When you decide to work with Urban Bay Properties’ Commercial Division, we will walk you through a simple, 4-step process to acquire the small office or retail space you are searching for.
1. Analyze Your Needs
We will meet with you to discuss your exact needs and expectations. We may ask questions like:
- Why are you looking? What’s not working with your current space?
- What kind of space? New building or old? North or south of Market Street?
- When do you need the space?
- How much? What are your financial resources and how can we best present your credit history to the landlord?
2. Take a Tour
We will take you on a guided tour of 5 or 6 available office spaces that match your criteria. Take advantage of our expertise to compare and evaluate competing office spaces. This is the only way to know if the space works for you.
A typical tour takes about an hour and a half and gives you an excellent overview of the environment. Many tenants are happily surprised at the range and scope of affordable office space and are eager to make an offer. Others prefer a second or even a third tour.
We will schedule as many tours as you require to locate the perfect space. We need to schedule each tour 48 hours in advance to allow time to arrange appointments with building agents.
3. Make an Offer
Instead of you having to fight for the right space, we will have the landlords fighting over you.
We do this by preparing an offer to the landlord consisting of:
- A brief description of the intentions of your business.
- Several basic financial statements from you.
- A non-binding Letter of Intent. This will be carefully crafted to establish the best possible terms and conditions for you and your company.
4. The Last, Best Step: Negotiate Terms and Conditions
This is where you will truly appreciate having an expert at your side — it will make the biggest difference in your office space search and negotiation.
Alex DiChiara and Jim Walker have negotiated hundreds of transactions in San Francisco, and landlords know that unless they deliver the most competitive rates, we will take you to a building across the street that does.
Once the terms and conditions of your offer are accepted, a final Letter of Intent will be submitted and a draft of the lease prepared. We recommend that you review this draft with your attorney and purchase liability insurance. When you are ready, we will deliver it to the landlord along with your security deposit.
Voilà! We will hand you the keys to your new office space.
Contact us so that we may start the process for you:
415.901.2800
