Tenant Representation
What is tenant representation?
Businesses that negotiate a lease directly with the landlord’s broker put themselves in an unfavorable position because the landlord's broker has a fiduciary duty to serve the best interest of the landlord. Tenant reps work on behalf of the tenant to negotiate more favorable terms than would likely appear if the business negotiated directly with the landlord's broker. Our loyalty is to the tenant and our services are normally covered under the terms of lease meaning that we can provide our expertise at no additional cost to you. 4 Step Search & Transaction Process
Step 1. Analysis of your office space, industrial, showroom, high tech, flex space or retail/store requirement:
- Your Priorities
- Your Budget
- Your Agenda
Step 2. Selection of office space, industrial, showroom, high tech, flex space or retail/store that meets your specific needs:
- Listing research and survey reports
- Property Selection
- Site Tours
- Site Review (lay-out, electrical, telecom, HVAC systems, security, lobby, common areas)
- Financial Projections
Step 3. Negotiation of the best lease, sublease or purchase terms
- Base Rent (applicable for leased, sublease & executive office suites)
- Free Rent Concessions (applicable for leased space)
- Build-Outs (applicable for leased space)
- Escalations (applicable for leased space)
- Electric & HVAC (applicable for leased & subleased)
- Renewal Options (applicable for leased space)
- Purchase Price (applicable for purchase of commercial building, commercial condominium, retail space and land).
Step 4. We assist you with construction and move in process
- Architectural Design
- Cost Estimating
- Construction Management
- Telecommunication & Computer Network
- Move in Planning