Tenant space construction
Tenants frequently need to make changes to existing office space in
order to accommodate their specific company needs. This is a
complicated process for both the tenant and the landlord. It requires
careful and thorough negotiations. It’s important that you be
represented by someone who understands the finer points of this type of
contract whether it’s renovating existing office space or building it
from scratch. You need a professional commercial real estate broker to
assure that the process goes smoothly.
Most tenants arrange for the landlord to build or renovate the
office space. In many cases, the landlord has established contacts that
can translate to a significant savings for the tenant, if you have an
experienced commercial broker as your advocate. THE MAKEN GROUP
can often negotiate a deal where the landlord transfers savings he may
be receiving from volume discounts directly over to you. However,
having the landlord take responsibility for the final construction of
the office space means every last aspect of the contract needs to be
perfect. It takes years of experience to know the ins and outs of this
type of arrangement. THE MAKEN GROUP will make sure
that complete planning specifications have been made and approved by
you prior to signing the lease. With our experience, your contract
will be “loophole” free and will thoroughly document the landlord’s
responsibilities.
If you decide that you would prefer to take the responsibility for
construction of the office space, we have the vital negotiation tactics
for you. These tactics can often mean the difference between you paying
for the construction on your own, or the landlord offsetting the cost
and even sometimes completely reimbursing you. Don’t get caught paying
costs you don’t have to, let THE MAKEN GROUP help you find the best terms for the construction of your new office space.