Office Space Rentals: Changes and Trends in Office Space Density

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In the past, many different service and product providers would have offices which were large and all encompassing. Whether it was rows of office cubicles or a vast array of individual offices, many of the offices of yesterday were quite larger than many company facilities today. There have been quite a few changes with regard to office space density, largely due to business owners wanting to cut costs. The following will explore the changes and trends in office space density and highlight what the features of office space density are likely to consist of in the future.

Office Space Density Has Decreased As Costs Have Increased

Although there are many more office space facilities being built, many of the individual offices for various companies have been decreasing in size. Cost is a big factor in this regard. It is costly to pay for employee space as well as employee workspace materials. Many companies are downsizing as they simply can’t afford to have large offices due to the high cost associated with these areas. Utilities cost more as do office furniture purchases to properly accommodate many employees. The business owners have had to look to other alternatives in order to be able to afford operating their workspace. Fortunately, with technology on our side, many other options are readily available with regard to properly staffing a company while keeping office space density to a minimum.

Cloud Computing Enables Companies to Downsize With Regard to Office Space Density

Cloud computing is one technological advancement which has allowed business owners to cut back on their office space density. Cloud computing is a type of shared service option which makes it possible for businesses to get the services they need without having to have a bunch of extra employees taking up office space. The options available with cloud computing keep increasing and businesses are taking advantage of these features on an increasing basis.

Telecommuting Options Have Increased For Employees

Another change which is seen with regard to office space density is the increased availability of telecommuting options. Many company owners realize the advantages to having employees work from home and employees love the convenience associated with telecommuting. Basically, it is a win-win situation for all involved. This is another trend seen with the reduction of office space density and one which is quite popular for both business owners and their employees.

The Future of Office Space Density

The trends currently seen with office space density do not seem like they will be dwindling any time soon. As more business owners face the high costs associated with a large employee base, they will keep exploring options as to how they can reduce their office space density. Telecommuting options are bound to increase as are cloud computing services. Business owners are figuring out that by utilizing these options, they can decrease costs all the while having their staff properly in order and doing business with ease. Reducing office space density is possible and there are bound to be countless amounts of additional resources available to business owners who wish to decrease their office space density while maintaining their current operations effectively.

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Chicago Office Space: Attractive Qualities of Leasing Office Space

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Business owners located in the Chicago area have plenty of options when the time comes to lease commercial office space. Some choose to lease office space in the Chicago suburbs while others find that downtown Chicago holds many attractive qualities and draws them in. Although the suburban area has its own distinctive qualities, there are many great features which propel business owners to the city streets of Chicago and entice them into leasing commercial office space throughout the city. The following will highlight some of the many attractive qualities of leasing an office in the Chicago downtown area.

Leasing Options Are Wide and Varied

Office space leasing in Chicago is a wise choice as the leasing options are wide and varied. From single-room office spaces to multiple floors of high rise buildings, business owners can find the right style of office space to lease in downtown Chicago. When compared with suburban locations, Chicago has so much more to offer with office space style variations. In addition, commercial office space seekers can look in different areas of the downtown area and find the location which is most akin to their industry.

Public Transportation Makes Commuting Simple

Chicago has another attractive aspect which is the public transportation options. Taxis, buses, trains…practically every public transportation option you can imagine is available in Chicago. Commuting is simple in Chicago due to the wide array of public transportation. Not only does this allow business owners to get to their place of business but this goes for their staff and clients as well.

Large Client Base Opportunities for Chicago Businesses

The city draws in clients from all over town and the suburbs as well. When you lease office space in downtown Chicago, you can rest assured that your client base is readily available. The city atmosphere allows prospective clients to find your door, especially if they are in the commercial neighborhood for another entirely different reason. Having an office in the downtown Chicago area is a great way to draw in new clients and provide goods and services to your current clients as well.

Restaurants and Shopping Nearby

Leasing commercial office space in the city means that there will be plenty of amenities located nearby. Restaurants and shopping venues make it easy to draw in clients who may be in the neighborhood for a different reason yet find their way to your office. Also, you should be located close to restaurants and stores so that these amenities are available to your employees. The downtown Chicago office space leasing location ensures that you will have restaurants and stores galore at your doorstep, which is another great reason to choose Chicago commercial office space for lease.

Leasing a small office in Chicago or a large portion of a high rise building in the city is a great move, whichever route you choose. The commercial opportunities which go along with leasing office space in Chicago are priceless and will prove to be a good move to make when trying to find an office space lease location which will yield a large client base, ease of access and many options regarding office space types.

Office Space in the Tinley Park and Surrounding Areas

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Tinley Park is an area located close to the city of Chicago but is of such a nature that it maintains a lovely suburban feel.  The Tinley Park area is home to both residential and commercial individuals and includes locales such as Oak Lawn and Palos Heights as well.  Its location is southwest of Chicago and is close to major highways including I-80, I-355, I-57 and I-294.  The area is also located within a short driving distance of Chicago airports.  The location is one of the many reasons why small business owners and corporate business owners choose Tinley Park, Palos Heights and Oak Lawn for their commercial office space leasing needs.

Reasons to Choose Tinley Park and Surrounding Areas for Leasing Office Space

If you are a business owner seeking a commercial office space to lease in the Chicago area, look no further than Tinley Park and surrounding areas.  Tinley Park, Palos Heights and Oak Lawn all provide business owners with a great variety of commercial office space leasing options.  Whether you are searching for a small office space property to lease in Tinley Park or are hoping to lease a large office space property in Palos Heights, all of these options and more are available to you in this region.  The wide array of commercial office space leasing options makes this area one to certainly consider.

There are also plenty of amenities surrounding Tinley Park, Oak Lawn and Palos Heights areas.  Most business owners who lease office space want a location which is not isolated but instead surrounded by plentiful amounts of amenities such as stores, restaurants and things to do after work.  When you lease an office in the Tinley Park area you are settling into an area that has many different retail stores and dining establishments.  You will also find that the area is home to various entertainment spots including the First Midwest Bank Amphitheatre and The Vogt Visual Arts Center.

Office space rental is also a popular choice in this area.  When you open up your store doors or professional office doors in Tinley Park and surrounding areas you may find that your neighbors include businesses such as Panduit, Odyssey Country Club or UGN, Inc.  No matter whether you are a large corporation looking for office space to rent or a small professional company seeking an office building for lease, the Tinley Park area is a perfect choice.

Leasing office space is a big decision for business owners to make.  When choosing an office space for lease in Tinley Park, you want to find a location which has ample parking, large enough office space for the entire company and is located in an area which has plenty of amenities nearby.  This area has so many great commercial leasing options that finding the perfect office space to rent is much easier than one might expect.  It is close to many highways, has plenty of commercial neighbors nearby and draws in clientele in an easy fashion.  No matter what type of office space you seek to rent, Tinley Park and surrounding areas such as Palos Heights and Oak Lawn will have the office space leasing solutions you seek.

How To Find Chicago Office Space With Rofo.com

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Chicago office space for lease is high in demand these days.  Not only is Chicago a great place to work in and of itself but it is also a lucrative location for business owners who want to open up their business doors within the city.  There are many ways to find commercial office space to lease.  One such way is to use Rofo.com.  Rofo.com provides commercial office space tenants with various leasing opportunities and allows site visitors to peruse the options online in a convenient and easy manner.  The following will offer tips on how to use Rofo.com to your advantage and find the best Chicago office space.

Choose a Desired Neighborhood in Chicago

The best way to embark on your search for commercial office space to lease in Chicago by using Rofo.com is to know what area of Chicago you are hoping to find commercial office space within.  If you know which neighborhood you want to narrow in on, such as The Loop or Near North Side, you can simply click on the map on the Chicago main page of Rofo.com and see what office building leases are available in that area.  From that point on, you simply review your options, check out the specifications of the available office space leases and consider the lease prices listed.

Know What Commercial Office Space Amenities Your Company Requires

Another way to find Chicago office space on Rofo.com is to enter in the types of amenities your company is seeking out in an office space rental.  There is an area on Rofo.com where you can put in desired amenities such as type of property rental, square footage and more.  By using these search filters you can narrow down your options to potential lease offerings which suit the needs of your company the best.  You can also dictate how much your company wants to spend on an office space lease as well.

Decide On an Office Space Leasing Budget

Most companies have to keep operations within a set budget.  This is true for leasing and rental payments as well.  When you search for your next office space rental through Rofo.com, it is good to go into the search having an office space leasing budget in mind.  When you have a specific monthly rental payment in mind, you will be quickly directed to those rentals which fit within your company’s leasing budget.

Determine Whether a Furnished Office Space Lease Is What You Need

Some business owners will seek out furnished office space to lease as opposed to unfurnished options.  This provides a business owner with a leased office space that is ready to go and will enable the business owner to open up shop in a quicker fashion.  If you want to find a furnished office space to lease, this is easy to do on Rofo.com.  Rofo.com not only lists unfurnished commercial office space for lease but furnished commercial office space for lease as well.

Rofo.com is your go-to commercial leasing website if you are eager to rent space in Chicago and want to preview your initial options with online convenience.

BOMA Standard for Measuring Office Space

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Before you even think about renting office space, chances are that you want to have the measurements so that you can obtain the proper size office space for your company or corporation.  Therefore, it is essential that you not only have approximate office space measurements but exact office space measurements.  The Building Owners and Managers Association (BOMA) has created the proper standard for measuring office space.

Usable Area for Measurement Purposes

In ascertaining measurements, the usable area is the part of the office which can be occupied.  When determining the usable area of office space one should measure starting at the side of office space and corridors (those with a permanent wall) and move to the partitions centers.  You then take all usable area measurements and add them together to get the total amount of usable area.

Floor Rentable Area for Measurement Purposes

The floor rentable area is the area of the rented premises which the tenant can use.  The measurements for this area are taken from the inner finished surfaces of outer walls, without taking into account corridor walls or structures in the area.  Rentable area and usable area can be converted to one another by using the common area feature in measurements.

Common Area for Measurement Purposes

The common area of a building relates to the areas which are not technically included in the office area but can still be used by office space tenants.  In other words, adding the pro rata common area space to the floor rentable area space will provide the gross rentable area.

Common Area Factor for Measurement Purposes

An important calculation is the common area factor which creates a ratio of the rentable area to usable area of office space.  This loss factor or load factor shows what percentage of the office area can be used as the office space.  The R/U -1 ratio will dictate what part of the office space can be used by the tenant.

Reasons for Measuring Office Space

The calculations for measuring office space may seem a bit confusing at first but when you put the measurements into their proper ratio format, you will see that the resulting measurements are quite easy to come by.  There are a few different reasons why office space tenants would want to calculate the measurements of prospective office space.

First, by doing so, the business owner can determine how much the rental will cost and if it will be worth the money based on the amount of office space being rented.  Secondly, by measuring office space the future commercial office space tenant can ensure that there will be plenty of room to accommodate all employees and carry out the business in an efficient manner by doing so in a proper amount of office space.

Before you lease office space, it is important to determine how much space you will be getting in a particular rental.  By using the BOMA standard for measuring office space, you can ensure that your future rental is the perfect one for your needs.