Friday, January 31, 2020

How Many Square Feet of Office Space Should My Business Lease?

How Many Square Feet Office SpaceHow many square feet of office space do you need for your business? When planning on leasing office space there are a number of things one must consider to determine how many square feet to lease. Having an architect do an office space program that is based on how you will use the space is a good idea however you also have to consider the parking ratio a building has.

Office Buildings Have Parking Ratios Businesses Must Adhere To

First of all most buildings have parking ratios that they adhere to so as to avoid over parking. For example Austin Tx office buildings rentals have parking ratios that typically range from 3.3 to 4 per 1000 sf. What that means is that for every 1000 sf you lease you will be allowed 3.3 to 4 parking spaces. This equates to 250 to 300 sf per person. Per most leases if you exceed this amount you will be in default on your lease. Some landlords can be a little more flexible than others with this if they have a lot of extra parking available, if city code allows it, and if it won’t make it difficult for other tenants to find parking spaces. It’s important to find out how strict they will be with this requirement before you sign a lease if you think you will need more parking spaces than the commercial property will allow.

Actual Office Space Square Footage Needed By Most Companies

In reality, office building parking ratios and how much office space companies actually need or use are not in line with one another. Times have changed and a lot of companies are designing their office spaces in a way that makes them more efficient and collaborative. Depending on the office space layout (open vs hard wall) most companies only need 160 to 200 sf per person. Having an open office layout will allow you to use the space more efficiently and squeeze in more people, while obviously the more hard wall offices you have the more space you will need.

 A Few Things To Consider When Reviewing Office Buildings For Lease

  • As you look at office space options it’s important that you find out what the parking ratio’s are and if there is some flexibility in that number if you ended up exceeding that 2 years down the road.
  • If the Landlord will agree to giving you more parking spaces than the building allows make sure you get that in writing on the lease contract.
  •  Hire a good architect or space planner who can help you determine your actual space needs. They will look at a number of factors including but not limited to the number of employees you have, your ideal office configuration (open vs hard walled), number of offices, break rooms and other meeting rooms needed, etc.

How Many Square Feet of Office Space Should My Business Lease? https://t.co/JjVuauk1q9


from Twitter https://twitter.com/AustinTenantAdv

How Many Square Feet of Office Space Should My Business Lease? https://t.co/NJpBWIaWpR


from Twitter https://twitter.com/AustinTenantAdv

How Many Square Feet of Office Space Should My Business Lease?

How Many Square Feet Office SpaceHow many square feet of office space do you need for your business? When planning on leasing office space there are a number of things one must consider to determine how many square feet to lease. Having an architect do an office space program that is based on how you will use the space is a good idea however you also have to consider the parking ratio a building has.

Office Buildings Have Parking Ratios Businesses Must Adhere To

First of all most buildings have parking ratios that they adhere to so as to avoid over parking. For example Austin Tx office buildings rentals have parking ratios that typically range from 3.3 to 4 per 1000 sf. What that means is that for every 1000 sf you lease you will be allowed 3.3 to 4 parking spaces. This equates to 250 to 300 sf per person. Per most leases if you exceed this amount you will be in default on your lease. Some landlords can be a little more flexible than others with this if they have a lot of extra parking available, if city code allows it, and if it won’t make it difficult for other tenants to find parking spaces. It’s important to find out how strict they will be with this requirement before you sign a lease if you think you will need more parking spaces than the commercial property will allow.

Actual Office Space Square Footage Needed By Most Companies

In reality, office building parking ratios and how much office space companies actually need or use are not in line with one another. Times have changed and a lot of companies are designing their office spaces in a way that makes them more efficient and collaborative. Depending on the office space layout (open vs hard wall) most companies only need 160 to 200 sf per person. Having an open office layout will allow you to use the space more efficiently and squeeze in more people, while obviously the more hard wall offices you have the more space you will need.

 A Few Things To Consider When Reviewing Office Buildings For Lease

  • As you look at office space options it’s important that you find out what the parking ratio’s are and if there is some flexibility in that number if you ended up exceeding that 2 years down the road.
  • If the Landlord will agree to giving you more parking spaces than the building allows make sure you get that in writing on the lease contract.
  •  Hire a good architect or space planner who can help you determine your actual space needs. They will look at a number of factors including but not limited to the number of employees you have, your ideal office configuration (open vs hard walled), number of offices, break rooms and other meeting rooms needed, etc.

Tuesday, January 21, 2020

3,667 SF Office Space Sublease For Rent in Northwest Austin https://t.co/kHj4n2Pto2 https://t.co/5TPO1yO7Ab


from Twitter https://twitter.com/AustinTenantAdv

3,667 SF Office Space Sublease For Rent in Northwest Austin

Arboretum Atrium office space Austin txIf you’re company is growing and you need the flexibility of a short term office in Austin then you might want to check out this 3,667 sf office sublease in Northwest Austin located in the Arboretum.

The Northwest Austin office market is very tight and most landlords are pushing tenants to sign 3-5 year leases. This sublease only has 25 months of lease term left so this is perfect for startups and those not ready to commit to long office lease contracts.

This space is move in ready (furniture is available) and all utilities are included in the rate. If you are interested know what other options there are that will enable you to sign leases shorter than 3 years give us a call at 512-861-0525

The building is located in the heart of the Arboretum area that includes shopping, dining, Starbucks and the Renaissance Hotel all within walking distance. There is also a sand volleyball court and a building shower. The building is also 5 minutes away from the Domain and many residential communities and has easy access to Hwy 183, Mopac, and Loop 360.

Details of This Northwest Austin Office Space Sublease

Size: 3,667 Sf

Layout: Reception, 7 offices, conference room, open area for desk, copy/work area, break area

Building Name: Arboretum Atrium is a 3 story professional building with common are lobby and bathrooms

Address: 9737 Great Hills Trail, Suite 150, Austin Tx 78759

Rental Rate: $38 sf gross (this includes electric and janitorial)

Sublease Expiration Date: February 28th, 2022

Furniture Available: Office furniture is available. All of the desks convey with the space and the table and chairs in the conference room. The PC, the phone, the TV and the video conferencing setup, will likely go. In addition, the central cubes and refrigerator stay. Some of the chairs stay, too. We can also talk about PCs, monitors, keyboards, lamps, TV, most of the white boards, and the chairs that were purchased later.

Floor Plan for Suite 150 at 9737 Great Hills Trail Austin Tx

office space floor plan

Contact Us About This Office Space Sublease in Northwest Austin 

For more details about this NW Austin office space sublease call Nathan K Smith at 512-861-0525

If you want to know what other short term offices spaces are available let us know and we can help you find the perfect space at no cost to you.