Tenant Representation

1. UNDERSTAND YOUR BUSINESS NEEDS

The first step is to understand your business's needs and requirements, such as location, space requirements, and budget. We will work with you to determine the best location and space that suits your needs.

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2. CREATE A BUSINESS PLAN

Whether you are a start up or an established business owner a business plan is your guide for success. A business plan is a roadmap that outlines your goals, strategies, and tactics for achieving success. It should include key elements such as your target market, competitive analysis, financial projections, marketing plan, and more.

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We will want to review your business plan to better understand your needs and goals. We can provide valuable insight and advice on factors such as market conditions, industry trends, and other considerations that may impact your business. By working together and having a solid business plan in place, you'll be better equipped to find the right commercial space that meets your needs and supports your business growth.  

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3. RESEARCH AVAILABLE PROPERTIES

We will help you research available properties that meet your business needs. Ardor Commercial Advisors has access to all of the major commercial real estate platforms such as CoStar, LoopNet, Crexi, and Reonomy, as well as the local MLS. We also have access to listings not publicly available, so you will have more options to choose from.

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4. SCHEDULE PROPERTY TOURS

Once you have identified potential properties, we will schedule property tours to so you can view the interior of the space so you can get a better insight on how the space suits your needs. 

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5. EVALUATE PROPERTIES

After touring the properties, we will work together to evaluate the spaces and determine which one best suits your business needs. As your commercial real estate advisor we can also provide insight and advice on factors such as lease terms, zoning laws, and other regulations that may impact your business.

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6. NEGOTIATE LEASE TERMS

Once you've identified the space you want to lease, we will help you negotiate lease terms, such as rent, lease length, and any concessions or space improvements you may be eligible for. This will be drawn up in a Letter of Intent, also known as an LOI, which we will draft for you to review. 

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7. DUE DILIGENCE

Before signing a lease agreement, it's important to conduct due diligence on the property and ensure that it meets your business needs. We will help you with this process by reviewing the lease agreement, conducting property inspections, and identifying any potential issues that may arise.

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8. FINALIZE LEASE AGREEMENT

As your commercial real estate advisor, we will work with you and the landlord or property manager to finalize the lease agreement and ensure that all terms and conditions that were agreed upon in the LOI made it to the lease. 

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9. SECURITY DEPOSIT & KEYS

Once the lease is signed by both the tenant and the landlord, the security deposit will need to be paid. We will help you to get the security deposit to the right party. After the security deposit is processed you the landlord or property manager will get you the keys to your new space.

 

10. WORKING WITH CONTRACTORS & ARCHITECTS

If you need to make any modifications or improvements to the property before moving in, we will help you find qualified contractors and architects who can provide estimates and recommendations. They can also help you navigate the permitting and approval process to ensure that all work is completed on time and within budget.   

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11. A CLIENT FOR LIFE

After the lease is executed, we can continue to provide support to ensure a smooth transition into your new commercial space. We can assist with coordinating move-in logistics, such as helping you find the right companies for utilities and internet services. We are also a resource for answering any questions that arise during the lease term,  negotiating lease renewals. Having a trusted advisor throughout the leasing process can help alleviate stress and ensure that you have a positive experience as a tenant