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Fast-growing Businesses

Heigh growth services rampupYour office is feeling a bit crowded.

Rampup

 

What do you need right now?

  • With more employees, you need a space to call your own. The nearest Starbucks is starting to feel crowded.
  • You want to create a sense of identity and legitimacy while maintaining flexibility. You’re thinking about branding and impressions.
  • Drill down past the “macro” location considerations (e.g., city or town) and think about the parts of town that make sense (called submarkets) depending on your clients, competitors and future employees. We have cutting-edge tools to help you best decipher all these factors, as well as in-depth market information to help you drill down on specific buildings and locations.
  • You want as short a lease as possible, depending on market dynamics and your needs. You may move or expand several more times in the next three to five years, if your business continues its rapid growth, so flexibility is key.
  • Consider utility and connectivity requirements, especially if they are unique to your business—and make sure there is capacity to accommodate growth.
  • Be mindful of your funding endeavors. We can advise you on how your space decisions will be viewed by VCs and other partner groups.
  • Maintain laser focus on your day-to-day activities. We can help you manage your current real estate while keeping you up-to-date on market data, space trends and relevant lease and cost metrics for future needs. It is critical to leverage your (and your CFO’s) time—that’s what we’re here for.
  • Investigate subleases, spec suites, strategies for securing flexible space, strategies to minimize capital outlay,as well as furniture and build-out trends.

How do you pull this off?

  • We have a wealth of tools and information to help you find the best space and location for your specific goals and industry.
  • Contact us for best practices for subleases, spec suites and flexible leases. Be sure to check out our form lease(s) for important lease agreement considerations and terms.
  • Seek an attorney and/or contact our High-Growth Services team to help button up your lease documents for maximum protection from the outset of your negotiations.
  • If you’re fortunate enough to find great “plug and play” space, realize they are not all created equal. We can advise you in-house with evaluating all elements of the infrastructure before you make a decision.
  • Contact the Jones Lang LaSalle High Growth Services group with any questions—this is a complex process and we are here to help.

What's next?

  • Hopefully, your company’s growth is speeding up, and making the right real estate decisions will be paramount to your success.
  • Real estate will be a growing cost item, and your bottom line will be more closely scrutinized by your investors and, hopefully, shareholders.
  • Let us help you align your current real estate needs with your future goals. Keep in mind that the search and set up for new, customized office space can take six months to more than a year.
  • Careful and early planning is key for your continued success. We offer exceptional value through decades of experience with hundreds of high-growth firms just like yours.