Signing First Lease? Don't Be Afraid.

BOISE, ID-Nearly every start-up begins in a garage, basement or home office.  Some of today’s largest technology companies fall into that category, including Google, Apple, Hewlett-Packard and Amazon. But, at some point hopefully, the start-up outgrows its humble beginnings and needs to lease office, retail or storage space in order to meet consumer demands. So says attorney Matthew Purcell, who exclusively spoke to GlobeSt.com on the subject.

The attorney in the business practice at law firm Perkins Coie LLP, located in the Boise, ID, office, says that a start-up can either find the right space itself or engage a commercial real estate agent to help it with the search. “It seems simple enough; after all, every company needs space and the basic terms with the potential landlord are straightforward, such as amount of space, length of term and rent,” he says. “However, it is once the basic terms are agreed upon and the landlord provides the proposed tenant with a lease agreement for the new space that most entrepreneurs breathe a deep sigh of exasperation.”