Why you need Tenant Representation
The Benefits of Tenant Representation
- Whether you are moving to another floor, down the street or to an entirely different City or State, hiring a Tenant Rep Broker will help you select the best space, negotiate the most favorable lease terms and handle all of the other tasks involved in the office leasing transaction.
- Leasing the right office space is a crucial element to help your business thrive and grow, so hiring a Tenant Rep Broker could mean the difference between success and failure of your relocation - as well as the future of your business.
- If you're still not convinced, here's some of the benefits a Tenant Rep Broker can bring to help make the process of finding that ideal office simple and all the more enjoyable:
Assess your Space Requirements
They'll help you accurately calculate how much office space you need now and in the future, and match your size requirements with the best available space on the market.
Address Location Issues
Deciding where best to locate your business is a big and difficult decision. It's also crucial to the staff you employ, the clients you serve as well as your industry peers. A Tenant Rep Broker knows the best location hot spots for your industry and will pinpoint the best locality that enables your business to thrive.
Evaluate the Building
It's important to look closely at the condition and state of the buildings you shortlist. No matter how cheap the rent is, a building that's in a poor state of repair may cost more to build out to your specifications and may be expensive to maintain throughout your lease. A Tenant Rep Broker will advise you accordingly based on your budget.
Negotiating the best lease terms
A Tenant Rep Broker is able to save the tenant money by negotiating favorable lease terms. They are expert negotiators and are familiar with the rents and lease terms that are being achieved in the locality. They can also negotiate tenant improvement allowances, attractive expansion and renewal options - all of which can be invaluable for a growing business in the future.
Helps to avoid onerous lease terms
An office lease is a big financial commitment and there are some lease terms that are best avoided to give you peace of mind during your tenancy. A Tenant Rep Broker knows what they are and will protect you against making any common leasing mistakes.
Help co-ordinate the planning & relocation process
Relocating a business is a complex and time-consuming process, and many companies are unsure how to plan effectively. A Tenant Rep Broker will hold your hand throughout the process and help you secure the right space for your business.
We can put you in contact with recommended Tenant Rep Brokers in your locality. Simply select your location in our directory to find their details.
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