Today’s office space for lease is becoming increasingly competitive. Tenants are looking for a space that’s more than four walls and some carpet, they want something that provides an experience. In fact, office space is being viewed by more and more companies as a way to recruit and retain employees. As you are looking for office spaces to invest in, consider these four most wanted features.
1. Prime Location
Ever heard the saying, “location, location, location”? Employees want to be able to do everything within a few blocks of where they work. This is a good opportunity for property owners and managers to come up with creative uses for the space. Perhaps you could rent your bottom floor to a coffee shop and leave the upper floors for office space. You negate the cost of the building and provide your office tenants with a desired amenity.
The best thing a property owner can do for their office space is to make it unique and the amenities plentiful, differentiating themselves from the competition. These amenities can include everything from rooftop decks and fitness gyms, to food truck parks and outdoor courts for employees to enjoy. Some companies, like Google, offer on-site oil changes and haircuts. With the personalities of the upcoming generation, the possibilities are endless.
3. Open and Collaborative Spaces
You may not have noticed, but the evolution of the workplace has decreased the square footage of office space per employee during the past decade. Tenants are looking for spaces where they can install hot desks or temporary work stations, and are letting employees work remotely or from home. This helps tenants reduce overall office costs.
4. Wow Factor Design
We’ve all seen the movies where the ad agency was housed in a space that featured exposed beams and original brickwork. Try to make that creative, interesting office space a reality.
The Features of Your Office Space for Lease Matter
The right features in your office space can have a significant impact on your ROI. If your tenant loves the space, and their customers and employees love being there, they’re likely to stick around.