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Toronto Commercial Real Estate Client ResultsToronto Commercial Real Estate Client Results. We offer services only for professional, business and retail tenants who are tired of paying too much rentThe expertise they do NOT possess is how to negotiate a real estate lease or read lease related documents! We offer Exclusive Buyer Agent services which avoid the inherent bias in what I call the large commercial real estate companies "mixed up" model. Typically my clients would like either coaching through the lease negotiation process, explanation of the leasing documents and tips and tricks about how to avoid traps within them or full fledged professional non biased representation in lease negotiations either renewal or relocation.
A large health organization had approachedtheir landlord for a rental reduction as a result of government subsidy cutbacks. The landlord ignored themcompletely not even giving them the courtesy of a reply.Through a negotiating process I was able to get their rent reduced by $500,000 which allowed them to stay in business.
A travel company had been given a proposal for a renewal from their landlord. They approached meto determine whether it was fair or not. It wasnot and an $8.00 per square foot reduction wasnegotiated amounting to savings of $750,000. Inaddition many clauses were inserted to give thembusiness protection as well as many hidden costsclauses were deleted or changed.
A large book publisher in an office renewal negotiation for 86000 square feet achieved $5 million dollars of rental savings.
An accountant recommended my services to hisdaughter who had found a new location for hersmall bakery business. I reviewed her leaseexplained it to her and coached her through negotiations with her new landlord.
A custom broker retained me to consolidate 42,000square feet in 3 locations. Successfully completed over nine months including gettingone lease cancelled, one renegotiated and onenew lease negotiation.
A major Canadian mutual fund approached me to renegotiate a lease. When we surveyed themarket, we found an opportunity to relocatethat was so financially advantageous the tenantmoved. Coached a small single practioner throughlease negotiations. Reviewed a small woman's clothing storelease and suggested changes for her negotiations for a lease renewal including a clause that had potential negative significant impact on her personal assets. Document Review Chinese Restaurant Reviewed a landlord's standard lease and leasing proposal for a new location for a Chinese restaurant. I made many comments regarding unfair clauses, the most serious of which could have cost my client over $200,000 which was his entire investment in leasehold improvements with the first year of his lease term. Not only that, he would have lost his location completely and been forced to start over elsewhere if he could afford to do so!
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