Retail Leasing
Commercial is Booming!
Whether representing the landlord or tenant, the professionals at URealty have the experience and expertise to negotiate retail leasing transactions that ensure satisfaction for all parties in the deal. While retail leasing arrangements have grown increasingly complex over the years, URealty’s brokers keep a sharp focus on all regulatory, demographic, and business climate factors that continuously impact and shape the Ottawa region’s retail leasing environment. Combined with a keen, on-the-street knowledge about existing and needed retail infrastructure in specific neighbourhoods, URealty can seek out the best potential value propositions for both the tenant and landlord, whichever the case may be.
When working with tenants, URealty carefully considers both the client’s objectives and the scope of services/products the client plans to bring to market. URealty then conducts research on targeted neighbourhoods and buildings to assess the level of market viability for the intended service and/or product, along with, to the extent possible, existing retail leasing pricing. URealty also considers other factors—such as signage, parking, traffic patterns, pedestrian flow, and the like—that can play key roles in a business’s success. All of this information is utilized to help determine fair market leasing pricing for potential properties and serves URealty and its clients well in the ensuing negotiations.
URealty works with landlords in a similar fashion, conducting related research on demographics, existing businesses, potential competition, regulatory restrictions, etc. on the property’s neighbourhood and surrounding area to help determine fair market pricing. As with the due diligence work conducted on behalf of tenants, such information is key to successfully concluding a deal that benefits both parties.
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