Oak Brook

Leasing Office Space In Oak Brook, Illinois

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Oak Brook

Located west of downtown Chicago lies the bustling economic locale of Oak Brook. This area is home to many well-known businesses and industries, including Ace Hardware, Papermate, McDonald’s Corporation and more. From small, singly-owned businesses to large corporate industries, Oak Brook offers commercial office space leasing to fit the needs of all types of businesses.

Location

With its suburban location, yet not too far from the city lines, Oak Brook lets business owners enjoy a less bustling atmosphere but still provides them with access to Chicago and beyond.  With a wide array of interstates and local roads to choose from for transportation purposes, those who need to get to Oak Brook can do so quite efficiently.

Business Opportunities

Owners of businesses who decide to lease an office, or offices, in Oak Brook will have many opportunities to expand and grow. The Oak Brook area not only plays host to a variety of businesses but has a residential draw as well. With the residential and commercial combination, businesses will draw in local residents in addition to those outside of Oak Brook who come into town for commercial reasons.

Amenity Options

When you lease an office in a particular area, you want to make sure that amenities are at your fingertips. In Oak Brook, this is easily recognized. From restaurants such as Seasons 52 for fine dining to Antico Posto for excellent Italian cuisine, there are so many great dining options to choose from in Oak Brook. If you are looking to lease office space in an area where shopping options are readily available, then Oak Brook provides an answer for this as well. Oakbrook Center offers shops galore for business owners and their employees to take advantage of throughout the day, whether on their lunch break or once the workday has ended.

Attractions in Oak Brook

Another thing which draws business owners and clients in to a certain area is attractions. You want the area in which you lease office space to offer a lot in the way of recreation and entertainment.  Oak Brook does this and so much more. Places such as Mayslake Peabody Mansion and Graue Mill and Museum are wonderful area attractions which entice individuals to visit Oak Brook, among the many other attractive qualities of the area. For those who want a fun, recreational activity, Pinstripes offers bowling, bocce ball and more.

Oak Brook Meets the Needs of a Wide Variety of Business Owners

Oak Brook is a commercial location which is perfect for many different types of businesses.  Whether you are a sole proprietor or run a national corporation, Oak Brook has the commercial office space lease for your business. When viewing the options, keep in mind that you will need a location to fit your size of business as well as your individual industry of business. Certain locations will be more lucrative for one type of business entity over another. Choose your lease location wisely in order to make it the best spot to open up shop for your company’s needs. A tenant representative can help you to choose the right location and get you the lease terms you need and want in the very beginning.

Commercial Office Space Leasing In Evanston, Illinois

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With its lakeside location, outside of Chicago, Evanston has both beauty and utility on its side. Known as a commercial and residential locale as well, Evanston caters to the business sector as well as individuals and families who call this lovely area home. For those business entities seeking an ideal suburban location to lease commercial office space, Evanston offers quite a bit in the way of enticing features and beneficial aspects. The location itself, as well as what is situated within Evanston, draws businesses in and encourages them to stay for a long time.

Getting To and From Evanston

Evanston is attractive to business owners who wish to lease office space as it is easy to get to and from the city. Well-traveled interstates as well as accessible local roads enable business employees and the general public to reach your company with ease. Chicago’s O’Hare International Airport is pretty close by as well.

Evanston Is City and Suburb All In One

Even though Evanston is considered to be a suburb, it actually has an urban vibe to it. This, in part, means that there is plenty to do in Evanston. Also, because Northwestern University is located within Evanston, you can be sure that there are businesses and attractions galore nearby. Individuals who live in and around the area utilize the plentiful business services of Evanston, which means that your business will benefit from a large influx of consumers who may come to the area for another business’ services but leave the area having done business with your establishment as well. In addition, Evanston has plenty of amenities throughout the area including restaurants, shops and service providers, which will suit your needs as well as the needs of your employees.

Evanston Welcomes All Types of Business Entities

Some suburban areas are known for a specific niche of industry, whereas Evanston welcomes all types of businesses to its city limits. No matter whether your business is in the insurance field, restaurant industry or is an upscale boutique, you will find the ideal commercial lease in Evanston. From single office leases to large building options, Evanston offers a lot of choices regarding leasing types. Also, when you lease office space in Evanston, you can rest assured that your business will be high in demand, even if there are other competitors in the town as well. There is a large client base in Evanston for all types of business owners and their companies to take advantage of when they lease an office space in the area.

Choosing Evanston as your go-to office space leasing location is a wise idea. You will have plenty of consumers to cater to, quite a bit of amenities in the vicinity, no matter where you lease, and be welcomed to an area which will be glad to showcase your business. Tenant representation offers a way for you to ensure that you get the right office space lease at the

best price. When you have a tenant representative, you will also be certain to feel confident in your future dealings with the commercial landlord of the building.

Office Space

Which Office Space To Lease: The Financial Decision

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Office Space

Choosing an office space for lease can be a tough decision. In addition to finding the prime location, you want to be sure that your office space has all of the amenities and proper layout that you desire. You should also be certain that the lease is a financially sound decision for you and your company. It often takes a thorough financial analysis to determine if the lease you are intending to sign will be one which is best for you. The following will highlight some ways in which a financial analysis can play a key role in the decision-making process, and which office space to lease.

Helps To Highlight the Various Leasing Costs

When you complete a financial analysis you are laying out the individual leasing costs. Items such as base rental pay, operating expenses, operating expense increases, parking fees, common area maintenance fees and more will be detailed and allow you to get a better sense as to what the total cost to you, the tenant, might be. Many office space tenants make the mistake of not completing a financial analysis which can lead to serious financial trouble in the future when they find that additional costs are present and these costs simply can’t be met.  The financial analysis will list out all of the costs associated with a prospective lease and allow you to determine if the lease agreement will be the right one for you to sign.

Financial Analysis Can Aid In Landlord-Tenant Negotiations

In addition to providing you with a detailed list of leasing costs for your future commercial office space, a financial analysis will also aid in various landlord-tenant negotiations. You never want to simply sign the lease and not try to negotiate any of the lease terms with your landlord.  No term is set in stone when it comes to commercial office space leasing and there is always the opportunity to negotiate the best lease deal. When you have a complete financial analysis prepared for a specific office space, you can take those details with you when you speak with the landlord regarding certain lease terms. This will help you in the negotiation process and make it more likely that you get a reasonable deal on your future lease. The financial analysis will not only provide you with evidence of certain costs but will also show the landlord that you are taking any future leasing quite seriously.

Preparing a financial analysis prior to signing a lease is essential in commercial real estate leasing arrangements. This type of process allows you to thoroughly review your options and elps to ensure that the decision you make will be the right one now and in the future as well. A tenant representative can help you to prepare a financial analysis and will be with you when it comes time to speak with the landlord. By having this financial analysis completed, you will ultimately know which office space to lease by determining which is a financially sound decision for you in the long run.

Office Space

Office Space: How These CAM Costs May Be Overlooked

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Office Space

Many times a business owner who is interested in leasing office space will forget to consider common area intenance, or CAM, fees when they are comparing prices and figuring out if the lease is affordable. CAM costs are fees which the landlord charges in order to offset their expenses related to maintaining the common areas of the office building. There are a few different reasons why these CAM costs can be overlooked.

Office Tenants Don’t Read the Lease

Fees, such as CAM costs, should be properly stated in the leasing agreement. However, some business owners are in such a hurry to get into their new office space and are overwhelmed by the legal agreements for leases that they simply don’t read the lease completely and fully. This can make overlooking the CAM fees pretty common. When you lease office space, you always must consider that CAM costs will be an issue for the tenant. Most landlords will make these fees a part of the leasing arrangement to ensure that they won’t be stuck with paying for common area maintenance.

New Office Space Tenants May Not Be Familiar with CAM Fees

If you are a new office space tenant, having never leased an office prior to this point, you may not even know that CAM costs are an issue. Many new office space tenants simply think that commercial office space rent is all that will need to be paid throughout the course of the lease agreement. This is not the case. Therefore, you should always be aware that CAM costs are common and must be factored into the total amount of the lease.

Business Tenants Might Not Have a Tenant Representative to Help

Many business owners go into leasing commercial real estate without a tenant representative by their side. This can be a costly mistake as they may enter into an agreement without fully understanding what they are doing. A tenant representative will always point out the CAM costs and make sure that the business owner tenant is able to afford such costs. In addition, a tenant representative will know how to negotiate with the landlord regarding CAM costs and may be able to get a lesser fee when it comes to CAM costs charged to the tenant.

CAM costs are easy to overlook when leasing commercial real estate, especially if you are new to commercial office space leasing. These costs can be expensive in the end and it is important to know how much you will need to pay for common area maintenance and see if you can negotiate these fees so that they are affordable. Before you enter into a leasing agreement, make sure that you thoroughly review the contract and be certain to focus in on any CAM fees which are included in the agreement. A tenant representative is the best person to have by your side when leasing office space and reviewing the agreement. This individual will ensure that you are properly informed as to any and all fees, such as CAM costs, which may be part
of your future lease.

Office Space

Leasing Office Space: Internet/Phone Costs Can Affect Your Decision

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Office Space

When you lease office space, there is more to think about than just paying the rent throughout the lease term. If you lease an individual office space, you will have to often pay for necessities such as furniture, office equipment, phone, Internet and more. Phone service and Internet access are two vital necessities for businesses to possess. However, such amenities can be costly, to say the least. It is these two things that will often factor into your decision as to what type of office space to lease.

Individual Office Space Leasing Means That You Pay For Phone and Internet Service

If you are interested in leasing your own office space, you should be prepared to pay for your phone and Internet service. Not only will you have to pay the monthly bills for these utilities but you will also have to pay for and arrange set up of the phones and computers within the office. Although you get to choose your service plans and configure the items as you wish, it can be a bit of a headache for office space tenants, especially the less than tech-savvy ones.

Shared Office Space Options Usually Include Phone and Internet Service

Your other option for leasing office space is to choose a shared office space location. With a shared office space, you and the other office building tenants will share amenities such as receptionist, mail service, conference rooms and more. It is also in this type of office lease setting when you often have phone and Internet services included. This means that you will already have your phone lines and computer access set up and many times these amenities will be included in your office space rent. You will have unlimited access to phone calls and Internet capabilities for one set price. This can be extremely cost-efficient for your business, especially if computer usage and phone calls are frequent.

Deciding Which Is Right for You

If you are indifferent as to which type of office space you choose, individual or shared, it is always wise to look at the monetary details. Selecting a shared office will allow you to have Internet and phone service included in your rent and not have to deal with setting up these technology avenues. On the other hand, if you choose an individual office, you will have your own space but still need to pay for and set up phone and Internet service. This can be an easy deciding factor for many business owners who wish to have their costs included and ensure that everything is set up and ready to go. Both office space options have their pros and cons. The best way to decide is to determine if cost is an issue when it comes to phone and Internet service. If so, then you should look into the shared office space option and see how much money you will be able to save if you choose to go this route with regard to commercial office space leasing.