Real Estate

IMPORTANT CONSIDERATIONS PREPARATION Meet with space planner and key personnel to discuss needs of new office. Consider expansion needs and future growth. Determine improvements needed, ask for allowance for improvements from builder. Make sure builder or developer will provide electrical plans for new space. Consider taxes, insurance, and distance form suppliers, customers and employees. CHOOSING A VENDOR Is the broker familiar with the area in which you are interested? A good broker will ask you many questions about how your business operates. Verify reputation and trustworthiness of the broker. What type of property does the broker normally handle? What properties can the broker show you (only the properties owned by his or her company)?
CHECKLIST	DAYS BEFORE MOVE
Meet with space planner & key employees to determine needs of new location.	1YRS.
Decide on broker, begin search.	1yr.
Begin negotiating for office space.	180
Decide on new space, sign lease.	120
Meet with space planners to prepare first drawings.	120
Examine drawings, make corrections, send back to space planner to make final drawings.	120
Approve final drawings, submit to builder for approval.	120
Improvements should begin 60-90 days prior to occupancy.	90
On-site inspection of progress of improvements.	90
Prepare punch list for builder.	0