How Long to Move Your Office?

Image via Wikipedia How long does it take to go through the steps involved in order to relocate your business to a new location. It should be pretty easy. One or two months should be enough, right? Just moving a few desk and some boxes.

In truth, it involves a good deal more. A tenant must evaluate their needs and perform a search of available properties, before then touring, negotiating, executing, and constructing the space. Then the move (could start to feel a bit harder than expected).

Timing - Some Rules of Thumb

Small Tenant 1,000 to 2,500 sf 2-3 months
Average Tenant 3,000 to 6,000 sf 4-6 months
Large Tenant 7,000 to 14,000 sf 6-9 months
Full Floor Tenant 15,000 to 25,000 sf 12+ months
Multifloor Tenant 26,000 to 75,000 sf 18-24 months
Lead Tenants 76,000 and up 24-48 months