Transaction Management

Cresa brings the essential expertise needed for businesses looking to expand, consolidate, or relocate facilities or to renew or restructure existing real estate leases. Our advisors work to provide clients with the comprehensive data and objective counsel needed to make effective property decisions. From office to industrial space—including specialized needs, such as call centers, data centers, or laboratories—Cresa has a successful record of reducing operating costs, maximizing flexibility, and strengthening competitive standing for our customers.

That is The Tenant’s Advantage.

Develop the Action Plan

Extensive upfront planning goes into every transaction managed by Cresa. Once we understand a company’s specific real estate objectives and strategic business drivers, we delve in to uncover market and site details in support of informed real estate decision-making. Know that Cresa will:

  • Survey and select markets where there are properties that match client criteria
  • Provide a detailed summary of available properties based on our own rich database and market reconnaissance
  • Summarize critical qualitative and comparative information about each property to assist in weighing the relative merits of eligible sites
  • Drill down to site-specific and economic factors, such as building safety and the quality and nature of the building's owners and tenants
  • Submit a customized Request for Proposal (RFP) to landlords of selected properties

Analyze and Summarize Factors to Streamline Decision-Making

RFPs begin the negotiation process—and create competition among landlords. But Cresa dedicates resources to determine and evaluate each building and the space being considered. Our advisors analyze all the economic and non-economic components, and wrap up a selection process with a summary that logically presents the strengths and weaknesses of each landlord’s proposal. All analyses are designed to streamline negotiations. Expect Cresa to provide:

  • A "test-fit" of space being considered, as well as preliminary cost estimates, as a means for assessing proposed tenant improvement allowance
  • A review of building systems to assure compliance with zoning and other governmental regulations
  • Annual cash flow budgeting and cost structure analysis for an understanding of all costs
  • A financial summary for quick ranking of proposals based on gross rental, net present value, rent per square foot, and annual cost per employee
  • A summary of important selected criteria beyond financial factors, such as cancellation options, parking, signage, and sublease potential

Negotiate for the Best Real Estate Solution

Cresa works to ensure ultimate client satisfaction with the real estate solutions we facilitate. And we are there to manage every detail of the negotiation. Our clients can depend on their negotiation team to:

  • Identify essential elements of the transaction in a Letter of Understanding to minimize the possibility of last-minute surprises
  • Work independently, or with client counsel, to thoroughly review and comment on lease terms and conditions
  • Secure economic and contractual flexibility in the final lease agreement
  • Prepare a lease summary with key dates and financial obligations clearly defined