Your business plan calls for disposing of excess leased facilities, and you need to sublease now. Your Space Disposition Plan ‘deliverable’ will include:

1. Analysis of Your Lease & Sublease Market
2. Marketing Your Surplus Space
3. Reporting To You Throughout Project
4. Negotiations / Monitor Improvements Project & Move-In

Analysis

• Inspect your premises
• Review your lease & monthly rent invoices
• Develop your sublease budget & project timeline
• Prepare analysis of your projected sublease cost recovery & net revenue, if any

Marketing

• Create your sublease marketing materials
• Post your sublease ‘listing’ with leading databases
• Distribute your sublease flyer to brokers
• Solicit subtenants in building & in nearby properties

Reporting

• Submit regular reports to you on activity, including:
• calls on prospects and their brokers
• showings & inquiries
• ongoing negotiations with prospective subtenants
• market condition changes, if any

Negotiations / Monitor Project

• Help architect & contractors price improvements
• Secure your subtenant’s financial statements
• Negotiate final sublease terms on your behalf
• Support your efforts to get landlord approval
• Monitor subtenant’s construction & move-in