Dartmouth Office Space
Should You Lease an Office in Dartmouth?
If you've searched for a great office location in Southern Massachusetts, don't overlook this dynamic community. What elements prompt businesses to locate offices here? Just consider a few strong reasons to include this location on your list:
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First, Dartmouth lies within a populous local market. Although still comparatively small in size, it adjoins New Bedford, a community which rapidly approaches a population of 100,000. This site offers a potentially significant consumer base.
Second, some important engines drive technology and innovation here. The University of Massachusetts maintains a campus in this location. Educational institutions help fuel several important economic sectors here, including the student housing rental market.
Third, its location places this city within reach of both Providence, Rhode Island and Boston, Massachusetts. While daily commuting sometimes proves challenging during winter months, residents of the area certainly do access both of these large urban centers for a variety of specialized goods and services.
Consider Dartmouth Neighborhoods
This college community sits along the coastline of Southern Massachusetts outside New Bedford and just a short distance east of the Fall River Metropolitan Area. It has undergone significant expansion during recent decades. The location currently comprises several previously distinct enclaves which grew together gradually over the course of time.
Currently some five neighborhoods form the municipality: Town Center Neighborhood sits in the middle of four adjoining districts: Smith Mills (on the north), Bliss Corner (on the east), South Dartmouth, and Old Westport Road (on the west). The latter neighborhood encompasses the campus of the University of Massachusetts at Dartmouth. Potentially, office sites occur within all of these distinct areas. The city sits immediately south of Interstate 195, a major transportation corridor linking Southern Massachusetts with Providence, Rhode Island.
About Office Leasing
Leasing a commercial office typically involves some level of negotiations between a landlord and tenant. In some situations, the specific type of commercial zoning carried by a location impacts the suitability of the site for a company's use. For example, if you maintain a professional practice, you may find rental locations within industrial parks more affordable, yet these sites may not generate the same degree of referral business you might anticipate by maintaining your office in an office tower or a specialized business condo development.
Negotiations concerning an office vary, based upon the specific requirements of the tenant. Prospective renters who hope to significantly modify the premises should discuss this issue in advance with the landlord. An illustration might involve the request of a tenant to install a concealed high-security safe on the premises. (A locksmith might need to modify the building to place a heavy safe securely in a wall or floor.) Many landlords permit extensive office renovations as long as a tenant agrees to leave the premises in good condition at the end of the lease period.
Purchasing an Office
Many businesses today discover economic advantages in purchasing office space. Taking this step may permit the buyer to remain in a location long term, without worrying about rental rate increases (or landlord requests to relocate) at some future point. It also offers the advantage of allowing a business to customize realty.
If your company has decided to invest in an office, you'll enjoy a variety of opportunities in this region. Ask Boston City Properties to assist you. We maintain extensive contacts within the real estate and business community here. We'd love to discuss available properties with you!
Listing an Office For Lease or Sale
Our company also offers valuable services of interest to prospective property sellers. Have you considered listing an office in this city for lease or sale? We follow realty markets in Boston and throughout the Greater Boston Metropolitan Area and its environs. We'll gladly meet with you to discuss your plans for your commercial space.
One issue which concerns many prospective sellers involves whether to retain an office, offer it for rent, or place it on the sales market. In some situations, companies purchase a large property, but then discover they have not utilized all of the available square footage. Rather than allow commercial space to remain idle, leasing or selling may present a viable option. The specific zoning of the location impacts available solutions. If you'd like to discuss selling or leasing an office in Dartmouth, consider contacting Boston City Properties!
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