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NEGOTIATING TURN KEY TENANT IMPROVEMENTS: Costs associated with the construction industry have spiked. Steeply rising materials cost and supply chain delays are creating havoc. Tenants can best protect themselves by confirming "turn key" improvements and upgrades. Whether renewing your lease or relocating and signing a new lease, "Landlord will turnkey improvements, at their sole cost" will alleviate an unexpected invoice and the high risk of construction overages. If relocating your office, there are many second generation vacancies that may offer an ideal floor plan and only require cosmetic upgrades such as flooring and paint, making it much easier for a Landlord to accommodate. COMPLIMENTARY VACANCY REPORTS THAT INCLUDE AN ARRAY OF EXISTING FLOOR PLANS are available within 24 hours. 602.330.7482/rervanian.heipletravers@cox.net

Focusing on the details of the CRE lease can create a better real estate experience. Utilizing cost saving lease tips can secure maximum value for your organization. There are many, and a few are itemized below. *BASE YEAR. If a lease is being executed in the last quarter of the year, request the base year be pushed to the upcoming year. Include an annual cap on controllable expenses and increase the building occupancy to 95+ percent. Retain the right to review annual, itemized budget overages. There may be an error in base year comparison cost, especially if the building changed ownership and past expenses were not disclosed. *SECURITY DEPOSIT. When renewing a lease at a higher rental rate, confirm the security deposit will remain the same without increase. Otherwise, you may be surprised when you receive your monthly invoice requesting an additional deposit. *AFTER HOURS AIR. If the lease is full service but employees may work an evening or weekend, request free after hours usage of air "within reason". Although a tenant can typically access their suite 24/7, there may be an after hours charge for use of the air condition/heating system. *LANDLORD'S RIGHT TO RELOCATE. Request deletion of the Landlord's Right to Relocate. Although the Landlord may pay for the relocation, reimbursable cost may not include the value of your time and effort involved in moving to a different suite, often due to a neighbor expanding or a larger, full floor tenant forcing you out. You may not prefer the floor plan and views of the new location to your original suite. *RENEWAL OPTION. Although an Option to Renew may be years away, it could be valuable if vacancy rates are low and a neighboring tenant needs to expand. You may be forced into relocation at lease expiration even if you do not want to move. *SUBLEASE. If an unexpected issue arises, and you need to sublease, the Landlord typically agrees to Consent To Sublease which cannot be unreasonably withheld. If a sublease tenant is secured, you may want to include a time frame for the Landlord response, such as five (5) business days, so the potential sublease tenant does not get tired of waiting and move on. *COMPETITION. Create a SENSE OF COMPETITION for your tenancy! When working with a tenant rep broker, Landlord's know you are well informed, aware of the best market options and may have more than one proposal submitted at the same time.

As Tenants anticipate returning to work as the pandemic fades, many discussions are starting to surface on how "work" as we knew it will not be exactly the same. Too much has happened with technology. Zoom meetings have proven significant in saving time and cost. Clouds and home offices are up and running with the rapid race towards "everything Cloud" showing no signs of slowing down. Security with face and voice recognition is taking the spotlight. It may be the perfect time to consider options: Renewing in an existing office space or starting over with a more efficient, post pandemic, technology oriented suite! Tenant Reports on "Best Relocation Options" are Complimentary and provided within 24 hours upon request. rervanian.heipletravers@cox.net or 602.330.7482.

In discussions with tenants about their business landscape once the pandemic fades, Focus Rooms are mentioned frequently as a solution to augment the post pandemic office environment. Creating an ecosystem of work spaces - ranging from home office to the formal office with enhanced technology that saves time and cost, while improving security and acoustics is becoming top priority, instead of just focusing on getting back to the office full time, same as before. While many businesses are already implementing change, the design of the office needs to follow this new strategy and vision. Focus rooms are creative mini conference rooms, which could house a small table and chairs, a more casual sofa and living room design, or both. They are meant for one person or a small group of people to discuss, strategize and complete tasks in a quiet/private setting. Complimentary Reports are available @ 602.330.7482 or rervanian.heipletravers@cox.net #tenant #office #lease

Looking into 2021, opacity aka lack of transparency defines the commercial real estate market. Asking a professional for a Complimentary Best Options Report is in a tenant's best interest. One report could easily display Best Options for: *Tenant lease renewal or renegotiation, *Relocation, downsizing, expanding, *Building purchase and/or *Rebrand of business into a different type of space such as office to flex/warehouse; flex to office; or retail to office as the market shifts and more sales and meetings are completed online. Complimentary Best Options Reports are provided within 24 hours. heipletravers.com reneeervanianpc.com 602.330.7482 rervanian.heipletravers@cox.net

A tenant/buyer rep broker is a real estate expert who works exclusively for the tenant/buyer and solely has their best interest in mind. This is different from standard real estate brokers, who represent both landlords and tenants. While logistics and warehousing companies expanded in 2020 due to significant portions of the population ordering products on line, many office tenants chose downsizing as the perfect option. Many decision makers knew an office location was still needed, but now required a different floor plan and image due to Zoom meetings and employees working from home more than usual. Existing floor plans on vacancies are always included in COMPLIMENTARY BEST OPTIONS REPORTS and available throughout the upcoming holiday season. 602.330.7482/rervanian.heipletravers@cox.net

#LocalBusinessOwners make up the backbone of a #community, giving it the lifeblood that keeps the #AmericanEconomy functioning. For every dollar spent at a #localbusiness, at least 68 percent funnels back into the #localcommunity. It was a #PLEASURE, to recently assist the following #local #business owners with #relocation or #lease renewal. *ABCO Shredding *All Other Animals, LLC *American Precious Metals, Inc. *Anthony Bates Foundation *Arizona Actors Academy *BC Logistics, LLC *Biltmore Psychiatric Group *Clearskin Institute of Laser Aesthetics, Inc. *Comfort Keepers In Home Care *Consulate General of Ecuador *David Eisenberg, PLC *Desert Edge Mentoring Services *Dieterich Architectural Group *Douglas M. Liebman Estate Jeweler *Family Transitions *Faussette and Faussette, PLLC *Grant N. McKeehan, PLC *Jamal Allen, PLLC *Jose Bracamonte Law *JR Filanc Construction Co. *Kegan, Linscott & Kenon, P.C. *Lang & Klain, P.C. *Nevoa Life Sciences, LLC *Nexem Staffing *Pope & Associates, P.C. *Stephen J. Anthony Law *The Finders *The Harding Firm *Wright Law Offices, PLC *Zenith Pro Holding, Inc. *Zeus, LLC