Keeping clients’ long-term objectives at the forefront, Vesper takes a consultative approach to tenant representation. We utilize our experience and combined talents to create a strategic recommendation for those entities that we represent, ensuring that their facilities match their business needs and future goals.
The tenant representation process is a highly customized one and we realize that having the right team on each assignment makes all the difference. In working towards achieving the goals of our clients, Vesper recommends leveraging their strengths by creating competition amongst landlords, effectively creating a blind auction around our client’s tenancy.
The process of tenant representation includes the following services:
Space Needs Evaluation - immediate and long-term.
Existing Lease Obligation Analyses
Identification of Alternatives - including shadow space and "CMA" option.
Analyze and Quantify Alternative Locations
Analyze and Value Engineer Build-out Allowances and Construction Bidding
Annual Lease Audits Upon Expense Escalations
Vesper Realty Advisors provides our clients with corporate advisory services to better align their existing real estate obligations with their future business goals. The majority of our advisory services are non-transactional in nature, where we are providing information and consulting support to enable our clients to reach the best corporate real estate decisions possible. Our team offers a wide range of depth, knowledge and a successful track record providing the following corporate advisory services including:
Highest and best use studies
Long-term strategic planning
Overhead cost review and reduction
Due diligence surveys and evaluations
Strategic consolidations/expansion review and analysis
Early lease terminations
State and local tax incentive search
Property portfolio fee past and future analysis
Key to Vesper's property management services is the attention to detail and going "the extra mile" to implement the clients strategic plans to minimize overhead costs while maximizing asset values. We provide:
Strategic management planning.
Annual property and forecasting budgets.
Asset management financial reporting.
Engineering and cleaning services schedules.
Tenant lease evaluations.
The value of the corporate facilities management role is crucial in this age of corporate stream lining. Vesper focuses on obtaining the lowest overhead occupancy costs possible for our clients facilities using a multitude of saving measures including:
Accounting and budgeting.
Reducing building operation tax and operating costs.
Vesper’s Construction and Project Management teams focus on keeping projects on-time and under budget. Functioning as owners’ representatives, Vesper’s indispensable services include:
Pre-development: planning & scheduling
Design, review and feasibility analysis
Estimating management and analysis
Value Engineering and alternative pricing
Sub-contractor accounting and audit.
Our combined 65 years of commercial and industrial sales and leasing brokerage experience totals over $515MM in transactional knowledge and global contacts, which serve to maximize our client's real estate objectives. Tracking over 85,000,000SF of lease and sale comparables over the four-state New England region, results in value added information to demise our clients real estate assets.
Advanced analytical tools identify, evaluate and strategically provide our clients best alternatives in both sales and leasing of today's facilities.
Our experienced brokerage teams provide resourceful, efficient strategies to leverage our clients assets, maximizing value with a minimum of disruption to their business.
Vesper’s team assists clients’ transactions by focusing on the reduction of overall costs. Vesper provides a creative consultative style that provides clients the ability to adapt their facilities to meet ever-changing mergers, acquisitions and unforeseen market opportunities.
Vesper Realty Advisors offers professional, regional expertise in the following investment services, all of which cover the real estate capital market:
Debt & Equity Sourcing
Construction and permanent Loan financing
Sale lease-back Financing
Equity Acquisition - Due Diligence Services