|
Tenant
Representation covers an array of specialized services
and concepts under a single blanket of service.
We've provided the following breakdown to help you
better understand our process:
Space
Needs Analysis The first step is to identify how
much office space you will need and how it is most
effectively designed. We consider the number of
current and future employees, how specific departments
interact and what type of common functions and
requirements will be needed.
Available
Space Survey Triangle Commercial will assemble a
survey of available properties that match your
requirements. This may include your existing
building if a renewal is possible and also consider any
appropriate sublease opportunities that may provide
quality space at a significant discount.
Building
Survey This documented step involves an "early
selection process" of the available property.
Using graphically informative and up-to-date market
information, we will work together to analyze and
compare the alternatives in order to help you determine
which ones most appropriately fit your company's
needs.
Site Review At this point, you
are ready to visit a select number of properties.
Triangle Commercial will arrange a tour of each building
selected to give you a better understanding of the
physical property, its location and amenities. This step
is crucial to narrowing your prospects and ensuring a
timely relocation.
Deal Term
Negotiation We will create and send out specific
Request For Proposals (RFPs) to those building owners
whose property you prefer. Each RFP carefully
outlines your requirements to the various landlords and
will ultimately lead to securing the most suitable
location upon the most favorable terms possible. We
advise you on the important subtleties of a lease
negotiation process, such as the difference between
terms like right of first refusal and first right to
lease.
Comparative Financial
Analysis As negotiations proceed, we will design
comprehensive financial analyses of each proposal
received. This will determine and compare your financial
commitment for each option and provide a basis for
negotiation. This is also a clear-cut way for you to
analyze the financial alternatives being place in front
of your business.
Document
Review Finally, we will review and critique all
related documentation such as the lease agreement and/or
amendment. This way, we ensure all deal points are
reflected in the jargon-heavy real estate records and
that you are not left buried under a pile of confusing
documentation.
Cost
to our Clients Zero! When we represent you
in the market, our compensation is normally paid by the
property landlord or seller when a transaction is
completed, and not by our clients.
|