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John Suh, CEO of LegalZoom.com tells how Jones Lang LaSalle helped save his company millions of dollars in occupancy costs.
Jones Lang LaSalle’s High-Growth Services group is a centralized resource with answers to all of the real estate questions that arise for rapidly growing companies.
If you’re not working from your home office, you might be in an incubator, co-working arrangement or e-suite that includes furniture, phones and utilities.
This is when you need a solution that increases flexibility and reduces your financial outlays, such as a sublease or “second generation” space from a like-kind company. You’re also building your legitimacy as a credit tenant.
Lease flexibility in your direct office lease is of the utmost importance at this stage. You’ll want to leverage landlord allowances and other concessions to reduce capital expenditures.
At this point, you might need space beyond just offices and are exploring data center and warehouse space. Your balance sheet issues directly influence real estate decisions.