Ottawa Leasing Information - Step
3: Identify Opportunities
Once we have researched the market,
we will identify a number of possible opportunities and provide a summary
of their strengths and weaknesses, availability, and financial terms.
The goal of this research is to provide you with a thorough understanding
of the current dynamics of each market, available options, and financial
implications.
Each opportunity will be summarized
and a detailed profile will be developed. In this profile we will include:
- current and future availability of space
- building plans showing all tenants and vacancies
- a list of recent transactions in the project and an analysis of asking
vs. achieved rents
- profile of owner/landlord overview of negotiation style/strategy of
owner/landlord
- financial details, including rents, tenant inducements, taxes, operating
costs and any other relevant additional costs
- condition of existing space
- property and property management strengths and weaknesses
The Six Step Approach
Step 1: Analyze Requirements
Step 2: Analyze the Market
Step 3: Identify Opportunities
Step 4: Goals and Objectives
Step 5: Develop Strategy
Step 6: Execute Strategy
Key Issues in a Lease
A Tenant's Perspective
Non-Disturbance
Non-Disturbance and Memorandum of Lease
Tenant's Rights to Make Repairs
Assignment and Subletting
Abatement of Rent When Tenant Is Prevented from
Using Premises
Quality of Construction-Standard for Maintenance,
Repairs & Operations
Definition of Fair Market Rental Rate
Default by Tenant
Operating Costs, Taxes & Utilities
Tenant's Indemnification
Administration Fee
Looking to buy or lease office space in Ottawa?
We will search to find you the best match of office space that suits
your needs whether buying a building or leasing office space. To begin
the process of finding the right office space for your Ottawa business
visit our Ottawa commercial real estate
and Ottawa office leasing pages.