Thursday 25 October 2007
Our NZ team is growing (hi Chris, Matt!) so we're searching for new office space. This is proving traumatic.
I got in touch with the operators of a building downtown. The location was perfect, terms agreeable, good space, everything looked fine, but then another prospective tenant came along and offered to sign a three-year lease; we can only sign for one year, so we lost the race. But then there was another smaller but still agreeable space in the same building where the tenants were delinquent, incommunicado and on the fast track to having their lease terminated. So we waited a bit more, and then on the very day their lease was to be terminated, the tenants reappear and want to carry on, so we lose again.
All this has happened at glacial speed so a couple of months have gone by without results. At least I know what we're looking for now (70-100 square metres, open plan, one-year lease, downtown) and a price range.
I've called a bunch of real estate agents and either they don't call me back, or they don't deal with offices this small, or they don't deal with one-year leases, or they offer me places which are totally hopeless. Yet I know what I'm looking for exists, because I've already found it on my own (almost)!
I found some listings on Trademe but they're mostly unappealing or stale, or direct me to real estate agents who don't call me back.
Today I wandered around my target area and noted down all the buildings that seemed to contain the sort of small leased offices I'm looking for. There are lots, about 18 actually. But only a few of them had contact information on display, and despite my best Internet search efforts, I'm unable to locate building management for the others.
I wonder how this is supposed to work. Are there real estate agents who are actually helpful? Is there a listing service or classified ad network that everybody uses, that I just don't know about? Am I deluded about the availability of the sort of space I'm looking for? Or does the market have the liquidity of granite?
I'd rather be fixing frame construction bugs!