Market Research

• Gather and analyze data on office rental rates, vacancy rates, absorption, and inventory across various submarkets to pinpoint optimal locations.
• Research amenities, parking, and transit access for specific buildings to align with tenant requirements.
• Develop comparable lease analyses to establish market asking rents and concession packages.
• Evaluate Landlords and Developers qualitatively, considering factors like experience, quality, financial stability, construction, and property management.

Financial Analysis

• Generate pro forma estimates for different spaces, incorporating Tenant Improvements (TIs), operating expenses, rent ratios, etc.
• Model multi-year cash flows of total occupancy costs to compare the overall cost across all considered spaces.
• Conduct Net Present Value (NPV) analysis on multi-year cash flow projections to quantitatively compare all considered spaces.

Transaction Management

• Formulate an optimized negotiation strategy based on tenant priorities and current market conditions (both microlevel and macrolevel).
• Prepare negotiation materials, including lease abstracts, proposals, and comparison exhibits.
• Actively negotiate lease documentation, collaborating with attorneys as needed.

Ongoing Portfolio Management

• Provide regular market updates and monitor triggers for changes in business plans, facilitating decisions on renewals, expansions, or relocations.
• Effectively manage documentation and data, including rents, escalations, payments, and Common Area Maintenance (CAM) reconciliations.
• Offer advice on optimal exit strategies and relocation options at the end of the lease term.