Tenant Representation Process
Finding Office Space With The Help Of A Tenant Rep Broker
If you are moving out and looking for a new office, it is crucial to hire a Tenant Rep Broker to guide you through the process, secure the right office space and negotiate a competitive office lease on your behalf.
Below is an outline of what you can expect from the Tenant Representation Process, timings and what each stage entails:
- Requirements Review (1-2 weeks)
This is an introductory stage between your business and the Tenant Rep Broker. They need to get to know you, as a business and get a clear understanding of your office space requirements. Be prepared for this by calculating how much office space you are going to need using the Free Office Space Calculator.
- Property Tours (30 days)
Your Tenant Rep Broker will select a number of properties for you to tour that match your criteria. Use the Office Space Checklist to help you evaluate each property according to your space needs and financial limitations.
- Lease Negotiation (2-6 weeks)
Once you have shortlisted a few properties that you feel happy with, your Tenant Rep will commence lease negotiations to see which property comes out the most favorable from a cost and leasing perspective.
- Lease Review (2-4 weeks)
One property is selected and the lease needs to be reviewed several times between your Tenant Rep and the Landlord. This is the stage at which your Real Estate Lawyer gets involved to tighten up the wording and ensure your legal interests are protected.
- Space Planning & Drawings (2-6 weeks)
Your Office Space Planner will start work on making the space a functional and inspirational place of work. This will include space planning, design concepts and any build out required.
- Permit Process (45-60 days)
Permits are required to approve the works with the Landlord.
Moving In
Hire an Office Moving Company to take of the logistics of packing, moving and transferring your office over to the new facility.
Remember that these timelines may vary according to the size of property you are leasing and the condition of the premises.
To help you create your own timeline and punch-list, download the Office Moving Timetable.
Planning an office move? Go the office relocation planning resource center
-
Start Planning Your Office Move
Wherever you are in your office move process Help Moving Office has the information you need to plan your office move properly.
Start Planning -
Access The Resource Center
With over 15 guides, checklists, tools & calculators the Resource Center has everything you need to plan, organize & manage a successful office move.
See Resources -
Office Relocation Services Directory
Looking for the right companies for your office move? Connect with independently sourced and pre-qualified vendors that are experts in your local market.
The Directory
Latest Tips
-
The Art of Minimal Disruption
Author: RightSize Facility MAC Relocations is a...
Read Article -
Revitalize, Reimagine, Reuse: The Advantages of Refurbishing Office Furniture When Moving
-
The Benefits of Bundling Delivery and Installation Services
Moving to a new office is an exciting adventure, but the logistics of the process can be overwhelming. At MAC Relocations, we understand the challenges you face when it comes to transporting & setting up your new space. That's why we offer a comprehensive solution that goes beyond traditional moving services – the option to bundle delivery and installation services. Here's why you should consider this all-in-one package for a seamless and stress-free relocation experience.
Read Article