What does the term Commercial Space mean?

What does the term Commercial Space mean?

“Commercial Space” defines office space within any real estate property that is not residential. Within the commercial space nomenclature, there is a large number of categories that have nothing in common with each other.  For example, medical office space has nothing in common with retail office space or a showroom that imports new drapery fabrics from France. However, they all require commercial properties to operate and house their businesses.

Are You Looking for Commercial Space in Manhattan?

For 17 years, Metro Manhattan Office Space has been successfully representing tenants of all sizes in their search for commercial office space in Manhattan. To learn about available office spaces, call us at (212) 444-2241 or email us at [email protected].

Many Commercial Real Estate Categories

Manhattan offers a large diversity of commercial real estate for lease or purchase, yet this city can accommodate just about any business you have. Are you an art dealer and need a street level retail gallery space near to a museum? Are you a physical therapist, a psychiatrist or an art dealer? Are you a private equity firm, an investment bank or a tech start-up? Metro Manhattan Office Space has helped a large number of companies find commercial office space for internet companies looking for office lofts, showrooms for menswear manufacturers, and medical space for psychiatrists and therapists.

What Kind of Commercial Space Does Your Business Require?

Many accounting firms prefer conservative office space; advertising agencies prefer “arty” lofts and open plan space with high ceilings; legal services firms want conservative office space that can be anywhere but many prefer to be downtown near to City Hall and the court-houses. Financial services firms value traditional office space in white glove Class-A buildings reasoning that their wealthy appearance will make it easier to attract high-end clientele. Not-for-profits tend to look for office space that is basic and budget-minded. Internet related businesses in Manhattan are booming.  They enjoy hip, classic loft spaces in former factory buildings and warehouses and are moving to Midtown South, an area now known as Silicon Alley. And for public relations agencies, they prefer loft space with high ceilings, style and an abundance of natural light.  Working in this type of environment might sell a potential client on the agency’s creativity!

Have a Little Imagination and Let Your Landlord Upgrade For You!

Unlike residential properties where you often hear… “bring your toothbrush—move-in condition,” it’s rare that you’ll find a commercial space that is ready for use. You may find a property of the right size at a desirable location, but if there was business previously occupying that space, chances are that it needs a bit of work. Your landlord knows that in order to lease or rent this space, they need to call their contractors and get ready to invest in upgrades and renovations.

Landlords may not always agree to pay 100% of your build out costs, but your experienced tenant rep broker will do everything possible to get for you the greatest allowance.