Rehoboth office space.
A fit for your business.

Identify the deposit, work required, utilities and maintenance responsibilities. Ask what upgrades the landlord would undertake and what you would pay. Review tax treatment with your adviser rather than assuming every cost is deductible.

Review the term, renewal and exit provisions if the company may grow or move. A shared or short-term offering needs its own agreement review; a conventional lease is not automatically easy to end.

Discuss financing, borrowing and carrying costs with your lender and advisers. Check alterations with the municipality. If leasing unused area or offering an outgrown office, account for vacancy, repairs and the time needed to market it.

Class A, B and C labels can help organize an office search, but they do not establish a particular building’s condition or suitability. Compare the actual suite, elevators, heating and cooling, security, management, parking and internet service. Ask which services are included and which cost extra.

Ask for the quoted area, rent period, base rent and separate operating charges. Compare utilities, parking, repairs, improvements and deposits, not just the headline rent. Discuss the term, renewal, expansion and sublease terms with our commercial team and have your attorney review the proposed agreement.

If you expect to occupy the property for years, compare a purchase with leasing. Review financing, taxes, insurance, maintenance and required improvements with the appropriate professionals. Ownership does not guarantee lower costs, tax savings or appreciation; renting unused space to others also requires review of the property and agreement.

If you own an office suite, building or mixed-use property, send our team its address, floor area, current use, occupancy and your sale or leasing plans. We can discuss how to describe the premises and compare relevant properties. Do not treat an old asking price, regional vacancy figure or growth forecast as today’s value.