| If your company's growth involves negotiating or managing one or multiple lease agreements, we can help.
Cirrus Tenant Lease Services offers clients the opportunity to cost effectively outsource critical and time sensitive elements of the real estate process. Cirrus is designed to function as your external real estate department on a project-by-project or long-term basis. We specialize in lease negotiations and administration, offering our Clients the following services:
- Lease negotiations
- Final document negotiation and preparation
- Lease administration
- Due-diligence (financing, mergers and acquisitions)
- Lease auditing
- Strategic consulting (analysis, valuations, and risks)
Our flexible suite of solutions provides merchants direct access to a leading team of experts, enabling them to spend less time on administrative tasks and more time focusing on growth. Our streamlined service offerings reduce both the time and expense from your real estate process. Best of all, you will never get caught in a crunch when you experience employee turnover and re-training costs in your real estate department.
ALIGN REAL ESTATE SYSTEMS WITH YOUR OVERALL GROWTH
Strategies & Goals
Cirrus is the only provider of tenant lease services in North America that specifically focuses on handling lease agreements for multi-unit tenants, with zero conflicts of interest. Real estate has become an increasingly important component to many retail companies' asset base and growth plans. We have proven that when systems, processes and people are set-up and utilized effectively, the tenant lease portfolio can be used as a tool to strengthen your business' platform for sustained growth and success. Our clients consider the outsourcing of their real estate functions a critical component of their continued success. Employing Cirrus gives your company's real estate team the freedom to focus on critical components of the real estate process including the selection of new sites, fostering relationships with key landlords, and other core components of your business.
SHORTEN THE LEASING CYCLE — TURN TIME INTO MONEY
Cirrus has managed to cut store opening times by as much as 30% for its clients by eliminating inefficient communication and multiple "hand-offs" during lease negotiations. At Cirrus, all critical functions of the real estate process are constantly managed.
From our research team to our lease negotiations team, our in-house legal department to our lease administrators, your deals, whether new leases or renewals are moved along quickly and efficiently, while all along, keeping you in the loop with real-time reporting. Call us to find out how we can immediately save you time and money — and how you can finally free yourself up to do the things that matter! |
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There is no question about it: It is getting tougher and tougher for small and medium-sized retailers to compete in today's environment. With rising rents and labour costs, and in the face of competing businesses often on the same block, today's retailer faces more challenges than ever.
One of the alarming trend over the past decade is the store Lease Agreement. Ten years ago the biggest consideration when signing a lease was the viability of the location itself (visibility, traffic, parking, etc.). Today, however, many retailers are falling prey to signing Lease Agreements that have been carefully engineered by and for landlords
providing them with almost 100% of the leverage in the landlord-tenant relationship. As a retailer in Canada signing
lease(s) in order to conduct business, have you asked yourself the following questions:
- Which corporation am I using to sign & guarantee the lease?
- Am I getting enough Options to Renew to provide my store with 20 years worth of security to this premise?
- If I have to vacate early, do I have Assignment & Subletting rights?
- Have I tried to get Early Termination rights?
- What are my obligations when the Lease expires?
- Do I have any Exclusive Use rights to protect me from competition?
- Is there a Continuous Operation clause in the Lease?
These questions come from a checklist of approximately 50 questions that need to be examined carefully by today's retailer in Canada. If any one of the above questions is overlooked, the cost to the retailer of either added risk to the business or reduced flexibility can cost hundreds of thousands of dollars.
| ABOUT US
For over a decade, Cirrus Tenant Lease Services has supported business with real estate strategies, enabling clients to better execute their corporate development and expansion. As retail industry specialists, Cirrus tailors its service offerings to meet the needs of our clients.We understand that the dynamics of the retail industry are constantly changing and we are committed to providing clients with solutions that will effectively execute their growth strategy.
Understanding the needs of our clients is the cornerstone of our success. By outsourcing lease administration, negotiation and renewals, the process is shortened through the practical application of our knowledge of the tenant leasing process.
By implementing our proven best practices, we eliminate the exorbitant expense and excess time involved in the real estate process. As business minded lease consultants, we respond to hurdles with speed and creativity so that deals
can move forward quickly to meet growth targets.
Our team of experienced professionals combines their knowledge of the real estate process with their understanding of market trends.We take pride in the solid relationships we have built with clients, landlords and developers over the years, and believe our success can be directly attributed to the importance we place on these relationships. We are well connected to industry insiders and are always aware of new developments so our clients can plan ahead and take advantage of opportunities in advance of their competition.
At Cirrus, we work to get the best deal possible for our clients so that their tenant lease portfolio provides their overall business the strongest possible platform for long-term success.
TO CONTACT US, PLEASE VISIT OUR WEB SITE AT WWW.CIRRUSTLS.COM OR CALL US AT 1-800-459-3413. |
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