Trinen Realty PartnersCommercial Real Estate Leasing in Denver, CO        www.TrinenPartners.com             William P. Tr...
Tenant/Buyers Representation                    Why Use a Representative?Labor CostFinding a Property/Space can be a time ...
Re-Locations:Hiring a Commercial Broker to represent you in a Relocation is same process as a LeaseRenewal but with more f...
Comparing different options and making smart financial choices is critical tomanaging the 2nd most expensive line item aft...
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Commercial Real Estate Denver Office Space Leasing Trinen Realty Partners

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http://www.trinenpartners.com/ Tenant and Buyers Representation - Why Use a Representative? Trinen Realty Partners is a full service commercial brokerage firm with over 23 years of experience in lease and sale transactions in the Denver metropolitan area. We combine the institutional quality and expertise of the large national firms with entrepreneurial ingenuity and local market knowledge. We offer the following expert services: tenant and buyer representation, development consultation, property sales and leasing, acquisitions and investments and broker referral and oversight.

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Commercial Real Estate Denver Office Space Leasing Trinen Realty Partners

  1. 1. Trinen Realty PartnersCommercial Real Estate Leasing in Denver, CO www.TrinenPartners.com William P. Trinen President – Trinen Realty Partners Call 303-481-6390
  2. 2. Tenant/Buyers Representation Why Use a Representative?Labor CostFinding a Property/Space can be a time consuming process. A Tenant/Buyer brokerguides the process and does the work for you making it more cost effective. This serviceis at no cost to the tenant/buyer, as in most cases our fee is paid by the Landlord orSeller.The Colorado Real Estate Commission stipulates that Tenants and Buyers have the rightto representation from a Licensed Real Estate Commercial Broker and to seekcompensation from the landlord or seller.Lease RenewalsEngaging a Commercial Broker to represent your business in a lease renewal levels theplaying field by having a legally appointed advocate to represent your best interest.Landlords and building owners usually have representatives that advocate their bestinterests leaving the tenant to fend for themselves.As the tenant advocate, the Tenant Rep Broker identifies suitable space options andrequests proposals from other building owners to move the tenant. This information canthen be used as leverage or bargaining power to negotiate the best lease rate, tenantfinish upgrades, and options at the current location. The landlord with simply sharpentheir pencil when the tenant has representation.In most cases the real estate fee is built into the asking price, and brokerage fees paid bylandlords are generally a part of the landlords operating costs of doing business. Thepossibility a tenant might vacate the building altogether and move to a competingfacility is a constant threat to property owners, yet an opportunity for tenants to lowertheir overhead and have the best facilities options.
  3. 3. Re-Locations:Hiring a Commercial Broker to represent you in a Relocation is same process as a LeaseRenewal but with more focus on actually moving. This process includes: • Finding and touring suitable space alternatives • Proposals from building owner representatives • Financial Analysis of space alternatives • Preparing counter offers to obtain the best possible terms • Working with a space planner or architect for space modifications and tenant finish work • Negotiating the Lease Document • Assisting tenant with vendors for phone, network cable installation, furniture, and moving logistics.Tenant/Buyer representation fees are paid by the Landlord/Owner on relocations.Negotiations:Having professional representation demonstrates a level of commitment and that you areaware of space alternatives in the marketplace. A Tenant/Buyer representative knows themarket and economic conditions that could impact your business, and deals withlandlords and tenants continually. Understanding the mechanics of a real estatetransaction and can structure the terms to work in favor of the Tenant/Buyer.Financial Analysis:Reviewing various alternatives from a financial standpoint is critical. Some of theanalysis we can provide are: • Net present value to compare various leasing alternatives • Argus and internal rate of return runs for investment scenarios. • Lease vs. buy analysis • Build to Suit pro-forma • Design Build models
  4. 4. Comparing different options and making smart financial choices is critical tomanaging the 2nd most expensive line item after labor cost... the real estate.Documentation:Familiarity with the documentation and customary clause language used during theprocess is important. A Tenant/Buyer representative has strong knowledge of thefollowing documents to navigate the process: • Offers and counteroffers • Letters of Intent • Leases • Work letters • Amendments • Purchase and Sale agreements Trinen Realty Partners Commercial Real Estate Leasing in Denver, CO www.TrinenPartners.com Call 303-481-6390 Trinen Realty Partners : 3900 E. Mexico Suite 700 Denver, Colorado 80210

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