Most potential tenants or buyers on the hunt for a commercial property to occupy generally know what they’re looking for.
Designing your property to attract tenants immediately but also have good utility to adapt to changing needs of tenants over time is crucial for success.
Let’s look at some of the most attractive design features:
Exterior aesthetics: The external appeal of a property is always paramount for a potential tenant, so a modern facade and landscaping that is sleek, clean, and well presented will be highly appealing.
Signage and visibility: Business owners need the ability to showcase their brand through adequate signage opportunities both inside and outside the property.
Space planning: Having open plan offers the opportunity for tenants to adapt the fitout requirements to their business needs, and effectively encourages them to create a space that motivates their typical business operations. In some instances, constructing ‘spec’ fitouts that can appeal to a broad range of office tenants is a good way to make it easy for tenants to move into a building without having to actively manage a fitout construction process.
Adaptability: As companies grow in staff and consumer demand, so do their business responsibilities. Having spaces that can be expanded or adapted to accommodate this growth ensures longer-term loyalty from tenants, and increased client satisfaction can be beneficial.
Interior appeal: Modern aesthetics are the most pervading trend in contemporary architecture, with minimalist designs the norm for most companies. Adhering to this choice allows tenants to add personality to the space if necessary, while also catering for those who prefer a simplistic approach.
Community and common spaces: Businesses thrive on community and positive company culture, and a fantastic way for property owners to support this is to create inclusive spaces. New office developments are seeing the inclusion of spacious break out areas, cafes, end of trip facilities, common spaces for conferences/meetings, wellness and fitness areas that can assist with staff attraction and retention for tenants.
Safety and security: Safety is crucial for any person, and especially for a successful business. Investing in surveillance cameras, secure entryways, and ample lighting in outdoor areas is highly likely to make tenants feel at ease both during and outside of business hours.
Broadway Property specialises in assisting with commercial property searches for tenants as well as assisting with development and asset management services, and can provide you with the knowledge to assist with tenant attraction and retention.