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Representing a tenant through a commercial real estate lease transaction requires detailed knowledge of the market and careful consideration of an individual tenant’s unique requirements such as employee locations, business objectives, and growth considerations. Need help finding and negotiating Houston commercial real estate for lease?
At Park Realty, we execute on ensuring individual tenant’s objectives are met by maximizing the value provided under their lease, including abated rent, tenant improvement allowances, and other lease concessions, while also ensuring they have sufficient tenant rights to mitigate risk and meet their company goals during the lease term.
Our team of professionals works closely with tenants to understand their business operations and requirements, as well as their budget constraints and timelines.
We conduct a thorough market analysis to identify suitable properties that meet our clients’ specific needs and preferences, including lease terms that provide optimal value.
We then tour properties and narrow down our broad search to a short list of high priority locations to begin negotiating on behalf of.
We negotiate with landlords to secure economic lease terms, including free rent, tenant improvement allowances, and other incentives. We also advise our clients on their tenant rights and work to ensure they have the necessary provisions in their lease agreement to protect their interests and meet their business needs including sublet & assignment provisions, termination options, and renewal or expansion options.
If necessary, we also work with the architects, engineers, and general contractors of your choosing to help navigate the scope and costs of any necessary construction work.
Our team works hand in hand with your legal representative to help ensure that both the economic terms and legal protections in your lease are sufficient for your business needs.
Following lease execution, our team will help you navigate and connect with the appropriate professionals to ensure a seamless transition into a completed space.
As a broker for commercial real estate leases, we provide landlords with expertise in navigating market conditions, managing contract and construction risks, and effectively marketing their properties to potential tenants.
We offer comprehensive landlord representation services that help landlords achieve their goals and increase the value and income of their properties, while maintaining a creditworthy and diverse tenant mix tailored to their property.
We conduct a thorough market analysis to identify areas of improvement for specific properties, plan out leasing strategies, and work to create optimal lease terms and rental rates based on market conditions and the property’s unique features.
We work closely with landlords to develop effective marketing strategies to attract credible tenants, including targeted online and offline advertising, property listing services, and outreach to our extensive network of potential tenants and brokers.
As a part of this process, we also assist landlords in screening potential tenants to identify those with a strong credit history and reputation.
We help landlords negotiate lease terms that balance their interests while understanding the specific needs of the tenants, including rent escalation clauses, security deposits, and other provisions that protect their investment.
Optimal negotiations on behalf of the landlord ensure sufficient risk protection while maximizing income and occupancy.
We work alongside the landlord and their legal team to review the standard form lease to ensure the terms are equitable to the landlord and ensure there are sufficient protections.
Following lease execution, we continually track the progress of the construction and the anticipated commencement date of the tenant to ensure that landlords complete construction on time and begin collecting rent as scheduled.
