How important is tenant representation?
Category Editorial
Tenant representation in the commercial sector has become standard practice in many overseas countries and has now started to gain traction in South Africa as we see an increase in the complexities of negotiating a commercial lease. Spire Properties has a long history in the commercial real estate market, and we have an extensive portfolio of commercial, retail and industrial properties in our portfolio. In addition to this we have access to the widest assortment of commercial properties in South Africa. We have used our longstanding relationships with the countries top Property Funds and Property Management Companies to secure premises for many blue-chip organizations. Spire has been in the Property Management game for over 20 years, and we are able to provide your organization with professional tenant representation services to ensure you get the best deal possible.
The role of a tenant representative is often less about helping your business find suitable space, but rather, tenant representatives are being sought out to provide you with advice, negotiate and exclusively represent your interests.
Why do you need Tenant Representation?
- Whilst it is pretty easy to use the internet to see what commercial properties are available in the market, Spire Properties has access to some of the best properties before they make their way to the mainstream market.
- Our Tenant Representatives are experts in their areas, and we can provide your business with accurate and reliable intelligence on market trends, vacancy rates for the area you are looking in.
- Spire Properties has successfully negotiated hundreds of commercial lease agreements, and we understand that your business is your business, our business in property. So let us take the hassle out of your lease negotiation and get you a deal that works for your business.
Our Services
- We will have a look at your requirements and conduct a full analysis of your property portfolio and provide recommendation that may include relocation, consolidation, or renewing your lease at your current premises.
- Spire will bring in professional architects, internal design specialist and space planners to review your current property layouts and make recommendations to extract the full potential of your commercial space. This process looks at our workflow and optimizes the flow and layout of your space to enhance productivity, as well as reduce wasted and unproductive space.
- Lease negotiation on your behalf to ensure that your get the best possible deal under the prevailing market conditions.
Author: Spire Properties