We’ve spent the last 2-3 months actively looking for new office space. We’ve finally found a new place and signed a lease. I don’t want to move, but we’re forced to due to growth and they’re going to tear our building down in ’08 to put up some condos (too bad!).
A few observations and thoughts:
We decided to get a big place and share it with two other companies. The fact that this actually worked out is amazing.
Sharing office space is a really good idea because you can share resources. It gets tricky at times though because you have to sort little problems multiple times.
The more people you have the bigger your common space can be. In our case, we will have a lobby, a kitchen, share restroom and conference room. On top of that, we have enough leftover space for a pool table (soon to be acquired).
Picking paint colors is tricky. I never want to do it again.
If anything bad happens to the office (flood, fire, etc.) we have to sort it out with 3 insurance companies. I don’t want to be there if that happens.
We probably looked at 15 office spaces.
If you’re like most web design / development shops I know, you tend to put multiple people in a small office. At least two. Well, parking is a nightmare in 90% of the places you will look at. We finally found one that has tons of parking.
I cannot believe how difficult it is to find office spaces that are available. With all of this great technology available to us, why don’t any brokers take video and post it online? It’s easy to decide if a place is even worth looking at with just a short video.
Craigslist is a very good place to search for properties. In the end though, just calling the number on signs in front of properties pays off.
If you’re looking for anything over 500 sq ft, I suggest hiring a real estate expert. We did and it paid off.
Most landlords are willing to negotiate.
A lot of landlords are very cheap.
If you’re looking at office space for multiple decision makers, I suggest taking video everywhere so you can all discuss a property later on.