Rental Rate and Free Rent seem to get a lot of attention when companies are negotiating their leases. There are dozens of critically important items to address when properly negotiating a lease. Ultimately, it’s all about maximizing your financial return while mitigating real estate related risk.
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Lease Audit - Executive Summary
Protect your company and have peace of mind – What are your rights as a Tenant? What limitations does your lease contain? Are you subject to any landlord remedies that could be disruptive or costly to your business? These questions and many more will be addressed in the 2-3 page summary that you’ll receive.
Demographic Analysis
Arm yourself and your team with “real time” information extracted from industry leading sites that can assist your organization in making key decisions with more confidence. Where is the best place to recruit new talent? Who are you competing with in different markets? We will provide you with customized data and informative reports that fit your exact criteria.
Comparative Market Analysis
Knowledge is power – how does your company stack up to the current market? Are you overpaying? Are you positioned correctly to react to shifts in market conditions? You’ll receive information that will clarify these questions and give your company a “sneak peak”… a “free look” into current and future market trends and forecasts.
Preliminary Space Program
How can your company be more efficient while paying for less space? How does your current workflow affect productivity and profitability? How can you reduce space waste and improve overall functionality? You’ll receive an individualized report with tools and expert analysis providing suggestions and tips for current and/or future space needs. We focus on flexibility and improving the overall space utilization for our clients that typically results in reduced occupancy costs and improved workflow throughout the organization.
Building Stacking Plans
Having real time information and deal points on transactions within a building brings value to negotiations. When relocating; Spartan Partners will provide specific information relating to each building so you can make the right choice for your company. Who’s the owner? What is tenant-mix? What are the onsite amenities? Etc.
7 Deadly Sins of Leasing
There are several “Rules of Thumb” when navigating the leasing process. Some can be more costly than others
Lease vs. Own
In today’s economic climate, the decision to lease vs. own can be more difficult than ever for some business owners. There are a multitude of factors to consider and we can help you determine what is best for your company. How to navigate the gauntlet of financing options, tax implications, challenges of liquidity and how ownership affects your BS & P&L are all just a few of the factors to consider.
Renewing Existing Leases
Strategies that save in addition to a handful of key items to address are at the heart of this paper. A lease renewal takes much more due diligence and expertise if you’re goal is to level the playing field and drive economic savings. The owner/landlord knows the multitude of challenges companies face when determining whether to renew or relocate. A matter of fact, they bank on it.
Lease Audits Can Reveal Hidden Income Potential
Landlords and Owners work tirelessly on finding new and inventive ways to increase their ROI and pass expenses onto tenants. They hire the best and brightest consultants in every field in an effort to get an upper hand. This paper is directed to owner and landlords and provides guidance, thoughts, and strategies to save.
Why Is Tenant Representation Important
Having an expert advocate on your side when negotiating a new lease or purchase contract has benefits across the board.