Your Guide to Commercial Real Estate

• Moving to new offices involves a large number of decisions and considerations. Beyond making the initial decision to move, a variety of other questions will arise: Where should we move? When? How big an area do we need? Should we buy or rent office space? How will the transition affect relationships with customers, suppliers, and employees? How will the logistics of the move be managed and by whom? This can include sorting, packing, transporting, unloading, organizing the new office and work stations, hooking up computers, installing electrical equipment, and setting up the cabinets, shelving, furniture, and more.

  All in all, it can be a major headache. But moving to new offices is also a wonderful opportunity to gain offices that are perfectly adapted to your business’s values and needs, both today and tomorrow.

Wondering if you should stay or go? The decision to move is a complex decision on both a personal and professional level, but there are various circumstances in which it is worth giving a move serious consideration:

• The number of employees has increased, or is expected to increase, and the current office space is too small.
• The current office space no longer suits the company’s line of business or the way you want customers to perceive you.
• The location is not convenient enough for your employees, suppliers, or customers.
• The infrastructure at the current location is not suitable for the evolving needs of the business.
• Resource consolidation – over the years you have added many “temporary” fixes and now your offices are located on different floors, in different buildings, and even in different cities. Moving to new offices that enable the whole organization to work together in one location could be a solution that is worthwhile considering.
• Your lease at the current property has ended, or is about to end, and you are not able to / do not want to extend it.
• Your business is located in an outdated building that requires significant investment in renovation and maintenance, in terms of both financial resources and time (working days, management resources, etc.).
• Expansion in your business activity or, alternatively, streamlining or downsizing processes.
• You have reached a natural stage in the evolution of the organization.
• Future expected growth or shrinkage.
• Incompatibility – your offices do not reflect the company’s values, corporate culture, or the image you want to convey.
• Employees are not satisfied with the office conditions, services, or location (access to public transport, parking issues, etc.).

When moving to new offices or a new commercial complex, one of the most important and complex decisions is the choice of location. Here we have gathered several issues you should consider before coming to a decision:

• Distance – It is important to take into account where your employees live when choosing a location for your new offices. The more staff you have, the more difficult it is to move away from major cities, because the location must be attractive to a large number of employees. On the other hand, those companies that do decide to move out of the central region are often able to hire high-quality staff at a generally lower cost.
• Cost – Due to high demand and high occupancy rates of offices in Israel’s central region, office prices and rents in city centers and the most in-demand industrial areas (Ramat HaChayal, the Bursa, Raanana and Kfar Saba business districts, Rehovot Science Park, etc.) continue to rise every year. This is why many companies are electing to leave the central region and establish their headquarters in areas where they can enjoy larger and more modern new offices at significantly lower costs.
• Taxes, Fees & Tax Benefits – Local taxes can be a major expense for businesses, especially in the case of large companies that require thousands of square meters of office or logistics space. It is therefore vital to check local tax rates in advance, when considering relocating to other cities. In most cases, you will find that the further you get from the central region, the lower the tax rates will be. You may even be able to enjoy tax benefits in certain areas where the government wants to stimulate growth.
• Accessibility, Traffic Jams & More – Accessibility is a make or break factor for your office location, for employees, customers, and suppliers. When employees have to deal with traffic jams that amount to 3 hours of commuting every day, their wellbeing, satisfaction, and efficiency suffers as a result.
• Ease of access to public transport, the train, and the light rail.
• Parking – Parking solutions for employees and visitors.
• Proximity to Customers, Suppliers & Infrastructure – Ask yourself how important it is to be close to your customers, your suppliers, or other services and required infrastructure. This can be a major factor in deciding where to locate your new offices.
• Attractive Work Environment for Employees & Customers – A stylish modern complex with a pleasant atmosphere, close to a mall, shopping center, or commercial boulevard (stores, cafes, restaurants), gym, pool, park, and so on, will help your employees feel more satisfied and spend less time on the road, and more time at work. For your customers, offices that reflect the nature of your business and position it correctly will become an important, inseparable part of your image, as well as playing a significant role in their decision to do business with you.
• Municipal services provided in the city you are considering.
• Image & Promotional Considerations – A location, such as a busy intersection or main road, can be a competitive advantage and enable promotion through prominent signage. Alternatively, a location in a successful commercial center or on a bustling street can promote interaction with customers for stores, service centers, and restaurants.
• Think About the Future – Options for the future are another important consideration when selecting your new location. Do you have the space to expand if you want to do so in the future? Is this an area with growth potential? When you want to sell (if you own the property), will you benefit from price increases in the area?

Unlike residential apartments, business properties (like an office in an office building, a store in a mall, etc.) are usually handed over to the owner or first tenant at the shell or “vanilla box” level, as a single bare concrete space without internal divisions.

Finishing and customization includes, among other things, internal divisions, plaster walls, ceilings, flooring and wall coverings, electrical systems (A/C, elevators, lighting, etc.), carpentry (partitions, doors, etc.), welding, paint, and more. These works, which are usually performed by the buyer or tenant, enable the property to be adapted to suit various purposes, such as an office, shop, or clinic, and are not included in the price of the property.  

The advantage of purchasing or renting a property at the “vanilla box” level is the ability to adapt the property to your exact needs, such as the number of employees, business needs and goals, budget, and personal taste. However, this also means that the day you receive the key to the property is also the beginning of a long and arduous journey that also involves many other professionals (architect, interior designer, inspector, fitout contractor, switchgear contractor, lighting contractor, plaster contractor, etc.). Naturally, this entails dedicating substantial management time and resources to the process, making endless planning, design, and professional decisions, and supervising all of the construction and procurement processes until their long-awaited completion. In the absence of the necessary experience and capabilities, this journey can have major implications for both budgetary and schedule deviations. It is therefore important to select a fitout and customization company that will provide the perfect office space adapted to your needs and budget, in the fastest time and with minimal effort on your part.                             

Moving to new offices is a process that involves a large number of decisions. Once the initial decision to move has been made, other considerations inevitably arise: Where should we move? When? How big a space do we need? Should we buy or rent? Thousands of decisions will have to be made in order to achieve the perfect offices, which suit your unique business personality and type, your needs and wants, and how the new location can support your business goals in the optimal way. This includes everything from the delicate balance between open spaces and meeting rooms, through deciding on the ratio between work stations and public areas, or debating between a clean, elegant design and a more conceptual, fashionable, or branded space, all the way to the most basic decisions about carpet color or the length of the meeting room table.           

Even after all these design decisions have been made, the journey is still just beginning. You still need to select the right partners and suppliers to join you on this journey, coordinate planning and implementation between dozens of parties (property owners, consultants, planners, contractors, suppliers, etc.), supervise the customization and fitout work down to the last detail, purchase various items ranging from office furniture and equipment to the smallest fixtures, and handle the hugely complex process of transferring hundreds (sometimes thousands) of employees from the old offices to the new ones.

While most companies in this field offer you one service or another, but do not take responsibility for the entire A-Z process, Tidhar is one of the only Israeli companies that is able to provide the perfect business space in every aspect: from the program stage, through the architectural planning, permit procedures, construction, formulation of office design concepts and plans, coordination of all building systems, interior design, exterior development, construction adaptation, and top-quality implementation, to the level of furnishings and logistical solutions for the move, including dismantling, packing, and transporting office fittings and equipment, and preparing them in the new offices for the arrival of the employees.

Confidence, reliability, prestige, innovation, groundbreaking solutions, excellent service, or creativity – no matter what message you want to convey to your employees, customers, and suppliers, your office design plays a crucial role in its expression and absorption. After all, this is the modern competitive era where the office is our second home, the center of our commercial presence, and the main location where our employees, customers, partners, and suppliers come into contact with our brand.

In the past, companies could be content with planning offices or commercial spaces based on purely practical considerations. Today, however, companies invest huge capital and tireless efforts in planning a work and business environment that supports a brand. The space faithfully expresses the brand and its core values, creating an experience that affects how people perceive the entire organization.   

The work environment therefore plays a key role in the competition for the hearts and wallets of potential customers and partners, as well as, no less importantly, for the hearts and loyalty of our employees. The office space is an integral part of the recruitment process, as it is directly connected to the company’s values and corporate culture, and to employee satisfaction over time, keeping staff fully engaged, productive, and efficient.

Meticulous interior design, precisely matched to a clear definition of business needs and goals, and closely connected to the brand language, is a powerful tool that enables companies and organizations to express their unique identity, including their values, strengths, and culture.

Finishing details, such as colors, textures, materials, furniture items, lighting, special carpeting, wall decals, plants, wallpapers, design styles, and other unique elements are just some of the ways in which a business space can be “dressed up” so that it works in complete synergy with the brand’s values and goals, reflecting and enhancing them.

Planning, designing, and building a new office is an extremely important undertaking, as it has a direct impact on all aspects of the business. Office planning and design affects employees’ feelings and productivity, as well as customers and visitors, brand perception, decision-making, effective management ability, and, as a result, business revenue.

A work environment that’s designed to be both functional and comfortable is one of the most important parameters when increasing efficiency, boosting motivation, and making the right impression on guests and clients. The “correct” design is the design that works for you, improves the experience of employees and customers, and thereby enhances productivity and profits.

Your offices should reflect the company’s character and spirit, while meeting your exact needs. On the one hand, offices should be planned for comfort and functionality, so that they suit your current requirements, are appropriate for various roles within the company, and generate positive synergy between them. On the other hand, the design also needs to convey the right messages, considering the type of company and its field, in a manner adapted to its individual character, the products or services it provides, and its target audiences. Basically, there is no “one size fits all” template here. Each office design should be different and tailored exactly to each company’s measurements.

Tidhar offers a unique package that brings together initiation, planning, and construction services all under one roof for a variety of business, commercial, industrial, or logistics buildings, designed and constructed for a specific customer (usually large companies) and intended for long-term leasing. This unique package enables you to enjoy a conventional rental structure with up-to-date planning, perfectly adapted to the current and future needs of your business.

Tidhar owns an excellent selection of industrial, office, commercial, and logistics spaces with a total area of approx. 365,000 sqm in central locations in Israel and overseas. These properties enjoy high occupancy rates and house the country’s top market leaders. We invite you to join the hundreds of businesses that have already chosen Tidhar and find the next perfect location for your office or business.

Tidhar helps you take your business to the next level without investing millions of shekels in purchasing a new property. Our tailor-made solution enables you to lease a custom-built location that is precisely adapted to your needs for the years to come. This means you can save valuable resources that would otherwise be invested in land, construction, and property maintenance, and spread your building and moving costs over several years. At the end of the leasing period, you have the option to renew the agreement if the building still meets your requirements, or to move to a new location. Long-term leasing of a building designed and constructed in line with your business needs saves on the vast administrative and financial resources that would be involved in acquiring land and constructing a building you own.

The organizational, engineering, and management experience of Tidhar’s expert team, combined with the Group’s substantial size and extensive capabilities related to planning, permit acquisition, and construction, enable you to enjoy a variety of high-quality professional and modular leasing solutions. We will adapt the property to your precise needs while ensuring maximum savings in terms of your management resources, time, and money.

Tidhar Fitouts, the Tidhar Group’s finishing work division, specializes in commercial real estate and offers you a comprehensive solution package that includes coordination, planning, and implementation at the highest standards for all shell and finishing work – covering everything from the building systems and the design/construction work to the office furniture and equipment that will be ready and waiting for your employees in the new location.

The Tidhar Fitouts team has extensive experience managing complex, large-scale projects and completing them in record time. They are ready to support and guide you at every stage, until the day you move into your brand new offices.

If you want to avoid dealing with many different parties, it is best to work with one company that can handle the entire process for you from A to Z. Tidhar offers you a one-stop-shop solution covering every aspect of moving to new offices, so you can continue focusing on your work. Whether you’re renting or buying, the Tidhar team will support you with professionalism, skill, and full transparency throughout the entire process, from mapping your needs, through planning, construction, finishing, and the logistics of moving to the new offices, to full maintenance and management of the building for the entire leasing period (assuming the property is owned by us). We will go the extra mile so that the building you have purchased or leased offers the optimal conditions for your success.

Tidhar presents the ideal set of solutions for every need:

• Tailor-made solutions – initiation, planning, and construction of a commercial property in accordance with your needs, including locating land, defining the needs and program, managing the permit process, and performing the construction, fitout work, and occupancy process.
• Construction of office, hi-tech, business, and commercial complexes within the fastest schedules and to the highest standards, in full compliance with the defined budget.
• Class AAA offices for leasing/purchase in Israel’s leading business complexes.
• First-rate leasing solutions – your choice of long or short term.
• Adaptation and finishing works – fully adapting the property to your exact needs.
• Variety of logistical solutions for moving into the new building.
• Property management and maintenance for the entire period, with maximum flexibility and the highest quality standards.

At Tidhar, we make your satisfaction our top priority and invest the best administrative, logistical, and human resources in our uncompromising dedication to reliability and meeting all our deadlines, defined budgets, and commitments to you. To date, Tidhar has delivered more than one million square meters of commercial real estate, in the shortest timeframe and with the highest quality standards.

Tidhar’s unique structure and ability to operate across the entire value chain, combined with our advanced management, planning, and implementation methods, enables us to work very efficiently while maintaining continuity throughout the management and construction processes on various projects. This ensures we achieve the best results right on schedule, while maximizing the added value for us and for all of you.