Post Occupancy
Services
Post Occupancy Services
It can be challenging to find an office space that meets your business’s needs and budget in today’s highly competitive marketplace — especially without the right support.
Fortunately, The Genau Group can help you negotiate the right price, get fair terms, navigate complex legal paperwork, and, most importantly, protect your company’s vested interests before and after you sign a lease agreement. Our representatives take care of all the hard work, giving you peace of mind and ample time to focus on your business plans.
Our work doesn’t stop after helping you find the right space, either. We walk with you throughout your lease journey, ensuring that every concern and need is addressed and solved in a satisfactory way, and that’s just the beginning.
Constant Support, Whenever You Need It
When you work with The Genau Group, you get access to a team of professionals who are ready to help whenever you need our assistance. During the post-occupancy phase, our experts will continuously track all critical dates, changes to the building, costs, and to your needs to ensure you have maximum flexibility during the life of the lease. Take a look at some of our post-occupancy services.
Monitoring Critical Dates
Tracking key dates as they approach is absolutely important after leasing a space, but it’s easy to forget to do so when you have a business to run. The Genau Group team keeps an eye on all your important dates — lease expirations, open notice dates, rent adjustment dates, and much more — and informs you about them in advance to ensure nothing gets missed.
Checking Changes to the Building
Our tenant representatives frequently check the condition of the building that you have leased. This process can add value to the negotiation, as it helps us identify issues we can raise to compel your landlords to make their best offers to keep you in their building.
Monitoring Changes to Costs
The Genau Group team will keep you updated on any expected or unexpected cost changes that occur. If your lease agreement has included rent increases, for example, we will alert you when it’s supposed to happen to make sure you stay informed and aware. We also ensure you are not overpaying and that your landlord is not taking advantage of your relationship.
Annual Lease Abstract Updates
We staff a team of highly experienced professionals who have strong legal knowledge and analytical abilities. They can accurately read, demystify, and summarize the terms and concepts of a lease to give you a better understanding of it and how it will impact your investments. We update that abstract annually to ensure it reflects any lease term changes that may have occurred.
Other Services We Offer include:
- Annual Passthrough Cost Review - This process includes operating expenses, real estate taxes, and common area maintenance.
- Annual Market Summary Reports - These reports give you insights on the market and help you understand how good or bad your lease terms actually are.
- Annual Space Occupancy and Planning Review - This analysis helps you understand how well you are utilizing your space.
- Sublease Marketing - We can help you find a subtenant to occupy a part or all of the space you have leased.
- Early Renewal Negotiations - If you don't intend to relocate, we can use up-to-date market data (such as vacancy and rental rate trends) to create leverage for negotiations way before your lease expires.
- Space Decommissioning - When you find new space, we can help you turn over your one to your landlord exactly the way you agreed in the original lease.
- Security Deposit Recovery - We will help you get your security deposit back, in addition to interest, where applicable once your tenancy is terminated.
We help our clients with every step of the process, including:
- Annual Lease Abstract Updates
- Annual Passthrough Cost Review (including Real Estate Taxes, Operating Expenses, and Common Area Maintenance)
- Annual Market Summary Reports
- Annual Space Occupancy and Planning Review
- Sublease Marketing
- Early Renewal Negotiations
- Space Decommissioning
- Security Deposit Recovery
Talk to a Professional Tenant Representative
The Genau Group is in business to help you secure more favorable terms during lease negotiations, and to offer post-occupancy services so you have a smooth experience throughout the lease period. Contact us today to speak with our professional tenant representatives about all your Washington, D.C.-area commercial real estate needs!
We had five years left on our lease. We were paying far too much in rent. We were able to find a subtenant to take our lease. In parallel, we found a much better space to fit our needs and budget. The Genau Group was able to make both deals happen at the same time. Working with The Genau Group, we reduced our rent by more than 40% a month. Ultimately, we were much happier with our new space. We’re saving approximately $120,000 a year now.
The Genau Group worked with us for more than a year to help us find our first office space. The Genau Group negotiated with a high end building on L Street in the Central Business District that usually commands $45.00 per square foot. We’re only paying $20.00 per square foot and we even got the furniture and fixtures included. All said, we saved 56% on our first office lease. This allowed us to put our budget where we needed it most: developing our new business.
The Genau Group helped us find just what we were looking for. We negotiated for several spaces before we finally arrived at the right deal. We were able to negotiate a full-service lease including furniture. I first worked with this group several years ago when negotiating our prior office lease and they are the only group I approached when I had a renewed search. They are extremely professional and at the top of their game in this industry. We are very happy with their work and would highly recommend them in the future
The Genau Group were a pleasure to work with. We received individualized attention from their team, a flexible schedule for site visits, timely responses, and meaningful advice. They really went to bat for us and fought for the best deal. We came away with a clear win. We’ll be looking forward to working with their team for many years to come!
The Genau Group found us space in a high end building that usually trades for $42.00 per square foot. He was able to negotiate a two year deal for only $20.50 per square foot. We literally got a class “A” space for 50% off market.
