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•Agent Conflict of Interest
How can a commercial agent represent both landlord and tenant?
It is quite common for the agent representing the landlord, the listing agent, to suggest that a tenant prospect use their “full service” firm because they know the property and the owner well. What is usually not mentioned is that the listing agent has a fiduciary responsibility to the landlord. That means that he must not disclose information detrimental to his principal, the landlord, and has a duty to look out for the best...
•Ideal Retail Site
How would you describe the ideal retail site for your business?
When looking for retail space in San Jose, California, size, rental rate, neighborhood, parking, and other site features come to mind. Sorting through buildings available for lease to find the best one for you could be a challenge. One way to make the task easier is to consult a tenant rep. Tenant Reps are licensed real estate professionals who act on your behalf and collect their fee from the landlord.
A tenant rep can help...
•Office Space San Jose
There may be one or more reasons to review your current office space position. You may need to lower occupancy costs, improve your current space floor plan efficiency, consider an early lease renewal at fair market rent, negotiate a tenant favorable lease, or evaluate some of the many choices available from hungry San Jose office space landlords.
Space occupancy costs may be reduced by finding a lower base rent when your current lease is over. Sub-leasing space that is not being used following...
•No Cost For Tenant Rep
No Cost for Tenant Rep
Who pays for tenant representation?
Tenant representatives in San Jose, Santa Clara, and Sunnyvale, California assist commercial tenants seeking office, retail, and commercial building lease space. Although they act on behalf of tenants, their fee usually comes from landlords when the tenant rep splits the lease commission fee as part of the listing agreement with the landlord’s listing agent.
There are times that the landlord’s agent represents both the landlord and...
•Negotiate Lease Renewal Early
Why Begin Commercial Lease Renewal Early?
Office, retail, and industrial lease renewal must be started long before the option expires to exploit the advantage you may have to hold the rent down and allow the negotiation of a fair lease agreement with the landlord. This paper explains how to get assistance from a tenant representative at little or no cost, and likely generate 20 to 30% savings here in San Jose, Santa Clara, and Sunnyvale, California.
To preserve any leverage you may have...
•Why Tenant Representation
Commercial tenant representatives are licensed real estate professionals who perform site searches, narrow choices to review, suggest landlord concession approaches, negotiate letter of intent offers with landlords, limit occupancy costs, suggest business points to discuss during lease negotiations, and invite competing sites for a bidding contest if necessary.
The goal is to provide tenants with expert local advice for the San Jose, Santa Clara, and Sunnyvale, California commercial real...
•What to Expect From San Jose Office Space
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When looking for Office Space in San Jose expect a lot of choices in building floor plan layout, tenant improvement allowances, landlord concessions, building support services, co-tenants, major highway access, and building features. The quantity of available sites has been increased by the addition of newly developed unoccupied buildings.
Each office lease offering has a unique building floor plan layout. Rarely are two spaces, even in the same building, identical. A scale drawing...
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