Commercial Office Services
Finding and Securing Choice Locations
If you’re looking for small or large office space in Calgary, we’ll help you find it and prepare for success.
Whether this is your first office or you’re looking to make a change, we’ll get to know you, your business and what you’re looking for.
Before we start, you’ll need to understand your space requirements, have a solid business plan and be ready to approach and sell property owners on your business.
Once you’re ready, we’ll help you locate suitable properties, organize tours, and negotiate an agreement. We’ll also help you with your post agreement planning and connect you with a wide variety of 3rd party contractors to help you get set up.
For more on how we help, review our service descriptions, browse our commercial office listings, and review our feature articles to help you move forward with confidence.
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Let our team help make every aspect of your search, setup and launch as seamless as possible.
Key areas of our tenant advisory services: 1) Ensure you’re clear on your needs, budget, zoning, and competitive environment, and advise industry trends and forecasted changes. 2) Help you with business plan preparation and launch strategies to address concerns of property owners. 3) Connect you with experts, contractors, and suppliers for efficient planning, permitting, building, move in and launch.
ADVISORY SERVICES
Our research services focus on three things: 1) Help you understand market conditions and what to expect during negotiations. This is vital for budgeting and planning. 2) Strategic site selection, including size and affordability, suitable infrastructure, proximity to amenities, transit access, parking, and presence of complementary businesses, and more. 3) Develop search profile and create summary of high-potential vacancies for serious consideration.
MARKET RESEARCH
Finding an ideal location involves far more than scanning a commercial property database for vacancies. For a variety of reasons, a large percent of properties are never listed. Sometimes, a tenant is quiet they are leaving, or the property is still in development. What’s important is knowing what’s really available. Our extensive network of landlords and brokers helps expand your range of options.
FIND A LOCATION
We outline the commercial leasing process, explain industry norms, and help prepare and establish realistic expectations. We negotiate with owners to structure favourable terms as well as draft lease agreements and help you understand them, highlighting negotiable to discuss with your lawyer.
We can also refer you to a wide range of industry professionals; lawyers, consultants, and service providers to further streamline your process.
NEGOTIATE AN OFFER TO LEASE
ADVISORY SERVICES
MARKET RESEARCH
FIND A LOCATION
NEGOTIATE A LEASE
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Everyone Has Questions
These Are The Ones We’re Asked Most
Q: Is there value in leasing a space previously occupied by another office tenant?
A: Yes, in some instances. However, we advise having your advisory team review the property. There are multiple factors to consider including open versus closed office plans, IT requirements related to infrastructure, parking, and amenity space.
Q: Is it worth paying more rent to be in one location over another?
A: That depends on your requirements. Is a Plus-15 connection important? Is proximity to the C-train or a transit stop vital? Do you need a Class ‘A’ or ‘B’ Building? How important is underground parking or onsite amenities? Do you want to be in a LEED Certified building? There are many factors that might justify paying more. For example, the lowest rent deal is not always the best deal as the term may be shorter than a headlease and you are relying on the Sublandlord’s covenant. Once a Sublease expires, you may have to move or pay significantly higher rates.
Q: What sort of zoning issues may I run into?
A: Zoning could play a significant role in whether a space can work for you. In most cases, an office building is already zoned appropriately but an unconventional location or building type may require more investigation.
What’s important is getting on top of zoning issues upfront, during your planning stage. You’ll want to work with an experienced advisor to help you navigate zoning issues.
Q: What assistance can I expect from my new landlord in terms of free rent and tenant allowance?
A: There are no standard deals. The answer will depend on the location, the landlord, your use, and covenant. We’ll help set realistic expectations, based on what others are receiving.
Q: What is a covenant and am I always expected to provide a personal guarantee?
A: A covenant is the security you as a tenant provide. The Landlord relies on your financial well-being to give them the confidence to lease you space. A personal guarantee is not the only way to secure a covenant. You can often use a letter of credit, larger deposit, lower landlord contribution to the deal, etc.
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