Commercial Real Estate Tenant Representative

Andrea Davis on “Real Talk, Real Business, Real People” with Melissa Swader

Inside the studio with Andrea Davis, CCIM and author of SimpLEASEity, a book designed to help every one in the market learn about commercial real estate leasing. Her specialty in office, industrial and flex. Andrea also breaks down some insights regarding how her tenant representation & how she brings a full comprehensive service, saving her clients 10-20% in lease negotiations.

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What’s Next For Commercial Real Estate in Arizona After COVID-19

Flexibility – key to survival post COVID-19 On April 29, Arizona Governor Ducey extended the state’s Stay-At-Home-Order Order until May 15. For many, that means two more weeks of working from home, two more weeks office spaces will be empty, and two more weeks businesses like gyms, barber shops and salons will remain closed. And Arizona isn’t the only state in this position.  Before we jump into what could happen next for these businesses and the commercial real estate industry as a whole, I want to take a step back and look at how we got here. We all know

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Andrea Davis – NPR Interview with Doug Wells and Alison Kuhlow

Andrea Davis, author of SimpLEASEity: A business owners guide to winning the game of commercial real estate leasing walks NPR listeners through some of her 11 steps outlined in the book that help ease this increasingly complicated process. Read the article: https://www.kpcw.org/post/simpleaseity-business-owners-guide-winning-game-commercial-real-estate-leasing

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Subleasing Commercial Space – Is It For You?

Subleasing has upsides and downsides. To determine if a sublease is the best fit for your business, consider these questions. Is your business growing or shrinking? What size space does your business need? What is the best location for your business? How long do you want to be there? The answers to these questions will help you determine if a sublease space benefits your current business position. Years of experience provide these simple guidelines for subleasing. Reasons to Sublease Commercial Space: The location is ideal for your business and there are no other lease options that support your business expectations.

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Out of the Loop

ROI commercial Property scottsdale sale

(Dear Reader: These ‘Business Owner’ segments illustrate how real life commercial real estate challenges can result in win-win solutions…even when the going gets tough!) Dear Business Owner, The commercial real estate asset purchased during the downturn is one of your best investments. A reliable tenant, initially produced a healthy, cash on cash, 9 percent annual return on your investment and now it yields a 10.5 percent annual return. Score! Every month there is an automatic deposit into your bank account. The tenant’s lobby is always packed. The office manager shared that this is their top grossing location in Phoenix. After

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Dear Business Owner: The Circus Stays in Town

Dear Reader: These ‘Business Owner’ segments illustrate how real life commercial real estate challenges result in win-win solutions…even when the going gets tough! Dear Business Owner, Sometimes running a business is like running a three-ring circus. Relocating an established company involves assessing the current business strategies while defining the company’s future.  Such is the case for The Circus School that teaches all age kids, circ du sole like acrobatics.  Buried in the middle of a light industrial park, The Circus School has limited visibility and is difficult to find. Their unique program draws a crowd, but they also use target

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Do I Stay, or Do I Go? – Ask a Tenant Rep

Tenant Rep negates on behalf of the tenant

Dear Business Owner, No Pain Chiropractor’s 1,500 square foot retail lease is up for renewal.  The big question for No Pain is, “Do I stay, or do I go?” Business is booming and the lease amendment details, like a higher lease rate and no tenant improvements, had been pushed to the back burner until the last minute. By then No Pain Chiropractor was in a corner. Sam, the business owner had two choices: sign the amendment or try to relocate in two weeks. Sam weighs his options. Overwhelmed by the process, he signs the renewal instead of the risk of

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The Cost of Tenant Representation – Part I

Inexperienced Tenants often mistake the person showing them an office suite, the Landlord’s Agent/Broker, as someone who will take care of them in their lease negotiations.  They don’t and here’s why. Landlords and Tenants interest in leasing space differs greatly. The Landlord wants to make money and the Tenant wants to save money. This juxtaposed position makes it impossible for one Broker to honestly and fairly represent both sides of a lease transaction. A Landlord’s Broker has a fiduciary duty to the Landlord; a built-in conflict of interest. When a Landlord’s Broker suggests they can represent you, the Tenant, fairly,

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Part IV – SimpLEASEity – Commercial Real Estate Overview

We’re going to keep this brief… Before SimpLEASEity’s™ 11-steps of leasing can be executed, it’s necessary to understand a few commercial real estate (CRE) fundamentals. The key to Tenant success is twofold. Appreciate how CRE fundamentals fit into the larger scheme of a lease. Recognize the importance of retaining experienced Tenant Representation to save money on your new lease or renewal. CRE is BIG business. This powerful industry dominates world affairs and it fuels our economy.  CRE is built on long standing relationships with BIG money behind it. From the beginning of time, landowners have held the power. As a

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Part III – SimpLEASEity

Why a Tenant Rep? A Tenant Rep is a highly trained specialist who safeguards lease exposure, manages expectations, analyses each property, and assures the negotiated lease terms are what market conditions dictate as fair.  The Tenant Rep keeps you informed of industry changes, trends and will assist with lease renewals. Think about it, a business owner seldom searches for office space.  At most, a company moves two or three, maybe four times during its business life.  The average lease term is three to five years, sometimes ten. If the lease is written well from the get-go, the Tenant Rep will

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