TENANT REPRESENTATION

Among the firm's recognized strengths is its long-established tenant representation practice in connection with lease negotiations for commercial space. This focus becomes especially important when representing tenants who have either multiple locations needs or uniquely proprietary needs.

For tenants, Coldwell Banker Commercial WESTMAC offers a sophisticated representation program that includes building-to-building comparisons in any geographic area, site selection recommendations and review, and economic comparisons for businesses relocating from other marketplaces. Among the items fully studied and reviewed on behalf of Coldwell Banker Commercial WESTMAC clients are lease rates, renewal options, floor plans, improvement allowances, expansion space availability and availability of build-to-suit opportunities. In addition, other factors we analyze include: cancellation options, strength of property ownership and property management, parking/transportation availability, and distance from employee homes.

The Coldwell Banker Commercial WESTMAC tenant representation package includes a host of proven and highly effective analytical and negotiation tools such as:

  • On-going personal contact with landlords. This provides the tenant with invaluable insight as to how a deal may be structured in favor of the tenant.
  • Lease negotiations for both new space as well as renewals of existing leases (even the newly popular "early" renewal)
  • Site selection and review
  • Constant analysis of market conditions
  • Ongoing monitoring of available properties
  • Detailed record of recent transactions
  • Lease vs. purchase analysis
  • Sophisticated computer-generated lease comparison analysis

Typical tenants represented by Coldwell Banker Commercial WESTMAC include professional firms such as lawyers, accountants, money managers, service firms, banking, advertising, architectural, design, medical, insurance, financial related, institutional, and education. We pride ourselves on becoming an extension of our client's real estate department which enables us to provide services that are tailor-made for each business.