Tenant / Buyer Advisor takes care your real estate needs…..

In real estate today, many sellers have brokers that represent their interests. It’s important for the business owner searching for real estate to realize that when calling to find out about property, the real estate broker providing the information is aligned with the seller, not the business owner.

Commercial real estate as a general rule has many facets to it. If you are looking to open up a restaurant, studio or office are you going to find the perfect place where all you have to do is “plug and play”. Probably not. The reality is that if you are leasing the space there are items to consider such as tenant improvements, option to renew “at market price”, lease language like “trade fixtures”. Do you have all the aspects of this type of transaction down pat?

It doesn’t matter what kind of business you operate, the real estate decisions you make should align with your business goals. Do yourself a favor and work with a real estate broker that will look out for your interests.

The Landlord

Whether you are buying or leasing, the landlord can be quite intimidating. No Fear. There is way to much space available for the small business owner to choose from.

I just met a small business owner that was being pressured by the landlord to sign a lease without ownership approving the space plan. Bad Idea. If your particular business requires some kind of special plumbing or electricty, say for a kitchen or IT servers, please do yourself a favor and walk away from the deal. It's better to open late, than get yourself in a legal bind because you've signed a lease where the space no longer works for you.

And, if you find yourself in that position, please do not hesitate to call a qualified local commercial real estate broker and find out what your options are. Options. That's the name of the game. I'd bet you a swanky dinner , if that landlord knew the small business owner had other options, they'd be way more amenable.