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Leasing Office Space and The Benefits of a Built to Suit Office Lease

Author: Will Smith
by Will Smith
Posted: Jul 07, 2017

As a business owner looking to lease an office, you typically have two main options: lease an already existing location that is ready to go or obtain a built to suit office space lease. Some business owners decide that leasing an already existing office is their best bet as it is all ready to be leased and may be more cost efficient as opposed to the alternative. However, other business owners like the idea of a built to suit office lease. Here are some benefits of choosing this leasing avenue:

Get the Office Space Which Suits Your Commercial Business Needs

The best thing about a built to suit office lease is that you will be gaining a location which is built to suit your individual commercial business needs. No longer will you have to accept a space which might work but not be the best that it can be. With an office lease which is built to suit, the developer will build out the space for you and then lease the premises to you. Throughout the process, the developer will ask for your input and ensure that the finished product is what you envisioned all along. Keep in mind that the lease term for a built to suit lease will be longer than a regular office lease.

Lease an Office Which Is Often Environmentally Friendly

Another excellent benefit to the built to suit office lease is that many times these spaces are environmentally friendly. Because the developer may receive certain financial incentives for making their new building energy-efficient, they are more likely to do so which will benefit you in the long run. This means that utility costs will be more favorable and much of the components within the space will be technologically advanced as well. The end result is a space which is environmentally friendly and cost-efficient.

Cut Renovation/Addition Costs One Might Incur with an Existing Office Space

It is not very often where a leased space has everything which the tenant desires. That is, unless it is built to suit. A built to suit office lease will help you to cut any renovation and addition costs which you might incur as a result of your ready to lease office space not having everything you want and need for commercial space. Although you may pay more to lease a built to suit space, you will ultimately save money in the end by not having to fund renovations or additions to the premises.

Built to suit office leases are the perfect answer for business owners who know exactly what they want in their office space, cannot find what they need in already constructed office space and are looking for a location which is up to date with regard to fixtures and overall construction. You will find that more developers are getting involved with built to suit office leases and there is quite a lot out there when it comes to builders who wish to enter into this type of arrangement with business tenants. If you are searching for a specific office space and want to lease as opposed to buy an office, perusing your built to suit office lease options is a wise choice.

Steve Cooper, Expert Author and Partner at Office Spot, represents the interests of medical/office space tenants in the search and negotiations for office space. For help with Toledo office space for lease or Toledo Office Space For Rent, please go to http://www.officespot.us.

About the Author

Steven, Expert Author and Partner at Office Spot represents the interests of medical/office space tenants in the search and negotiations for office space.

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Author: Will Smith

Will Smith

Member since: Jun 14, 2017
Published articles: 12

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