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Frequently Asked Questions


 



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Q.How much do the Locartis Business Center Services cost?
A.LBCS provides the center management service for a base management fee, plus incentive fees.

Q.What types of building are most suitable for the use as Locartis branded office centers?
A.LBCS partners with owners of high quality buildings in sought-after business districts that have existing blue chip corporate clients, but would like to add value to the building and reduce vacancy.

Q.How much space is required?
A.LBCS will work with the building owner to assess the potential of the building for the office center concept. Within this assessment LBCS will address the number of floors and floor space to be devoted to the business center, the layout and design and the target market for tenants. For owners with a portfolio of buildings, LBCS will identify the optimum solution for the owner's entire portfolio.

Q.Why do I need professional management?
A.The Locartis name represents the very best in the provision of high quality office space. The Locartis brand, along with the owner's prestigious office building, makes for a winning combination in the serviced office market, delivering year on year growth in occupancy and sales. Locartis has proven expertise in marketing the office center concept to top class tenants looking for the flexible office solution.

Q.What type of contractual arrangement will there be between the building owner and LBCS?
A.Typically the building owner and LBCS will enter into a management services agreement. This contract will detail the rights and obligations of both parties as LBCS operates the office on behalf of the owner. There may de additional contracts, for example a technical services agreement, depending on the nature of the services requested by the building owner. For those familiar with the hotel industry, the arrangement would be very similar to the operating agreements that firms such as Marriott and Hilton employ with the hotel building owner.

Q.How do we get started?
A.Please make contact with LBCS and to schedule a meeting to discuss the possibilities for a particular building. At the meeting we will present to you the office management services that LBCS offers and discuss with you your requirements going forward.