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Commercial Leasing

Commercial Leasing in Orlando & Central Florida

The CFL Commercial Team specializes in commercial leasing in Orlando and Central Florida, and has extensive experience in all areas, including retail, industrial (warehouse), and office space. While based in Orlando, our network of contacts and resources enables us to represent clients well beyond the Central Florida MSA. We represent clients throughout the state of Florida, the Southeast, and nationally. Whatever your needs, we work quickly and efficiently to get results.

Tenant Representation: Depending on the type of space you seek, and the geographic area you prefer to be within, we use our extensive resources to locate the best possible site for your commercial leasing need and budget. When a particular demographic area is required, we do a comprehensive study to make sure the space we recommend meets your criteria.

Landlord Representation: When representing a Landlord, whether for a retail center or a single store, an industrial center or a single warehouse, a multi-story office building or a single office suite, we use all our available resources to market and lease the space in as short a timeframe as possible. Having a history of tenant representation, our knowledge and experience helps us to better understand both sides' needs during the negotiating process, and to ultimately reach a lease agreement.

In most cases there is no cost to commercial leasing clients for our service. Should a fee be required, the amount is determined and agreed to before we begin our work.

Commercial Lease Negotiation: The Process

Once the right location is found, the lease negotiation process begins. It starts with the submission of a Letter of Intent, a non-binding document outlining the terms under which a lease will be agreed to in principle. This document is used as a means to determine if a landlord and tenant can agree on the main terms to be included in the Lease Agreement, which will be a binding document.

The Lease Agreement is usually drawn by the landlord, or the landlord's attorney. It should contain all the terms agreed to in the Letter of Intent. It will also contain provisions not covered in the Letter of Intent, but necessary to complete the lease. We review the lease and make recommendations we believe are to the favor of our clients, and to help save our clients, time and money.

When a lease is ready to be executed (signed), the Tenant is normally expected to post at minimum, the equivalent of one month's total rent, and the same amount as a security deposit. In some cases, a landlord will request a larger security deposit. A number of factors are considered, but the key factor is always the financial strength and credit worthiness of the Tenant.

What to Know Before Looking for Space:

• • The geographic area(s) where you want to lease space;
• • The amount of square footage needed;
• • How soon the space is required;
• • The length of the initial lease term;
• • The length and number of option terms;
• • How much you have budgeted monthly for space to be leased;
• • Requirements for utilities and other amenities particular to your business;
• • Any unusual or special requirements.

Information You Need to Have Ready:

• • The name of the business or individual whose name shall appear as Tenant;
• • Financial Statements - If the “Tenant” is to be an individual, or a business less two years years old, a personal financial statement will be required, and possibly one or two years of personal tax returns, and a current credit report. If the “Tenant” is a business older than two years, the business financials will be required. In all cases the landlord reserves the right to request additional financial information.
• • SBA Financing (If needed): SBA Loan Programs Summary, SBA Express Loan, Community Express Loan

Our Comprehensive Commercial Leasing Services include:

• • Using our resources to help you find the right location at a reasonable rent.
• • Checking multiple locations to reasonably ensure the chosen location is the best location.
• • Doing a demographic study of the area.
• • Preparing a non-binding Letter of Intent specific to your needs.
• Negotiating terms you require on your behalf.
• Reviewing commercial lease agreements prior to legal review by your attorney.

Standards for Determining Leaseable Square Footage

The standards used to determine leasable square footage come from BOMA (Builders Owners and Managers Association). Useable Square Footage is defined as the measurement of actual occupiable area of a floor or an office suite. Rentable Square Footage is defined as the measurement of a tenant’s pro-rata share of an entire office building floor of occupancy. Total Square Footage, unless otherwise indicated, will always be from the center point of a wall to the center point of another wall, and requires consideration when doing a space layout.

Contact Us About Commercial Leasing in Orlando and Central Florida

If you are interested in our commercial leasing services, either as a landlord or a potential tenant, please Contact Us. We will work diligently to negotiate the best terms possible on your behalf!