Frequently Asked Questions

Q?

Can you help me find space in another city?

A.

So you're expanding into new markets? That's great! We have worked with clients in over 100 markets across the United States and we can help you. Our partnership with Exis Global provides us with resources around the world. Rest assured, your new location will be everything you hoped for.

Q?

Can you help me sublease my current space?

A.

Good question! That is the only time we sit on the other side of the table - but we're still not working for the Landlord! We only work for our clients' best interests. If you need to sublease your space, we will list it and market your space, showing it to potential tenants and making your life a little bit easier.

Q?

What can you do for me if my space is too big?

A.

Do we have an app for you! Fresh from one of our partners at Exis Global, Keyser Office Space Calculator in the iPhone app store to help you decide how much space you need! Once you have a general idea of your space constraints, we will do a detailed search of the market, finding the perfect space for you and your team. Some spaces are more open and you can do more with less. Some have architectural elements that limit your flexibility, so that you'll need more space. We will present you with options, so that you can make an informed decision.

Q?

What can you do for me if I’m out of space?

A.

You have a lot of options! You can expand your current space, if there's space available. You can find new space near your current space. You can look for space in a new or up-and-coming location. A building or condo acquisition might even be the best option. We can help you make the right decision for you and your team. We will conduct market research, provide you with employee surveys, scattergrams and financial analysis so that you will be completely informed. Then we will walk with you as you proceed through the the process.

Q?

Can you help me if I’m only renewing my lease?

A.

Of course we can! We will help you review your current lease to see what options you may have available. We also go into the market to see where your current space stacks up compared to others in your building as well as in the submarket. We provide you with multiple options and scenarios so that you make the most informed decision. You can then leverage this knowledge, providing your landlord with incentives to negotiate in good faith, giving you the best deal possible.

Q?

Why would I work with a tenant-only advisor?

A.

This is exactly why we exist! A traditional brokerage firm can represent the landlord and the tenact in the same transaction. It is our belief that this creates an inherent conflict of interest. We only represent the business looking to lease or purchase, eliminating that conflict. You will never doubt our loyalties.

Q?

When should we start the search process?

A.

It's never too late or too early to get help. Found Advisors doesn't just focus on finding your space. We help you connect the loop between your talent, culture and space. Our job is to listen to you, learn about your organization, generate strategies that enable you to meet your goals. If that involves finding space, then, depending on the size and desired location, you will want to contact us about a year or two before your lease renewal notification date. The smaller the space OR the larger the space, the more time you will need to negotiate with your current landlord or find new space. It's alway a good idea to review talent, organization goals and strategies, in addition to the market, and that takes time.

Q?

How are we compensated?

A.

Typically Landlord’s have a commission fee built into their lease transactions. Most banks require them to account for fees’ such as lawyers, brokers, maintenance, capital improvements to the property etc. The Landlord factored costs for the brokers, of which if the Tenant does not retain Tenant Representation, the Landlord’s broker keeps the entire fee. If the Tenant retains a Tenant Representative they share the commission with the Landlords broker (similar to residential real estate). Any commission not paid normally finds it’s way back to the Landlord.

TalentSpace, Workplace Strategies and Consulting projects are typically paid for through a detailed consulting proposal and predetermined set fee. These fee's are generated per project and all services are agreed to in advance.