LANDLORD/SELLER REPRESENTATION
A landlord / seller representative is a licensed commercial real estate
professional who locates potential tenants / buyers, facilitates and negotiates
the lease or sale of office, retail, industrial space or land for individual, corporate
and institutional users and investors.
Gunn Realty Advisors, LLC is dedicated to landlord or seller representation in
real estate transactions and has experience in all property types and all types of commercial real estate transactions including investment properties and
financial analysis.
The advantages you gain by using our service are numerous. Gunn Realty
Advisors, LLC will save you time and money by allowing you to concentrate on
your core business while we research your best real estate options. We give
you an objective evaluation of your marketing alternatives such as retail vs.
office, single vs. multi-tenant.
Obtaining professional real estate services adds increased value to you by
achieving greater lease flexibility for you, while minimizing hidden costs. Leasing
costs will be analyzed and documented so that the final decision to lease to a
particular tenant can be analyzed quickly by you. We also assist in preserving
future relationships between landlord and tenant. Your property will be
presented as a preferred location, maximizing the interest in your property.
Gunn Realty Advisors, LLC proven professional real estate advice, will give you
confidence in making your decisions.
The Gunn Realty Advisors, LLC Landlord/Seller Process:
- 1. Develop an understanding of your goals for the property including lease/sale
decisions.
- Provide a detailed report of competitive properties, complete with property
descriptions and other pertinent data.
- Determine the best use of the space to receive the most value for the property
in the least amount of time. For example, should the building be multi-tenant,
should a single floor be subdivided. What issues effect this decision such as
ingress and egress for the tenants, multiple exits to meet code, ADA
considerations, tenant improvement costs including demising the space for
multiple tenants.
- Determine what improvements may be needed to market the space to today's
tenants. This may include adding a drive-thru for some retailers, adding fiber
optic cabling for office users, etc.
- Determine market rate for the building in all of the above scenarios, i.e. full
floor, multi-tenant, retail, office, etc. based on comps and market availability.
- Determine a budget for tenant improvements, legal costs for lease drafting and
review, architectural costs and leasing commissions.
- Work closely with the municipality to determine their position in regard to
marketing the building and the acceptability of the tenant mix we propose. Also
determine the possibility of signage on various sides of the property.
- Position the building in the marketplace to obtain the highest value in the least
possible time frame.
- Orchestrate all lease/sale negotiations with the prospective tenant/purchaser of
the building per your objectives.
- Interface with the tenant/buyer, architect, attorney and construction staff to
monitor space planning, construction and lease completion to insure that all
of these meet your specifications and get completed in a timely fashion at
minimal cost to you.
- Develop a marketing/advertising plan and budget, with your approval, to
encourage property tours and prospect calls including a very focused direct
mailing list.