So When Should You Start?
This chart will give you a good rule of thumb as to how long it will take you to find the space, do the deal and construct the office.
Office Size in Square Feet | Lead Time |
---|---|
1000-3000 | 6-8 months |
3000-10,000 | 8-12 months |
10,000-20,000 | 12-16 months |
Over 20,000 | Up to 2 years |
Giving yourself this lead time allows you to explore all the alternatives including renewal and more importantly time to break off negotiations if the Landlord doesn’t give you a market deal.