Stipple | Commercial

Stipple Commercial

For your business to succeed, you need to be in the right place at the right time. That’s where we come in.

Knowlegeable, Experienced & Efficient.

Stipple Commercial conducts meticulous analysis and provides trusted advice to business owners. Leveraging best-in-class technology and support, our agents provide comprehensive options to strategic direction—now and long into the future. With proven track records and an ever-present eye on market trends, Stipple Commercial makes it our business to develop an innate understanding of yours.

Why should stipple represent you?

At Stipple, we make sure to understand our clients’ businesses and place a premium on efficiency. We have successfully represented all kinds of companies from start-ups to publicly traded companies and the basic formula is the same:

Needs Assesment

Take the time to understand our client’s business and space requirements

Market Insight

Educate our clients on market conditions and realistically set their expectations

Preselection

Preview and photograph the most attractive spaces to thoroughly present the best options

Updated Offer

Make sure our clients immediately know when new space comes available- often before it even hits the market

Negociations

Once the ideal space(s) is identified, advise our clients on the best negotiating strategy based on our experience with ownership and market conditions

After Sale

Always be available to act as an advisor for the term of the lease should questions arise

LEASING FROM A STEP-BY-STEP PERSPECTIVE

Identifying Your needs

This includes determining how many square feet you need, your desired layout, lease term (standard is usually 3-5 or 5-10 years), and budget along with cosmetic factors like flooring, ceiling height, and natural light.

Financial Information Gathering

Before being accepted by a landlord, the landlord will need to review your company financial information. If you have it together before you find your space, it will make it easier to secure the space.

Finding Your Space

Some people know what they want immediately and others are more comfortable seeing enough spaces to get an understanding of the market first. As a potential renter, you can search independently or use a broker.

Submitting An Offer

Regardless of how long it takes you to find your space, it’s critical not to hesitate once you do. Since commercial space is in high demand in New York, your window of opportunity is usually not very big. Some spaces sit on the market for months or even years, but the most desirable ones are often leased within a few days.

Negociating terms & Lease

If your initial offer is not accepted, the landlord will usually send you a counteroffer and you can begin negotiating the terms such as rental rate, free rent, landlord work, and length of lease. Once the terms have been agreed upon, the landlord will send you a lease.

Signing A Lease

Once you receive a lease, you can review it yourself or hire an attorney to review it. If you have questions you can either ask the landlord’s representative, your attorney, or your broker. You can ask the landlord to make changes to some of the lease items, but they will not revisit any of the terms already discussed during negotiations.

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