Mistake Number 9 – Underestimating the preexisting condition of the premises or office suite, of the Top 10 Mistakes Companies Make, is an easy one for a company to make when searching for office space.  Most individuals, understandably, don’t know the cost associated with their office space build-out.  Why would they?  Companies usually only deal with their office space every 3 to 5 years, and move into new office space even less.  I do believe that most individuals understand the basic principals of the interior build-out of office space.  It is less expensive to demo a wall then to build a wall.  If I can find an office suite that lies out close to what I am looking for, then I can save money.  Etc…  However, here is a list of items that most individuals fail to realize goes along with their potential office space build-out:

• - Data & Cabling – Is the potential office space currently wired?  If so, can it be reused?  If it can’t be reused, who pays to have the wiring removed?  If the space isn’t wired, how much will it cost to wire it?
• - Power - Is there enough power coming into the office space to run my business?  If you are planning to put cubes into the office space, is there existing power available to plug the cubes in?
• - HVAC - Does the office space have a data/server room?  If so, does it have a separate HVAC unit to cool the room?  If not, does it need one?  If the room does need a separate HVAC unit, who pays for it?
• - ADA Codes – Is the office space up-to-date on all of the ADA codes?  If not, is it going to have to be update?  If so, who pays for it?

Make sure to watch out for the above list, and you’ll be able to avoid unforeseen costs associated with your new office space.

Tags: Office Leasing Tips