Frequently asked questions
Why do I need tenant representation?
The interests of commercial real estate owners and their leasing agents will usually be with the landlord of the property, not the tenant. So, when you are looking to lease business premises it is always wise to secure the assistance of an experienced, independent, professional Denver area commercial real estate broker.
As we only offer our services to office tenants there is never a possibility of our having a conflict of interest between your interests in renting office space and the interests of the landlord in leasing office space.
How does The Koplin Group offer services free to a prospective office tenant?
Most often our assistance and expertise is available at no cost to a prospective office tenant. The landlord typically pays its leasing agent a commission and the leasing agent will typically share that commission with The Koplin Group as the leasing broker for a tenant. Thus, with few exceptions, the Koplin Group is normally not compensated for its services by the office tenant and the tenant does not expend any sums to have the assistance of a leasing broker.
Why should I choose to use the Koplin Group?
The Koplin Group is a Realtor ® exclusively providing real estate brokerage services to office building tenants (never landlords). We are members of the Denver Commercial Association of Realtors (DMCAR) and our skilled staff have extensive knowledge of Colorado real estate and a wealth of experience in commercial property agreements.
The Koplin Group’s professional and knowledgeable commercial real estate brokerage will assist you to realize a favorable business leasing experience.
Can I just find and lease my own office space?
Yes, but because we have many years of experience working within the commercial real estate industry we can use our knowledge of the Denver Metropolitan Area office leasing market, along with comparisons of several possible tenancies, as tools to assist in your business getting a favorable office space on favorable terms. Additionally, if you are assisted by a company like the Koplin Group many times the landlord will understand that you are most likely considering other premises. This will encourage the landlord to remain competitive with their prices and incentives.
Many landlords have professional brokerage representation looking out for their best interests. As there is normally no cost to you for our services, your company will likely benefit from retaining a tenant broker like The Koplin Group.
Why shouldn’t I go direct to the leasing broker?
The landlord’s broker is contracted by the landlord to secure suitable tenants, but often also to secure for the landlord the best terms and price possible for their leased property. In many instances the landlord’s broker cannot consider your needs without undermining their contract to represent the landlord. By contacting the landlord’s broker direct, responding to availability signs or internet advertisements, you are dealing with a broker hired by the landlord.
Using a professional tenant broker like the Koplin Group will assist to ensure that your interests are considered, as well as saving your company valuable time and money.
How does a tenant broker assist me to choose the right space for my business?
Whether you are looking to lease, purchase or construct commercial office premises, our analysis will help establish your company's specific real estate requirements. As well as identifying your budgetary constraints and timescales, we will determine many other important factors that will influence your final property choice including: the location, the required level of public access, the size and flexibility of the internal space, the accessibility of local facilities and amenities, the possibility of landlord incentives, the interior finish, the exterior appearance of the building, etc. Once we understand what you are looking for, we are ready to assist in finding you your perfect business premises.
How much time should I allow for the process of finding a new business space?
Giving yourself plenty of time will put you in a position of strength and ensure that you get the best deal for the best premises available to you. The Koplin Group therefore recommends that you start looking for new premises (especially if you require a space in excess of 15,000 sq ft) at least 12-18 months prior to your existing lease expiration date. If you require a smaller space the negotiation time can be shorter, but if time is tight your potential landlord can perceive this as a weakness and use this as leverage when it comes to negotiating the new lease.
Whatever your space requirements or time limitations, the Koplin Group’s team will work to get you get the best possible lease under the best possible of terms.
We just want to renew an existing lease, can the Koplin Group help?
Yes, your landlord is a business professional who wants to make the most from his premises. The key to a successful renewal negotiation is creating interest and competition between your current landlord and other landlords in the area. We are aware that you have an existing relationship with your landlord that you may wish to protect, so when we assist you during a lease renewal we remain sensitive to your ultimate goals and assist you accordingly.
What should I NOT do when negotiating a new office lease?
It’s an easy mistake, but we often hear of people who let their landlord’s know (either directly or by their actions) that they intend to renew their lease. Even if you are not interested in developing alternative solutions, you should not commit to any one course of action prior to signing a lease. By remaining flexible, and keeping your options open, you can put yourself in a position of strength, particularly when it comes to negotiating the terms of a renewal.
The Koplin Group can help you to avoid any of the pitfalls involved in obtaining a new office lease, save your company time and money while giving you the peace of mind that comes with knowing that you have retained an experienced Realtor.
Is there a size of office that The Koplin Group can best assist a prospective tenant?
The Koplin Group can assist prospective tenants with requirements of from 5,000 to 500,000 square feet of rentable office space.
How do I get started?
We will be there to guide you throughout the whole process. Call or email Ross Koplin right now! ( Ross.Koplin@KoplinGroup.com (303) 506-9556).
