How Cresa Helps Companies Find the Optimal Office Space (part 2)
In my role at Cresa, I bring a team with extensive expertise and resources to help your company achieve your goals. We think beyond space to get occupiers the best results and enhance quality of life for our clients and their employees. The Cresa advantage is that when I work for you as a tenant broker, I represent your interests 100% of the time.
Last week, we went in depth into some services that our
Cresa team offers if you are thinking about expanding, downsizing, or
reconfiguring your current office space.
Your company may also be nearing the end of your lease. We talked about our Intelligent workplace
planning, exploring economic incentives in the marketplace, and evaluating
where your optimal market is located.
For this week’s blog, I will talk about other services that
we bring to your company to help you find your optimal office
space. We will go in depth about our project management, lease
administration, and office network (flex space) planning services Cresa
offers. If I can provide you further
information on any of these, or other services that Cresa offers your company, please
consider starting a conversation with me – www.tenant-broker.com.
Project Management – Every New Space
Creates a New Possibility
Whether the renovation to an existing building or ground-up
new construction, our Project Management team is dedicated to exceeding your
highest expectations. We’ve partnered with companies in different industries
from around the globe to create new spaces that support an array of diverse
business strategies.
Planning
We’ll work to develop your program, review the options,
explore and plan workplace strategies and develop schemes that support your
business objectives.
Lease Negotiation
In establishing the best possible terms for your new space,
we’ll collaborate with our advisors to prepare a lease abstract and assist in
negotiations, then finalize the project budget and schedule.
Design
We work in collaborative teams, bringing the right people
together for your project and finessing the budget and schedule as design
documents are completed.
Construction
Coordinating with construction managers to ensure all
necessary municipal approvals are met, we’ll oversee the execution of your
design and the delivery of all furniture needs, respective to the program,
audio visual and IT requirements.
Move
We’ll plan and execute the logistics of your office move to
minimize any disruptions to your day-to-day business activities. In closing out
the project, we’ll bring the site and all documentation to their finished
state.
In 2019, we managed over $3.5 billion of construction work. Even the most meticulous planning means
nothing if the execution falls short.
The orchestration of the design, construction and move process is where
we SHINE!
Lease Administration
Leases Should be Overseen, Not
Overlooked. We’ll Give Your Portfolio
the Attention it Deserves.
Our fully
dedicated, tenured Lease Administration experts are committed to serving your
needs in the following areas:
Critical date management services
We provide the backbone for the strategic planning and risk
management of critical dates with dedicated account resources that will provide
accurate abstracting, monitoring and reporting for your portfolio.
Full lease administration services
We become an additional level of support by providing monthly rent schedules for the lease payments. This service includes invoice reviews, desktop audits and occupier billbacks/ collections for subtenants. We ensure landlord and occupier compliance which results in more robust reporting.
Lease compliance audits
We perform labor-intensive desktop audits for cash recovery
and cost avoidance. Experience shows that over 30% of our desktop audits of
operating expense reconciliations uncover savings for our clients due to errors
in landlord billing. We’ve helped our clients save millions of dollars
annually.
Project work
Our extensive experience results in our ability to provide
support in large abstracting projects, mergers and acquisitions and other
consulting and specialty projects. These processes are software-neutral and
maintain complete control of your leases going forward.
We can build on your current systems, provide you with one
of our licenses or help you select your own. Each lease has its own set of
complex documents with their own set of terms, conditions and timetables
written in — keeping track of these details can be challenging if your
portfolio isn’t organized. When you turn your administration over to us, we
assure your lease database is meticulously planned and carefully monitored.
We provide data integrity.
Leases are an important component of your corporate financial statements
and disclosers. Our advisors stress
follow-though. With our dedicated
resources, we act as an extension of your team.
We’re committed to seeing you get the information you need in a timely
manner.
Office Network (Flex-Space)
Finding the right flexible workplace
can be a challenge. With over 20 years
and thousands of global transactions, we can help.
Extension of Your Team
After consulting with you on your flexible office strategy,
we’ll assign three consultants to manage the flexible office portfolio for your
CRE team - for free. Flexspace is our thing, and there’s no interference with
your traditional office lease broker. Our team will use their industry
expertise to match your requirement with a selection of potential flexible
providers and guide you through the entire process, from initial viewing to
contract signing.
The FITspace Solution
As well as matching companies with existing flexspaces, we
invented the FITspace model to meet the needs of our enterprise clients who
require a completely customizable flexible workspace solution. Because we are
always on your side of the transaction, we’ll source your FITspace Enterprise
solution to the best providers in the market. We won’t ever be your landlord.
We have 20+ years of industry experience and no one knows
the market better than we do. We bring
100% occupier representation. We are the
ONLY global tenant rep agency focused SOLELY on the flexible office
market. We have completed 3.5K
transactions in 125+ countries, and in the past 18 months, our team has managed
over 3,000 transactions worldwide.
Let’s
start a conversation
If your business is expanding, contracting or close to lease
expiration, now is the time to contact us to find the perfect space for your
business. We create a strategy to first look at your business operations and
current space and then craft up a plan to find something that is a great fit in
the area. With the current vacancies and
inventory, we will work with you to get the best deal. We represent tenants ONLY, so you can feel
comfortable that we are working for your business 100%. If we can help you by being your tenant
broker in the DC, Maryland, or Northern Virginia area, visit my website or call me at
301-841-6542. Make sure to follow all my
social efforts by clicking on the links below.
exclusively representing corporate tenants on all commercial real estate needs.
Commercial Tenant Broker
2 Bethesda Metro Center, Suite 900
Bethesda, MD 20814
301-842-6542
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