Retail Center For Sale - 1019 River St., Belleville, WI
Leasing for growing companies
1. Get your business the space it deserves.
@thesqft
Leasing for growing businesses
June 2015
2. Agenda
1. Planning for growth
2. Space options
3. Leasing process
4. The ugly five
5. Signed, sealed, and delivered.
3. 1. Brokers are salaried not commission. Your happiness
most important.
2. Tourbook and other technology to make make an
awesome end-to-end experience.
3. Service and product partnerships to make move-in a
breeze.
TheSquareFoot in 3 tweets
4. Planning for growth
- How many people on day 1? 18 months? 3 years?
- Yes, I know it’s finger in the air.
- Do you keep hearing about 3-5 year leases?
- This isn’t as scary as it sounds
5. Space options
- Coworking (WeWork, Techspaces, etc)
- Shared Space (With a friend or PivotDesk)
- Sublease
- Traditional leases
6. Leasing proces
- How long before move-in should you start?
- Search > Tour > Submit offers > Lease negotiations > Space prep
- The players
- Tenant (that’s you!)
- Landlord
- Tenant broker
- Landlord broker
- Attorneys
- Service and product providers
7. The ugly five
1. “Loss factor” - rentable vs usable square feet
2. Security deposit
3. Good Guy Guarantee
4. Rent escalations
5. Building charges
8. Getting your ducks in a row
- Financials / tax returns
- Security deposit (LoC)
- Real estate attorney
- Designer / architect