TENANT BROKERAGE SERVICES
Fidelity Real Estate Corporation is a Tenant Representation firm. We do not represent
any Ownership, Lender, or Asset Management Interests or offer any real estate to you in which we have a third party relationship.
Fidelity's role is to act as your company's advocate in the commercial real estate marketplace. With previous training
and experience provided by the areas largest Landlord representation companies, we possess the necessary knowledge to recognize
the tactics the Landlord's representatives will deploy when marketing their property to you.
Fidelity offers Tenant Representation services from task oriented, conscientious individuals
whose experience and personal commitment cannot be surpassed. Our motto, "Facta non Verba" proclaims our philosophy
to be "Deeds not Words." The signing of an office lease will impact your income statement for years, we urge
you to consider the importance of our pledge.
The selection of a new office location can be a complex and time
consuming operation. The success of this process is dependent upon your Broker's ability to anticipate problems and
to help develop a strategy that will minimize any inconvenience to you. The following outlines the services that Fidelity
will provide to you.
- DETERMINATION OF SPACE REQUIREMENTS
Through an in-depth discussion with you or your space committee, we will assist you in determining
your office space needs, both long and short term. A thorough understanding of your budget, expansion needs, departmental
relationships and distribution networks will ensure that the approach to your requirement is precise.
- A SURVEY OF SPACE AVAILABILITY/MARKET ANALYSIS
needs have been determined, Fidelity will develop a comprehensive survey that responds to the parameters set by your firm
(i.e. budgetary, geographic, image/amenities, building age, etc.). The survey will cover all pertinent information regarding
each specific property including, but not limited to:
Fire/Life Safety Systems
Improvement by Landlord
A final survey will include an examination of each property and items such as floor load, core factor,
interior to windowed ratios and fire/life safety systems. This detailed information will determine whether the building
can adequately and efficiently serve your special requirements such as additional heating or air conditioning for people
- BUILDING TOUR
After reviewing the survey, we will tour the buildings that you have selected as viable
options. We will then organize an itinerary that requires thirty minutes to review each property.
- REQUEST FOR PROPOSALS
or three properties have been selected, we will solicit proposals from these finalists. Fidelity will ensure that the
key business terms and conditions are addressed in each proposal so that a comparative analysis can be performed.
- COMPARATIVE/FINANCIAL ANALYSIS
With the proposals in hand, we will extract the key economic factors and produce a thorough financial analysis.
The analysis will cover rental rates, escalations, rental abatement, parking charges, HVAC charges and construction concessions
among other things. Our financial analysis will provide enlightening information revealing certain buildings that may
"load up" concessions on the front end of a deal while escalating the rent much faster in later years. Proper
attention to financial analysis will help you identify and anticipate future expenses.
- SPACE PLANNING
Once proposals have been solicited, we
will contact the Landlord about their financial contributions to the planning process. Landlords are amenable to
provide this preliminary service in order to attract a prospective tenant. Fidelity Brokers are extremely knowledgeable
of the space planning process, and will assist the space planner during both the planning phase and the budgeting process.
It is critical that the design of any expansion areas be consistent with your future needs and sensitive to the needs of a
potential subtenant. Our space planning expertise will save you both time and money.
As your exclusive broker, our commitment
is to you. Our most important job is to look out for your interests and negotiate the most favorable
terms for your firm. Even more important than the time and aggravation we spare you is the money we will save you.
Negotiating is our strength and the backbone of our success.
The Fidelity Broker that represents you has
had Landlord Management experience that provides valuable insight into the positions that Landlords and Asset Managers negotiate
Negotiation is at the heart of the real estate transaction, and Fidelity Brokers are
aggressive, responsive, and experienced.
Once the business terms have been negotiated and agreed to,
the Landlord will prepare the Lease documents. While we are not legal experts, we are well versed on all areas of the
lease agreement. We will assist your legal counsel to insure that the lease language is not vague or slanted toward
the Landlord's interests. Typical areas of review include:
Subleasing and Assignment Rights
Definition of Fair Market Value
Building Services/Hours of Operation
- CONSTRUCTION SUPERVISION
Our role as your exclusive broker extends beyond the signing of the lease documents and continues into all phases of the
construction of your new space. With extensive construction experience Fidelity will stay involved with the construction
bidding process and construction timetables and work with you right through to the final walk through and punch list
- SUBLEASE OF EXISTING SPACE AND/OR EXPANSION SPACE
Should the overall economics of the new lease deem it advantageous for your firm to master
lease future expansion space, we are prepared to act as your exclusive agent in the subleasing of the excess office space.
- CONTINUED INVOLVEMENT
Fidelity will remain in contact
with you after the lease is executed. We will answer any questions that may arise pertaining to expansion options, rental
escalations, occupancy dates and/or sublease provisions. Our role as your exclusive agent goes beyond the signing of