hen engaged as your firm's tenant
representative, DeLaVergne & Company will expend considerable
time evaluating your firm's space requirements. Whether your
needs are for office, warehouse or industrial space, our
familiarity with the local market will ensure success with this
important task. We will also assist you in evaluating all lease
proposals and negotiate on your behalf to make certain that your
lease is equitable and all of the business points of the lease
are equal to or better than existing market conditions.
A
commercial real estate lease often represents your firm's
single largest financial commitment and its largest annual
expense other than payroll. A firm's facilities can have a major
impact on earnings for many years from both the standpoint of
direct cost and employee productivity. The lease document itself
is very complex and contains hundreds of small agreements.
Landlords are in the business to lease space, to maximize
their cash flow, and to make a profit. Before any lease negotiations ever begin, they
have calculated every angle. They have received assistance from
asset managers, attorneys, financial analysts, property
managers, real estate brokers, leasing agents, risk managers,
architects, space planners, engineers and contractors.
Hidden
inside almost every commercial lease are one-sided clauses
favoring the landlord, loopholes and sometimes, outright
mistakes. Buried within the legal rights and obligations there
may be major ambiguities, unreasonable risks and dozens of
issues that can have a major economic impact on your business.
Tenant representation is one of the most beneficial professional
real estate services offered by DeLaVergne & Company. Because of
the depth of our experience and local market knowledge, our
clients develop long term relationships with us and they return each time the need arises for space
expansion or lease renewal.