
Retail businesses face unique challenges in the commercial real estate market. From selecting the ideal location to negotiating lease terms, it's critical for retail tenants to partner with experts who understand the intricacies of retail spaces. That's where our Retail Tenant Representation Services come in.
Anyone who has spent time searching real estate listing websites knows how frustrating it can be to find a retail property that meets all of your needs. Commercial tenant advisors have specialized industry tools and resources that allow us to access retail listings before they are even publicly listed.
Unlike other businesses, location can be the deciding factor between success and failure for retail stores. Through in-depth market research & analysis we are able to give our clients an edge in the competitive commercial real estate landscape, ensuring that our clients locate the perfect spaces, under the best terms, to thrive and expand their retail operations.
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Negotiating a retail lease can be a complex, and even intimidating process, especially if it's your first time. Our retail tenant reps bring over 30 years of lease negotiation experience to the table, ensuring you get the most favorable terms.
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Unsure if you should relocate your retail store to a larger space or expand the space you're currently in? We can perform a deep analysis of current market conditions, opportunities, and more to help you make a data-driven decision.
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As retail tenant advisors, we play a crucial role in assisting retail businesses in finding the ideal location for their operations. We specialize in tenant representation, acting as an extension of the retailer's internal real estate department and providing various services tailored to each client's needs. Our primary responsibilities include:
We advise new-to-market retail tenants in their search for suitable business locations, as well as current tenants considering a renewal, an expansion or a move to a new retail center. We take time to understand our clients’ co-tenancy issues (positive or negative) in the same center or in a new location, and identify the suitable options. We then serve as an aggressive advocate for our clients, negotiating the best possible terms and conditions with owners and landlords.
Vacancy rates and new retail construction in the local market
The tenant mix for each prospective retail center or location
Exclusive uses and restrictions and radius restrictions that can impact a retailer's growth plan
Existing infrastructure of a proposed space, such as A/C, fire safety, or kitchen equipment
The surrounding demographics to see if it matches the tenant's target market
Traffic patterns and buying patterns of the surrounding residential community
Parking patterns within the center for customers access to a retailer's space
Trends in rental rates, landlord concessions and other financial issues
The current and projected tenant occupancy costs for a space
Details of the common area maintenance (CAM) charges billed to tenants
Can't find the answer you're looking for? Contact an advisor today.
If you're considering leasing an office, retail space, or industrial space in South Florida, contact us before you sign. Our commercial real estate experts are here to provide any advice or representation you may need.
"Mark's services were invaluable in coordinating all facets of our company's move when we relocated our headquarters in Broward County. His ability to supervise all details to ensure a smooth and seamless transition for all of our corporate operations were remarkable."
General Counsel
Broward-Based, Publicly-Traded Pharma Company