Category: Real Estate

Tips for Choosing Top Office Rental Spaces in Denver

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If you are currently looking for an office rental and you carry out a little research online, you will see that there are very many facilities that provide offices for rent. If the abundance of available options seems confusing, here are some factors to consider while evaluating office space for rent Denver options:

  • The location – while most office rental facilities are located in great neighborhoods, Denver is a huge city, so you should choose an office that meets the particular requirements that your business has. Consider accessibility for your business partners, for you and for your employees as well;
  • The size – due to today’s social distancing requirements, you will need more space to accommodate your team than you needed before the pandemic to provide comfortable space for the same number of people;

office space for rent Denver

  • Safety – it is a good idea to rent a space that is already furnished and equipped with space dividers, sanitizer dispensers and other features required by the current situation, that way you will not have to waste time installing such components and you will be able to move in right after you sign the lease contract;
  • Equipment – the best office space is one in which everything works. Check the equipment provided and make sure that you get everything that your teams could possibly need.

COVID Safety Guidelines in Office Rental Spaces

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Denver office space

The COVID pandemic has changed the way we work, including the way we can use offices safely. During recent years, shared offices have become the most popular solution for small businesses, but today, many freelancers and owners of small businesses are wondering whether using such a space is safe. Fortunately, the answer is yes – if the office safety guidelines are observed strictly and if office behavior is guided by common sense and discipline. Here are a few of the measures that need to be observed:

  • Social distancing – the maximum occupancy rate of Denver office space cannot exceed 40% of the maximum rate permitted. If the building has no such limitations, the rate of 8 persons per 1,000 square feet is permitted. The people sharing the same space must maintain the maximum distance possible, but at least 6 feet. Physical partitions, such as plexiglass walls between workstations is also an important safety measure;
  • Equipment – wearing a mask and a face shield are also essential in rented office spaces;
  • Hygiene – the proper hygiene of the office space is ensured by the property manager, but supplementary measures, such as regular cleaning of the workstation and increased attention to hand hygiene are also essential.

Advantages of Office Rental Space vs. Home Office

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Working from home is more common today than ever. But, despite the obvious logistical benefits (get rid of commuting and traffic!), working from home can have its own disadvantages for your health and happiness levels: the lack of organization can favor neglect when it comes to self-care.

Besides, productivity, concentration and socialization are more difficult to achieve without the rituals and structure specific to an organized environment. When you work from home, you may be able to postpone the completion of work during the day and stay up late at night, or you may be interrupted by unexpected guests during the busiest working hours.

Maintaining your focus throughout the day is quite difficult to achieve even in the traditional office space, but at least the existing structure at work helps you keep pace. Therefore, for many, renting an office is a much better solution than working from home.

Executive Business Centers

Renting space at Executive Business Centers implies flexible terms regarding the duration of the contract and the provision of additional services (internet connection, telephone services, parking spaces, meeting room rental). Look at https://www.denver-executive-suites.com/ for additional benefits and options. Another advantage is that you can avoid the initial investments occasioned by the purchase of office furniture, office equipment (printer, fax, etc.), arranging the space by compartmentalizing it and hiring additional staff to provide reception and secretarial services.

 

Who has Short Term Office Rentals in Denver?

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In a city like Denver, you will find any type of office space you need. If you cannot commit to long-term, or if you are looking for a temporary office while your new office is being constructed, you can opt for short term temporary office space Denver Tech Center rentals.

Not too many people are familiar with this concept. A temporary office is a rental providing shorter period leases. Normally, a standard lease contract for an office space will be more than 12 months in length, but short term office rentals will allow you to choose a shorter lease period. This type of office rentals is great especially for startups and small companies that do not have a large capital which would allow them to have their permanent office.

temporary office space Denver Tech Center

Short-term temporary office space Denver Tech Center deals also allow you greater flexibility and freedom. They will not bind you to a contract for too long, so if you find a better offer it will be easier for you to take it than if you would be stuck in a long-term contract.

If you are looking for short term office rentals in Denver, you will find many options if you make an internet search. You will find executive business centers that offer a wide choice of easy to pay rental services for your business.

 

What Does it Cost to Rent an Office?

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Most businesses have gone through this dilemma: buying office space or renting one. Rising property prices, the insecure economy and other factors may be the reasons for this dilemma.

What are the advantages of finding an affordable Denver Tech Center office space rental?

One of the main advantages of renting office space is that you can change the location of your business at any time. There is nothing permanent when it comes to rented office space.

There is also a difference between owning a building and renting it. When you own a building, you are solely responsible for its maintenance. On the other hand, being a tenant will save you a lot of time and you can focus on running the business without wasting time with building management issues.

Denver Tech Center office space rental

As for costs, a Denver Tech Center office space rental offers short- and medium-term financial benefits. First of all, you do not have to invest the company’s capital in purchasing a property for setting up an office. You must pay a security deposit and a monthly rent; but the rent you pay will never come close to how much you would spend if you wanted to purchase a space. This is a good way to grow your business, because you can save money that you can invest in equipment, for example.

In the United States, the average cost for office space is between $8- $23/ sq. ft., but the price will vary according to the location and the size of the space.

 

Buying vs. Renting Office Space in the Denver Tech Center

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office space for rent Denver Tech Center

As with homes, the idea of buying or finding office space for rent Denver Tech Center properties is a dilemma. We can talk, in both cases, about advantages and disadvantages.

However, what is the best option if you live in Denver?

The answer depends on each case. If you rent office space, it is easier to afford this monthly expense. Instead, to buy an office, you need a substantial amount of money to pay upfront, which you may not have at that time.

You will consider the profitability parameters depending on the pros and cons:

Pro rental

  • Lower monthly costs
  • Possibility to relocate at any time, without making other necessary arrangements
  • No worries about costs and responsibilities as a landlord
  • Suitable solution in the short term, but also in the long term

However, you do not have control over your expenses, and your monthly costs may increase over time.

Pro purchase

  • You own the office space, and the price of the rent can easily be the cost of a monthly installment
  • Possibility to buy by credit
  • Possibility to resell and exploit the space at will, without the consent of the owner

However, we are talking about a financial effort that often requires a financing program. Typically, only established companies can afford such thing.

 

 

 

Starting Your Business and Need an Office Space? Here Are Some Tips for You

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Denver office space rental

If you have started a business some time ago and now you are starting to see success, you might find it increasingly difficult to do all the work without having a proper office to meet with your team and with your client. Fortunately, having the office that you need, when you need that space, does not mean that you have to shell out large amounts of money each month – here are some great, low-cost Denver office space rental options that also come with additional benefits:

  • Shared offices – co-working spaces are today among the best options for start-ups that do not need a permanent office. The facilities that provide shared offices usually offer more than just desks – they also have meeting rooms, receptionist services and many other amenities. Shared office space comes with flexible payment plans as well, allowing you to pay for exactly the time that use the office for;
  • Business incubators – these facilities offer the latest office technology and a dynamic environment that allows you and your team to work efficiently for affordable rates. Incubators also organize business conferences and training programs to educate entrepreneurs, so the benefits of moving your business to one of these spaces range further than comfort and efficiency.

Is A Temporary Office Space the Right Move?

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Temporary office space solutions are in increasing demand with the growing numbers of freelancers, telecommuters, start-ups and other businesses that do not need a permanent office space. These modern office options are nothing like the traditional setting that involves either a small cubicle used by the office worker every day, during regular office hours, from 9 to 5 or a larger space.

Denver tech center office space rental

What makes temporary offices so different (and so great) is the flexibility – these spaces can be booked when needed and only for the time needed. If you are currently considering a temporary Denver Tech Center office space rental, here are some aspects that can help you decide whether the solution is right for you:

  • If you have outgrown your home office – if the corner desk in the living room is no longer enough, getting a temporary office located close to your home will give you the professional space you need to stay efficient;
  • If you need a distraction-free environment, but you don’t need it all the time – temporary offices can be rented for the amount of time needed, therefore they work great for anyone who needs an office only every now and then;
  • If you need a place for staff meetings – if your teams work from home, but you also need a place to meet them, a temporary office can provide the location to conduct those meetings efficiently.

Denver Office Space – Still in High Demand

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More and more companies are implementing remote work in all the areas that are suitable for the solution, but even so, the booming Denver economy and the high-quality office rentals available in the Mile High City still see high demand for physical office space, especially for temporary rentals.

temporary office space Denver Tech Center

One of the features that account for the ongoing demand for office space is that local office space providers have recognized the importance and the benefits of flexible solutions – here are some of these features:

  • Temporary office space – even the companies that have employees working remotely need a properly equipped physical space for staff meetings every now and then. Many temporary office space Denver Tech Center providers today offer their offices for short-term rent, allowing companies to rent the space only for the time of the meeting;
  • Shared office space – another flexible solution, shared offices work best for freelancers and for the owners of other types of small businesses who do not need a permanent office, but need a space that they can access whenever they want, 24/7;
  • Executive office rentals – these solutions provide access to an elegant setting, high-tech equipment and lots of other amenities that make them perfect, low-cost solutions for conducting meetings with important business partners.

Is It Hard to Find Office Space for Rent in Denver

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If you are a freelancer tired of working from home or the owner of a small, but growing business and you need a place where you can hold meetings, renting an office space would be the best solution.

office space for rent in Denver

Denver gives home to many facilities that offer offices for rent, so the difficulty of renting a suitable place is not that there are only very few options, but on the contrary, that there are too many options available. The first thing that you should make up your mind about is the type of office space for rent in Denver that works best for you – here are some things that you should know:

  • Available office types – you can choose to rent a temporary or permanent physical office or a virtual one. A permanent physical office is great if you need continuous contact with your teams or if you have daily meetings with clients, a temporary or shared space works best if you do not regularly need the amenities available with offices, while virtual offices are a great solution if your activity allows for remote work and you can benefit from a registered address in a prestigious facility;
  • Costs – having access to furnished and equipped physical office obviously costs more than running your business from a virtual office, but shared office solutions are cheaper than renting a permanent space and virtual offices are the most affordable options of them all.