Commercial leases are long, complicated documents that often require the assistance of attorneys and real estate professionals. Your Landlord has hired the best help money can buy to advise him, so why don't you? Office rent is typically the second or third largest expense for most companies. As such, companies must carefully qualify, quantify, and analyze space options prior to making lease decisions to ensure they are negotiating and receiving the best options available.

This is where TRG Advisors comes in. You're able to access our business expertise, free of charge, and have someone represent you whose only fiduciary responsibility is to you, not the Landlord. Our team invests the time and energy necessary to understand your business and help ensure the space you lease meets and exceeds your business needs. And, since commercial real estate commissions in broker assisted transactions are typically built into the rental structure, there is no direct cost to you for using our services.

It's often true that a 'legally acceptable' lease can turn a great office space into a bad business deal. Most companies only lease space every 5-10 years and cannot accomplish what a commercial leasing specialist with in-depth market knowledge is able to. TRG Advisors' concentrated market expertise and guidance can protect a company from very costly, inadvertent errors and also can secure the best business terms and conditions for the life of the lease and beyond. An advocate that is knowledgeable of and proficient in dealing with local lease options can be vital in guiding and managing a successful office leasing process. As such, you can expect the following from a TRG Advisor Tenant Representative:

  • Spot and neutralize potential pitfalls or "standard terms" in the 20-50 page "standard lease agreements" which are written by landlords to protect their interests. These "standard leases" are loaded with hidden business terms that are easy for tenants to overlook without expert professional Tenant Representatives. The lease document will govern in disputes. Favorable, or at least even-handed, lease provisions are the best medium for recourse. Lawyers don't provide complete protection. They are not trained to analyze business issues responsible for many hidden and excessive leasing costs. Lawyers are not experts in building operating systems. Oftentimes, they have never visited the negotiated premises and miss many problems because they didn't know that the lease did not address certain key factors that must be seen to be appreciated and avoided.

  • Achieve lower total occupancy costs, more concessions, improved lease flexibility, and minimized hidden costs because of Tenant Representative's negotiating skills and familiarity with important building and market conditions. The landlord's business is leasing space and maximizing the value of their assets, specifically your building. This is accomplished by extracting the highest price per square foot and incorporating into the lease the most conservative business and legal provisions possible. A good real estate lawyer can help protect your legal interests, but often isn't equipped to advise on business points. A good Tenant Representative will improve your immediate and future business terms, which complement a good commercial real estate attorney's legal protections.

  • Be familiar with competing buildings. Developers and landlords know that tenants with experienced Tenant Representatives can shift negotiations if they do not proceed smoothly. This alone can save tenants substantial amounts of time and money.

  • Have extensive knowledge of product and the process. This in-depth market knowledge of specific buildings and prior deals puts the client on equal ground with professional full-time landlords and their contracted agents.

  • Establish an exclusive relationship to secure a fiduciary obligation whereby a trusted and skilled professional is accountable to you for a results-oriented performance.

  • Create credibility through professionalism with landlords to minimize complications in a transaction.

  • Be entirely objective with no conflict of interest and never promote a specific product.