A recent analysis by a financial publication identified Philadelphia as one of the top rising cities in the United States for startup businesses. The town boasts a favorable geographic location, top universities, and more affordable costs of doing business compared to New York City and similar places.
If you’re one of the many entrepreneurs who intend to capitalize on what this thriving city has to offer, your first order of business should be finding a suitable office space for rent in Philadelphia. Note that Philly has more than a hundred square feet of office space that expands to other districts. This fact alone can make the search tedious and challenging.
Instead of exploring the city yourself, you should rely on office tenant representation brokers for the following reasons:
You may know the ins and outs of your business, but when it comes to identifying the most suitable location for your venture to thrive, the advice of a local broker is invaluable. For one, the rep will guide you through a much-needed analysis. Apart from helping you learn if your vision matches your requirements, this exercise will also aid you in identifying the elements that you need in an office space for rent in Philadelphia.
Second, a professional tenant rep can assist you in determining the right location for your company. Note that the office space market in The City of Brotherly Love is enormous, which means researching the pros and cons of each area can be overwhelming.
You can narrow down your search with the help of a local tenant rep specialist since he or she can provide you with more accurate descriptions of the areas that you’re eyeing. More importantly, you can be sure that an office tenant rep will always work to protect your interest, unlike a landlord agent who labors to satisfy the lessor.
Knowledge and Network
Even if you spend a lot of time researching the commercial space market in Philly, it would be impossible to learn all the information that you need. Hiring a broker, on the other hand, will give you access to an expert’s wealth of knowledge and vast network.
Tenant reps can find rental spaces in prime locations that are not yet on the market. They also have professional relationships with various players in the industry that allows them to find the best selection of workspaces for your company.
Navigating the office space market in the city is time-consuming and stressful. You can lose sleep trying to get the best deal but still end up with a loss. Most of your time and energy will also be spent talking with landlords instead of working to achieve your business goals. Why go through the trouble when you cannot guarantee a favorable result?
A tenant broker can ease your burden so that you can focus more on your venture. Hiring one means you will have an expert in the real estate field, dedicating his or her complete attention to find what you need. From identifying your needs to closing the deal, a tenant rep will do all the tedious work for you.
Finding the ideal office space in Philadelphia for a startup venture like yours is of vital importance. More than just rooms to house your employees and equipment, your workspace will help shape your company culture, build your identity, and foster employee engagement. Given how your office choice can impact your company’s success, it’s best to rely on a local tenant rep in the search process.