When considering purchasing or renting commercial real estate, there are a few do’s and don’ts. Here are a few “do’s” of the commercial real estate market and how to avoid some pit falls!
- Experts will Be Life Savers – Consider all the experts that you can find as fantastic resources to get the best possible value for the property. Experts can determine all the answers to the who, what, when, where and why of commercial real estate. A tenant advisor can also provide insight into the current state of the market and when it would be ideal to move in on a property.
- Take a Tour – When considering a property, even a rental property, take a tour of the property. You never want to be unpleasantly surprised with your rental office space. Even though you can trust your broker, advisor, etc., you can still look into how the property will fit you and the goals you have for your team.
- Strategize – Knowing your business strategy can also help to decide your best options when it comes to a real estate venture. Looking at what your business’s needs and wants are now, and also what they will be in the length of time that the lease in binding. Consider all aspects from growth to expectations that will be affected by you choice in real estate.
If you are looking for Chicago office space rentals, check out TenantAdvisors.com to get the latest updates on properties in the area!