At Bell Works Chicagoland, we understand the pivotal moment every business owner faces when deciding to transition from a home office to leasing their own office space. It’s a significant step forward, signaling growth, stability, and a commitment to the future of your business. 

However, determining the right time to make this move can be daunting. To assist you in making this decision, we’ve compiled a list of key indicators that suggest it may be time to lease an office space for your business.

Key Takeaways

• Leasing an office can provide the privacy and professionalism your business requires.
• By leasing an office space, you gain access to a vibrant community of like-minded professionals, fostering collaboration, innovation, and growth.
• Amidst nationwide challenges in the office space market and a surge in overall vacancy rates to levels not seen in three decades, the leasing momentum at Bell Works Chicagoland is rapidly gaining traction.

1. Growing Team

If your team has grown beyond the capacity of your current workspace, whether it’s a home office or a shared coworking space, it’s a clear sign that it’s time to consider leasing an office. A dedicated space allows your team to collaborate more effectively and provides room for future expansion.

Bell Works offers “ready-to-wear” office spaces ranging from 1,000 to 3,600 square feet that combine convenience and style. These designer suites are move-in ready and have flexible leases, making it simple for your company to move in and get to work. 

Also, your office space can grow with you! Bell Works offers flexible options for companies that decide to expand. We are here for your company to thrive!

2. Need for Privacy and Professionalism

While coworking spaces offer many benefits, they may lack the privacy and professional image that comes with having your own office space. If you find yourself needing confidentiality for client meetings, phone calls, or focused work, leasing an office can provide the privacy and professionalism your business requires.

3. Brand Identity and Presence

Establishing a strong brand identity and presence is crucial for business success. A leased office space allows you to create a customized environment that reflects your brand values and culture. First impressions are incredibly important; your office space serves as a physical representation of your business, enhancing credibility and making a lasting impression on clients, partners, and employees. A well-designed space reinforces your brand’s image and fosters trust and confidence in your professional capabilities from the moment someone walks through the door.

4. Increased Productivity

Distractions can hinder productivity, especially in shared or home office environments. If you notice a decline in productivity due to noise, interruptions, or lack of focus, leasing an office space can provide a dedicated, distraction-free environment where your team can work efficiently and effectively.

While some business owners may view traditional office spaces as outdated, particularly in the wake of the pandemic, destinations like Bell Works Chicagoland offer a compelling alternative. Bell Works provides a multifaceted environment that goes beyond office space, encompassing retail, hospitality, wellness, dining, entertainment, and more. It’s more than just a workspace; Bell Works fosters opportunities for networking and social interaction, enriching the overall professional experience.

5. Long-Term Cost Savings

While leasing an office space involves upfront costs, it can result in long-term cost savings compared to the expenses associated with maintaining a home office or renting a coworking space. Lease agreements often offer favorable terms and flexibility, allowing you to budget effectively and allocate resources efficiently.

At Bell Works Chicagoland, we offer flexible short-term and long-term leasing options.

6. Community Engagement Opportunities

Many leased office spaces, including Bell Works Chicagoland, offer networking events, workshops, and community engagement opportunities that can benefit your business. By leasing an office space, you gain access to a vibrant community of like-minded professionals, fostering collaboration, innovation, and growth.

Office Space vs Coworking Spaces in Chicago: What’s the Difference?

Office spaces typically offer dedicated, private areas tailored to individual companies, providing autonomy and customization opportunities. These spaces are ideal for established businesses seeking a permanent base with full control over their environment.

Coworking spaces provide a dynamic, collaborative atmosphere shared among multiple individuals and companies. They are particularly attractive to startups, freelancers, and remote workers seeking a vibrant community and cost-effective solutions without the commitment of a long-term lease.

Bell Works Chicagoland offers different types of workspaces:

• Ready-To-Wear: Pre-built designer suites that are easy to lease and ready to occupy, with spaces ranging from 1,000 to 3,600 square feet.
• Colab: A perfect coworking space. We offer everything from opening coworking desks to private suites and dedicated desks to meeting room-only memberships. 

Understanding these differences can help businesses make informed decisions based on their specific requirements and growth objectives in the bustling city of Chicago.

Why Should I Lease An Office at Bell Works Chicagoland?

A workspace at Bell Works Chicagoland means so much more than a typical office setting. Here, you can escape from your desk to enjoy a sound healing session after a long day, play shuffleboard or ping pong on your lunch break, or meet at World’s Fair with your friends and family for a drink, live music, or trivia!

We also offer regular health and wellness days, featuring activities like yoga and group meditation to help to recalibrate work-life balance. 

But wait there’s more…

• Flexible short-term to long-term leases
• From a desk for one, to an office for 5,000 employees
• Move-in-ready office spaces 

Last summer, Bell Works Chicagoland leased more than 80,000 square feet of office and retail space. Amidst nationwide challenges in the office space market and a surge in overall vacancy rates to levels not seen in three decades, the leasing momentum at Bell Works Chicagoland is rapidly gaining traction. We offer flexible office spaces for many different types of businesses!

Contact the Best Office & Coworking Spaces in Chicago Today

If you resonate with any of these signs, it may be time to explore the possibility of leasing an office space for your business. At Bell Works Chicagoland, we offer modern, flexible office solutions designed to meet the diverse needs of businesses at every stage of growth. From private offices and dedicated desks to meeting rooms and event spaces, we provide the infrastructure, amenities, and support you need to thrive. 
Reach out to us today or check out our 3D office space virtual tours and discover how leasing an office space at Bells Works Chicagoland can elevate your business to new heights.