Corporate Real Estate Group

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Q. What is “Corporate Tenant Representation”?

Q. What does “Exclusive Agency” mean?

Q. What kind of properties can you help us with?

Q. What industries can you support?

Q. What if my needs take me beyond Utah - can you still help me?

Q. What if my business needs to get rid of extra space?

Q. What else sets CREG apart?

Q. What are your Fees for representing me - will this cost a lot?

Q. What is “Corporate Tenant Representation”? top of page

Tenant Representation is Professional Agency for Commercial Tenants – the “Users” of Commercial Space, whether secured through lease or purchase.

Q. What does “Exclusive Agency” mean? top of page

CREG only represents “users” of commercial space, NOT Commercial Building Owners, NOT Professional Landlords, and NOT Institutions such as REITs in listing their space for lease =

We Do Not Engage in “Dual Agency.”

This means, structurally, we will not represent two sides of the same transaction (an all too common occurrence) thereby avoiding conflicts of interest in representation. This enables us to maximum your market leverage in seeking space appropriate for your operations.

Q. What kind of properties can you help us with? top of page

CREG has, and will continue to, work with most properties that will be put to commercial use, including:

Office – high rise, low rise and single story
Warehouse & storage
Industrial and “flex”
Retail
Land and ground leases
Rooftop
Tower

Q. What industries can you support? top of page

CREG has supported companies in the following general industry areas:

Telecommunications (incl. switch, data center & collocation)
Applied Engineering (incl. manufacturing & assembly)
Biotechnology / Pharmaceutical (incl. BL-3 research and manufacturing)
Professional Services
Audio/Visual Production Studio
Medical (incl. examination, x-ray and operatory)
Call Center
S.C.I.F. (including vaults and e.m. shielding)

Q. What if my needs take me beyond Utah? Can you still help me? top of page

Absolutely. We have performed market studies and completed transactions across the country and overseas. No matter where your requirement, you need only make one call, we handle the rest.

(click on image to show geographic locations where CREG has operated)

Q. What if my business needs to get rid of extra space? top of page

In our services to the “users” of space, we assist in all aspects of acquiring, modifying and disposing of space. Disposition might include subleasing or selling the space, and this is the only time CREG would represent space (we would recuse ourselves from representing someone who may be interested in the space to avoid any conflict of interest).

Q. What else sets CREG apart? top of page

The barriers to acquiring a Real Estate license are low - and a license allows both commercial and residential work even though these are vastly different disciplines. Commercial leases and purchase documents are usually NOT form documents and must be negotiated in coordination with the input of other professionals (possibly including attorneys, architects, contractors, telecommunications providers, and other specialists).

What sets CREG apart is our analytic and transaction management skills and our professional experience. We employ and engage licensed individuals with applicable degrees and experience in business with an emphasis on finance and business operations. This combination enables a holistic understanding of challenges and the impacts of possible decisions to address them and allows us to drive transactions towards optimal conclusions for our clients. We urge you to get to know anyone you consider engaging to help your team through critical facilities changes.

Q. What are your fees for representing me - will this cost a lot? top of page

Typically we don’t charge our clients anything. This is borne out of the rules governing real estate transactions. Before a property owner lists real property for lease or sale through a listing broker, this listing arrangement must be in writing and must state the compensation for a legal transaction – usually expressed as a percentage of the total transaction proceeds to the owner. Such compensation typically contemplates the participation of a “cooperating broker” (such as CREG) – the broker that represents the prospective user whether tenant or buyer.

Through this construct, the fee for representation is already covered by the transaction so you should engage your own representative. If you do not, the listing broker enjoys an easy double fee and your interests are left undefended. Professional owners are well protected with the help of their attorneys and their listing brokers. You deserve the same type of support and defense of your interests!

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