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LANDLORD REPRESENTATION


FOUR MAJOR STEPS


When we sell or lease your property, this is what we do for you:

Step One · Property and Market Overview

  1. Conduct an initial in-depth consultation with you regarding your goals

  2. Inspect the property’s physical condition

  3. Determine whether environmental issues need to be addressed

  4. Recommend aesthetic changes, if needed, before showing the building

  5. Prepare a market analysis to determine current sales or leasing prices

  6. Analyze market activity for occupancy rates and trends

  7. Provide up-to-date comparable sales and lease information


Step Two · Present a Targeted Marketing Plan

  1. Design and produce display materials and flyers

  2. Send promotional e-mails to over 2,000 commercial brokers

  3. Target e-mails and phone calls to existing prospects

  4. Develop geographic and industry-specific mailings

  5. Provide a catered breakfast or lunch for commercial brokers

  6. Schedule inspections of the property with potential tenants and buyers and other real estate brokers


Step Three · Negotiations

When a prospect shows interest in leasing space, we determine whether its use, number of employees, work hours, and financial strength are compatible with the building’s parameters. If the prospect is acceptable, we enter into negotiations to get you the best price and terms.

When executing a lease, we negotiate the lease terms, including base rent, lease escalations, rental abatement, renewal terms, and sublease conditions. We work with your space planners or architect, if needed, to determine the cost of any fit-up.

When a prospect shows interest in purchasing your property, we make sure that the proposed use conforms to the zoning, parking, and municipal requirements. We negotiate the purchase price and other contract conditions, including closing deadline, financing, and environmental issues.

For both lease and purchase, we:

  1. Liaise with all parties to keep the transaction moving speedily and without problems

  2. Provide your attorney with a list of negotiated terms, which will be included in the final lease or purchase contract

  3. Review the attorney’s documents and comment if necessary

  4. Stay involved in a sales transaction until contracts are executed and the property has closed

  5. Stay involved in a lease transaction until leases are executed, the tenant has moved in, and beyond


Step Four · Moving In

It is our goal to make the move-in as smooth as possible for the new tenant and the landlord. Before the move, we obtain Certificates of Insurance from the tenant, moving company, installers, and delivery services. We schedule the move to alleviate tenant disruption. We make sure that floorboards and elevator padding protect the common areas, and we monitor the trash removal. In essence, our team is there until everything is complete and your tenant is happily ensconced in its new offices.

On the landlord’s behalf, Eli Cohen Real Estate then maintains the relationship with the tenant during its lease, attending to any situations that may arise.