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Commercial Real Estate Tenants
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  Copyright 2003-2006
Commercial Leasing Institute

 
Lists & Charts

The following is a list of items to consider when touring buildings:

  Building Location    Building Characteristics
  Downtown   High-rise (over ten stories)
  Suburban   Mid-rise (three to ten stories)
  Office Park   Low-rise (one or two stories)
  Free Standing   Over 500,000 sq. ft.
  Close to Highways   Over 200,000 sq. ft.
  Close to Airport    Over 100,000 sq. ft. 
  Close to Custormers   Over 50,000 sq. ft.
  Close to Suppliers   Over 30,000 sq. ft.
  Close to Home   Over 10,000 sq. ft. 
  Close to Employees   Under 10,000 sq. ft.
  Homes Multi-Tenant Building   Single-Tenant Building
  Close to Hotels    
  Close to Restaraunts    
  Close to Shopping    
       
  Building Age   Building Site Advantage
  Currently Under Construction   High Visibility
  Newly Constructed (Under 1 yr)    Easily located by Visitors
  Five Years Old or Less   Landmark Building
  Ten Years Old or Less   Landmark Location
  Fifteen Years Old or Less    
  Twenty Years Old or Less    
  Re-Hab or Historical Building    
       
  Building’s Initial Impression    Building’s Amenities & Features
  Class A Building   Atrium Lobby
  Class A- Building   Efficient Lobby
  Class B Building   Maintenance of Lobby
  Class C Building   Condition of Interior Landscape
  Well-Maintained Grounds   Condition of Flooring
  Availability of Employee Parking   Cleanliness of Bathrooms
  Availability of Customer Parking   ADA Modifications in Place
  Availability of Handi-Capped    Condition of Elevators
  Parking Response of Elevators    
  Availability of Covered Parking   Availability of Freight Elevator
  Parking Ratio 2 space per 1,000   Availability of Building Loading
  Parking Ratio 3 space per 1,000   Dock
  Parking Ratio 4 space per 1,000   Quality of Tenant Roster
  Parking Ratio 5 space per 1,000   Building Security
  Parking convenient to Building   Coffee Shop
  Free Parking   Health Club
  Paid Parking   Building Retail Shops
  Outer appearance of Building   Building Operating Hours
  Parking for Delivery Vehicles     
       
  OTHER FACTORS TO CONSIDER    
  Price Per Square Foot   Common Area Factor
  Lease Terms   A/C & Heat Zoning
  Cost of after hours use of utilities    Useable & Rentable Sq. Ft.
  Full Service vs Net Lease   Mail Delivery 
  Fed Ex, Airborne, UPS etc.   Quality and how often Janitorial 
  Quality of Office Buildout   Time to Buildout
  Comfortable Occupancy Date   Reserved Parking
  Signage Availability   Turnaround Time on signed
  Availability of Space Planning   Lease
  Who pays for Space Planning   Building Operating Costs
  Base Yr. Vs Expense Stop   Annual Rental Increases
  Smoking Policy   On-site Management
  On-site Leasing   On-site Building Maintenance
  Availability of a Day Maid    

 This list may be useful as a checklist, while touring office buildings during your search for office space.

Review this list and decide the items that would be important for you to fulfill your office space and personal or business needs. The ones you express will ultimately become your requirement.

                                  
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Copyright 2003 Commercial Leasing Institute

This information is not intended to be legal or account advice. For specific legal or accounting advice you should consult an attorney or an accounting professional.

Copyright 2003 by Jack Saltman. All rights reserved. Printed in the United States of America. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed without the prior written permission of Jack Saltman