WE CREATE A FLEXIBLE PROCESS TO ALIGN WITH YOUR SPACE NEEDS AND TIMING.
The first step in the process is to have a broker review your existing lease to identify important tenant rights, obligations, and notice dates - while also giving perspective on your lease terms relative to current market conditions.
It is not uncommon for a lease to require as much as 9 to 12 months of notice to exercise an extension option. Your lease could contain a restoration clause. There could be some unused tenant improvement money.
We will review your lease for free, prior to our engagement, in order to assist you in determining when to start the process; and then provide you with a summary of this important information.
After learning about your existing lease obligations, it is important for us to understand your current space needs and to discuss what can be done to improve your operating efficiencies and effectiveness.
In this stage we identify the ideal space qualities and deal structure. We then go into the market and provide you with space alternatives and keep an ear to the ground for off-market opportunities.
If a potential lease renewal is in the cards, we will begin the dialogue with the existing landlord and provide it with a proposal outlining your current space parameters.
Ultimately, whether through a property purchase, relocation, or a lease renewal, Union Street Corporate Real Estate will provide you with a well tailored solution to meet your space needs. Conducting market surveys, touring alternatives, soliciting proposals, performing financial and qualitative comparative analysis, assisting in space planning, comparing tenant improvement bids, negotiating and reviewing lease documents, and throughout the entire process, Union Street Corporate Real Estate will provide you with personalized and best in class service.