Philadelphia, PA · Member since 2017 · 2 posts · 0 votes
I just received a commercial lease draft for a restaurant location in the Philadelphia area.
I have heard about all the nightmare stories regarding people that signed leases without seeking professional help, so I was wondering if anyone can recommend a good commercial lease broker that represents the tenant around the Philadelphia area
I'm not sure if I know any commercial lease broker that is there to just help you on the negotiating out the lease language. While they can make helpful suggestions, brokers typically don't go into revising the actual language itself since that gets them into a dicey territory.
Are you a restaurateur? If so, try to see if you can find an attorney that specializes in representing restaurant owners and food service owners. Aside from this lease, there are some complicated, specific laws you have to deal with when operating a restaurant or other food service business.
Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney. What I wrote above does not create an attorney/client relationship between us. I wrote the above for informational purposes. Do not rely on it for legal advice. Always consult with your attorney before you rely on the above information.
Real Estate Broker · Ontario CA · Member since 2015 · 161 posts · 71 votes
8y
Did you take the time to read the lease yourself? I know they are long and boring, but take the time to do it. Use Google for some definitions. After that you will feel better and have some questions for your attorney when you meet with them.
The leases I draft for my clients are like 36 pages, and like 3 have all the details of lease on it. Most are definitions and "what ifs"
Real Estate Agent · Bala Cynwyd, PA · Member since 2016 · 67 posts · 29 votes
8y
Amin,
I'm a tenant rep broker in the Philadelphia MSA with a heavy focus on tenant rep restaurant work. If you already have a location and the landlord has provided you a lease draft, at this point you need counsel from a real estate attorney (a broker cannot provide legal advice). Be sure to hire an attorney with solid transaction experience with a focus on retail leasing - it will make a difference. Also, if you want input on the location or area I'm happy to do so - my email address is on my profile page.
Pittsburgh, PA · Member since 2015 · 18 posts · 6 votes
8y
Check out Tactix. Werbsite is www.tactix.com/. They are a tenant broker.
I have no affiliation with them, but I used to live in that area and got to know one of the principals (Bill Kiilrain) who was a good guy and passionate about what they do. I think he'll serve you well. Good luck and all the best.