Tenant Representation and Lease Negotiation Process

Steps Actions
Project Initiation
Resource Selection and Alignment: Identify needs and assist in hiring outside contractors, ie Architect, Project Manager, Move Coordinator, etc.
Needs Analysis:
  • Project Schedule
  • Facilities Selection Criteria and Issues
  • Employee Office Space Questionnaire
Site Selection:
  • Prepare and issue Request for Proposal if needed.
  • Office Space Proposal Analysis.
  • Including but not limited to:
    • Executive summary
    • Building evaluation matrix
    • Financial analysis
    • Request for Proposal criteria compliance.
    • Shortlist
    • Negotiate with finalists
Negotiation/Deal Execution:
  • Prepare Letter of Intent
  • Negotiate and finalize lease or lease amendment
Reilly Commercial can also assist with hiring and coordination of any needed vendors, including but not limited to Project Managers, Contractors, Relocation Specialists and other subject matter experts.
Project Delivery/Project Management:
  • Coordination of design process
  • Plan preparation
  • Permitting
  • Contractor selection and project oversight during construction (as needed)
Relocation/Renewal Coordination:
  • Vendor selection and coordination
  • Coordination with IT
  • Security
  • FF&E and specialty installations, etc

Strategic Real Estate Planning

Should you expand, consolidate, relocate or stay where you are? Where should your next facility be located? Why?

A strategic real estate plan creates the foundation for making informed, purposeful real estate decisions that are consistent with your business plan and corporate goals. Through the strategic planning process, Reilly Commercial will thoroughly review your existing business plan and real estate portfolio, define your current and future real estate needs, and create actionable real estate strategies that address your needs.

We work with senior management and facilities groups within companies to develop proactive real estate strategies that complement and enhance strategic direction.

Long Term Corporate Real Estate Plans:

  • Needs Analysis
  • Relocation
  • Consolidation
  • Expansion
  • Disposition decisions
  • Feasibility studies

Local and National Site Selection

  • Evaluate all major determinants for selecting sites.
  • Work with the real estate communities and governmental agencies to find and evaluate alternatives.
  • Make recommendations.

Transactions May Include:

  • Lease
  • Land acquisition
  • Building acquisition
  • Build-to-suit development
government incentive negotiation

Government Incentive Negotiation

Identify and advise on available incentives and negotiate packages with all appropriate governmental agencies.

Disposition Management

  • Highest and best use studies.
  • Strategies for excess properties.
  • Broker management services.
  • Minimize capital exposure of leased property or maximize the return from the disposition of owned property.

Other Services

Development/Project Management and Relocation Coordination

Assist client in hiring appropriate, experienced professionals who will help Reilly Commercial run the entire process from beginning to end. We have worked with many local professionals and can recommend subject matter experts as needed.

Preferred Vendors

Contractors
Mike Johnson, MP Johnson Construction, Inc
Barry Stoffel and Bob Gardner, Gardner Builders
Steve Amis, Greiner Construction
John Healy, Anderson Commercial Construction

Project Managers/Relocation Specialists
Laurie Olson, Relocation Strategies, Inc
Michelle McGuire, Bridging Project Management

Why Reilly Commercial?

We get better deals!

Small but dedicated team.

Minneapolis based, national experience.

No conflicts of interest, ever.

Integrity and trust above everything.

We save you time and money.

Transparent, responsive, always there for you.