The tenant representation process is often new for most business owners, and the questions you ask your commercial real estate broker can define whether or not your search is successful.
Finding the right commercial broker for you and your business is absolutely crucial to your finding and negotiating the best deal possible.
After all - you want your new venture to be successful, correct?
Unfortunately, many business owners end up taking the wrong approach and try to find and negotiate for space on their own - a big no no in this industry due to the massive learning curve of information.
So, if you’re taking the right approach and hiring representation, what questions should you ask when interviewing potential tenant rep brokers?
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// ABOUT TYLER
Tyler Cauble is Founding Principal and President of The Cauble Group, an East Nashville-based commercial real estate brokerage serving the Greater Nashville Area. He's a native Nashvillian that has not only been a witness to the city's tremendous growth, but is also involved in it through his developments, renovation projects, and volunteer work.
As President of The Cauble Group, Tyler helps bring together buyers, sellers, landlords, and tenants in retail, office, industrial, and multi-family real estate. He’s committed to helping business owners understand the market so that they can grow their business and be part of Nashville’s future. Cauble is also the best-selling author of Open For Business: The Insider's Guide to Leasing Commercial Real Estate.
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0:00 - Intro
0:50 - What Geographic Locations Do You Specialize In?
1:18 - How Long Have You Been A Commercial Real Estate Broker?
1:49 - What Kind Of Businesses Do You Usually Represent?
2:19 - What Type Of Commercial Real Estate Do You Specialize In?
2:54 - Can You Provide References From Other Businesses You’ve Represented?
3:17 - Where Is The Market Right Now For Tenant Improvement Allowances And Rent Abatement?
3:50 - How Long Will This Search Take?
4:22 - What Do You Charge For Your Services?
4:58 - Is Leasing Or Purchasing A Better Move For My Business At The Moment?
5:26 - Where Do You See The Market Going Right Now?
5:55 - How Long Of A Lease Term Should I Expect?
6:22 - What Happens If I Break A Lease?
6:47 - What Do I Need To Prepare Before We Start The Search?
DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you. I'm also not your CPA, attorney, or broker - consult the professionals!
Sharing commercial real estate tips to help you grow your investments and your business.
