Commercial Real Estate Tips

Negotiating Your Contract to Lease Commercial Real Estate

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Part 2: Business terms and clauses detail exactly your obligations and rights while you occupy a leased space for your business.

 

Whether you’re just launching negotiations or ready to sign, you’ll want to be absolutely sure you understand your rights and obligations that are in the lease contract for your office, retail or industrial/warehouse space.

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Your Contract to Lease Commercial Real Estate

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Part 1: Contracts will vary by your level of control over the property you’re leasing and how long you can stay.

 

There are many variations of the commercial real estate lease. They vary largely by the level of control over the use of the property assumed by the tenant or retained by the property owner. (more…)

Add Up the Savings of Tenant Representation

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You already pay for tenant representation in your rental rate for a commercial real estate lease. Take advantage of it and you’ll see how much you end up saving.

 

A rental rate quoted for a space includes

  • the marketing costs for any leasing representative
  • the developer’s in-house marketing
  • compensation for the tenant representative.

If you don’t use your own tenant representative, the landlord’s listing agent—and advocate—gets the entire fee. You paid without having an advocate of your own. (more…)

10 Reasons to Use a Tenant Representative

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Having someone exclusively on your side of the negotiating table gives you an advantage—10 of them, in fact.

As a tenant or buyer of commercial real estate, you can go to any agent or broker to secure the space you need for your business.

But only a tenant representative and commercial buyer broker will work exclusively for your interests. Here are 10 reasons how we at Commercial Real Estate Group of Tucson do that. (more…)

Analyzing How Buildings Meet Your Space Requirements

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You want to be able to compare all leasing costs as it applies to the space you need for your business.

 

By figuring out the number of employees you have by job title and your standards for support space, you can determine your approximate space requirement for such things as

  • reception area
  • conference rooms
  • private offices
  • storage space.

The complexities of comparing different properties can be daunting. To complicate it further, landlords frequently use terms differently.

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