1. Define basic
space requirements:
|
1 day |
2. Selection / interview with support
team:
- Space Planner
- Interior Design (if desired)
- Attorney / CPA
|
1 to 7 days |
3. Determine alternatives available:
- General market knowledge of "deals"
available
- Search of database
- Verification of terms and
conditions
- Review list with client
|
7 to 14
days |
4. Narrow down alternatives:
- Inspection tours with client of likely
alternatives
- Selection of 3 - 5 best
alternatives
- Space planning of best
alternatives
- Review and re-draw of space
plans
- Selection of top 2 - 3
alternatives
- Request for proposals on top
alternatives
|
7 to 14
days |
5. Analysis of proposals and
alternatives:
- Financial analysis
- Layout efficiencies
- Intangibles and goal analysis
|
1 to 7 days |
6. Final selection:
- Choose top alternative with
client
- Establish terms required
- Prepare and present
counter-offer
- Approve, re-negotiate, or select other
alternative
- Review lease for business
points
- Review lease for legal points
- Review Workletter
- Re-negotiate lease terms
- Sign lease
|
7 to 30
days |
7. Tenant improvement build-out:
- Monitor progress
- Report progress
- Final walk through check
|
30 to 120
days |
| Time to Allow |
|
| Before Tenant
Improvements |
24 to 103
days |
| Including Tenant
Improvements |
54 to 194
days |