introduction to north atlanta tenant advisor
TRANSCRIPT
North Atlanta Tenant Advisor
What is North Atlanta Tenant Advisor?• In association with Ackerman & Co, NATA is a commercial real
estate advisory firm representing tenants along the GA 400 corridor
• For 44 years, Ackerman & Co has been amongst the top brokerage firms in Atlanta.
• Ackerman & Co is a member of CORE network.
CORE has 21 membership offices across the country,
which greatly expands the breadth
of resources, technology and relationships
available to NATA. NATA can
effectively assist in meeting real estate needs from satellite
locations to corporate
headquarters anywhere in the US.
What Sets us ApartNATA represents financial service professional service and emerging technology firms along the GA 400 corridor• Nothing is more important than market expertise when negotiating
a deal
• As Georgia 400 experts, over 60% of the deals NATA closes in a typical year are between exits 5 and 10 along Georgia 400
Who is Ted Schwartz:
• Senior Vice President at Ackerman & Co., founder of NATA
• Recognized as a Top Producer at Ackerman & Co.
• Over 15 years experience in commercial real estate, over 250 lease transactions closed, deal volume totaling more than $100,000,000.00
• GA 400 corridor office tenant representation specialist
Our Approach to Tenant Representation
AnalyzeEvaluate
client priorities,
current and future
requirements. Discuss
current market
conditions
Engage
Establish working
relationship, set goals, objectives
and appropriate
timelines
Develop Cultivate a plan of
action and
research all
potential solutions
The Process
Visualize Present and
tour qualified,
viable opportunitie
s
Initiate Establish the most viable
solutions and request
proposal
Negotiate Protect client’s
interests by
achieving optimal
solutions
The Process
Draft Prepare and
submit detailed
documentation on final
agreed upon terms
Navigate
Provide all vendor
resources for future
development and
relocation services
Review Engage in consistent review of
the existing solu-tions
and reassess future goals
and opportunitie
s
The Process
The Client
R.W. Baird, Alpharetta, GA8,500 sq. ft. Class A office
• By renewing their lease 1 year early, NATA was able to save client $140,000 in rental obligations
• After assessing client’s needs, NATA also downsized their office space by 20% to ensure future savings
• NATA secured a new lease at a 30% savings over previous lease and a generous tenant improvement allowance
Recent Case Studies
Having occupied the same commercial space for many years, our office needed updating. We also wondered whether our lease terms best served our company. But , we were in the middle of a contract. Ted Schwartz of NATA reviewed our lease agreement and successfully negotiated a contract that offered us both substantial savings and allowed us to modernize our space. As a result, we are enjoying a fresh look and are confident that our lease agreement is consistent with current market trends.
Thanks Ted! -Jack Cohen Director
The Client Tech Target, Alpharetta, GA25,732 sq.ft. Class A office – 7,399 sq.ft. Class A
• With only 30 employees in a full floor office, client needed to downsize.
• NATA secured a tenant to assume the existing 17 month lease
• Created client savings on net lease obligations of $300,000
• Secured new plug & go location within the same office park at a lease rate 25% below the market rate
Recent Case Studies
Ted SchwartzSenior Vice President - Brokerage
10 Glenlake Pkwy | Suite 1000 | Atlanta, GA 30328770 913-3930 | Fax 770 913-3965 mobile 770 713-2775
[email protected]@northatlantata.com