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The right space, the right terms, and…
Businesses lease space for a variety of reasons. Understanding and defining what a business needs in a lease is critical to securing long term and productive locations. Branscomb Realty will assist clients in this planning as well as in anticipating surprises that arise out of such things as changes in co-tenancy and changes in property ownership. Also, comparing occupancy costs requires the ability to consistently apply BOMA standards between properties and to consistently define Landlord vs. Tenant obligations. With corporate skills and efficient, accurate research, Branscomb Realty can seamlessly integrate with a client’s real estate committee or real estate department to deliver the corporate office on time and in budget.
Make an informed decision. Make sure you match your business to the right property….because no one likes to move.
….hassle free without surprises.
The Key Factors:
- Economic considerations
- Operating considerations
- Contractual flexibility
The Process:
- Defining facility requirements
- Floor planning
- Departmental relationships
- Contractual flexibility
- If relevant, in-depth competition analysis
- Market survey: Obvious, Occupied But Available, or Coming on the Market
- Developing RFP
- Technical review: property by property analysis
- Project Time Lines
- Economical analysis:
- Defining operating expenses
- Determining occupancy costs
- Discounted cash flow analysis
- Drafting and presenting the Letter of Intent
- Lease or acquisition negotiations
- Follow through on the closing and post-closing items
- Construction management and oversight services
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