How To Find The Perfect Office Space

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Introduction

It’s time to find your next office. So where to begin? That’s where LPC Cresa insights comes in. Over a five part series of articles we aim to help you look beyond the jargon that so often surrounds commercial property – to zoom in on what’s really important: the best possible deal on the office that’s right for your business.

FIRST THINGS FIRST: WHAT DO YOU WANT (AND WHERE SHOULD YOU LOOK TO FIND IT)?

Whether you’ve outgrown your current office space, are approaching a lease expiry or simply find that your organisation’s goals are not supported by your current leasing agreement the aim of your search revolves around two guiding practices:

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Corporate Real Estate Advisor 800x400 - Mid-year Office Market Update

Mid-year Office Market Update

The latest office market statistics were released by the PCA last week and the results were generally in line with our expectations of the overall CBD performance across Australia.

Surprisingly, Perth CBD achieved an improvement in vacancy within the last 6 months. David Barnes, director of LPC Cresa Perth, provided an insight into the reality of the shift in vacancy and current market conditions.

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lpc cresa tenant journey Konica Minolta boardroom 800x400 - Make Good – Is the Landlord double dipping?

Make Good – Is the Landlord double dipping?

Most leases contain some form of make good provision at lease end and they can become a contentious issue at lease end. Some can be ambiguously worded which can raise doubts over which party is responsible for what at lease end.

However if you have inherited a fitout from a previous tenant or if you are leaving behind a generic fitout that can be used again, it also raises the question how liable should you be for make good? LPC Cresa’s Julian Kurath gave his insights into the matter on Commercial Real Estate.

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Announcement: New Equity Directors – Our Team Strengthens

LPC Cresa is pleased to announce the appointment of two new equity directors, effective 1 July 2017 – Julian Kurath and Ken Lam, both of whom are based in our Sydney office.

These appointments recognise the significant contribution that has been made and will further strengthen the LPC Cresa Senior Leadership Team and our direction into the future.

Julian and Ken will continue to drive the LPC Cresa model of tenant / occupier only advice and representation. No investor landlord work and totally conflict free.

This now brings a total of 6 equity partners in our Sydney and Perth offices, being David Barnes, James Carslaw, Julian Kurath, Ken Lam, Geoffrey Learmonth and John Reed.

For further information, please contact Geoffrey Learmonth or John Reed (in our Sydney office on 02 9235 1300)

 

button to "Our Team"

Julian Kurath

 

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Ken Lam

Shared Office - Growth Companies: When and Why to Move to Direct Office Space

Growth Companies: When and Why to Move to Direct Office Space

The Pro’s and Con’s of Shared Office Space

Co-working spaces are ideal environments to grow and launch start-ups and small businesses. They’re an affordable option, and provide an energetic environment that fosters collaboration within a team and between different businesses. The all-inclusive business model makes it easy for fledgling businesses to budget their expenses, and the flexible terms and ability to scale up or down as needed are ideal for early stages of business growth.

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