Search Criteria For Commercial Real Estate In A Metropolis

Search Criteria For Commercial Real Estate In A Metropolis
Search Criteria For Commercial Real Estate In A Metropolis

Video: Search Criteria For Commercial Real Estate In A Metropolis

Video: Search Criteria For Commercial Real Estate In A Metropolis
Video: Commercial Real Estate Due Diligence Explained 2024, April
Anonim

Renting office space in business centers is a separate segment of the real estate market. Along with warehouse, retail, universal areas, it forms the commercial real estate sector. You need to choose a suitable area taking into account certain rules. Therefore, if you are interested in renting an office in St. Petersburg in a business complex, we recommend that you read this material.

Pay attention to costs first. This is not the only one, but the key point. When analyzing offers, remember that costs can be indicated as a rental rate per square meter or as a rental price for the entire property. In this case, calculations, as a rule, are carried out for a period equal to one month or one year. It is possible that within the same building the price per square meter of premises with a larger area may be lower.

Secondly, it is important to determine in advance where the business center is located. If this is a central area of the city, the rental rate can be significantly higher. Determine how important this location is for the office and whether it will affect the number of leads, conversion of visitors to buyers, the company's image and the comfort of employees.

Thirdly, it is important that business centers differ in class - A, B, and so on. This means that there will be different levels of furnishings and finishes, infrastructure, building management quality and a number of other parameters. Thus, a business complex may have the maximum necessary for comfort or be poorly adapted. In addition, the buildings have different layouts. Therefore, office premises are of several types: office, corridor-office or open space, which is popular today, which is also called "open space". It is also possible that there are areas of a mixed type.

Fourth, pay attention to the infrastructure of the office building and the surrounding area. It is advisable that where you plan to rent office space, there is a parking lot, a minimum set of shops, a pharmacy, a public transport stop or a metro station. The office itself must be guarded, which will prevent unauthorized persons from entering your premises.

All of the above, one way or another, affects why commercial real estate of the same area may differ in rental value several times. Therefore, if you want to rent an office and protect yourself from forced relocations in the foreseeable future, we advise you to cooperate with well-established owners and landlords.

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