How To Find Office Space
10 Lessons – 45m 13s
- 1. About The Course
- 2. Develop Project Criteria
- 3. Key Site Drivers
- 4. Market Research
- 5. Touring Space
- 6. Proposals (RFPs)
- 7. Finalist Selection
- 8. Lease Negotiation
- 9. Execute Lease
- 10. In Summary
About This Course - 45s
How to find Office Space
You’re obviously thinking about relocating, or finding your next office space. There are things you need to do before you make the wrong decision that could cost you in the long run.
In this course we will cover parts of the process that get neglected when looking for new office space, including:
About The Presenter
Don Catalano - SIOR, CCIM, MCR
Don Catalano is the President of iOptimize Realty® with over 3 decades of experience in helping corporate tenants save time and money on their Commercial Real Estate (CRE) transactions.
Develop Project Criteria - 4m 16s
Your company’s most important asset is its people. The office space search is about how to create an environment that keeps them comfortable, productive, and safe. The success of your new property will depend on how well it fulfills your company’s culture
So, when looking for office space, it I critical to keep your people’s needs in mind. President of iOptimize Realty®, Don Catalano, fills you in on how to do this while highlighting other key considerations, including:
In this course we will cover parts of the process that get neglected when looking for new office space, including:
Learn how to save yourself months on the backend by properly defining your property criteria.
About The Presenter
Don Catalano - SIOR, CCIM, MCR
Don Catalano is the President of iOptimize Realty® with over 3 decades of experience in helping corporate tenants save time and money on their Commercial Real Estate (CRE) transactions.
Key Site Drivers - 4m 29s
What does the perfect office space look like? Where is it located? What features does it have?
More importantly- how can compare the unique factors of each building, beyond just the price tags?
This is your next step after developing your criteria. Now that you have your needs in place, learn how to properly use them to find your perfect office space in the most efficient manner.
In this video you’ll discover:
About The Presenter
Don Catalano - SIOR, CCIM, MCR
Don Catalano is the President of iOptimize Realty® with over 3 decades of experience in helping corporate tenants save time and money on their Commercial Real Estate (CRE) transactions.
Market Research - 10m 58s
You’re busy. Do you have the time to scour the market yourself only to find 50 landlords you have to personally call? Are you wasting time by looking in the wrong places?
Learn how you can save 30% of your time by doing market research right. This includes:
- How to take the burden of market research off your hands
- Why working with a tenant rep will find you more properties
- Why you shouldn’t believe everything you see with listings
- Where you should be looking to find the right properties
- What are other tenants paying in your area
Cut through the misinformation now by conducting skillful market research.
About The Presenter
Don Catalano - SIOR, CCIM, MCR
Don Catalano is the President of iOptimize Realty® with over 3 decades of experience in helping corporate tenants save time and money on their Commercial Real Estate (CRE) transactions.
Touring Space - 3m 44s
At this point, you’ve done the heavy listing. Now your dream property is almost within sight.
You’ve done your due diligence and likely culled the list down to 6, maybe 8 sites. So, let the touring begin. Virtual tours are helpful, but you’ll only see what the landlord wants to show you. You need to take it a step further. Real Estate is a huge investment and it’s always best to physically tour the space in-person.
In this section you’ll learn:
About The Presenter
Don Catalano - SIOR, CCIM, MCR
Don Catalano is the President of iOptimize Realty® with over 3 decades of experience in helping corporate tenants save time and money on their Commercial Real Estate (CRE) transactions.
Proposals (RFPs) - 5m 26s
You’ve liked what you’ve seen in the touring phase and you’re getting ready to make a deal.
After touring space, you’ll pursue the surviving sites further by sending out requests for proposals (RFP). Having a detailed RFP is essential to finding the optimal space for the best terms. Because at the end of the day, the landlord’s broker wants to present the rosiest picture possible.
In this section, we’ll go in depth about RFPs, the insights they can provide and the importance of having this in writing later in the process.
About The Presenter
Don Catalano - SIOR, CCIM, MCR
Don Catalano is the President of iOptimize Realty® with over 3 decades of experience in helping corporate tenants save time and money on their Commercial Real Estate (CRE) transactions.
Finalist Selection - 4m 10s
You got a closer look at each site with the RFPs. Now its time to cut that list of sites down again and negotiate the proposals.
Real estate is a non-homogeneous project. It’s a non-homogeneous product. Each building is different, so fitting your needs within each building is going to be different as will the cost and timeline of renovating each space. Use these differences to your advantage.
In this section, you’ll learn about the process of negotiating proposals and how long the process should take.
About The Presenter
Don Catalano - SIOR, CCIM, MCR
Don Catalano is the President of iOptimize Realty® with over 3 decades of experience in helping corporate tenants save time and money on their Commercial Real Estate (CRE) transactions.
Lease Negotiation - 4m 33s
The stakeholders have decided on one building. It is now time for a draft lease.
The draft lease is written by sophisticated landlord attorneys to represent their interest, not your interest. So, you can assume that there’s going to be a heavy negotiation (on lease terms alone).
And once again, experience matters. You can’t just rely on your attorney. In this section, we’ll discuss the process of negotiating the office lease and why working with a tenant rep will save you millions.
About The Presenter
Don Catalano - SIOR, CCIM, MCR
Don Catalano is the President of iOptimize Realty® with over 3 decades of experience in helping corporate tenants save time and money on their Commercial Real Estate (CRE) transactions.
Execute Lease - 4m 37s
Well, okay, we got a lease, right? Piece of cake. Well, almost.
You’re likely looking at another three months or so before moving in. The architects are going to meet with your team. You’ll have to buildout your property and collaborate with many vendors before the property can become home. In this section, you’ll learn about all the essential steps needed to outfit and properly move into your new office space.
About The Presenter
Don Catalano - SIOR, CCIM, MCR
Don Catalano is the President of iOptimize Realty® with over 3 decades of experience in helping corporate tenants save time and money on their Commercial Real Estate (CRE) transactions.
In Summary - 2m 15s
You’ve completed the “How to Find Office Space” online course! iOptimize Realty® President Don Catalano recaps what was learned and offers further assistance in your search to find the right office space for your company.
About The Presenter
Don Catalano - SIOR, CCIM, MCR
Don Catalano is the President of iOptimize Realty® with over 3 decades of experience in helping corporate tenants save time and money on their Commercial Real Estate (CRE) transactions.