Top Ten Things to Consider Before
Leasing Commercial Real Estate

10.  

Allow enough time to make decisions and allow the process to
be completed.

9.  

Identify your goals for the move up-front.

8.  

Survey your employees as to where they live and want to be located.

7.  

Establish a budget.

6.  

Budget money for moving costs including phone and data lines.

5.  

Utilize professionals such as a Broker, Architect, Attorney,
Certified Public Accountant (CPA), furniture, phone, data,
and moving vendors.

4.  

Establish a schedule for changing phones, data, and stationary (including moving notices).

3.  

Use the opportunity to evaluate current insurance programs such
as Business Risk, Business Interruption, and obtain a Certificate
of Insurance prior to the move date.

2.  

Understand your cost of occupancy per employee/RSF
(rentable square feet).

1.  

Negotiate the lease carefully to prevent unseen costs such as operating expense pass-throughs, holdover rent, assignment fees, and failing to get favorable lease language such as renewal and expansion clauses.