So you’re looking for an office space for rent, but do you know how much space you need? Determining the amount of office space you need can be a challenge and there is a fine line. Rent too much office space and it could cost you money. Rent too little and it could cost you even more. Where do you start? Thankfully, there are several rules of thumb when if comes office space for rent and finding the appropriate size.
It’s important to keep in mind that once you and your company decides on a place, the landlord will expect you to sign a multiple-year lease term. So picking the right office space for rent will take some time and may require consultation. At the Menlo Group, we have many years in locating, drafting contracts and helping organizations with the space they need. In the meantime, here are some of our recommendations.
- Decide on layout and functionality
Figuring out how a office space will best serve the needs of your organization will help you decide what layout is more functional. Are you a small startup that only requires an open concept? Do you work remotely and only need office space for meetings with clients? These are some good questions to start with. When it comes down to it, there are a variety of options to help fit your office space for rent needs.
- Where will your employees work?
How many employees need offices? How many employees need cubicles? You’d be surprised how often companies forget to factor the most important thing in office space – determining where employees will work! An office map similar to a blueprint will help alleviate this problem. Not sure how to construct one of those? Don’t worry, we can help draft office blueprints too.
- Future growth
Do you have expansion plans for the future? More often than not, it is best to plan for growth and than to plan for downsizing. This information can be hard to calculate and estimate, but it is recommended to add 10 percent to 20 percent to the total square footage that you calculated to accommodate future growth. It is more cost-effective to add the footage now than pay to break a lease and start over somewhere else.
Finding office space for rent can be both exciting and overwhelming. But at the Menlo Group, we work with you to make the search a positive process. We work fast and will help you with the appropriate accommodations. Whether it’s location, desired layout or mapping out your office, we’ve got you covered. Contact us today. We can help you find the right fit.