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The following outlines the key components of a tenant's successful campaign to relocate their business operations:
- Determine Space Requirements / Analyze Needs
- a. Location
- b. Amenity and Service Requirements
- Survey Market
- Selection of Qualified Properties
- a. Location
- b. Amenities and Services
- c. History of Current Landlord
- Technical Property Review / Physical Tour
- Proposal Process
- a. Prepare the Request for Proposal (RFP)
- b. Distribute the RFP to Qualified Candidate Buildings
- c. Review Proposals (landlord responses)
- d. Evaluate Offers and prepare the Comparative Lease Analysis;
- e. Background Report on Owner Performance, Functional Histories, Tenant Satisfaction
f. Technical and Locational Data is Reviewed
- Negotiations
- a. Develop the Negotiation Checklist
- b. Solicit Input from Legal Counsel
- c. Implementation of Tenant Resources
- d. Mutual Execution of Lease Document
- Planning / Permitting / Construction (if applicable)
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