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by Steve Wojton
Today's
commercial office space industry is more competitive than ever.
Tenants have more options as the number of new office buildings in
the area is growing at a steady pace and existing properties sit
empty. If you are a building owner or property manager, you know
that tenants have more choices than ever and are looking for the
latest & greatest in their office spaces.
New innovations & rapid changes in technology require rapid changes
in infrastructure as well. Tenants are looking for the flexible
space which enables them to communicate, function and organize in
ways they never thought of just a year (or less) ago. Therefore, as
a property owner or manager, one must always carefully evaluate what
improvements are solid investments to make the space more appealing
and marketable. Foregoing this could mean that a landlord making
improvements to a property at the request of a tenant prior to lease
inception could actually cost money.
Consider that the U.S. commercial real estate owners market spends
about $30,000,000,000 each year at the outset of new leases for
tenant improvements. If these improvements are not technologically
flexible, the owner may find themselves at the end of a lease
spending even more money on improvements, renegotiating (lowering)
lease rates or losing tenants because they want a more flexible
workspaces. There are many wonderful resources on today's
information highway on flexible workspaces.
Steve Wojton is a Commercial Building Consultant working in the West
Michigan Market helping people understand mechanical systems and how
you can put these systems to work for you to help increase
productivity & reduce operational costs.
If you would like more information on flexible office spaces, I
would be happy to assist. Just send me an email with your
information!
Article Source:
http://EzineArticles.com/?expert=Steve_Wojton
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2775 West Dickman Road, Battle Creek, Michigan 49037