The operating brief.
Define the use, location needs, approximate size, opening or move date and the constraints that cannot be compromised. Customer access, parking, staff patterns, deliveries and physical systems can be as important as the address.
A clear occupancy comparison.
Base rent is only part of the picture. Review operating expenses or reimbursements where applicable, utilities, insurance obligations, repair responsibilities, deposits, fit-out costs and the cost of timing. Lease structures and definitions differ, so use the actual proposed terms.
The questions behind the space.
- Can the intended use receive the necessary approvals?
- Will access, parking, loading and utilities support the operation?
- What work would be required, who pays and when could it finish?
- What do the lease terms say about renewal, assignment, signage and restoration?
From shortlist to proposal.
Compare options against a consistent brief before negotiating the proposed terms. Michael helps organize the property discussion and coordinate follow-up. Legal, design, engineering and permitting professionals address questions within their respective scope.
Timing the move.
Lease review, approvals, construction and occupancy may involve separate dependencies. Build a realistic schedule with the parties responsible for each milestone. Avoid treating a target opening date as confirmed until the necessary steps are resolved.