The Search Process
Jeff Taylor Sells Charlotte Office Space
There are a number of phases that a company will go through when looking for office space. Here are the steps that we will take you through:
Phase I – Discovery of Requirements
- Interview Key Personnel
- Examine Current Lease / Existing Floor Plan
- Create a Space Program
- Determine a Target Geographical Location
- Determine Budget
Phase II – Identify / Qualify Alternatives
- Search the Market for Potential Locations
- Identify the Top Locations
- Tour Top Locations
Phase III – Undertake In-Depth R&D
- Determine Short List of Properties
- Engage Architect to Develop a Space Plan
- Develop a Request for Proposal (RFP) to send to Short List
- Receive Proposals from Landlords and Analyze Them
- Begin Estimating the Cost of the Improvements to the Space
Phase IV – Negotiate Terms & Conditions
- Develop a Letter of Intent (LOI) for Top Choice
- Agree to Terms
- Agree on Space Plan
- Negotiate Lease Terms with Attorney
- Determine Construction Schedule
Phase V – Execute Transaction
- Sign Lease Documents
- Monitor the Construction Process
- Final Walk Through
- Move In
Phase VI – Post Lease Support
- Create a Lease Abstract
- Provide Operating Expense Audits
- Help with Expansion, Construction, or Disposition of office space
- Renewal Negotiations
