- New Space Needs
When your business requires space to start up or expand, it is imperative you seek professional representation. Nagle Real Estate & Investment Advisors is where you should go to ensure your personal and business interests in the new space leasing process are properly communicated, tailored to your current needs as wells as into the future. NRE&IA has the hands on expertise to provide the proper representation given the company has represented both Landlords and Tenants over the past 40 years.
- Expansion Space Requirement
Many Tenants feel they can negotiate additional space needs for expansion purposes directly with their Landlord given their relationship established with the Landlord on their Initial lease. This is exactly what the Landlord wants their Tenants to do. It is imperative a tenant engages professional representation, especially when it comes to expansion needs. The dynamics created for expansion provides the tenant's representative the opportunity to not only look at the terms and conditions for the expansion space, but also provides a unique opportunity to look at the existing lease to modify terms more favorable to the tenant simultaneously with the expansion process.
- Lease Renewal Representation
Once again, it is imperative a tenant engages representation to handle the lease renewal process with the tenant's existing Landlord. A leasing professional will not only deal with the existing Landlord but will also canvass the surrounding markets to find suitable alternative locations for their tenant/client. Even though the tenant may not want to move, other leasing options bring Into play additional market information which helps strengthen the negotiations with the current Landlord.
- Space Contraction/Lease Break Needs
During a business cycle down turn or given a tenant's unique situation it may trigger the need for a tenant to downsize or get out of their current lease obligation. A professional lease negotiator can help determine the best options for the tenant to downsize or negotiate a lease break with the Landlord. A professional can bring into play many more dynamics than a tenant can given the market knowledge and proven expertise in minimizing the costs to downsize or vacate a space no longer needed.