What to Expect From San Jose Office Space?

When looking for Office Space in San Jose expect a lot of choices in building floor plan layout, tenant improvement allowances, landlord concessions, building support services, co-tenants, major highway access, and building features. The quantity of available sites has been increased by the addition of newly developed unoccupied buildings.

Each office lease offering has a unique building floor plan layout. Rarely are two spaces, even in the same building, identical. A scale drawing describing each offering must be examined to determine if it is suitable for the prospective user and suits his or her particular business operation. The floor plate and bay depth may be a deciding factor for large office users.

Property developers and landlords entice prospective tenants to occupy their vacancy by dangling tenant improvement allowances to pay for alterations required to make the space habitable. Very seldom is a space finished exactly the way the prospect needs it. The allowance provides the out-of-pocket money needed by the tenant to put it in usable condition.

In addition to tenant improvement allowances, other concessions are sometimes offered by the landlord, such as extra signage, free parking, free rent, and other inducements to sway the tenant toward his or her offering.

There is usually an array of support services available for office space users to consider when selecting new locations. Pickup and delivery options vary. Some firms rely on overnight delivery within the state of California, while others make do with the national delivery options. Dining and entertainment close-by, or in the same building, may be important. On-site property management and/or day porters may be a priority to some tenants. Security concerns may necessitate card-key access. Public transportation services may be a deciding factor for some users.

For a variety of reasons, some business owners are very selective about neighbors they will have as co-tenants in or near a prospective site. Competitors in the same building can be a problem for financial institutions. Some businesses are very sensitive about image and may bypass a building with a major tenant that is not complementary to the prospect.

Highway access may be a deciding factor for both customers and employees. Ease of use of those highways is dependent on the ingress and egress to vehicles from the building, especially at rush hour.

Building features, such as ceiling height, glass line, sprinkler systems, high-speed elevators, corner location, high finish common areas, outdoor patios, deferred maintenance, and energy star ratings influence selection of space.

Needless to say, it is a big task to weigh every alternative when selecting office space. Assembling all the information at your fingertips is a formidable challenge. You must assimilate all the data and prioritize each offering based on merit. Then deciding which offering is best for your organization becomes possible.

One approach to selecting the optimum office space choice from the huge inventory is to get assistance from a tenant representative prepared to handle your concerns. Tenant reps are experienced commercial real estate professionals who work on behalf of tenants, rather than working exclusively for landlords. Since the tenant rep splits the lease commission paid by the landlord with the listing agent, the built-in fee is paid by the landlord. You can expect to get a lot of help from a tenant rep while selecting office space in San Jose.

Author Bio: Silicon Valley Land Company Don Kinney is a licensed real estate broker in California with over twenty years of commercial real estate experience. http://www.siliconvalleylandcompany.com/

Category: Business
Keywords: Office Space San Jose, lease negotiation, lease renewal, site search, occupancy costs