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Corporate Real Estate Advisors offers a full range of tenant representation services to ensure that you get the space you want and pay only for what you need. These services are all part of a process that must begin well before your lease expires.
Keep in mind that tenants negotiate a lease every 3 to 10 years. Listing agents negotiate leases every day. There is true value in having someone on your team with expertise equal to that of the agent—someone who will watch out for your interests and expertly guide you every step of the way.
Our Services
Corporate Real Estate Advisors provides the following services to our valued clients.
Needs Assessment
We will work with your management team, space planner, and real estate attorney to define your ideal space, including square feet, configuration, special requirements, and legal terms. We will bring in an architect, if you don’t have your own, to develop a preliminary plan to use in the subsequent search for space options.
Market Analysis
We will discuss with you the implications of current market conditions. Is this the time to purchase rather than lease? Should you relocate or renew your lease? There are continually shifting market factors at play in each scenario, and we will identify the pros and cons of each option.
Develop Options
We will determine the most efficient layout to meet your needs, along with the minimum requirements you will consider regarding any one option. Then, we will solicit offers via a request for proposal.
Selection
We will compare locations that fit your criteria from every angle to identify your very best options. By quantifying variables, we’ll help you establish the all-inclusive annual cost of each alternative and make a true “apples to apples” comparison. We will also conduct a test fit space plan in each of your semi-final choices—after all, quoted lease rates mean nothing until you know the exact square footage you will pay for in the space that meets your needs.
Negotiations
We will put leverage we created in the Develop Options phase to your great advantage. You will have two to three options at this point. We will strongly encourage you to maintain your neutrality regarding these options, at least as far as the potential landlords are concerned, so we can maintain a competitive environment in which to negotiate the best rate and terms with each individual owner.
Lease Signing
We will already have pre-negotiated your critical legal conditions during the initial proposal stage, so there should be no surprises at this point. Maintaining leverage is critical, so we will help you evaluate your final two options with completed leases in hand.
Construction Oversight
We make sure you get what you pay for. If the space solution involves a new buildout or a remodel, we will coordinate with the architect to monitor the work and ensure that no corners are cut in the transition from contract to construction.
Operating Expense Review
As part of the Selection step, we verify that the owner’s most recent operating expenses, as reported, are in line with expenses for similar properties. Since these expenses are recalculated annually, we will review them each year throughout the lease term for accuracy and competitiveness.
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Our clients always work with our principals directly. In addition, our fees are paid for out of the owner’s marketing budget, so you don’t have to go it alone.
Whether you want to relocate, stay put, or purchase commercial real estate, we will give you a competitive advantage by providing:
Experienced, professional representation in lease negotiations.
Comprehensive listings of available properties that fit your requirements.
Professional space planning expertise and construction supervision.
A good place to start is with a free consultation. We’ll discuss the ways in which the current market provides you with a variety of options for developing a strategy moving forward.