Finding the right commercial property to buy or lease in the Boston Metro involves many considerations, including an analysis of your business needs. Our prior blog post detailed practical steps for finding Boston Metro office space, and we’re adding 3 ideas to help you think out-of-the-box!
1. Consider alternate locations in the Boston Metro. Small businesses can often find savings in nearby communities. Weymouth and Braintree each have some very nice office buildings for lease. There are also several commercial buildings for sale in Boston Metro South that are worth a look!
2. Stay small – within reason. While it’s wise to allow some room to grow, don’t go overboard and lease more space than you’ll need for years. This doesn’t mean your office space needs to be cramped and noisy; but you should strategize your floor plan to make the best use of your space.
For example, upgrading your office with new acoustic tile can help reduce noise. Designating a conference room as a flexible space for client meetings can reduce the need for private offices. Think about how your employees spend their workday, and how frequently you have clients at the office.
3. Keep your current space, and add a second business location. If your business is humming along in your current location, adding a second location might be the best way to avoid business disruption while you expand your operations. This strategy allows you to customize your new site to a specific business need, rather than making it an all-in-one solution.
For example, if you have a call center team that is expanding, adding a second call center unit in a different location could be more cost-effective than moving your entire business. A second call center location could also help mitigate staffing disruptions that come with bad weather, power outages, and traffic issues and so on.
Medical and professional offices can use multiple-location strategies to reach new clients. Depending on the type of business you have, and your degree of client interaction, multiple locations could provide a competitive advantage.
Ready to begin, expand or relocate your Boston Metro business? Team up with an experienced commercial real estate broker at Jay Nuss Realty Group, LLC! We provide professional tenant representation to help you find the ideal property. Whether you are buying or leasing Boston Metro commercial real estate, we can help! Please contact us today for expert guidance!