Archive for May, 2009
Salon Vibe leased 1,300 sq.ft. at 2140 Winthrop Road. Sally DeLair and Marc Snow represented the landlord.
Are you looking to relocate, consolidate, sublease, acquire new space or dispose of excess space? For most companies this is not an every day occurrence but a task possibly every 3 to 5 years or more. But before beginning this process, ask you yourself if you have the time and expertise to research the market of available opportunities? Do you know the market leasing rates and incentives being offered today? Do you have the time and expertise to negotiate with landlords while handling all of your other job responsibilities? If you answered no to any of these questions, then consider engaging a tenant representative to work on your behalf.
The leasing process is generally a complex, time-consuming task and full of potential problems. Hiring a good tenant representative can eliminate many of the hassles, save you a substantial amount of time and generate cost savings.
What are some of the benefits to using a tenant rep?
- Acts as your guide through the leasing process
- Analyzes your space needs to avoid leasing too much or too little space
- Shares their knowledge of asking rates and incentives available in the market
- Assists in negotiations to obtain terms that meet present and future needs of your business and avoids critical mistakes
- Serves as a buffer between you and the landlord to keep your relationship with the landlord cordial
- Handles the paperwork necessary to complete the transaction and other details of lease negotiation
Your primary business is running your company. Allow a tenant rep to help you find the right space with the best possible terms and conditions and save you time and money. Call today for a free copy of an Office Space Planning Checklist.
Panera Bread signed a lease to open a bakery-cafe in downtown Lincoln in the first floor of the Arbor Day Plaza on the corner of 12th & P streets. Tom Graf represented the landlord, the Arbor Day Foundation.
The Noble Spine Centre, P.C. is set to open a new location at 4220 Pioneer Woods (70th & Pioneers Blvd). Marc Snow represented the landlord.
Dietze Music has signed a lease to relocate their south Lincoln store to the Briarhurst Center at 48th and Hwy. 2 in the former hardware store space next to Earl May’s. Dietze will occupy close to 6,000 square feet. Tom Graf, Marc Snow and PrimeSites represented the owner.
Emerald Care Company purchased in March 2009 a 15,649 square foot medical office building at 2355 Superior Street. The building will be renovated to house an assisted living facility for alzheimer’s and dementia residents. Richard Meginnis and Hank Woods represented the seller.
NAI Global has been ranked 4th on the National Real Estate Investor’s (NREI) top 25 Brokerage Survey. The ranking is based on the total dollar value of leasing transactions and investment sales globally in 2008.