Corporate Office Space

Tenant Representation or Personal Shopper?

Tenant Representation is like being a personal shopper for a very large and complicated purchase; an industry term is Transaction Manager for the Tenant. The women of C.R.E.W., Commercial Real Estate Women, might agree this is one reason women make great commercial real estate brokers. Women know what they want, how to find it and are excellent negotiators. Peggy Gallagher, owner of PG Commercial Real Estate and a woman real estate professional weighs in on the benefits of Tenant Representation and the value it has to a Business. What makes an office space purchase, or lease, a complicated purchase? For starters the multiple layers from identifying the properties, to financing, to space layout, to taxes and orchestrating the move itself. Knowledge of the language in contracts and the business terms associated with it Distinguishing factors and expectations of different property classes: A, B etc Setting expectations and help to compare [...]

Considering Office Space in Montgomery County?

Is your business considering new office space in Montgomery County, PA? If you have not does so already there are a few things you can do before you start hunting for properties. First things first. Assess and summarize your current use of office space. Here are a few topics and ideas you may want to consider when choosing to look for new office space. This will help guide you to what you might need or want to look for that you may not have already considered. CURRENT SPACE USE Start with a basic list of PROS and CONS of your current office space. What do you like? What do you not like? How is the office layout? Where are the problem areas? Is the office layout conducive to the work environment and individual or team dynamics? COMPANY GROWTH Do you plan to expand or downsize your staffing needs over the [...]