ChicagoBroker.com Powered By Jameson Commercial has decades of specialized expertise in office tenant representation in the Chicago metropolitan area. Our team of seasoned real estate professionals take the time to get to know each of our client’s real estate goals and objectives and then facilitates the sourcing, negotiating and evaluating of the best options to forward their business objectives. Landlords are in the commercial real estate game 24/7/365 and definitely have an upper hand when it comes to negotiating leverage with their clients. Did you know that a lease renewal is one of your landlord’s most profitable transaction and in addition to a big pay day for the landlord their agent (who represents them) also gets a big pay day because they wont have to split their fees with a tenant agent. We even the playing field and create leverage for our clients in each negotiation by getting multiple properties to compete for your business. An attorney is going to be very helpful in negotiating the fine print of the lease, but typically most attorneys are not attuned to the specific concessions and incentives that savvy tenant brokers are getting for their clients. We work hand in hand with your counsel to ensure you are getting the best deal. In addition, by having us advocate for your best interest we can keep the emotions between landlord and tenant at a minimum and act as the needed buffer to make sure the lease negotiations go well but don’t interfere with the potential long term relationship between you and your landlord.
In our business there are always curve balls and we are often forced with having to come up with creative, out of the box solutions to help our clients solve complex real estate problems. We understand that your office space becomes an extension of your culture, it is your calling card and in many ways it is paramount to how your customers, employees and competitors view your business. Its a place that you can leverage to recruit your ideal work force and keep them happy. Today’s tenants want amenities like food service, great public transportation, fitness and conference centers and attentive management.
We also know that “you don’t know what you don’t know” and having an expert in your corner to point out the details, clarify the ambiguities, run the numbers and guide you through the process to avoid the inevitable pitfalls is of tremendous benefit to any tenant seeking space in today’s market.
Real estate occupancy costs are second only to salaries when it comes to running most businesses. Our strategy of first understanding your needs and then finding leverage in the marketplace has saved our clients millions of dollars. Unlike the landlord’s leasing agent, who is working to get the landlord the best deal, we represent the tenant’s side of the transaction and have a fiduciary responsibility to put our client’s interests first, avoiding all conflicts of interest while maintaining a clear focus on our client’s needs and objectives. A study published in November of 2014 by The Center for Real Estate Urban Analysis at The George Washington University looked at conflicts of interest in commercial real estate leasing transactions and how the tenant can easily come out the loser in office leasing transactions if they are not represented by a tenant agent that has their back. You can read the full article here.
We apply our collective experience, network, years of experience and a keen understanding of the Chicago office market to help each of our clients maximize the strategic implications that a lease or purchase has on your bottom line.
Even though we are working for the tenant, our fees are paid entirely by the landlord. Don’t waste your valuable time searching the internet for out of date information, calling random landlord agents or driving around fruitlessly calling on buildings that don’t have the right space to fit your needs. We know the market and know which buildings and ownership groups to bring you to based on your individual and unique needs and goals.
Don’t give the landlord the upper hand in your next lease negotiation, talk to us before you sign your next lease and experience what its like to work with a seasoned tenant agent.
Contact us today for a confidential discussion about your office space needs.
Steven R. Goldstein
Powered by Jameson Commercial
direct dial: 312-840-9002
For more information or for a complimentary review of your office space needs, please click on the link here to fill out our contact form.