Questions to Ask Before Leasing: 9/10
Over the next few weeks, we will be adding to our series of helpful tips for businesses starting to look into leasing. This post is the ninth of 10 on the essential questions you should ask before signing an office lease.
This Week’s Question: What types of Tenants are currently in the building?
Business becomes easier when those around you help, rather than hurt you. Synergy is becoming an increasingly prominent buzzword. Synergy is the interaction or cooperation of two or more organizations, substances, or other agents to produce a combined effect greater than the sum of their separate effects. In short, synergy is combining two businesses to maximize efficiency.
How can we make our businesses as effective and efficient as possible? Location.
One of the key pitfalls tenants typically fall in when looking for an office space are their neighboring tenants. Before you sign the lease, it is incredibly important that you know who is in your building. If possible, choose a building that has businesses that complement your own. Synergy is especially important in a medical building.
By choosing a building with synergy, you choose a location that increases your chances at success. Foot traffic to successful businesses and increased credibility are just a few of the benefits you receive when you choose a synergistic space filled with successful businesses. Through synergy, your business has the highest chance of success.
Stay tuned for next week’s feature on the importance of knowing how long the average tenant of your prospective building stays!