Tenant Rep (Aquisitions)
When it comes to select and negotiate for space especially in a market where lack of transparency is notable, there is no question that a good tenant rep will not only save you money, but will also make sure you don’t make any critical mistakes. After labor costs, property leases is most of the times the most expensive line item and decisions you make will have an impact on your company’s profitability. Market knowledge is a key ingredient in which a qualified tenant representative can make a big difference. Having a grasp on asking rates versus deal rates and incentives available is important to make sure you get the best terms available.
Our services cover:
New leases - Lease renewals - Market reviews - Lease surrenders - Lease renegotiations - Strategic Planning
Whether you wish to remain within your existing premises or relocate to new premises, our team will guide you through:
· How much space you require
· Assist you in finalizing a complete brief including company’s expectations
· Stay versus go analysis
· Identifying longlist of alternative options and off market potential deals
· Inspections
· Incentive strategies
· Negotiations to final lease execution
· Receipt of Board approval
· Assisting in contract drafting
· Close out report