Why Should A Tenant Choose COHANE REALTY ADVISORS as Their  Broker?

1. John has a proven track record with proven results. He also takes pride in performing all of his services with the utmost integrity.
2. John can save a tenant or their real estate representative valuable time in identifying suitable locations, which can dramatically accelerate the tenant’s ability to open stores quicker and allow the tenant or their representative to spend more time in other areas such as store operations, construction, lease negotiations etc. Also, the landlords pay the Cohane Realty Advisors fee. It is standard in the industry for the landlord to pay both the landlord’s broker (if there is one) and the tenant’s broker. These fees are usually already built into the pro forma rent numbers, since almost every national tenant uses a tenant rep broker.
3. John’s 25 years of experience of working on both the landlord and tenant side with national retailers and large landlords enables him to assist tenants in negotiating the best terms and conditions and ensure important provisions – such as caps on cam, use clauses, exclusive use provisions and co-tenancy provisions – end up in the letter of intent – and, with the help of the tenant’s attorney, the lease. In today’s world, major shopping centers are controlled by public companies or large landlords who hire experienced leasing people. Tenants should also use an experienced leasing professional to look out for their best interests in negotiating the letter of intent. If they don’t, they put themselves at a distinct disadvantage, which can be very costly – and continue to be costly – over the term of the lease. Why not use a retail leasing professional who’s been involved in closing over 400 lease transactions and has been recognized by the ICSC as an industry-leading professional by receiving its prestigious SCLS designation?
4. In today’s tough economic climate, it’s especially important to negotiate certain lease provisions in case the shopping center’s anchor tenant closes, the shopping center suffers a lot of vacancies or the landlord does not pay the tenant their tenant improvement allowance! Other areas to negotiate carefully include the cam, taxes and insurance, which should be based upon the shopping center’s total gross leasable area (GLA).
5. Some of the successful tenants John has made deals with over the years include Marshalls, Bed Bath & Beyond, Off Broadway Shoes, Linens N Things, Pier One, Office Max, TJ Max, Babies R Us, Barnes & Noble, Rack Room Shoes, Famous Footwear, Old Navy, Michaels, Sports Authority, Dress Barn, Lane Bryant, Justice, Cacique, Carters, Payless Shoes, Fed Ex Office, Mattress Firm, CVS, Petco, Petsmart, Rave, Catherines, David’s Bridal, Priscilla’s of Boston, Fashion Bug, Rainbow Shops, 5-7-9 Shops, Ulta, Panera Bread, Toojays, Verizon, AT&T, Hooters, Dan Marino’s Town Tavern, Outback Steak House, Friday’s, Five Guys, Sal’s Italian Ristorante, Buca Di Peppo, Sweet Tomatoes, Longhorn Steaks and Einsteins Bagel.