We are a Seattle-based brokerage and advisory firm serving Tenants and Landlords throughout Washington and the Pacific Northwest, specializing in the following areas of Commercial Real Estate:
Tenant Representation
We begin each client relationship by developing a comprehensive understanding of your business model. Starting with an analysis of existing store performance, we overlay demographic and GIS mapping data to develop a growth strategy and identify high traffic sites that appeal to your target customers. Our experience and market knowledge allows us to then negotiate the most favorable lease terms to support your business.
Landlord Representation
We understand what tenants want and need. From visibility, signage, and frontage - to parking and store layout - we know what retailers want to see in a strong location. Starting with existing, conceptual, or redevelopment properties, we will create a comprehensive leasing plan to assist landlords in making design and site improvement decisions that will attract a synergistic tenant mix. These objectives are achieved by negotiating the strongest business and economic lease terms.
Advisory Services
We can provide a wide range of advisory services - from market and competitor analysis - to portfolio review and optimization. We are equally qualified to help landlords understand what tenants need to be successful, as well as help tenants understand the landlord process of assessing tenant mix and lease structure. We also provide mergers and acquisition due diligence services at the state, city, and site level.
Portfolio Optimization
Our experience with portfolio analysis will identify potential cost savings at the store, regional, or chain level.
This can include;
• identifying inconsistencies in utility costs
• analyzing common area maintenance expenses
• discovering rebates provided by utility companies
• managing annual real estate tax assessments
• preparing lease abstracts to summarize key lease provisions
This process can assist in identifying stores that may be candidates for rent reduction, lease renegotiation, early termination, and/or repurposing to address warehouse and fulfillment needs.