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Is it time for your firm to renew its lease? Expand? Consolidate locations?
In todays’ complicated business environment, work with the professionals
at PSB Realty Advisors. As tenant representatives, PSB conducts all the
research and analysis work to present you with the options most favorable
to your firm and to put you in control of the transaction.
Best of all, the full range of professional services is usually cost-free
to your firm.
Tenant RepresentationLEVERAGE. OPTIONS. CONTROL.
P S BR E A L T y A d V I S O R S
PSB REALTy AdVISORS | 614-451-1770 | 5003 HoRIzonS DRIvE SuItE 100 ColumBuS oHIo 43220 | www.PSB-REAlty.Com P S B
P S BR E A L T y A d V I S O R S
PSB REALTy AdVISORS | 614-451-1770 | 5003 HoRIzonS DRIvE SuItE 100 ColumBuS oHIo 43220 | www.PSB-REAlty.Com P S B
CARL WEST, CFo PAul wERtH ASSoCIAtES
Bill Shelby managed every aspect of locating a new off ice for us -- evaluating all the options and negotiating the terms of the lease and construction details of the building at Broad and High. Having
a tenant representative let us focus on running our business and preparing to move a company that had been in the same location for more than 40 years.
•ReviewClientprofile
•Prepareaneedsanalysisfor location,building,space,layout, improvement,amenities,and timingrequirements
•Reviewthetargetmarketfor siteidentification,dataanalysis andopportunities
•Tourthemarkettoidentify topsitesofinterest
• InitiatetheRequestfor Proposalprocess
• Proposalreceipt, comparativeanalysisreport
• Preliminarynegotiations, letterofintent
• Finalnegotiations, leasedocumentpreparation
•Constructiondocument preparation
• Constructionbidprocess, manageconstruction
• Movein, CertificateofOccupancy
ThREE-PhASE APPROACh
PSB’s experienced professionals use a three-phase strategic approach to tenant representation:
PhASE I PhASE II PhASE III
Thecurrenteconomicclimatehasgeneratedmunicipalandprivateincentivestosupportcompaniesrenewingleasesorrelocating.Additionally,marketvacanciesaregeneratingfavorableoptionsfortenants.PSB’sservicesforrenewals,relocations,consolidations,acquisitionsanddispositionsinclude:
•Situationalandbusinessplananalysis
•Municipalincentivereviews
•Property,infrastructureincentiveanalysis
•Spaceplanning/programming
•Marketresearch–vacancyandrateanalysis
•Occupancyoptionevaluations
•Strategyforrenewal/relocation/rightsizinglocations
•Transactionnegotiation
•Build-outandpost-occupancyservices
•DispositionServices
INCENTIVE IdENTIfICATION, mARkET ANALySIS
TheroleofaTenantRepresentativeistosaveyourcompanymoneybysimplifyingtheentireleasingprocessandassuringyouamostcompetitiveleasewithinyourbudgetaryconstraints.AccordingtoareportbyErnst&Young,whichsurveyedCFO’sofmorethan100companiesheadquarteredintheUnitedStatesandEurope,realestateistypicallythesecondlargestcosttoacompany.Weunderstandtheimportanceofcostcontainmentforthis“fixedexpense”andcansaveyou10-15%bynegotiatingthebestdealforyouthroughadvantageousmarketopportunities,incentivesortaxbenefits.
PSBRealtyAdvisorsbelievesthereisapositivecorrelationbetweenacompany’scorporaterealestatestrategyandincreasedshareholdervalue.WeprovidethisservicetoyouasthetenantatnocostandsharethecommissionpaidbytheLandlordwiththeexistingBroker.
PSBRealtyAdvisorsiscomprisedofprofessionalswhoofferacombined75yearsofindustryexperienceand
providedeepmarketknowledgeandasignificantedgeinnegotiatingaleaseonyourbehalf.Werepresentyourinterestsbyresearchingmarketrates,providingpropertycomparisonsandreviewingdetaileddocumentationsothatyourfocusisonyourcorebusiness.
Ourintegrationprovidesyouallthisexpertiseinoneteamofprofessionalsworkingonyourbehalf.Weinvestthetimenecessarytounderstandalltheelementsofyourspaceneedswithyourbottomlineinmind.
OurdesignandconstructionprofessionalscanprovidethebudgetestimatesandcreativeconceptstoprovideyouClassAprovisions.
Oncetheleaseissigned,webeginworkingforyoutomanageallthefinishingdetailsoftheconstructionandmove-in.Youenjoytheexcitementofhavinganewlocationtolaunchthenextphaseofyourcompany’sdevelopment.
For specific details on PSB’s analysis techniques and research methods, please visit our website at www.psb-realty.com
TENANT REPRESENTATIVE COST SAVINGS ANd VALUE
PSB REALTy AdVISORS | 614-451-1770 | 5003 HoRIzonS DRIvE SuItE 100 ColumBuS oHIo 43220 | www.PSB-REAlty.Com P S B PSB REALTy AdVISORS | 614-451-1770 | 5003 HoRIzonS DRIvE SuItE 100 ColumBuS oHIo 43220 | www.PSB-REAlty.Com P S B