Tenant Representation
Tenants deserve to stand on an even playing field with landlords, which means tenants need representation. Not just from any broker, but with a true specialist who has their feet firmly planted in one camp – the tenant’s. At Foundation Real Estate Advisors, we only represent tenants and occupiers of commercial real estate.
Foundation’s specialized services deliver exceptional value to our clients in the form of:
- Reduced Occupancy Costs: Foundation clients typically benefit from a reduction in total rental costs of 20-25%! As real estate experts, we know where opportunities lie for savings over the term of the lease.
- Reduced Leasehold Risk: As expert negotiators with over 115 years of collective experience, our team will reduce financial and performance risks that are commonly associated with commercial leases, such as Default, Additional Rent, Subordination, Percentage Rent, among others.
- Increased Flexibility: Don’t be stuck without options! Foundation’s strategic approach will help you to build flexibility into your lease agreement to proactively address expansion, contraction, renewal, or even termination requirements.
- Speed and Efficiency: Time is a critical factor in negotiating a lease or sale transaction. Our custom process will ensure that your transaction goes smoothly and gets you into your new space without delays or cost overruns. Click to view a typical lease or purchase timeline.
- More Choices: Since we are an independent firm that only represents tenants, Foundation will show you all options and help you make the best decision for your firm.
- Continued Support: We help solve our clients’ real estate problems whenever they arise. We assist tenants by reviewing CAM charges, negotiating disputes, and advising during times of adversity where tenants require additional expertise. Count on Foundation’s team of experts to be there throughout the life of the lease.
Foundation’s tenant representation services include:
- Occupancy consulting to match the firm’s strategy to the physical and economic implications of the leased premises.
- Geographic studies of a firm’s employees, competitors, and other criteria to determine optimal location.
- Market research of ALL appropriate alternatives.
- Comprehensive lease negotiation of ALL relevant lease issues, not just rent.
- Sophisticated economic analysis of alternative properties.
- Lease document review, comment, and negotiation – we take the lead to help minimize legal review by your corporate counsel.
- Architectural planning and review.
- Construction oversight and management.
- Relocation planning and management.
- FF&E procurement guidance and assistance.
- Occupancy punchlist and fulfillment.
- CAM / Operating Expense / NNN review and validation.
- Disaster recovery.
- Support throughout the life of the lease.
Foundation’s knowledge was very important for us to complete this transaction. We have very limited international experience, but were able to work with the Foundation team to produce a recommendation that was very warmly received by our client. I will use them again for any of our requirements.
Steve Chaissin,iGate Corporation