PROJECT LEASING
PROPERTY OWNERS LOOK TO COMMERCIAL INDUSTRIAL PROPERTIES FOR PROJECT LEASING WHEN:
Seeking to increase occupancy, raise rents, or feeling dissatisfied with the current level of leasing activity
Needing to understand the right tenant mix for the project
Concerned that their property is not getting the attention it needs and deserves
Desiring the peace of mind that every effort is being made to proactively attract and retain tenants
Uncertain about current market conditions
Seeking a real estate team with the vital marketing skills, creativity, and relationships to effectively connect with end users and brokers
REQUEST YOUR CONSULTATION
OUR PROCESS OVERVIEW
Interview client to identify current challenges and establish specific leasing objectives
Perform a comprehensive property assessment to discover strengths and weaknesses
Identify potential maintenance and property enhancements which may increase the property value
Offer recommendations regarding quoted rental rates, concessions, and other leasing parameters
Provide specific market study on competitors
Evaluate comparable lease and sales transaction data
Design and produce marketing brochures to accurately present to prospects
Post listings to appropriate commercial real estate services
Conduct structured property tours and presentations to highlight property benefits
Generate regular comprehensive market activity reports which identify transaction origination history, active/inactive status, and other marketing efforts
Qualify prospective tenants and ascertain needs and objectives
Negotiate Letter of Intent terms with potential tenants
Prepare financial analysis and review with client
Draft lease documents in coordination with client’s legal counsel
Coordinate and necessary improvement projects with property management, tenant, and any construction manager
Maintain communication with property manager to facilitate seamless move-in process
RELATED RESOURCES FOR PROJECT LEASING
