Know what you need in commercial real estate property before you start looking.
There are important questions to ask and answer to accurately define your requirements for commercial real estate in Tucson and elsewhere.
Committing your requirements to paper before you visit properties will
- save you time
- avoid starting in the wrong direction
- make sure nothing is overlooked.
Here are just some of the questions that we at Commercial Real Estate Group of Tucson ask our clients to move them from a rough idea of their needs to a clearly defined objective. These work whether you’re looking for office space, retail space, industrial space or a warehouse.
What area are you most interested in?
Is a view important?
What is the lowest floor your company would be willing to locate on?
How many people will work at this location?
What is your annual budget?
What length of lease do you prefer?
What are your parking and transportation needs?
What do you require in the number and sizes of
- private offices
- other offices
- open workstations
- conference rooms
- storage/supply rooms
- filing cabinets
As a rule of thumb, office users should plan on between 150 and 250 square feet per person. Remember to include in your calculations any anticipate personnel growth during the length of the potential lease.
How large of a reception area do you want or need?
Do you have any special electrical needs?
Do you have special heating, ventilating and air conditioning needs?
What provisions do you need to make to comply with the Americans with Disabilities Act?
These are questions that the owner, landlord or their broker may ask you while you’re touring potential locations to lease.
Think about what information you are prepared to reveal and what you will want to hold back. Important information given too quickly before negotiations start can compromise your bargaining power, especially if time is short.
Some questions you may be asked:
When does your current lease expire?
What is your budget?
What else have you seen?
Why do you have to move?
Do you have any other options?
Are you working with a broker?
Commercial Real Estate Group of Tucson knows all the questions to ask to give you a complete picture of your requirements. Contact the tenant representation company to learn more.
Commercial Real Estate Group of Tucson specializes in representing tenants and corporate users across the United States, Latin America, Europe and Asia as a member of ITRA. For more information call 520-299-3400.