Navigating commercial real estate to find a location for your business is a complicated affair that requires a great deal of planning. There is a host of factors beyond just affordability to consider when making such an important decision. The experts at Galvin Realty Group, Inc. in Rochester, NY, discuss their top factors to consider when narrowing down your options.

How to Choose Commercial Real Estate

1. Location

When deciding on a property, location is a critical factor for both employees and customers. Consider how long it will take your staff to get to work every day. Choose an office that is near major roadways and offers easy access to public transportation. If the commute is too long, your workers may seek other employment. Also, take into account your customers. Select an area that is convenient, easy to find, and visible from the roadway.

2. Amenities

Take into account amenities that appeal to both your employees and customers. For example, your staff will appreciate the proximity to restaurants and cafes, and situating your business near a popular hub increases your chances of foot traffic. You should also choose a location close to facilities you rely on daily, such as banks, business partners, the post office, and meeting spaces.

3. Size

It is important to plan for both your company’s current and future needs in your decision for commercial real estate. Select a space that accommodates the current number of employees, as well as your company’s projected growth. Also, consider your organization’s equipment housing needs. For example, do you require a dedicated computer and server room? What about large copiers and fax machines? Planning accordingly prevents you from quickly running out of space.

4. Image

Your space should convey professionalism to your customers and represent the company culture. If your business is more reserved, don’t pick a spot that is too trendy, as your customers may not take you seriously. Conversely, if your organization is more upbeat, select an office that reflects this fun and energetic nature.

5. Parking

Look for a location that has ample parking for both employees and customers. You don’t want to inconvenience your staff, nor do you want to make it a hassle for your customers to do business with you. If free isn’t an option, consider budgeting for reduced rates and validation tickets for clients.

Selecting the right property for your business affects employee and customer satisfaction and impacts your company’s ability to grow with demand. If you need professional assistance locating the right commercial real estate, turn to Galvin Realty Group, Inc. This respected firm handles everything from appraisals to property management. Call them at (585) 546-1290 to schedule an appointment. You can also visit them online for more information about the team and their services.