Providence’s brokers help our clients find properties that best match their needs and objectives and then aggressively negotiate the best terms achievable for the space. The process starts with carefully listening to our client’s objectives and goals in order to prioritize the decision drivers such as location, flexibility, image, and price. Upon understanding our client’s requirements, we find all the possible properties that match, and then conduct the comparative and financial analysis to help clients determine which properties offer the most value. Finally, we use our market knowledge to negotiate the terms for the desired property that maximize the value for our client. If you’d like to hire us, below is a brief overview of Providence’s property search process.
- Understanding your Needs – A review of Tenant’s business plan, facility needs,
and the general market opportunities to determine short and long-term real estate
- Market Evaluation – Identify all logical alternatives in the market that could satisfy
Tenant’s requirements and reduce them to a short list for a more comprehensive
- Evaluation of Identified Alternatives – Complete a comprehensive evaluation of
selected alternatives and further reduce the number of alternatives prior to lease
- Negotiation and Execution – Select the alternative that best satisfies Tenant’s
needs– negotiate terms and conditions and finalize the documents.
- Implementation – Confirm final design and begin construction activities, monitor
construction progress and cost schedule leading to a completed move on time on
or below budget.
- Post project documentation and evaluation – Consolidate key documents and
summarize key action dates that Providence and Tenant will
monitor on an ongoing basis.
I engaged Providence Commercial to help me locate a new medical office property off Randolph Road. My geography and space needs were very specific so the search required a lot of patience in waiting for the right opportunity to present itself. We extensively explored rental options and purchase options. Providence Commercial diligently stayed in touch with me over a period of several years, showing me rental and sale properties, and providing ongoing useful market feedback which eventually led me to select and purchase a property that was a great fit for my practice. They negotiated hard on my behalf and I am very happy with all that Providence Commercial did for me and my investment. I can definitely recommend them.J. Wesley Heroman, M.D. – Carolina Retina & Vitreous Consultants