CA Commercial’s Managing Partner Bob Canter explains that many businesses signed leases at the height of the market under totally different economic conditions. “Now,” he says, “commercial real estate rates have dropped dramatically...
North Potomac, MD (PRWEB) April 26, 2010
The new Lease Review Program from the commercial real estate experts at CA Commercial Realty Partners can result in substantial rent reductions that help businesses slash operating expenses.
CA Commercial’s Managing Partner Bob Canter explains that many businesses signed leases at the height of the market under totally different economic conditions.
“Now,” he says, “commercial real estate rates have dropped dramatically along with overall retail sales and overall sales in general.” We’re using our expertise to help them capture substantial savings through lease modifications that can range from rent abatement to negotiating a new lease at better terms. Many small business signed leases without fully understanding some of the very real negative consequences the lease can have on their business”
“Best of all,” adds Partner Jake Adler, “it costs nothing for our clients to find out how much their businesses could save through lease modification.” The Review itself is offered at no cost. If rent reduction is feasible, CA Commercial handles the negotiations for the client and is paid a portion of the savings that are achieved by lowering the client’s rent.
CA Commercial understands both commercial real estate and how franchises work. They are offering as an additional service the “New Lease Review Program”, designed to give franchisors nationwide an extra level of comfort and safety by having its experts look at leases before they are signed to make sure the terms and the property will comply with the franchisor’s rules — and will meet the expectations of the franchisee. There is a flat low cost fee for this service.
“We really understand the challenges franchises and other businesses face,” says Adler. “Our new Lease Review Program lets them tap our expertise in dealing with landlords plus our proven track records of helping each client get the best terms and the best performance from their real estate.”
About CA Commercial Realty Partners:
Headquartered in North Potomac, MD, CA Commercial Realty Partners is a boutique brokerage and consulting firm. It was formed in 2005 by 2 commercial real estate veterans who felt many tenants were not getting the proper service and knowledge to make the best decisions when signing leases. The company works with many local businesses and is very well known and respected with its work with small businesses.