The importance of timing in your office lease

We’ve all heard the phrase, time is the only resource you can’t get more of. It rings true in many instances, none more so than in regard to your office lease. Why is that? Let’s explore why timing is an issue when you lease.

  1. The market is live. Yes, it seems trite, but it’s true, you need to move quickly on a property or space, because if you wait, it could be gone. In the current CRE market, space is always in high demand, so first to sign wins.
  2. Leases take more time than you might think. It’s our goal to make this process as easy as possible, but it’s not always completed overnight. Negotiations can take time, and it’s always in your best interest to account for this time spent if you want to secure your dream space.
  3.  Are you building out the space? Moving furniture? Installing new IT infrastructure? All of these items take time, and it must be accounted for, especially to allow for the inevitable delays that go along with them.

While it all may seem quite rudimentary, time and time again, these three issues delay move in, go-live dates, and even hinder the ability to secure space altogether. Plan ahead, plan for delays, and lean on your SwiftLease agent for the advice and expertise to get you through the leasing process quickly and efficiently.