myperfectworkplace

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Looking for office space in the San Gabriel Valley, CA? We got you covered! Call us to tour our Arcadia office space: 888-518-9168 (at Arcadia, California) https://www.instagram.com/p/Bs_ZK4znrPn/?utm_source=ig_tumblr_share&igshid=pddx9sg0kwq9

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Irvine, CA is a thriving ecosystem of "next gen" office campuses. Head to our website to explore #irvineofficespace! Link in BIO! Call us to schedule a tour: 888-518-9168 (at Irvine, California) https://www.instagram.com/p/BrOhpZmnOYT/?utm_source=ig_tumblr_share&igshid=li58k2j4uh4v

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Location is EVERYTHING! Old Town Pasadena is an excellent place to get #officespace if you're looking for downtown vibes WITHOUT the traffic. Head to our website to see available Pasadena office space or call us! 888-518-9168 (at Pasadena, California) https://www.instagram.com/p/BqLrNZgHjtt/?utm_source=ig_tumblr_share&igshid=r0jxtssnlj8m

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Looking for the perfect Burbank #officespace? We got you! Check out our website to see available office space for rent in Burbank. Whether you're a #startup or outgrowing your current office, we can help! Call us to schedule a tour of your next office space in the "Media Capital of the World" 888-518-9168. Link in Bio! (at Burbank, California) https://www.instagram.com/p/BqGDKE0HJMa/?utm_source=ig_tumblr_share&igshid=182t5l35swbi3

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Looking for medical office space for rent in #SanFrancisco? Look no further! 909 Hyde St is prominently located across the street from Saint Francis Memorial Hospital! These window office spaces are perfect for psychologists, psychiatrists, neurologists, or sports-medicine doctors! These won't last long! Call us today to schedule a tour: 888-518-9168 https://www.instagram.com/p/BpVUXU4g3YA/?utm_source=ig_tumblr_share&igshid=1nk918h0sx0ic

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Silicon Beach is a tech cluster that is perfect for startups and entrepreneurs! With so many businesses competing for the perfect #officespace, it could get tough. BUT! We can help your business find its next home in an office that truly fits with your personality and culture. Call us today to schedule a tour at one of the many available business centers in Santa Monica: 888-518-9168 https://www.instagram.com/p/BpQEAgAhZ6a/?utm_source=ig_tumblr_share&igshid=106jxyi62fbh

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Glendale, CA currently has an all time low vacancy rate - that means that available #officespace and #retailspace goes QUICK! Luckily, we can help! 4 units are available at 730 S. Central Ave that are perfect for any business! Call us today to schedule a tour: 888-518-9168 https://www.instagram.com/p/BpFynQlhMqg/?utm_source=ig_tumblr_share&igshid=1k7r7a8s1h859

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If you're looking for an office space in Hollywood, we have the perfect spaces for you in one of the most sought after creative spaces at the moment! Equipped with a 3D cinema, rooftop deck, and a pet friendly evironment, don't miss out on a truly FUN place to work. Call us to schedule a tour: 888-518-9168 https://www.instagram.com/p/BpDUnujhG1g/?utm_source=ig_tumblr_share&igshid=11is4rb9bwlxx

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West Hollywood, CA is a vibrant business center that's an excellent place for creatives, entrepreneurs and #startups. Call us today to tour available #weho #officespace! We're happy to help: 888-518-9168 #losangelescommercialreaestate #officespacela https://www.instagram.com/p/Bo-IMIohC6l/?utm_source=ig_tumblr_share&igshid=97t02anugkow

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Ditch the coffeshops and public WiFi! Make your workspace your own! #myperfectworkplace has available and affordable office spaces for rent all over #losangeles, #sandiego, #sanfrancisco and more! Call us today to get a quote on an office space for you and your team: 888-518-9168 https://www.instagram.com/p/BoxIMmogJsA/?utm_source=ig_tumblr_share&igshid=eu94i5s7i1mc

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Commercial Real Estate 101: Types of Leases

Let Us Break it Down for You: Types of Leases

Let’s say you’re leasing an office space for rent in Pasadena for yourself and/or your team. You should know that this requires some homework and a basic understanding of the different types of leases used in commercial real estate transactions, especially with office space for rent in Pasadena. From startups looking to secure their first office space for rent in Pasadena, to large businesses looking to upgrade to a larger building, it’s important to note that each tenant will inevitably have different needs. Any one type of lease may or may not be practical for everyone. There are two main types of commercial leases that are common, but very different from each other: Gross Lease and Net Lease. Let’s explore the pros and cons of each to consider when looking for office space for rent in Pasadena.  

Gross Lease

A Gross Lease is what you will likely find in office buildings when looking for smaller suites – we have plenty of these kinds of office space for rent in Pasadena. Also known as “Full-Service” or “Modified Gross,” these leases can be considered to have the most “bang for your buck.” A Full-Service (FS) lease is almost “all-inclusive” in that they cover all expenses like utilities and maintenance fees within the base monthly rent. In other words, your “rent” includes your internet, janitorial maintenance, and any portion of property taxes associated with the property that you are a tenant of. A Modified Gross (MG) lease covers most expenses in the base monthly rate but not all. Usually, some costs like janitorial fees and some utilities are included but others like insurance fees and property taxes are not included and are at the expense of the tenant when leasing these kinds of office space for rent in Pasadena. Thus, an MG lease is “modified” from a Full-Service lease.

There are definitely some pros in obtaining an office space for rent in Pasadena with a Gross Lease. For instance, FS leases are extremely startup friendly and small business oriented. Since they include most costs, it’s extremely convenient for a newly established business to budget around one monthly base cost associated with an office space. Most Gross leases, especially FS, have a less stringent qualification process to further ease the pain. Many Gross leases also include amenities that other lease types wouldn’t, like furnished offices, administrative support from a receptionist, and the opportunity to network with other like-minded professionals. This is a great perk that comes with a lot of office space for rent in Pasadena.

While “all-inclusive” sounds more convenient than not, there are few cons to consider. Being that most FS and MG leases are within shared spaces, you must account for just that, sharing common areas within office space for rent in Pasadena. There is also little room to provide a truly customized experience for businesses when it comes to configuration of a space, office décor, and business signage. Some industries also find that close proximity to other organizations is counterproductive when confidentiality, privacy, and stringent business practices must be met.

Net lease

A Net Lease is basically a base rent that is separate from any additional fees associated with a tenancy in an office space for rent in Pasadena. The most common type of a net lease is a triple net (NNN) and requires tenants to cover all additional costs. Utilities like electricity, internet, facility maintenance, a portion of property taxes and insurance are tenant expenses on top of rent for their Pasadena office space. NNN leases are typical when leasing a full floor of a high-rise or a complete retail space. Operating expenses are usually not covered either and at the expense of the tenant.  

While it sounds alarming to have to consider so many expenses, some pros to consider are being able to choose your own utility providers for things like internet, phone, and other systems, truly catering to your needs at your office space for rent in Pasadena. Most tenants of NNN are also able to configure spaces in ways that make sense to them, including signage, and sometimes even get assistance from landlords and owners. Tenants have more freedom to conduct business the way they want.

Cons to consider when exploring a NNN lease is first, a more stringent process to qualify for office space for rent in Pasadena. Financials, good credit, and references are usually required when applying for an office space for rent in Pasadena that has a NNN lease. Other things to consider is the variance in price when it comes to price per square foot, rent abatement, tenant improvements, and parking. These leases usually require legal assistance in reviewing a contract and will involve a landlord and/or a landlord agreement. These kinds of leases need the utmost attention as they are usually one-sided with limitations on the rights of the tenants and liabilities of the landlord.

There you have it. But, you are not alone in trying to find the right office space for rent in Pasadena! Give us a call to discuss further! We’re here to help: 1-888-518-9168

https://myperfectworkplace.com/blog/commercial-real-estate-101-types-leases

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Leasing an office space can be hard because there's a lot to consider. Head to our website and check out our Blog section to read up on various subjects that commercial renters should consider - like the pros and cons of different lease types, tips for #startups, and updated community events! myperfectworkplace.com/blog #commercialrealestate #realestatetips #realestate101 #myperfectworkplace https://www.instagram.com/p/BosFX2JheqT/?utm_source=ig_tumblr_share&igshid=pe3kxrsfc8lm

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Don't miss out! We have a few seats available for our Commercial Real Estate Seminar tomorrow in Old Town Pasadena! Times are changing and so is the way commercial real estate is being sought. Get informed with us! Email info@myperfectworkplace.com to RSVP! #commercialrealestate #pasadenarealestate #pasadenarealtor #realestateseminar #realestatenews (at Pasadena, California) https://www.instagram.com/p/BokZM1nB496/?utm_source=ig_tumblr_share&igshid=jnumlieazsmd

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Join My Perfect Workplace for an Informational Seminar on Commercial Real Estate

Are you interested in commercial real estate? Have you wondered what to look out for as a business owner when looking for a commercial property to lease? If yes, you are not alone, and we have you covered! Whether you’re looking to lease a new office, warehouse or a retail space, there are nuisances that must be considered before signing on the dotted line. Join us on October 6th, 2018 as My Perfect Workplace teams up with one of the largest serviced office space providers in the country to provide you with an overall introduction to Los Angeles commercial real estate and what to consider as a commercial renter. There are many things to consider when searching for an office space. For instance, determining what kind of office is appropriate to accommodate your unique business is among one of the important factors to consider early on. From serviced executive suites and flexible co-working space to conventional long-term spaces, there’s usually one type that is most practical and/or cost effective. What may work for an established business may not necessarily work for a startup. Another important factor to consider is the type of lease that is most appropriate – some lease terms include all costs within the asking rent, while others require tenants to cover some or all other additional costs out of pocket like insurance, facility services, utilities, etc. Once these details have been considered, navigating through the provisions of a lease agreement is another plight to get through, especially for those who are inexperienced or unknowledgeable in commercial real estate leasing. My Perfect Workplace’s very own Sam Setyan will lead the discussion in the important factors that every commercial renter ought to consider before signing their next long-term lease. Sam Setyan earned his bachelor’s degree from UCLA and earned his J.D. from Loyola Law School, focusing on real property and transnational law. Practicing real estate for over six years, Sam has been a California Real Estate Broker since March of 2012 and has brokered transactions totaling over 14 million dollars. It’s safe to say that one of the industry’s best will be guiding you through the do’s and don’ts, and pros and cons. Sam’s reputable career has allowed him to expand his knowledge through an array of office markets, providing clients with much more than just a broker to close a deal. Utilizing his years of experience and legal knowledge, Sam advises clients during every facet of business creation and every step of the leasing process. My Perfect Workplace specializes in leasing commercial office space all over greater a Los Angeles, San Francisco, and other urban cities like Portland and Seattle. You don’t want to miss this incredible seminar by an industry leader. This is the perfect opportunity to get insight from an experienced commercial real estate broker, get informed on what you should and shouldn’t consider when searching for office space, and ask the questions that you’ve had about your commercial real estate needs. Details: Saturday, October 6, 2018 12:00pm – 2:00pm Regus Office: 117 E. Colorado Blvd, 6th Floor, Pasadena, CA Space is limited so early RSVP is strongly encouraged. Please RSVP by emailing us at info@myperfectworkplace.com or joining our Meetup Event. We look forward to seeing you there!

[myperfectworkplace]

Join us on October 6th for an informational seminar on LA commercial real estate and what to consider as a commercial renter. Space is limited! RSVP via email info@myperfectworkplace.com or call us at 888-518-9168 #commercialrealestate #realestateseminar #losangelescommercialreaestate (at Pasadena, California) https://www.instagram.com/p/BoaVY2RhbWk/?utm_source=ig_tumblr_share&igshid=vfv2l5vpjvi8

[myperfectworkplace]

Join My Perfect Workplace for an Informational Seminar on Commercial Real Estate

Are you interested in commercial real estate? Have you wondered what to look out for as a business owner when looking for a commercial property to lease? If yes, you are not alone, and we have you covered! Whether you’re looking to lease a new office, warehouse or a retail space, there are nuisances that must be considered before signing on the dotted line. Join us on October 6th, 2018 as My Perfect Workplace teams up with one of the largest serviced office space providers in the country to provide you with an overall introduction to Los Angeles commercial real estate and what to consider as a commercial renter. There are many things to consider when searching for an office space. For instance, determining what kind of office is appropriate to accommodate your unique business is among one of the important factors to consider early on. From serviced executive suites and flexible co-working space to conventional long-term spaces, there’s usually one type that is most practical and/or cost effective. What may work for an established business may not necessarily work for a startup. Another important factor to consider is the type of lease that is most appropriate – some lease terms include all costs within the asking rent, while others require tenants to cover some or all other additional costs out of pocket like insurance, facility services, utilities, etc. Once these details have been considered, navigating through the provisions of a lease agreement is another plight to get through, especially for those who are inexperienced or unknowledgeable in commercial real estate leasing. My Perfect Workplace’s very own Sam Setyan will lead the discussion in the important factors that every commercial renter ought to consider before signing their next long-term lease. Sam Setyan earned his bachelor’s degree from UCLA and earned his J.D. from Loyola Law School, focusing on real property and transnational law. Practicing real estate for over six years, Sam has been a California Real Estate Broker since March of 2012 and has brokered transactions totaling over 14 million dollars. It’s safe to say that one of the industry’s best will be guiding you through the do’s and don’ts, and pros and cons. Sam’s reputable career has allowed him to expand his knowledge through an array of office markets, providing clients with much more than just a broker to close a deal. Utilizing his years of experience and legal knowledge, Sam advises clients during every facet of business creation and every step of the leasing process. My Perfect Workplace specializes in leasing commercial office space all over greater a Los Angeles, San Francisco, and other urban cities like Portland and Seattle. You don’t want to miss this incredible seminar by an industry leader. This is the perfect opportunity to get insight from an experienced commercial real estate broker, get informed on what you should and shouldn’t consider when searching for office space, and ask the questions that you’ve had about your commercial real estate needs. Details: Saturday, October 6, 2018 12:00pm – 2:00pm Regus Office: 117 E. Colorado Blvd, 6th Floor, Pasadena, CA Space is limited so early RSVP is strongly encouraged. Please RSVP by emailing us at info@myperfectworkplace.com or joining our Meetup Event. We look forward to seeing you there!

[myperfectworkplace]

The #BayArea is a highly sought after business market but it shouldn't be hard to find #officespace for your team. From small to large, we can help you find what you need! Call us today to tour available #sanfrancisco office space for rent: 888-518-9168 (at San Francisco, California) https://www.instagram.com/p/BoKMmXqhn3w/?utm_source=ig_tumblr_share&igshid=9acu52l3trq0