Reach millions of companies moving in next six months(1) Reach Users When They're Ready to Purchase
Company moving triggers massive spending. Relocating companies spend average of $325,000 on average move(2) within three months.
Relocating office tenants represent one of the single greatest economic impacts in the economy. The average 13,000 sq. ft. relocating company spends in the three month period of their move a range of $10.00 to $40.00 per sq. ft for business furniture, computers & equipment, telephones, moving companies, printing, plants, etc. or between $130,000 and $520,000. Construction costs average $325,000.
EXAMPLES
A 30,000 sq. ft. tenant may sign a ten year lease for $7,350,000; and spend an average of $750,000 for business furniture, computers & equipment, telephones, moving companies, printing, plants, etc. within three months to relocate 120 people (5). Construction costs average $750,000.
A 4,000 sq. ft. tenant may spend an average $80,000 for business furniture, computers & equipment, telephones, moving companies, printing, plants, etc. within three months to relocate 16 people(5). Construction Costs average $100,000.
Relocating office tenants also typically exponentially increase their rent costs as they typically simultaneously increase their square footage by 20% and their rent by 15%; and increase employees by 15% within a year of the relocation.
Office tenants occupy over 43 billion square feet(3). The average lease size is approximately 13,000 sq. ft.(2) with the average rent across the US is $24.50/sf (4)equating to an average rent per year per average tenant(5) $318,000. Five year leases require an obligation of over $1.5 million.
In addition to relocation aspects such as business furniture, computers & equipment, telephones, moving companies, printing, plants, etc., OfficeTenant.com also engages ongoing tenants who face occupancy elements including temporary employees, periodicals, corporate art, insurance, marketing, website services, office supplies, executive search, relo service, landlord disputes, legal services, HVAC, janitorial, landscape, waste hauling, property maintenance, etc.
DEMOGRAPHICS
The rich content of OfficeTenant.com is targeted to:
Economic Buyers. Decision makers are typically economic buyers (rather than technical buyers); typically college-educated, career-trained, long-term employees or executives with direct control and approval of large administrative and capital budgets. Economic buyers are the influencers in the client's organization. This is the person who gives the final approval for the buy. They have direct access to funds; releases the funds, and have veto power over the deal. For major projects, the economic buyers are almost always in an upper echelon management.
The rich content of OfficeTenant.com is not targeted to:
The Technical Buyer: whose role is to screen out or disqualify a vendor's offering. They focus on specifications, and function as gatekeepers: They can't say yes, but can say no.OfficeTenant.com targets the economic buyer.
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