Why Choose UsGeneral Tips for Every Space Do not wait until you must have a space. You will lose all negotiating power if you are in an urgent situation. If you are moving locations, it is ideal to begin your search roughly 18 months prior to the expiry date on your existing lease. It may take from 3 to 6 months to complete lease negotiations and to complete location enhancements.
Try to include a 90-day termination clause that states either party possesses the ability to terminate the lease with a notice of 90 days. This is often not favored by landlords, but in the right circumstance, they will reluctantly agree. If you have received an amazing offer on your ideal location, do not include it to be certain no one outbids you for the space and you are forced to vacate your perfect location.
Do not forget to ensure the space is handicapable.
Ask for information pertaining to any space prior to a viewing to avoid losing any negotiating powers and prepare a list of questions in advanced based on the information you have received.
Do not rely upon the certainty of just one space. You should always have at least one contingency location in case the landlord selects another renter. You can also leverage the two in negotiations to receive the best possible deal.
An annual increase of 3% is industry standard and in some circumstances 4% is considered acceptable if the landlord is willing to make continued improvements to your space.
Get everything in writing pertaining to anything the landlord promises you and maintain digital and hard copies of everything. If the landlord says they will allow you to pay rent on the 15th of every month rather than the 1st, get it in writing!
JGM Properties is a Twin Cities based commercial real estate leasing agency, offering office, warehouse, retail, and medical space for lease in the Minneapolis St Paul metro area.
Our focus is to provide quality commercial space for your business; at a fair price. We offer custom built space from 200-20,000 square feet.
With 22 buildings in 12 metro cities, there's a good chance that we have the type of space you're looking for in the geographic location that best suits your business. We have properties in Bloomington, Edina, Eden Prairie, Brooklyn Center, Fridley, Eagan, Waseca, St Paul, Woodbury, New Hope, Plymouth, and Minnetonka.
We have properties located off all the major highways in the Minneapolis St Paul metro area…I-94, I-494, I-694, Hwy 100, Hwy 169, Hwy 62, Hwy 55, and more!
We have over 1,500,000 square feet of office, warehouse, retail, and medical space in our portfolio of commercial properties in Minnesota…so it's likely that we have a few options that would work for your business. However, in the event we don't have the proper commercial space available for lease in our portfolio; we'll work to match you up with a third party broker who can take over the process and find you the best space at the best price.
Here's how it works…call us to discuss your requirements (size of space, type of space, special requirements, ceiling height required, monthly budget, etc.). Once we have a feel for the type of commercial real estate you need, we'll put together a list of the options we have in our portfolio of properties that closely match your overall requirements.
Get in touch with us today to discuss your needs. We will work diligently to help you locate the best commercial space for rent in the Twin Cites.