Carlson-Darby Office Team Colliers International Carlson-Darby Office Team

Greater Phoenix

Phoenix Office
2390 E Camelback Road
Suite 100
Phoenix, AZ 85016
USA
Main: + 1 602 222 5000
Fax: + 1 602 222 5001

Bob Mulhern
Senior Managing Director
Greater Phoenix
Direct: +1 602 222 5038
bob.mulhern@colliers.com

Commit to Premises

Step Three: Commit to Premises

Completing or varying your lease documentation; commencing the full design process

Letter of intent

Once the particulars of a lease agreement are negotiated, both parties will sign a letter of intent. This document is generally not legally binding but is a gesture of good faith that terms have been agreed. When signed, this document will be used to brief attorneys so that the final lease documents can be prepared.

Workplace design issues

When a lease agreement is complete, the workplace tenant improvement process begins immediately. At this stage, you should have completed:

  • Needs analysis
  • Space plan
  • Test fit

This will enable you to engage a designer, who may be the workplace designer, with accurate information regarding your requirements. The sooner a designer is engaged, the better the outcome.

It is vital that this stage is viewed as an investment in the organization’s future and not merely a tenant improvement. The development of work space should be directly linked with your organizational strategy.

What you need to know before you sign

Colliers International Office Leasing Guide for Tenants
Download the Office Leasing Guide

This step-by-step guide has been assembled to reflect Colliers International’s knowledge of the leasing process. The knowledge in this handbook will help you make a major business transition with minimum disruption.

Greater Phoenix
2390 E. Camelback Road, Suite 100 Phoenix, AZ 85016 United States | Tel: +1 602 222 5000