Tenants should be mindful of start-up costs when considering commercial lease relocation. Some expenses like the cost of the physical move and the IT set-up will become obvious line items in your budget. However, many less apparent expenses will present themselves throughout the transition itself. These items consistently cause companies to under budget. Therefore, Choyce Peterson has provided you with a list of potential costs to help better budget your relocation.

1. IT consultants for transition and setup planning
2. The cost of teardown and rebuild of furniture, in phases versus one-time (after business hours versus during the day)
3. Disposal and/or removal of any furniture, equipment, files, etc.
4. Packing, moving and unpacking files and equipment
5. Move Security and Closed Circuit TV system, which may include cameras and card readers.
6. Move signage and the cost of ordering new letterhead, business cards, forms, etc.
7. Move plant/water/coffee/vending machine (supply vendors move applicable equipment and set up in new space).
8. Move and reinstall sound systems
9. Move and reinstall artwork.
10. Install data and phone drops (this should be based on a “cost per drop” as well as a sense of how many drops a typical tenant should plan for; i.e. "1.5 drops per employee"
11. Balance sheet write-off (tenant to determine)