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.

Understanding The Cost Of An Office Space Build-Out

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When searching for a commercial building or office space to lease, you may not find exactly what you had in mind when you started off. With that said, there are ways to take commercial office buildings and turn them into what you had envisioned in the first place, with the landlord’s permission, of course. This can occur in the form of an office build-out. An office build-out entails taking a current commercial establishment and tailoring it to suit the needs of your company. The following will help you to understand more about the office build-out and calculate how much such an adjustment will cost.

Why Office Tenants Need an Office Build-Out

One might think that when you lease an office space that you take the office space as is and are not able to alter the space in any way. This is often not the case. Many commercial tenants lease office space on the condition that certain alterations are made to the premises prior to or while they are leasing the space. These tenants often need something known as a build-out, where the office space is expanded upon and altered to suit their needs. This may be so that it can suit their specific industry needs or because it simply needs to be larger or sectioned differently.

How Much an Office Build-Out Costs

An office build-out will vary in cost but there are general estimates which are common with today’s commercial office space construction. For example, if you are interested in leasing office space and need a partial build-out for something such as paint and carpet, the current rate for both of these updates is approximately $8.00/sf. On the other hand, if you require a full build-out, the price per square foot will be in the general vicinity of $30-$40/sf.

Who Pays For the Office Build-Out?

Many times the landlord will pay for the build-out costs. This is especially the case when the lease term is for three years or more. For those instances when the landlord will allow the build-out to occur but refuses to pay for the costs, the tenant may pay for the costs on their own or ask that the rent rate be reduced for a certain amount. These build-out costs and requests for such alterations are often done during the negotiation stages of the office space lease process. One way to ensure that your bargaining power is the best that it can be is to have a tenant representative alongside of you when you meet with your landlord to discuss the build-out options available to you and see if the landlord will contribute to these endeavors.

An office build-out provides commercial office space tenants with a beneficial way to get the office space they want with the amenities and space they desire. Many landlords in the commercial arena are open to build-out negotiations and know that it is a good way to draw tenants in and have them lease their premises as opposed to going elsewhere. If you are looking to acquire an office space lease with build-out potential, bring along a tenant representative to ensure that the negotiations go as well as they should.

Niles Office Space

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Overview

Located north of Chicago, Niles, Illinois offers residents, employers and business employees access to many wonderful things both within and outside of the village limits.  With a population of 29,803 in the 2010 census, one can see that Niles is quite the popular place to live.  With a slogan of “Where People Count”, one can easily establish that the people of Niles are quite appreciated around town.

Business Atmosphere

There are many reasons why the business atmosphere of Niles is a beneficial one.  The location is ideal for business owners who want to open up shop in Niles.  As it is located close to Chicago yet beyond the reach of the hustle and bustle of the big city, business owners find that the proximity to the city yet still being out of the reach thereof works well in their favor.  Public transportation options are readily available in Niles.  Those who live and work there have access to the Metra, Pace bus line and taxis as well.  There are also office lease options for all sizes of companies and corporations to take advantage of in Niles.

Other Businesses in Niles

When you lease office space in Niles, you may find that your commercial business neighbors come in many varieties.  Some of the other businesses in Niles include W.W. Grainger, Shure, Bradford Exchange, MPC Products and Coca-Cola Bottling Company, to name a few.  You will also have plenty of service providers such as restaurants, retail shops, medical offices, attorneys and other business professionals as your new neighbors in Niles.

About the Residents

In 2000, there were 12,002 households throughout Niles.  54% of those households had married couples living in the home and 21.9% of the 12,002 households had children within them.  The median household income was $48,627 and the median family income was $58,215.

Things to Do

Whether you live in Niles or work in this area, you will find there are many great things to do.  Those who like the outdoors can go golfing at the Tam O’Shanter Golf Course, have fun outdoors at one of the many parks within the Niles Park District or visit the Leaning Tower of Niles.  Indoor activities include a trip to the Niles Historical Museum or going bowling at Brunswick Zone-Niles.

Dining and Shopping Options in Niles

Shoppers young and old will have a great time at the many shopping venues throughout Niles.  You can shop around at the Oak Mill Mall or visit one of the many boutique shops throughout town.  For those who love to eat out, you will never be without a great place to eat in Niles.  You will find some excellent Italian cuisine at Riggio’s Restaurant or if you care for a different type of cuisine you can try Los Comales Mexican Restaurant or Panera Bread for a bite to eat.

Tenant Advisors, Inc.:  Helping You Find Niles Office Space

Niles offers many wonderful commercial office space leasing options to business owners of all varieties.  Whether you have a large corporation or are a solo practitioner, there is sure to be the perfect office space for lease in Niles.  If you are seeking out leasing options in Niles, Tenant Advisors, Inc. can help.  Our tenant representation firm will help you to search for the ideal location as well as get you through the leasing portion of the process.  We represent tenants only and never the office space landlords in order to provide you with the best representation possible.  Best of all, our service is FREE for business tenants to use!

Commercial leasing procedures can oftentimes be difficult to understand but when you have Tenant Advisors, Inc. on your side the entire process is much easier overall.  Fill out our contact form on this page and allow us to guide you in your search for that perfect piece of commercial real estate to lease for your company.  Our real estate professionals will get back to you promptly and allow you to get started with the office space lease search.

Waukegan Office Space

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Overview

Waukegan, Illinois presents plenty of opportunities for residents, business employers and business employees alike.  As it is the ninth largest populated city in Illinois, one would not be surprised to find that there are plenty of residential dwellings and office buildings to lease or purchase within the city.  Waukegan offers a lakeside setting and a city atmosphere all in one.  It is also in driving distance from Chicago and there are plenty of public transportation options throughout Waukegan.

Business Atmosphere

Business owners flock to Waukegan for a few different reasons.  First, the size of the city presents many opportunities for business owners such as a larger clientele base and readily available office space for lease or purchase.  Secondly, there are plenty of public transportation options throughout the city which allows employees and customers to reach the businesses with ease.  Also, the location of Waukegan is appealing as it is close to Lake Michigan and only about 40 miles from Chicago.  Those who drive to and from Waukegan will find easy interstate access and a reasonable commute.

Other Businesses in Waukegan

When you lease office space in Waukegan you will be in good company with a wide variety of other business establishments.  Some of the larger employers throughout town include Lake County, Cardinal Health, Vista Health System, Waukegan Community Unit School District 60, Uline, Coleman Cable and WMS Industries, to name a few.  Individual service providers in addition to smaller companies and corporations also fill the Waukegan business district.

About the Residents

As state above, Waukegan is one of the larger cities in Illinois.  At the time of the 2000 census there were 87,901 residents living within Waukegan.  In 2010, the number increased to 89,078.  In 2000, there were 27,787 households in the city and within that amount there were a little more than 40% of the households with children within them and 49.5% of the total number of households had married couples within them.  The median household income was $42,335 and the median family income was $47,341.

Things to Do

Waukegan offers so many great recreational activities to its residents, employers and employees throughout the city.  The Waukegan Park District contains 46 parks and each has its own unique characteristics.  From playgrounds to hiking/biking trails and everything in between there are plenty of things to do at the Waukegan parks.  There are also recreation centers and fitness centers for individuals to enjoy.  For golfers, a day at the Bonnie Brook Golf Course or Greenshire Golf Course is sure to please.  If cultural events and live music are what you crave, the Genesee Theatre is a popular spot.

Dining and Shopping Options in Waukegan

Waukegan offers big city dining and shopping options for all to enjoy.  For those who love a variety of cuisines, you will be ecstatic to know that Waukegan offers this amenity to you.  Head over to Chipotle for a casual lunch and then have a fine dining experience at Campari Ristorante.  There is so much in the way of excellent dining establishments throughout Waukegan.  There are also plenty of options when it comes to shopping in Waukegan.  Gurnee Mills is one of the largest outlet malls in the Midwest and with over 200 stores to choose from you are bound to leave the shopping venue with plenty of bags.  For the outdoorsy type, a trip to Bass Pro Shops is a must.  In addition, there are plenty of individual stores, retail shops and boutiques which line the streets of Waukegan and offer plentiful shopping options to all.

Tenant Advisors, Inc.:  Helping Company Owners Find the Perfect Office Space Lease

Waukegan offers business tenants plenty of leasing options throughout this big city.  If you are in the market for a business office lease, Tenant Advisors, Inc. can help.  We are a tenant representation firm comprised of seasoned real estate professionals.  Our services range anywhere from helping you locate leasing options to securing that final lease, and everywhere in between.  We know that you want to obtain the best office space lease at the best price and we will help you in your search for that and so much more.

Plus, our services are free for business owner tenants to use.  We will help you in the quest for the perfect office space lease.  You should also know that we only represent tenants and never landlords.  By doing so, we can pledge our loyalty to our tenant customers and you will have peace of mind knowing that we are doing so.

Now is a great time to lease office space in Waukegan and Tenant Advisors, Inc. is ready, willing and able to help in the search.  Fill out our contact form and you will hear from us shortly!