




 | | Services...on
a local and global level.
TRA offers a comprehensive array of services designed to meet each
client's needs:
 | Tenant & Buyer Representation (lease,
sublease, renewal, build-to-suit, and purchase) |
 | Purchase / Acquisition Negotiations |
 | Multi-Lease Administration |
 | Lease Options (lease buyback, synthetic
leases, etc.) |
 | Consulting / Planning |
 | Market & Financial Analysis
(buy vs. lease, feasibility / needs, etc.) |
 | On-Going Audits (escalations and
expenses) |
TRA only represents tenants and buyers. That means TRA will
never represent a landlord/owner in a transaction thereby ensuring our clients we
will never have a conflict of interest. Under
PA State Law a
broker representing the tenant or buyer must
"be loyal to the (tenant or) buyer" always acting in the tenant's or buyer's
interest.
A dual agent (a broker who represents
landlords/owners AND
tenants/buyers) is under no such obligation and in fact is obligated to
"take no action
that is adverse or detrimental to either
party's interest in a transaction" (see Consumer
Notice or Section 606.4 of PA
State Law)
While other firms (unless they exclusively represent
tenants/buyers) may be required
by state law to "take no action that is
adverse or detrimental to either party's (i.e.
landlord/owner or tenant/buyer)
interest", TRA
is devoted solely to our clients' best interest.
We
must be loyal only to our client and we will never jeopardize this trust.
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A word about professional fees:
Typically, TRA's clients incur no upfront costs for
TRA's services. Fees for tenant representatives are typically paid
to the tenant’s/buyer's agent by the owner (or
owner’s representative)
of the prospective site. You may have experienced this when buying
or selling your home. In the home selling scenario, sellers almost
always pay a commission to their broker. Their broker in turn shares
that commission with a buyer's broker. Whether the buyer is
represented or not, the seller pays the same.
So it is with most commercial
landlords/owners. And, because TRA is negotiating leases/purchases
all the time, because of our experience, because of our mission, because
of our comprehensive program, our clients have greater potential to
realize:
 |
lower costs (than
our clients could negotiate for themselves) |
 |
better legal terms |
 |
more efficient space |
 |
less time (spent
on your part) |
 |
no upfront costs |
More and more tenants/buyers are
realizing that the owners have representatives negotiating for them in the
process, why shouldn’t the tenant/buyer? And, when the
tenant/buyer is dealing with the owner’s representative, that
representative is obligated to look out for the landlord's best
interest. One firm is obligated to look out for your best
interest...
TRA.
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