OfficeTenant.com

Absolutely Everything About Office Leasing

OfficeTenant.com

Introduction

Overview Page 2

Office Leasing Process

OfficeTenant Articles

Tenant Rep News

HIRING THE PROFESSIONALS

Tenant Rep Agency

"Broker Inundation"

Architect

Attorney

AGENCY LAW

TIME SPAN

12 Month Outline

LEASING MISTAKES

More Common Mistakes

NEEDS ASSESSMENT

MY PRESENT SPACE

Renew and Improve

LEASING RESOURCES

Business Furniture

Computers & Equipment

Design

Moving

Temp & Exec Suites

Truck Rental

Periodicals

Corporate Art

Plants

Insurance

Marketing

Website Service

Interior Contrators

Data & Technology

Office Supplies

Stationary & Printing

Voice & Telephony

MY EMPLOYEES

Mapping

Relocation Stress

Temporary Employees

Executive Search

Relo Service

REAL ESTATE MARKET

Inventory of Office Space

The Tour

Market Data

Existing Tenants

BUILDING INFORMATION

Technical Data

Operating Expenses

Tenant Improvements

Space Measurement

NEGOTIATIONS

Getting to Yes

"Tail Light" Negotiations

ARCHITECTURAL

More Architectural

Allowance & Configuration

Dimensions

Ratios & Load Factors

FINANCIAL ANALYSIS

GOVERNMENTAL ISSUES

THE LEASE

Other Lease Elements

Lease Item Examples

Expansion

Right of First Refusal

Right of First Offer

Contraction

Rent Adjustments

Subleasing

INTERIORS CONSTRUCTION

COST DEVELOPMENT

VALUE ENGINEERING

CONSTRUCTION TIMING

OCCUPANCY ISSUES

Heat and AC

Janitorial

Trash & Waste Removal

Landscape Service

Dispute with Landlord

POST LEASE

Lease Synopsis

Critical Dates

Postpartum Issues

Lease Monitoring

Construction Audit

Operating Expense Audit

DISASTER PLANNING

Glossary of Terms

 
Postpartum Issues
At the end of the move in, a period of decompression will take place, both from the duties of move management and from the actual move. Be sure to offer and provide a debriefing session with your employees afterward, giving them the opportunity to provide constructive input and update their employment file for having taken on the additional responsibilities.

You may have worked with a real estate agent for over a year. The negotiations and details associated with the leasing process, construction, your existing (past) landlord and having spent a lot of time on real estate rather than your business take their toll. Like with any difficult, but essential, business aspect there comes a time to put it behind you - physically and mentally. You may have thoroughly enjoyed the control you had in the leasing decision and the results, but the lengthy process is something you need to put behind you. Even the great real estate agent who did great work for you and your company will fall victim to your need to let go. While real estate is a perpetual issue in business and good real estate agents are extremely valuable (especially in managing any disagreements with your new landlord under the lease - and for the future when you'll need that expertise again), you'll find yourself avoiding the topic or that agent. That's a natural part of the decompression.

Don't forget that your lease is an important reference to that real estate agent and agency; they are very proud of their work with you and of the result of your lease.  They have a natural pride in a professionally completed effort. Your real estate agent may be the very first person you have feelings of decompression for and want to avoid. Try to repress those feelings and allow the agent the time to visit with you afterward in an effort to debrief - that is, learn from the experience to improve their work with other tenants, and yes perhaps you, in the future. Don't allow your good relationship over the last year go in the toilet on the sole basis you want silence on the subject. Their continuous improvement and reference of a job well done with your company generates a more professional and respected agent. After all, they will be in contact with you in the future anyway. Might as well keep their professional wisdom nearby.

Nothing contained herein is to be considered legal advice. Always seek legal advice when evaluating any legal document

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