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TENANT REAL ESTATE ADVISORS

OUR PROCESS

The process of leasing, renewing or purchasing real estate can be complex. Whether a new site or a lease renewal, it is absolutely critical to start early and allow ample time in order to have a position of strength with the Landlord. We strongly suggest having the lease documentation finalized at least 6 months in advance of the lease deadline.

Tenant Real Estate Advisors utilizes a thorough, multi-step approach to ensure that no detail is overlooked, and your critical dates and deadlines are met.

commercial office space

ACQUIRING A NEW SPACE

businessmen reviewing items on laptop

DUE DILLIGENCE

office paperwork

PLAN

signing real estate documents

DOCUMENTATION

typing on computer

RESEARCH

finished commercial space

MOVE IN

PLAN
RESEARCH

PROCESS

MONTH

4-16

PLAN

Up to one month

RESEARCH

One to two months 

DUE DILLIGENCE

Two to three months

DOCUMENTATION

One to three months

CONSTRUCTION/ MOVE IN

Two to five months

During the planning phase we:

Assemble the Team

Define the Project

Initial a Financial Feasibility Study

Develop a Complete Space Program

The research phase is an elaborate process where we:

Present Market Alternatives

Determine Primary & Secondary Alternatives

Tour Properties

Solicit Proposals from Short-Listed Properties

Test-Fit Short-Listed Properties

Time to dig into the nitty gritty details and:

Review & Analyze Proposals

Prepare & Review Comparative Financial Analysis

Negotiate "Best and Finals"

Negotiate Detailed Letter of Intent

Negotiate Tenant Work-Letter

Execute Letter of Intent

Throughout the documentation phase we:

Verify Business Terms

Confirm Space Plan & Tenant Work-Letter

Coordinate Legal Review

Finalize Construction Drawings & Budgets

Execute the Lease

The final phase! Time to get you settled.

Project Manager Coordinates Construction

Funiture Installation

IT Coordination

Punch-List Items

DUE DILLIGENCE
DOCUMENTATION
MOVE IN
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