Office Space

In this fast expanding office market, where inequalities between supply and demand have become distinct, there are both threats and opportunities to be aware of. Whereas landlords are under growing pressure to provide the optimum office product at the most competitive rental rate, tenants are facing an extensive selection process in what is a much larger (and more diverse) office market.

Forton’s Office Space Team can advise and represent you in meeting your office space needs. We operate day-to-day in the local market and are constantly in touch with both landlords and tenants. Further, to improve the quality of our outcomes, we have developed effective methodologies for tailoring and finding the best solutions for clients.

In our implementation approach we have clear goals in mind. From a landlord’s perspective – we want to make your office space leasable and then promptly occupied by a quality tenant. From a tenant’s perspective – we want to find the right office premises for your needs – matching your size, function, budget and company image – all with the aim of improving the functionality of your business.

Landlord Representation

Our team does not rely on blind luck when we start working with you. Whether you are developing a project or are an owner of an existing building, we ask for your project’s complete specifications from the onset. Our checklist is lengthy and covers; space arrangement, technical installations, car parking spaces, desired tenant profile, expected rental rates and many other key details.

With the checklist in hand, we then benchmark your project against the top market standards and advise on any improvements. In the meantime, we gauge your desired tenant profile and rental rate objectives against the background of existing competition and market conditions.

Having turned your project into a fully marketable product, we move on to sale strategizing. We identify the project’s core advantages and they become the backbone of our leasing strategy targeted at potential tenants.

Direct marketing is the final step of the process – contacting and promoting your offer to would-be tenants. Our team does not relent until we achieve 0% vacancy.

Tenant Representation

If your business is growing or optimizing, if your key subcontractors or clients have changed location and you want to remain nearby, or if you think the rent levels and charges you are paying are higher than the going market rates, then it may be time to review your tenancy contract.

Our Office Space Team can analyze all aspects of your rent review and much more. We can inform you on the building’s grade specifications, functionality improvements and the current and projected rent levels over the next 6-to-24 months.

Our ’stay versus go’ analysis begins with an inquiry into your business needs. We need to understand your growth strategy, staff headcount, building location, specifications, car parking requirements, the rent and service charges you are paying and your proximity to amenities and public transportation. In this way, we take a snapshot of your current position. We then compare it to your wish list which is based on your future desired real estate position.

Equipped with this information, we then draft an availability report. This targeted and detailed listing describes all of the available and relevant office options and contains our recommendation for the best offer.

Once you select a shortlist of your preferred locations, we move onto negotiations with your current and prospective landlords. The landlord which offers you the best combination of rent levels, location and quality of space will be the one we approach with a draft tenant contract. All you have to do is give the go-ahead, approve and sign your new office lease.

Should you have any questions, contact Vladislav Kaizerov on: vkayzerov@forton.bg or +359 2/ 805 90 76