Commercial Real Estate Search & Transaction Process
Acquisition Procedure: 4 Easy Steps
- Step 1. Analysis of your office space, showroom, office loft or retail/store requirement
- Your Priorities
- Your Budget
- Your Agenda
- Step 2. Selection of office space, showroom, office loft, retail/store that meets your specific needs
- Listing research and survey reports
- Property Selection
- Site Tours
- Site Review (lay-out, electrical, telecommunications, HVAC systems, security, lobby, common areas)
- Financial Projections
- Step 3. Negotiation of the best lease, sublease or purchase terms
- Base Rent (applicable for leased, sublease & executive office suites)
- Free Rent Concessions (applicable for leased space)
- Build-Outs (applicable for leased space)
- Escalations (applicable for leased space)
- Electric & HVAC (applicable for leased & subleased)
- Renewal Options (applicable for leased space)
- Purchase Price (applicable for purchase of commercial coop, condominium, retail space or building)
- Step 4. We assist you with construction and move in process
- Architectural Design
- Cost Estimating
- Construction Management
- Telecommunication & Computer Network
- Move in Planning
For further information, call Alan Rosinsky at 212-447-5403 or e-mail alan@metro-manhattan.com
Commercial Real Estate Acquisition: direct lease, sublease,
shared space, purchase
DIRECT LEASE
Description
Tenant leases offices directly from landlord and maintains control and responsibility for the premises.
Benefits
- Direct relationship with landlord
- Lower cost space than office suites
- Office space can be custom built if tenant signs long term lease
SUB-LEASE
Description
Tenant rents space from the tenant who has a direct lease from the landlord.
Benefits
- Tends to cost less than direct lease
- Duration is variable (as short a term as one year)
- Occupancy is faster
- Furniture and phone systems can be supplied
EXECUTIVE OFFICE SUITE
Description
Allows tenant to rent a single office or multiple offices. Provides shared conference and reception areas as well as administrative services.
Benefits
- Direct relationship with landlord Extremely flexible lease terms
- (from one month to a year)
- Amenities of larger office space
- (receptionist, copy room, mail services, conference room as well as word processing)
PURCHASE
Description
Commercial co-ops, condominium or building is bought for business usage.
Benefits
- Potential appreciation
- Long term stability
- Complete control of premises
- Tax benefits
Our Expertise
- We give you immediate access to all direct space, sublet space, commercial co-ops or condominiums, free standing buildings and executive office suites in New York City.
- We locate any space you seek.
- We help you organize your thoughts and expectations into a highly practical group of alternatives within your budget and time table.
- We save you time and money
For further information, call Alan Rosinsky at 212-447-5403 or e-mail alan@metro-manhattan.com
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