Completing or varying your lease documentation; commencing the full design process
Letter of intent
Once the particulars of a lease agreement are negotiated, both parties will sign a letter of intent. This document is generally not legally binding but is a gesture of good faith that terms have been agreed. When signed, this document will be used to brief attorneys so that the final lease documents can be prepared.
Workplace design issues
When a lease agreement is complete, the workplace tenant improvement process begins immediately. At this stage, you should have completed:
- Needs analysis
- Space plan
- Test fit
This will enable you to engage a designer, who may be the workplace designer, with accurate information regarding your requirements. The sooner a designer is engaged, the better the outcome.
It is vital that this stage is viewed as an investment in the organization’s future and not merely a tenant improvement. The development of work space should be directly linked with your organizational strategy.