74 Looking for a Lease
It was noon, and Michael found himself at Jollibee, the renowned fast-food chain in the Philippines. Located conveniently close to the Philippine Stock Exchange Tower, it was the perfect spot for a quick al, especially since he had skipped breakfast in the rush of the morning.
The restaurant was bustling with activity, a common sight given its popularity and the lunch hour rush. Michael made his way to the counter, scanning the nu briefly before placing his order. He opted for a classic al—a Chickenjoy with rice and a side of gravy, paired with a soda. After receiving his order, Michael found a table near the window that had a view of the car park. There his eyes were on the RAM TRX 500. No matter how many tis he had looked at it from different angles, the pickup was just beautiful and aesthetically pleasing. Then before he could even take a bite from his juicy chickenjoy, his phone rang. Michael glanced at the na of the caller and it was Antoinette.
Michael quickly answered the call, balancing the phone between his shoulder and ear as he prepared to finally enjoy his al. "This is Michael." "Michael…I just read your ssage. Are you going to lease that office space at the Philippine Stock Exchange Tower? Why bother? I still have office space in my building, I can take you in."
"It would be too much to impose, Antoinette. Plus, having our own space at the Philippine Stock Exchange Tower could offer SolaraTech more visibility and credibility, especially given its pri location," Michael reasoned. "And I don't want to rely on the investors too heavily at this stage. It's important for SolaraTech to establish itself independently."
"I get where you're coming from, Michael. Just rember, the offer stands if you change your mind. It's always good to have options," Antoinette replied.
"Thanks, Antoinette. I'll definitely keep it in mind," Michael said, grateful for the offer and the flexibility it provided. "I'll let you know what we decide after I check out the space. I'm going to end the call now," Michael responded, ending the call. He finished his al, gathered his things, and made his way out of the restaurant. Michael approached his RAM TRX 500 parked in the lot and hopped inside. The drive to the Philippine Stock Exchange Tower was short, and as soon as he arrived, Michael was imdiately stopped by the security guards. They used a mirror to check the underside of his vehicle, a standard security procedure for vehicles entering the premises of such an important financial institution. Michael understood the necessity of such asures and patiently waited for the security clearance.
After the security check, the guard knocked on his window, prompting Michael to pull it down.
"What's the purpose of your visit?" The guard asked.
"I have an appointnt with Servcorp, about the office leasing," Michael responded, unlocking his phone to show the email confirmation of his appointnt to the guard. The guard took a brief look at the screen, nodding in acknowledgnt.
"Alright, Mr. Reyes. You're cleared to go. Please proceed to the visitor parking on level B2, and you can take the elevators to the 12th floor for Servcorp offices," the guard instructed, handing back the phone.
Michael thanked the guard and drove towards the designated parking area. After parking his RAM TRX 500, he made his way to the elevators. As he waited for the elevator to arrive, he imagined himself having his own skyscraper as the main office of his corporation. It has been far, but it's still far from where he wants to be. Michael's thoughts wandered as the elevator dinged, announcing its arrival at the lobby. Stepping inside, he pressed the button for the 12th floor, the doors closing with a soft whoosh.
Upon arrival, he was greeted by the receptionist at Servcorp, who confird his appointnt and asked him to wait in a sleek, modern waiting area.
A few monts later, a well-dressed individual approached Michael, extending a hand in greeting. "Mr. Reyes, I'm Alex, your leasing consultant for today. Shall we discuss your requirents and how we can best accommodate SolaraTech here at the Philippine Stock Exchange Tower?"
"Yes…please show around," Michael responded, following Alex into the corridor. "We have several options that can cater to your needs, ranging from small executive suites to larger, open-plan offices. Each space is fully serviced and cos with high-speed internet, state-of-the-art telecommunication systems, and access to eting rooms and business lounges," Alex explained, showing Michael through a series of offices.
Michael was impressed by the sleek design and functionality of the spaces. Natural light flooded through large windows, offering stunning views of the city skyline. It would be a beautiful view at night. "Okay, I'm looking at about 50 to 100 people working in the office," Michael began. "And there will be different departnts, such as engineering, marketing, HR, and finance. We need a space that can accommodate these teams and provide areas for collaboration and private etings."
Alex nodded, understanding the scope of Michael's requirents. "For a team of that size, I'd recomnd our larger office configurations. They co with modular workspaces that can be customized to fit your team's needs. Plus, we have several eting rooms and conference facilities that you can book as needed."
They continued the tour, with Alex showing Michael a specific office space that seed to tick all the boxes. The office was spacious, with an open floor plan that could be divided into different work areas. There were also several small eting rooms and a larger conference room, all equipped with the latest AV technology.
"What about the lease terms?" Michael inquired.
"We offer various lease terms, from short-term to multi-year leases. Given your situation, a flexible lease might be best. We can start with a one-year lease with an option to extend or expand, depending on how your company grows," Alex suggested.
"That sounds like a plan," Michael agreed, pleased with the proposition. "How much are we looking at in terms of costs?"
Alex pulled up a docunt on his tablet, outlining the pricing structure for the office space Michael was interested in. "Given the size and the anities included, the monthly rent would be in the range of 1,312,500 pesos, which includes access to all common areas, utilities, and our IT infrastructure. Additionally, there are flexible options for adding more space or services based on your company's growth." "1,312,500 pesos for a year? Well, that's not bad," Michael said and continued. "Let's proceed with the paperwork then."
"Excellent choice, Mr. Reyes. I'll prepare the lease agreent and give it to you later," Alex responded, extending his hand for a handshake. Michael shook his. And the system notification popped up again, notifying him that the mission for finding an office was completed.
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