Glenn McDonald Appraiser & Realtor® - EVERYTHING YOU NEED TO KNOW ABOUT COMMERCIAL REAL ESTATE

How much parking is there every day? You really need to avoid prospective clients coming to your office and taking a while to find parking. Are meetings ever scheduled outside the office to get into a less cramped environment? Working in these cramped areas will drain employee morale and productivity as well. Feeling like a bunch of sardines crammed into too small a space will only distract them from working. You should avoid situations like this as quickly as possible. If you aren’t sure if this is a problem, simply reach out to your employees. They’re going to give you honest feedback here. If it is a problem, they will want to move to a bigger office. If it isn’t too small, they won’t want to move since that would just be unnecessary effort. A minimum of 40 square feet per employee is a good guideline as well. So if you don’t meet that, then it’s time to move. If you are expanding, moving and growing into a larger office space can help fuel that expansion and keep your company on a steady positive trajectory. You also can’t add any new talent if your office space is running low. Here are a couple of ways to realize whether you are running low on space: • Sick days are way up. Germs spread like crazy when everyone is working on top of each other. • There are more employee conflicts and complaints than normal. Just like siblings sharing a room, employees sharing close space could lead to bickering. • Meeting rooms are constantly full and booked up, or people are standing up during meetings. Another easy to notice sign. You may have multiple departments who 33

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