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Hello Small Office Users
Big blocks of OC office space might not be so easy to find, but there are still plenty of smaller spaces available that will give the tenants extra leverage in lease negotiations. Stream Realty co-managing partner Blaine Annett, whose company has repped the landlord in a half-dozen recent deals of less than 10k SF, tells us landlords need to be consistent in their approach to attract and keep smaller tenants.
Hello Small Office Users
Landing tenants for a small office building means listening to what they need and learning how the space will be used for their business, Blaine tells us. "By actively engaging the tenant, astute landlords help them envision how the space can work for them, or direct them to a different space in the building that would suit their business better." Blaine is seen here with his brother and Stream co-managing partner Colby during the company’s recent Catalina Team Day, on a zip line tour through Descanso Canyon.
Hello Small Office Users
“With smaller tenants, they sometimes lack the vision necessary to recognize space potential, but with a little guidance they can get over that hump very easily,” Blaine adds. “That helps build a level of trust tenants find truly valuable.” It also helps build long-term relationships, which are critical for landlords, since smaller tenants don’t always remain smaller, and existing landlords have a leg up when it comes to providing expansion space. Pictured: Summit Office Campus in Aliso Viejo, which Stream leases for owner RREEF.
Related Topics: Aliso Viejo