Tenant Reps
What is a Tenant Rep?
A tenant representative, or tenant rep, is a commercial real estate expert who helps tenants throughout the leasing process. Tenant reps work with tenants and can assist with the following throughout the leasing process:
- Site selection
- Needs assessment
- Lease expiration
- Finding the best space in the market
- Negotiating financial terms
- Negotiating the optimal price solution
Independent tenant reps are not affiliated with any specific landlord or leasing agency.
Why Use a Commercial Real Estate Tenant Rep?
A commercial tenant representative can help you avoid mistakes, provide market knowledge, and negotiate the best terms for your lease.
- A tenant rep is well-versed in the commercial real estate market, including different types of properties, market trends, and the local real estate landscape.
- A tenant rep can help ensure that the transaction between a tenant and a landlord proceeds smoothly.
- We put together the lease proposal / Letter of Intent on behalf of the tenant.
Negotiating
A tenant rep can help negotiate terms for the tenant. In addition to the price per square foot, there are other considerations such as the buildout and length of lease.
No Cost To The Tenant
There is no cost to the tenant to use a tenant rep. Tenant reps are paid their commission by the Landlord.