Mistakes to Avoid When Buying/Leasing a New Location

Are you planning for a new construction project but are unsure of how long it will take or what to do first? The options can feel endless, whether you’re looking into tenant improvements, finishing out a new space, or renovating an older location.

A Hot Spot for Small Businesses

If you have ever built a house, or you have heard the stories of those who have, you know how quickly, easily, and frequently budgets and timelines can change. Commercial construction and/or tenant improvement projects face the same challenges, sometimes to an even greater extent.

Hiring a General Contractor based on cost is a risky proposition. It seems that we have all purchased the low-cost item, simply because it was the cheapest, and later regretted that decision. 

Signing a contract before understanding your construction costs is the 3rd Mistake in our series of what you should be sure to avoid when buying or leasing a commercial property.

The second mistake to avoid when buying or leasing a new property is assuming that an EXISTING PROPERTY qualifies for a Certificate of Occupancy (CO).

There are 5 COMMON MISTAKES SMALL BUSINESS OWNERS MAKE WHEN BUYING OR LEASING A NEW LOCATION?

Commercial construction is the building of structures used primarily for business purposes, such as offices, medical spaces, retail stores, restaurants, gyms, schools, banks, warehouses, or any other structures that are not intended for habitation. Such structures are typically constructed on a larger scale, tend to be more complex and require a great number of codes and regulations that must be followed.

If you are thinking about leasing office space in Collin County, you don’t want to miss out on this. The trends are constantly changing, and last year's developments may no longer be relevant today. It’s important for companies to stay up-to-date with current trends to be equipped to make educated choices.