Natick Office Space

Natick, MA, is a town that has been growing steadily since the year 2000, and as a result, you might want to consider this Boston suburb as a home for your business. Commercial office real estate in this town is fairly competitively priced, and with a close proximity to Boston, there is a lot of possibility for some fairly varied clientele for your business. The town is also very easily reached by just about anyone in the Boston Metro area, so finding both customers and employees for your new startup or small business space should be fairly easy.

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Neighborhoods Worth Considering in the Area

This town has several neighborhoods that can be prime locations for your office. Typically, finding the right neighborhood takes a bit of research, so here's a listing of some of the available areas within the town:

• Morseville – Located in the southern portion of the town, this neighborhood is particularly wealthy, and as a result, many of the residents are well-suited for management and executive positions. Buildings in this part of town can have more than five stories, which means that you shouldn't have too many problems finding commercial space for your business.
• S Main Street / Pond Street – Properties in this part of town have unique designs that look very professional. Angular outsides with lots of steel and glass and common and many of the properties have room for multiple businesses to work.
• Felchville – Many of the properties in Felchville offer expansive areas for lease and purchase. It's not uncommon for properties to provide over 6,000 square feet of space that can be purchased or rented.
• Lake Forest Park – In this section of town, you can find properties that offer as much as 30,000 feet of commercial space for businesses, which means finding space for a startup or small business should be a simple feat.
• Town Center – Space in this part of town varies significantly, but the buildings are very modern and very accessible for your customers. Local retail opportunities are extensive throughout this part of town, which means that some cross pollination can occur.

Leasing Space for an Office in the Area

Wondering what kinds of leases you can expect? Well, when you're leasing, you'll find that there are a lot of advantages and more than a few types of lease structures to choose from. Let's take a look at a few:

• Full Service Lease – If you're looking for an all-inclusive experience, then a full-service lease is the way to go. With this type, every potential expense in the space is managed like property tax, maintenance, utilities, and insurance. As a result, this tends to be one of the more expensive leasing structures, but it's also the most stable. Before you sign one of these leases, make sure that the maintenance experience is top-tier.
• Net Lease – Net leases provide a fairly low rental payment. With one of these, you can also pay in for maintenance, utilities, and insurance, and with triple net leases, you can also pay separately for operating expenses and utilities as well.
• Modified Gross Lease – This type of lease works for both parties. If the cost of the taxes, insurance, or maintenance goes up, the tenant won't see these increased costs. If these costs go down, the landlord can actually profit off of the change.

Buying Space for an Office in the Area

Similarly to how there are a few different options for leasers, commercial spacer purchasers will have some options as well. When you are going to purchase this type of space for your office, you'll definitely have to decide on the property type. In most cases, you'll be able to select from:

• Class A – Class A properties are fairly new; in fact, they will have been constructed in the past two decades. These are also usually located in the best neighborhoods for businesses like yours. Effectively, this is the most optimal property type for your business.
• Class B – While not fully optimal, the Class B property may be a bit older than 20 years but will still have some good amenities. This is good, practical office space that can also be attractive enough to entertain clients. Usually, these offices are located in mid-rise buildings.
• Class C – Functionality is the name of the game with a Class C property. You won't wow anyone, but if you just need space to do business, this will work well. These properties are also very inexpensive, but the building may be much older.

Listing Office Space for Lease and Sale

Placing your space on the market for startups and small businesses can be easy if you have the right brokerage helping you out. Boston City Properties will use its talented and licensed professionals to help you get your property leased or sold to local business owners. Give us a call at 617-247-1933.

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