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WOULD YOU LIKE THIS TEAM TO WORK FOR YOU?
James W. Gustafson, CCIM, JD - 32 Years Commercial Real Estate Experience
Jeff E. Sotier, CPA - 18 Years Commercial Real Estate Experience
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We work as your tenant representative during the search for new headquarters or the expansion/renewal of your current lease.
THE MARKET:
The Houston Metroplex has 2,963 office buildings containing 216 million square feet, and 9,981 industrial or flex buildings containing 390 million square feet, all of which house an estimated 28,000 tenants. There are 39 defined market areas reaching into 4 counties (Harris, Fort Bend, Montgomery and Galveston). Written leases, we have seen, range from 1 to 147 pages. Lease terms such as "net", "gross", "triple-net", "net rentable area", "add-on", "repairs", "management fees", "insurance", "subrogation", "subordination" and "escalation" ARE ALL subject to, and in fact receive, individual landlord interpretation. There is no standard lease. We explain these terms, and navigate the leasing process with you and for you.
THE ISSUE:
The Landlord's team is, and has been, in place. The Landlord's attorney produced the "standard" lease; the Landlord's architect designed a building and space which the Landlord knows well; the Landlord's management team knows the "expense" and "cost" items which are "passed through" to the Tenant; the Landlord's agent is charged with renting (selling) the space to the prospective Tenant (YOU?) with "building standard" finishes at rental rates and on terms all favorable to . . . guess who? The Tenant's team, normally, is not in place. The Tenant's attorney, architect, building management expert, and office lease expert (tenant representative) are assembled, if at all, on a transaction-by-transaction basis.
THE SOLUTION:
With THE GUSTAFSON GROUP on your team, you, the Tenant, will have two CCIMs (see "ABOUT CCIM®" for the value of this), one CPA, and one Attorney - Board Certified in Commercial Real Estate Law by the Texas State Bar Association. We know commercial leasing . . . well. And with THE GUSTAFSON GROUP, you will not find that your tenant representative ALSO represents a Landlord. We don't represent Landlords!
THE RESULT (bottom line):
OUR CLIENT TENANTS OBTAIN THE LOWEST COST SPACE
USING THE LOWEST COST TENANT REPRESENTATIVE . . . US.
OUR FEE IS PAID BY THE LANDLORD AND
THE LANDLORD IS ADVISED THAT WE REPRESENT THE TENANT
NOT THE LANDLORD!
Copyright © 2003 The Gustafson Group, Inc.
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