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.
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…)
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
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…)
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
The complexities of comparing different properties can be daunting. To complicate it further, landlords frequently use terms differently.
Whether you’re looking for a commercial real estate lease in Tucson or elsewhere, you need to keep in mind the process and the steps that will lead you to what you want.
Decisions concerning commercial real estate are, in reality, financial decisions.
Once a business owner decides that a particular piece of office, retail or industrial space is needed in order to operate the business effectively, the real estate decision has been made.
The next parts in this process are to find that piece of commercial real estate, whether it’s in Tucson or elsewhere, and negotiate with its owner or landlord to lease it. (more…)
