Hi everyone, I am curious about what kind of basic lease structures you all have (or had when starting your spaces). There's a space I'm interested in, and I can get a very good rate ($10/sq ft/yr, gross) for 18 months, but the landlord will not give me any kind of renewal options... which means I could get booted from the space after a year and a half. Right now it's the only compelling location on the table. Since I'm trying to incorporate child care into my plans, the space requirements are much tricker than for straight up coworking; I've been searching for a building since March and haven't had any luck yet.
The landlord will pay for installing 2 bathrooms and a kitchenette (a bare minimum to start up the space). The only other work I'd really need to do is painting and installing some new lighting. There's another floor that I would love to expand to if all goes well (another 5,000 sq ft with 3 bathrooms and a kitchen)... but there's no guarantee that I'll be able to do so. My real estate agent doesn't recommend doing it - she says I'm too exposed to risk with this deal. Wanted to hear all of your thoughts... Thanks! *Aliza Schlabach* Founder Coworking for Parents (soon to be "Juice Box") www.CoworkingForParents.com <[email protected]> 215.858.4658 Sign up for our email newsletter <http://www.coworkingforparents.com> | Join our Meetup group <http://www.meetup.com/CoworkingForparents/> | Like us on Facebook <http://www.facebook.com/CoworkingForParents> -- You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
