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A brief overview of Tenant and Buyer Representation
The Tenant's Side:
The long-term office
lease represents one of the most complex relationships in modern commerce. The
mutual obligations between tenant and landlord can endure up to a quarter
century or even longer, and the lease can survive a succession of real estate
and business cycles, employees and other relationships. For many corporate or
institutional tenants, the lease is often its largest single financial
commitment, and for the landlord, it may determine the property's long-run
financial viability.
Entering into such a commitment demands real technical expertise. In the current real estate climate - where the non-rent variables can be the most significant factor in leasing economics - experience and effectiveness is required. A tenant must consider an almost endless list of variables, such as negotiating tax and operating expense escalations, work letters, electrical charges, sublease and assignments rights, alterations, and options to expand or renew, among others. Whether the task involves relocating to new quarters, or negotiating lease renewals or modifications, dnpCorporation is uniquely equipped to advance and protect the interests of our clients.
The Buyer's Side: Like the office lease, the purchase of a property can have its own unique set of pitfalls. Utility concerns, environmental issues, building condition for improved properties, and timber value issues for unimproved properties are among the myriad questions that can arise when considering a property. For these reasons, the wise choice is the retention of competent representation!
Essentially, we can do the following for you:
Since real estate is our business, we are aware of daily changes in the industry, such as unpublicized opportunities and availabilities in the market.
- We gather all information for you, thereby offering you that efficiency and saving you time and frustration.
- Rather than talking with every property representative in town, we're your one source of information. We collect, compare, and summarize the information so you don't have to.
- We can make you aware of hidden costs on leases (low expense stops, exorbitant CAM charges, high CAF percentages, etc.) and we can help with other issues on property purchases (availability of utilities, proper zoning identification, etc.)
- We represent you; therefore, we negotiate on your behalf to get you the best deal possible.
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Finally, in almost
every instance, our
services are free to you*!
(*please inquire for a more detailed description on how this works)