Understand Lease Terms: Review clauses carefully, including work letters and tenant finish, obligations and process, NNN budget analysis including maintenance obligations, securitization requirements, parking availability and utility costs
Negotiate Smartly: Aim for favorable terms not only for lease rate but also items such as flexible lease lengths or tenant improvement allowances, termination rights, free rent concessions, maximize signage when needed.
Evaluate Location and Accessibility: Ensure the property suits your operational needs and is accessible to clients and employees.
Assess Infrastructure: Check if the space meets your technical and logistical requirements (e.g., parking, utilities, internet).
Think Long-Term: Consider how the space will accommodate future growth or business changes and improve employee recruitment and retention
Compare Options: Don’t rush—compare multiple properties to find the best value for your needs while getting informed about the market conditions.
Work with Experts: Collaborate with brokers who can help identify properties and negotiate terms that align with your business goals and specific requirements you may have.