Tenant representation is a partnership between a commercial real estate broker and a tenant. SVN | Infinity embraces the latest trends and technology to provide a leading-edge approach for our clients. As your representative, our agent becomes committed to your commercial real estate project, satisfying and exceeding you, the client, needs. SVN has built a foundation of a vast network of owners, landlords, as well as in-depth knowledge of the tenant representation process, bringing the best service possible to our clients.
Our experts provide real-time market and need analysis, site-selection, expertly negotiated deal terms and contract. Under a Representation Agreement, the fiduciary duty is to the tenant or buyer. However, typically the owner pays the representation fees.
When Should You Talk to a Tenant Representative
Relocating can be a great way to shake things up. Underutilization of space, poor locations, and inconvenient and inefficient space layouts are a leading cause for company disruption and potentially devastating economic cost. Paying too much in rent? Not using your space or need more? Let us help analyze your company costs and operations to understand your business and the cost it takes to operate a company. We can help you discover if your company is wasting money on unused space or suffering from a change in value due to its physical location. We will do a complete analysis to assess the pros & cons of finding you a new home or how to best maximize your existing space. An SVN | Infinity tenant representative will guide you through the commercial real estate process and negotiation, from the comprehensive letter of intent and to the purchase & sale agreement. Continued involvement insurers all negotiated terms are translated to a lease or sale document.
The Benefit of Hiring A Tenant Representative & the Cost to Hire a Tenant Rep
When you hire a Tenant Representative, you are hiring to bring in an expert to negotiate and fight on your behalf. When you hire a tenant rep, their job is to work for you and your project. The cost associate with a tenant representative are usually bundled with closing costs as a percentage of the project. The cost of hiring a Tenant Representative is often offset as the investment into your representative here at SVN | Infinity because we assume responsibilities and roles as if we are your partner in your project and we are here to ensure your success. We are here to help you succeed.
Our Tenant Representation Services:
- Site Selection
- Detailed Market Analysis
- Assembly and Zoning
- Advocacy and Municipality Engagement