Successful commercial real estate transactions are about so much more than just negotiating the best deal. For most companies, commercial real estate is the second largest business expense, and it’s an investment in the future of the company. How well that investment supports business objectives can hinder or help operations for years to come.
At Howard Properties, we work closely with our clients to understand their unique needs and business goals. Our commercial real estate services means your business will benefit from our market knowledge, decades of experience, and meticulous attention to the needs of your company. As your tenant representative, we’ll ensure your new space maximizes the value of your rental budget and supports your business growth now and in the future.
We create the best options for our clients that they can’t get by themselves. As a result, our clients get more than the cost savings of a masterfully negotiated deal.
Tenant Representation
Representing our clients to achieve the lowest possible rents and highest possible construction and free rent allowances, whether for a relocation, lease renewal, expansion or contraction of space.
Lease Renewals
Representing our clients with a “zero based” approach to extending existing leases to achieve the best terms and conditions for the future. There are many instances in which rents can actually be rolled back and space can be reconfigured or renovated at no cost to the tenant as a result of a professional renewal negotiation.
Lease Negotiation
There are many “business points” in a lease that are worth real money. We can negotiate these points to your advantage.
Lease Restructuring/Blend and Extend
Even if your lease does not expire for years, there are opportunities to reduce your rent, make modifications in your space to improve its aesthetics and workflow, and lock in low lease rates for additional years.
Lease Administration
Keeping track of critical dates (renewal notices, expansion or contraction rights, rights of first offer or first refusal, cancellation dates, etc.) and lease provisions for financial or operational questions that may arise during a lease term.
Space Programming and Planning
Making sure that the space optimizes the tenant’s work flow and is as efficient as possible.
Space Expansion or Reduction
Representing our clients in negotiating with their existing landlord to achieve flexibility in their space without the cost and disruption of a relocation.
Space Disposal (Assignment and Subleasing)
Achieving occupancy cost savings by marketing and disposing of excess space.
Buyer Representation
Representing clients in the purchase of real estate for use by their own business, or for investment purposes.
Corporate Services
Regional, national and international real estate services for multi-market clients through a single point of contact. This service also includes ongoing monitoring of each market in which the client occupies real estate to determine current market conditions and help strategize ways to reduce occupancy costs and quickly address changing business needs.
Real Estate Consulting
Working with tenants or owner/users to determine future space needs, exit strategies, and ways to maximize efficiency while reducing occupancy cost. This should be done as business changes are anticipated, whether or not lease expirations are on the horizon. This service also includes strategizing well in advance of such critical dates to determine how to maximize the value and flexibility of your lease or owned property.
Market Studies
Preparing real estate market overviews to help clients make corporate real estate decisions.
Property Analysis
A professional assessment of a property to understand how well it will function for your business, the permitted uses under zoning, the potential for expansion, and the requirements to build it out for a client’s specific use.
Financial Analysis
Comparing multiple deal scenarios in terms of cash flow to determine the best way to structure a lease or purchase to fit the user’s budget and business objectives.
Workletter Analysis
Making sure that the landlord will deliver the tenant’s space with all the required infrastructure and aesthetics required by the tenant at the lowest cost to the tenant.
Project Marketing
Working with building owners to effectively market vacant space to brokers and tenants.
Expert Witness Testimony
Providing testimony before zoning/planning boards on behalf of owners or users, as well as providing testimony in real estate related litigation.
Howard Properties is your trusted local real estate firm for the next phase of your business. With over 25 years of expertise managing commercial real estate transactions for businesses of all sizes in Westchester, New York and around the country, your business will benefit from having a knowledgeable, professional tenant representative on their side.
See our case studies and client reviews for more on how we create long term solutions for our clients that propel business growth.
