Tenant Q A Essay

Submitted By MerillLynchMOFO
Words: 581
Pages: 3

What is Tenant Representation?

A licensed real estate agent who represents tenants in locating and negotiating space to lease or buy.

What are the Benefits of Tenant Representation?

Save you Time and Money!
Guide you through the process
Market Knowledge
Help you select the most cost efficient location
Expert negotiation skills
Familiar with pertaining documents
What do Tenant Representation services include?

Strategic advisory
Site selection
Lease negotiation
Build-to-suit transactions
Project & Development Management services
Sustainability services
Third Party services

Skilled negotiation tactics, detailed research, and knowledge of your market and its owners allow us to help you by brokering your lease while you focus on your day-to-day business.

A Tenant Representative Will:

Analyze your space needs
Identify and investigate all property options
Create leverage in the negotiation process
Protect your interest in lease negotiations
Provide a buffer between you and the Landlord
Manage and coordinate all the participants in the process
Why use a Tenant Representative?

Helping you avoid pitfalls, uncover economic opportunities, save time and money, and turn your space into a strategic asset.

Your primary business is running your company. The process of securing office space, whether it’s a new location or extending a lease in your current building is a complex and time consuming process. Tackling this process without the benefit of an experienced tenant representative to guide you through the process increases the chances of making the wrong move.

Ask yourself these 5 questions:

1st, Do you have the time and expertise to research the real estate market, including opportunities that are currently available as well as those which are coming available in the future?

2nd, Do you know the market and the effective leasing rates and inducements being offered to those leveraging their real estate requirement?

3rd, Do you have the time and expertise to deal with all the different brokers and landlords, while handling all of your other job responsibilities?

4th, Do you know how to use real estate to improve the financial and competitive position of your corporation? (Keep in mind, real estate costs are typically the second largest line item expense and normally equate to…