1. End of the month deals – managers of executive suites are rewarded based on performance. That means that they have to keep their offices full or nearly full. So when the end of the month comes around, expect some specials and incentives for you to sign for the office space. This is the best time to look for office, versus at the beginning of the month.
2. Terms of lease – Never sign for a month-to-month lease. Managers are going to lease the offices to you at the market rate, which includes almost zero discounts. Most centers need a 60 days notice, so essentially your month-to-month lease becomes a 3 months lease. Instead, ask the manager for a 6 or 12 months deal. This is where free rents and discounted rates are possible.
3. Executive suites charge for services like phone and internet…per person. So an office for two is going to be more expensive than for the same office for one. If you think your partner may not be in the office much, lease the office just for yourself, then share the phone and internet with your partner. This will save you about $100 or more per month.
3. Work with a local, respected online broker who knows the managers and can get you better deals. These brokers are different from the traditional real estate brokers because all they focus on are executive suites. Not all online brokers are created equal. Look for one who is in the same market as you, and seems to know the managers and availabilities and specials. These are the ones who can pick up the phone to their favorite managers and get you extraordinary deals that you can’t get yourself. Their services are free to you, and in most cases, you will get a better deal. The important thing is to contact the broker BEFORE you contact any executive suites managers. This enables the broker to represent you on your behalf.
Written by JC Nguyen. If you have any questions, please contact JC at 949-698-4799. JC is a well-respected online broker for the Orange County/LA Executive Suites. His email is jcnguyen@officeblvd.com and his web site is http://www.orangecountyexecutivesuites.us
JC also works with all executive suites nationwide. The nationwide and worldwide link is http://www.ineedoffice.com