Fundamentals of Leasing First Floor Commercial Space
 
June 09, 2021 10:00 AM - 11:30 AM
 

ONLINE via Zoom

 
 
 
Description:

The leasing of commercial real estate space is an important step when completing a development project and throughout the holding period of a residential property’s life. Right-sizing a building’s first floor space and its physical attributes can increase the profitability of the asset, add to tenant and community enjoyment of the property, and support the project’s ongoing feasibility. This course will provide an understanding of the sequential steps in bringing space to market; establishing rent; tenant selection; negotiating lease terms and space delivery condition, and bring students through to the final stage of lease execution and tenant move-in. Students will explore leasing issues that they may have been overlooked or never performed, and cover the following--

 

  • Considerations in use of space- retail, program or restaurant?
  • Tenant Selection and Space Delivery
  • Crafting offering terms for your marketing material, lease proposals and letter of intents
  • Identifying and selecting available resources when marketing your commercial space
  • Knowing the sequential steps in the leasing process
  • Factors in play that determine leasing process timeline
  • Respond to Q&A

 

Photography & Video Release
The Massachusetts Association of Community Development Corporations (MACDC) and The Mel King Institute (MKI) reserve the right to use any photograph/video taken at any event sponsored by MACDC without the expressed written permission of those included within the photograph/video. MKI/MACDC may use the photograph/video in publications or other media material produced, used, or contracted by MKI/MACDC. All recorded lectures will not be made public and will instead be “Unlisted” on the MKI Youtube channel for participant use.

To ensure the privacy of individuals and children, images will not be identified using full names or personal identifying information without written approval from the photographed/videotaped subject, parent, or legal guardian. A person attending an MKI/MACDC event who does not wish to have their image recorded for distribution should make their wishes known to the photographer/videographer, and/or the event organizers, and/or contact MKI/MACDC directly.

If you have any questions about the event or this form, please contact Lia Downing at (617) 379-5933 or liad@macdc.org. 


 

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