Comparing the Options and Making an Informed Decision
After the tenant has received responses back from the short listed landlords – usually in the form of a Letter of Intent (LOI) – the tenant will need to analyze the proposals against one another. This comparative analysis evaluates the financial (rent, expenses, TI allowances), the legal (term, options, use) and the operational terms of a specific deal it is preferable that a tenant be able to compare the green characteristics of the particular deals as well. A scorecard that includes each building's green attributes will allow for more informed decisions around a company’s green leasing decisions.
Click here to download an example of a Due Diligence Scorecard.
Comparative checklist – ensuring property fits the green lease criteria