Intelligent Commercial and Industrial Leasing for Businesses
To attract and retain good Tenants, we work with our clients to decide on several key items that will encourage the best-fitting businesses to accommodate in their buildings.
Together, we consider several questions and scenarios – some which may be negotiable for the right Tenant and some that may be non-negotiable. We create an offering and marketing plan that will align with our Landlords’ assets and, if in a multi-unit building, their current tenant mix as well.
Considerations when looking for a Tenant:
- What term of lease is required?
- Do you have your own offer forms and credit application?
- Are you offering any incentives, i.e. free rent, leasehold improvement allowance – assuming O.A.C.
- Do you have restrictive covenants (with the land, building, zoning or other tenants) that we need to honour?
- What are your expectations on the ‘repair & replace’ of interior fixtures?
- Are there janitational services included in the lease?
A lease is a contract between a Tenant and Landlord. All terms that are vital to a business need to be put in writing. Verbal agreements will not stand up when there is a change of heart, financial circumstances, or ownership. We help our clients choose the space and Landlord that are the best fit for their business and operational needs.
Considerations when preparing to sign a lease:
- Where are you in your business cycle -- start up, growth/expansion, or looking to sell in the near future?
- What is the size requirement, including offices, storage, warehouse, retail and outside storage?
- What parking is required staff and customers?
- What zoning is appropriate for your use?
- Do you require specialized leasehold improvements?
- Do you need to be on a bus route?
- Office users – Open Concept, Cubicle or Private offices?