How to Choose the Right Tenant Representation Broker

Finding the right fit in a commercial real estate lease is a challenge unto itself. Aside from researching, budgeting, and planning for an office move or expansion, there’s the lengthy and sometimes stressful endeavor of negotiating lease terms and what you’ll be responsible for paying on a monthly basis.

An effective strategy is to work with a tenant representation broker to help alleviate the stresses of locating the proper space and negotiating the best possible terms for you and your company. But finding the right tenant rep broker can be an overwhelming process to some. With a wide array of qualified, capable brokers in the real estate market, it can be difficult to decide which broker is the best fit for your situation.

Some tenant rep brokers have different specialities, relationships, and qualities that set them apart from one another. Certain tenant rep brokers work strictly within the boundaries of the local market, leveraging personal relationships and neighborhood know-how, while others have the support system that comes with a national brokerage.

To help you navigate the process, we’ve assembled this guide to answer common questions, provide you with a list of things you should ask a potential tenant rep broker, and allow you insights into how a tenant rep broker can benefit your company.

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John is the Regional Director of OfficeSpace.com where he heads Broker Relations and Sales. Prior to being Regional Director, he was the Operations Director for the company’s property database. John has over 25 years of experience working in the Commercial Real Estate industry. Prior to joining OfficeSpace.com, John was a Commercial Real Estate broker for the Norman Company in Seattle, WA.

The Most Viable West Coast Cities for Startups

The idea that Silicon Valley is the proverbial bread basket of business innovation and disruption is finally, thankfully, squarely in the rear view mirror.

According to the 2017 Kauffman Index of Growth Entrepreneurship, startup growth is exploding nationwide – and well away from the Bay Area. That’s good news for business owners seeking affordable commercial real estate without sacrificing a chance at a potent and experienced talent pool.

However, the west coast continues to dominate the startup scene, with cities like Seattle, Portland, Los Angeles, and even San Diego (yes, San Diego) coming online and competing with Silicon Valley for the latest and greatest business ideas and innovations. There are plenty of reasons to consider each of the following cities when considering an expansion or setting up shop for your latest business endeavor, but it’s ultimately up to you to make it a reality no matter where you end up.

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John is the Regional Director of OfficeSpace.com where he heads Broker Relations and Sales. Prior to being Regional Director, he was the Operations Director for the company’s property database. John has over 25 years of experience working in the Commercial Real Estate industry. Prior to joining OfficeSpace.com, John was a Commercial Real Estate broker for the Norman Company in Seattle, WA.

Life in Austin: How Commercial Real Estate Influences this Texas Powerhouse

Despite the ever-advancing wave of globalization in this connected world, no two cities are the same. While many share similar economic and development trends to cater to new and burgeoning industries, their location, culture, and specializations tend to affect the shape of a city’s future more than any other factor – save one.

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John is the Regional Director of OfficeSpace.com where he heads Broker Relations and Sales. Prior to being Regional Director, he was the Operations Director for the company’s property database. John has over 25 years of experience working in the Commercial Real Estate industry. Prior to joining OfficeSpace.com, John was a Commercial Real Estate broker for the Norman Company in Seattle, WA.

Market Zoom: 10 Big Phoenix Office Deals That Closed in 2018 (So Far)

Office deals in Phoenix in the first quarter of 2018 were white hot, with a number of large sales and leases taking place. According to CBRE, the net absorption in the Phoenix office market reached 154,716 square feet with nearly 1.3 million square feet of gross absorption. 

Let’s take a closer look at a few of the big Phoenix office deals that closed at the beginning of 2018. 

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Don’t Forget These Five Must-Haves When Signing an Office Lease

You have found the perfect office space for your company and now it’s time to sign on the dotted line and make it official – but what things should you ensure that you have in that office lease? After the ink has dried on the lease, there is no turning back, so make sure you don’t forget these five must-haves when signing an office lease.

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John is the Regional Director of OfficeSpace.com where he heads Broker Relations and Sales. Prior to being Regional Director, he was the Operations Director for the company’s property database. John has over 25 years of experience working in the Commercial Real Estate industry. Prior to joining OfficeSpace.com, John was a Commercial Real Estate broker for the Norman Company in Seattle, WA.

Effective Strategies for Marketing Your Office in the Collaborative Workspace Genre

The way the workforce, particularly millennials, want to work is pressuring more companies to harbor office space that speaks to a more collaborative setting. The traditional cubicle life is no more and well-designed spaces are stepping in to take its place. Even if your current office space is not collaborative, there are effective strategies that you can implement to market your space to the collaborative workforce.

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John is the Regional Director of OfficeSpace.com where he heads Broker Relations and Sales. Prior to being Regional Director, he was the Operations Director for the company’s property database. John has over 25 years of experience working in the Commercial Real Estate industry. Prior to joining OfficeSpace.com, John was a Commercial Real Estate broker for the Norman Company in Seattle, WA.

4 Ways the Collaborative Workspace Movement is Impacting CRE

Collaborative workspaces are changing the way millennials work and ultimately creating a snowball effect that is changing the way everyone works. Recent studies reveal that over 1.2 million people worldwide have worked, or currently work, at a co-working space. In fact, Emergent Research forecasts that by 2020, co-working memberships will rise to 3.8 million people and 5.1 million by 2022. As collaborative spaces become increasingly popular, it’s not surprising that this has also impacted the commercial real estate industry in a big way – from increasing property demand for older buildings to establishing a brand new niche market.

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John is the Regional Director of OfficeSpace.com where he heads Broker Relations and Sales. Prior to being Regional Director, he was the Operations Director for the company’s property database. John has over 25 years of experience working in the Commercial Real Estate industry. Prior to joining OfficeSpace.com, John was a Commercial Real Estate broker for the Norman Company in Seattle, WA.

It Just Got Even Easier to Add Listings to OfficeSpace.com

While it has always been free and easy to add your listings to OfficeSpace.com, we’re excited to announce that it just got even easier!

Over the last couple of weeks, you may have been contacted about sending us your flyers, personal websites, or adding us to your e-blast. We now have a dedicated team that will update your listings at no cost or disruption to you. Simply send us your flyers, email us your company websites, or add us to your e-blasts – we’ll take care of the rest.

Office space in Phoenix, AZ map view.OfficeSpace.com map view (Phoenix, AZ)

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One Broker’s Enduring Entrepreneurial Spirit

Big Payoff with Tenant Connect for a MBA grad turned CRE broker.

Company: Berkshire Hathaway HomeServices Commercial Division
Markets: Cincinnati, Columbus, Cleveland, Dayton OH
Results:
– 60 closed transactions
– $250,000+ in revenue
– 30% revenue growth
– Increased tenant rep more than two fold

 

As an MBA graduate with an extensive business background in Finance and Operations, David Mussari is no stranger to entrepreneurship. In fact, it was his interest in entrepreneurial opportunities that became the catalyst for his development as a commercial real estate broker.

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John is the Regional Director of OfficeSpace.com where he heads Broker Relations and Sales. Prior to being Regional Director, he was the Operations Director for the company’s property database. John has over 25 years of experience working in the Commercial Real Estate industry. Prior to joining OfficeSpace.com, John was a Commercial Real Estate broker for the Norman Company in Seattle, WA.

New Partnership Brings Commercial Property Data to EDOs

We’re excited to announce that OfficeSpace.com has joined forces with Community Systems, a leading technology company dedicated to the economic development industry. Through this partnership, OfficeSpace.com‘s commercial listings will now be exclusively featured on economic development organization (EDO) websites across the country and visible to thousands of site selectors, brokers, and companies seeking commercial property data nationwide. 

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