Houston Tenant Representation
Our tenant representation services consist of advising organizations in…
- Renewing your office lease (lease negotiation)
- Relocating your office space (lease negotiation)
- Subleasing office space
- Expanding your office space
“Why do I need tenant representation?”
Commercial real estate brokers/advisors know exactly what to look for when dealing with your lease. From issues such as the amount of space you really need, to knowing the ins and outs of all the possibilities (not just what you can Google).
A great commercial real estate broker/advisor will also work with you to create an effective negotiation strategy. He or she will advise you when to get started and the steps necessary to build an effective case for your company’s new lease.
How do we work?
First, we perform an effective needs analysis. We are not just brokers of commercial real estate — we’re here to advise. That means that we must have a thorough understanding of your company’s space needs (both immediate and future). We match those needs to the best possible solution.
Second, for those clients that need to change office space in Houston we assess and select the best site. We advise on various location options that offer current comfort plus room to grow. (See our detailed process overview below).
For those clients that want to re-lease their Houston office space, we like start working at least 12 months before the lease is up. This way we can assess the market options and create leverage. All this work goes into the lease negotiation strategy, which we carry out at your side.
Why do business owners use us as their local Houston commercial real estate brokers? Check out our testimonials.
Let’s get your questions answered… Reach out to us today.
Tenant Representation Process Overview
Phase I: Conduct Strategic Business Evaluation
Step 1: Conduct a Strategic Business Evaluation
Step 2: Analyze the tenant’s current lease
Phase II: Discovery of the Tenant’s Space Requirements
Step 3: Analyze the tenant’s current space
Step 4: Define the tenant’s future space requirements (1yr, 3yr, 5yr, 7yr or 10yr)
Phase III: Research Market Conditions and Locate Properties
Step 5: Research market conditions and trends
Step 6: Search for suitable properties
Step 7: Organize onsite property tours
Phase IV: Narrow the Available Options
Step 8: Request for proposals
Step 9: Analyze and compare the properties
Step 10: Submit a Letter of Intent
Phase V: Finalize the Process Step 11: Negotiate the lease and execute
What else do we do?
(Pre-lease & Post-Lease Execution Activities)
Coordinate and facilitate interviews/selection with Key Players (Vendors):
- Real Estate Attorney’s review of Letter of Intent & Lease Document
- Architect (if necessary)
- Furniture Vendors (if necessary)
- Move Coordinator (if necessary)
- Construction Contractors and Construction Project Managers (if necessary)
There’s no risk in learning more.