Leasing/Brokerage
Exelcomm Commercial Advisors, Inc. represent both Landlord and Tenant.
- We assure that tenant office environments are always pleasant and desirable. We want all tenants to be proud of their location in the property. We are able to create buildings that are desirable and marketable. Top management gets directly involved with the tenant and with correcting problems. Promises to tenants are kept, regardless of the cost to us.
- When an owner selects us to lease office space, our team of leasing professionals begin an in-depth analysis of the property, the market and the building services.
- Our goal is to provide leasing and marketing programs designed to achieve the owner’s objectives including: rental rates, improvement allowances, parking arrangements and type of tenants. We target tenants, identify their location and establish time frames for filling vacancies.
- Critical to the buildings value is lease administration. We have established success for our ability in evaluating the terms and conditions of lease agreements. Thousands of dollars have been saved for many clients due to our special evaluation methods. We evaluate and audit all lease agreements a minimum of every six months.
Lease Negotiation Considerations
Know Lease Terminology. Hire a professional to review all lease negotiations and lease terms if you don’t know the lingo. Many times, tenants and/or Owners will negotiate leases that they don’t understand. Today, there are many different types of leases and many new terms. Full Glossary of Leasing Terms »
- Additional Rent
- Base Year
- Common Area Factor
- CPI
- Expense Stop
- Gross Lease o Net Lease o Operating Expenses
- Usable Square Feet
- Rentable Square Feet
- Tenant Finish
- How the tenant finish allowance is calculated
- What to look for in selection of architects and contractors
- How to evaluate the construction bids