Commercial Real Estate Leasing Process
Researching an Office Location
- Analyze market conditions and find available properties
- Your tenant rep will provide you with a list of available spaces
- And schedule a property tour
In my opinion, it's not a good idea to rule out properties. Tenants tend to miss good opportunities when they do this. It takes time to get a good deal that will then pay off for many years. Take the time!
Request Landlord Proposals RFP
Once you get these back you can compare the buildings on many levels not only on rental cost if this is done correctly. Often your tenant rep will get these on an informal basis from the landlord or his agent. Whatever happens you now have a list of alternatives from which to choose.
Planning, Permits and Construction
Clauses can be inserted into the offer to lease to protect you from paying rent on a space but not being able to occupy it because it's not ready for a number of reasons.