As a business owner, you have to make a lot of important decisions. In your business plan, one of the most important decisions is determining if leasing a space for your office is better than buying a space. There are several benefits of leasing from commercial property managers in Calgary. Whether you are looking for a short-term rental period, long-term lease with options to renew, or targeting retail, industrial, or commercial space, a reputable property management company can guide you through the process.
Leasing space for your business is ideal if you are a small company just starting out or are changing the operations of your existing business. After you have discussed finances with a commercial mortgage brokerage company in Calgary, you will have an idea of your budget for business operations. Leasing a space will give you the flexibility to start small and grow as your business grows or change the direction of your established enterprise. When the time is right, you can opt to move from your current location into a larger or smaller building as your business needs change.
If you choose to purchase a space for your company instead of leasing, you may need to wait a substantial period of time before your building sells to free up the capital required to purchase a new building. Leaving your leased space behind to move to another location can be done quickly and easily through commercial property managers in Calgary.
When you want to stay on a budget, it is imperative that you know where your expenses are coming from. A leased premise allows you to know exactly the monthly costs for rent and operating costs. Simply put, you will be writing the same rent check every month. Generally, the building owner is responsible for any necessary repairs and maintenance necessary to keep the building in good condition. You don’t have to worry about calling a plumber or electrician if the water main breaks or the electrical panel shorts out. Be mindful, however, that this doesn’t apply to all commercial lease contracts. Always communicate with the landlord or commercial property manager to clarify what repairs are covered in the lease.
Purchasing a commercial building can be costly. You may not be in a financial position to put a substantial amount of money down to buy a place for your business. Whether you are a start-up or an established business, monthly mortgage payments can take a huge chunk out of your operating budget. Before speaking to a commercial mortgage brokerage company in Calgary, you should consider that leasing an office will keep those monthly payments manageable without putting unnecessary strain on your cash flow.
Do you know where your business will be in 5 years? If the answer is no, then now is a good time to start looking for a lease space from a reputable property management company. If your answer is yes, then commercial property managers in Calgary can find you the ideal lease space to set up shop!
If you’re looking for industrial property management services in Calgary, you’ve come to the right place. At CMS Real Estate Ltd. we offer management services for your industrial property to help alleviate the pressure and strain that’s often associated with operating a commercial or industrial facility. As a full-service industrial real estate brokerage, we provide […]
With more than 35 years of experience, our team of qualified mortgage brokers at CMS Real Estate Ltd. is on your side. We’ll ensure the purchasing process – from beginning to end – goes as smoothly as possible. Our industrial mortgage brokers have an immense comprehension of the market, its existing trends, as well as […]
Are you in need of commercial mortgage brokerage services? Do you reside in the Calgary area? If so, you’re in the right place. CMS Real Estate Ltd. is a commercial mortgage brokerage company in Calgary – our team of commercial mortgage brokerage experts have been serving Calgarians for more than 35 years. Here’s how we […]
The city of Calgary is a hub for innovation. Its oil and gas sector has made Alberta a leading force in Canada’s economic growth. In addition to its picturesque surroundings, Calgary is a desirable city with attractive business growth opportunities. Diverse commercial locations make it a choice destination for local and multinational organizations seeking to […]
Our team at CMS Real Estate would like to wish you a festive holiday season and a happy new year! We appreciate your support and loyalty this past year and we look forward to continuing to serve you in 2022! As a Calgary-operated business, one of our great joys is being able to serve Calgarian […]
According to Costar’s 2021 Year In Review Report on Canada’s industrial sector: “Comparing to other major markets in Canada, Calgary’s industrial rents are considered to be good value, and will remain so as Calgary works toward positive rent growth, achieving this in 2022 across all industrial building types.” Whether you are purchasing, selling, or leasing […]
© Copyright 2022 CMS Real Estate Ltd.