Frequently Asked Questions

How can Carmen Commercial Real Estate help with your current situation?

Why do I need tenant representation?

How is Carmen Commercial Real Estate compensated for its services?

How do we estimate the number of square feet we need?

We've negotiated our own office leases in the past. Why shouldn't we continue?

Our lease is up for renewal, and we have a good relationship with our landlord. Why do we need Carmen Commercial Real Estate?

Why do I need tenant representation?

Most tenants don't have in depth knowledge of the many factors that can affect real estate transactions, including broker and landlord sensitivities, market conditions, and which terms are negotiable. Furthermore, they do not have the time to invest in in-depth research and learning. At Carmen Commercial Real Estate, we spend 100% our time negotiating leases so you can spend your time running your business. We invite you to learn more about how Carmen Commercial Real Estate helps companies with their Strategic Planning.

How is Carmen Commercial Real Estate compensated for its services?

Typically Landlords compensate Carmen Commercial Real Estate, but it is very important to understand that you as the Tenant are the ones that pay all real estate fees because you are the ones that pay the rent. That is why you deserve to have the best representation in the transaction. Tenant representation is a practice that is defined in real estate law, and is the choice of clients who demand exclusive, professional representation of their interests during the lease negotiation process. We encourage you to Contact an Advisor to answer any further questions.

How do we estimate the number of square feet we need?

The square footage required per employee can vary tremendously - from 150 to 400 square feet! Industry type is the biggest influence on space requirements. Carmen Commercial Real Estate will help you understand the average space requirements for your industry, including the variations that may exist for a particular region of the country. Our Corporate Services can help you develop a plan for company wide space utilization.

We've negotiated our own office leases in the past. Why shouldn't we continue?

Simply put, Carmen Commercial Real Estate will save you more money and create a much more flexible lease structure. The research we provide in negotiations will eliminate the asymmetric information that exists between Landlords who spend 100% of their time thinking about real estate and Tenants who are interested in the use of space, not the "ROI". To learn more about this topic, please see Carmen Commercial Real Estate's Transaction Services.

Our lease is up for renewal, and we have a good relationship with our landlord. Why do we need Carmen Commercial Real Estate?

The key to a successful renewal is creating competition between your current Landlord and surrounding Landlords in the area, while maintaining a controlled and organized process. Tenants need to have an experienced advisor providing the proper market research and knowledge that will create leverage for them. Carmen Commercial Real Estate specializes exclusively in Tenant representation and can save Tenant's significant amounts of time and money on lease renewals. We encourage you to check with our Clients to see specific examples of how Carmen Commercial Real Estate has benefited all types of companies in dealing with their real estate requirements.