Getting the Right Denver Office Space for Your Business

Companies, under the advisement of their exclusive tenant representative, are wise to evaluate the stability of the landlord of a potential new space.

Contact an existing tenant for a reference. It's a simple, common-sense step that could reveal very useful information. Ask both general questions, like how quickly repairs are addressed, and specific, for example, have you had operating expense discrepancies? Hopefully an existing tenant would be happy to share their views while remaining professionally above board.

You can also inquire about the landlord's ownership structure. Is it a professional real estate company in the business of leasing office space or an out-of-town investment group slow to provide approval and feedback on lease issues? Ownership structure can impact everything from initial negotiations to sublease approval. It also correlates directly to the financial stability of the property and the landlord's ability to provide allowances.

Find out about other properties within the landlord's portfolio. Have there been newsworthy items about relationships with other tenants? Are the properties all located within similar environments or geographically diverse?

Other surface level items to consider are security in secluded parts of the building, previous safety issues that have come up and the type of service team in place. The relationships a landlord has also helps you assess their approach to building management.

This is an ideal time to secure a Denver office lease in a high quality office property. Therefore, it's that much more critical to make sure the value you're likely to receive doesn't get offset by the antics of a challenging landlord.