This is a very insightful article explaining what we at Grillo Commerical Real Estate are currently seeing in marketplace from the tenants’ perspective. Bottom line, rates are rising and quality space is increasingly in demand. While we are nowhere near recovered, the commercial market is ticking up. Because of this trend, some concessions for tenants are getting tighter. It should also be noted that each sub-market can have greatly varying dynamics due in part to differences in landlord motivations. This often can result in two comparable adjacent buildings offering completely different deal terms. We cannot stress enough the importance of any business looking to renew their existing lease or seeking new space to utilize the services of a Tenant Representative.  Tenant Representatives provide business decision makers the knowledge, insights and resources to ensure that their best interest come first before the Landlord’s interests.

http://www.costar.com/News/Article/Balancing-Act-Lack-of-New-Commercial-Space-Overcomes-Softening-Demand/137469?ref=100&iid=276&cid=D236DC9B177EC3633EEB2873714998B0

The Denver Business Journal reports what we, as Tenant Representatives, are seeing everyday in the market. Many tenants are starting realize that the market is ticking up. While concessions like free rent and tenant improvement dollars are still there rates are starting to hold strong and even rise in the more desirable locations. The demand and rate increases are even more obvious in “home run” retail locations. The key for a tenants maximization of concessions and minimization of occupancy costs is to have someone they know and trust working with them to be their un-conflicted advocate in negotiations.

We at Grillo Commercial Real Estate are proud to announce the addition of Kelley Schneider to our Tenant Representation team. Born and raised in Denver in a family of reputable commercial real estate professionals, Kelley is no stranger to the growing Colorado commercial real estate market. With four years of real estate experience, including an apprenticeship with a Certified Commercial Investment Member, two years of corporate business marketing and strategy experience and the completion of her M.B.A., Kelley comes to us with a strong passion for helping see clients’ businesses thrive. Understanding all of the intricacies involved with building a successful business coupled with her keen wit makes Kelley a valuable and fun asset to our team.

Thank You,

Mark W Grillo

President/Managing Broker

It’s a pleasure working with such great tenants.