiller Park to choose from as well.

Why Your Business Belongs in Schiller Park

The aforementioned items provide you with some insight into why your business belongs in Schiller Park. The location is convenient, transportation options are available and the amenities are great in number throughout town. You will also find that the customers who will utilize your services and buy your products, will be from both in the village and surrounding areas, too. There are many surrounding towns in close proximity which is ideal for the business owner who wishes to draw in out-of-town clients. You will find that by leasing commercial office space in Schiller Park, you will have access to many beneficial things in addition to plenty of customers who live in and around Schiller Park.

Leasing Options Await Your Business

Some business owners who are eager to lease office space may wonder if their business will be welcome in Schiller Park. The answer to this question is, “Yes!” Schiller Park leasing options exist, no matter whether your business is industrial in nature, a small corporate office or some other type of business. The leasing opportunities exist in Schiller Park, no matter what your company may do with regard to industry. Although certain areas will be zoned to suit particular businesses, office space is readily available for lease within Schiller Park.

Start looking for that ideal Schiller Park office space today.