Has the thought of creating a unique office environment in a loft ever crossed your mind? Over the past few years, I’ve helped quite a few commercial tenants find just that. The type of space that you envision every tech start-up company working in. Open layout, no cubicles, exposed brick walls, bean bags in the corner.
Downtown, Deep Ellum, and the Design District are the only neighborhoods in Dallas (that I’m aware of) that have this type of unconventional office space. The kind of thing you won’t find on loopnet. I’ve found places for designers, hair dressers, photographers, contractors, entrepreneurs and tech companies, including Send Inc., Aquabar, MKDunn Studios and Margo West Bridal Alterations.
Here’s some pictures of mixed use lofts we’ve worked with in the past:
So what are some advantages to leasing a mixed use loft for your office?
- Short contracts. You usually can’t lease anything over 12 months. This wont suit everyone, but if you’re a budding start up and don’t want to get stuck in a space that you may grow out of 1 or 2 years in, this is a huge advantage.
- The space is ready to go. The process is just as simple as moving in to a new apartment. Setup electricity, internet & water bills and get to work. If you’ve ever had to deal with getting a Certificate of Occupancy, Inspections, etc. you know how much time and money can be poured into the moving process.
- Competitive advantage when hiring. Impress your hiring prospects with an office environment they won’t find anywhere else.
- Most management companies allow you to build-out the space as needed. If you need to throw up a couple of walls, build an office in the corner, etc. This can be done quickly. You won’t have to worry about hiring approved contractors and jumping through hoops. This is great for the DIY type people out there.
And the Disadvantages?
- Limited to certain types of businesses. If your business has over 20 employees, uses heavy (or loud) machinery, needs retail or street exposure, etc. a loft probably isn’t the right fit.
- Lofts usually have high ceilings and lots of windows, so sound carries. The sound will bounce around, and it can be louder than your average office.
- Limited Parking. Remember, there won’t be a parking garage attached to the majority of these spaces. Sometimes special arrangements can be made if the space is big enough, but it will be difficult for larger offices.
If you have any questions about whether or not a loft could work for your next office, feel free to give us a call at 214-233-6455 or submit your request to our contact form and we will be in touch!