If you are in the market for office space then you have probably been exhausting the traditional search methods. These include searching online, physically driving around your market and (the best way to find office space) hiring a professional commercial real estate broker.
While the above methods are, in our opinion, going to be your most successful route to finding office space…they aren’t the only way. Depending on if you have very particular space needs, are looking in a market with little to no inventory, or have a super tight budget, you are going to need to explore alternative avenues.
So, for all of you out there who’ve been searching for office space and have come up empty handed, we have some out-of-the-box tips! Below find 7 untraditional ways to help you find the office space that fits your needs. Happy hunting, and if you find that you are still reaching a dead end, see our current office space inventory.
While co-working space doesn’t fit everyone’s office space need, it has become an increasingly popular option for many small and niche businesses due to it’s flexibility and affordability. Some local Baton Rouge co-working options are Regus, Creative Bloc and The Parlor.
So maybe you found office space that is THIS close to being perfect, but it’s a little more space than you need, and not within your budget. Well, contracting with another business to share the space would solve your problem!
If you are still in growth mode and aren’t sure you can commit to a 5 year lease, try seeking out sub-leasing. This option will offer you the office space you need/want at shorter terms, often times being month to month and up to a year.
A property manager typically has around 5 to 10 properties that they actively manage, in addition to the countless others managed by their company. They will be a good resource for office space availabilities that may not even be on market yet. Even better, if they are your property manager they may cut you a deal for continuing to rent with their company.
Here’s an out of the box tip, if you can’t find what you need in one office space, why not consider two? This option would work well for businesses with multiple divisions that operate independently.
This may seem like an obvious tip, but if you actively seeking office space, let everyone know about it! This includes using your social media profiles, talking abou tit with friends, family and colleagues and even including it on your email signature. You never know who that information will reach, and they could be sitting on yoru perfect office!
Do you know of area companies that are similar to yours in that you both need the same type of office space? Then why not set up a news alert for that company? By doing this you will get information when someone moves, letting you know that their former office space can now be your current one.
We get it, sometimes it’s really hard to find what you are looking for. Good thing if you hire a licensed commercial real estate broker for help you get access to all of their paid listing subscriptions. If you want to see a real, encompassing, we know all the listings you haven’t even thought of, snapshot of the office space in your market, give us a shout. We would love to help you out.
About Us – The team at SVN | Graham, Langlois & Legendre has over 99-years of combined experience helping clients across the Baton Rouge market get the most value out of their CRE investment. Contact one of our dedicated CRE professionals today with any questions you may have and start seeing the returns in a market that will make sure to give today, tomorrow and for the extended future. To reach us, you can call us at 225.367.1515 or you can send us a message on our website. You can also follow us on Twitter at @svngll or on Facebook.