Services

Tenant Advisory

Are you looking for new or expanded space for your business but not sure where to start?Element's role as tenant advisor provides you with market intelligence, cost strategy and communication facilitation amongst all parties. We turn your vision into reality so you can focus on your business growth.

855,653 SF
Transaction Volume Since 2022
238,000 SF
Largest Deal Size
37
Transactions Since 2022

Our Role

  • Help you decide the type of space and best location(s)
  • Identify spaces based on your criteria
  • Analyze lease vs purchase opportunities
  • Arrange property tours
  • Submit Request for Proposals (RFPs)
  • Negotiate terms in a Letter of Intent (LOI)
  • Assist your team in evaluating project costs
  • Work with attorney on lease negotiation
  • Feedback on space plan & construction cost
  • Connect you to other resources

Learn More
Our Role
Our Approach

Our Approach

In our experience, a typical tenant representation project requires an iterative five phase process.  We will explore and define your goals with a project kickoff meeting, and begin the site search and option refinement.  We will coordinate proposals, evaluate total project costs for each space and prepare recommendations.  Following your feedback, we will negotiate comprehensive letter of intent and eventually work with your legal team to negotiate the lease.  As the lease is being negotiated, we can also seamlessly provide additional project management services and lead the design/bid process, negotiate construction contracts, oversee the schedule, and manage the project budget during the build phase to ensure a smooth transition to your new space.

Learn More

Our Clients

We have worked with numerous nonprofit and small business clients with uses ranging from office, retail, and showroom to warehouse and industrial, and have deep expertise overseeing projects with collaborative teams of visionary leaders who use consensus-based decision making processes. Many of our clients are new to real estate development; we work to make sure that our clients have the information needed to make informed decisions, and center our clients’ stated values and goals in our recommendations.

Learn More
Our Clients
Shinebox
Shinebox
Shinebox
Featured Case Study

Shinebox

Element proudly supported this creative agency in securing their new home in the ever-evolving Warehouse District.
Read more...

Try Tenant Advisory with Element

The depth of our development experience means we can guide tenants through the entire process, from leasing through construction. We have helped dozens of business owners to find office, retail, restaurant, medical, and industrial space. We get to know you and your business so that we can create the most direct path to finding you the perfect space for your needs.

Contact Us
Shinebox

Shinebox

Element proudly supported this creative agency in securing their new home in the ever-evolving Warehouse District.

Read their story
Discover Strength

Discover Strength

Multi-year relationship providing tenant representation and real estate strategy for an expanding fitness concept

Read their story
Project for Pride in Living - LNAS Relocation

Project for Pride in Living - LNAS Relocation

Customized real estate solution to relocate and oversee the build out of an alternative school.

Read their story
Francis Burger Joint

Francis Burger Joint

Tenant Rep and site selection for a vegan burger joint seeking their first brick-and-mortar location

Read their story
SK Coffee

SK Coffee

Tenant rep for a unique and farmer-focused coffee shop and roastery

Read their story
Ingredient

Ingredient

Tenant representation and site selection for a Minneapolis marketing agency focused on food, culture, and sustainability

Read their story
Lifelong Wealth Advisors

Lifelong Wealth Advisors

Site selection, acquisition, development, and project management services for a new office building for a growing wealth management firm

Read their story
Zoe's Café

Zoe's Café

Tenant representation for a flagship bakery and cafe location securing the right space, owner, and team

Read their story
The Line Up

The Line Up

Tenant Representation for a woman-owned, Minnesota-based custom performance apparel company

Read their story
Bolster Creative

Bolster Creative

Tenant representation and real estate strategy for a creative branding agency searching for an emerging, walkable neighborhood for their long-term home

Read their story
Cimarron Winter

Cimarron Winter

Leasing and real estate strategy to efficiently meet budget and schedule guidelines for a creative Minneapolis office

Read their story
Copper Cow

Copper Cow

Leasing strategy for a successful Minnetonka restaurant repositioned from a vacant Dairy Queen

Read their story
Diversigen

Diversigen

Tenant representation for a microbiome analysis labratory refining space requirements and comparing lease economics during a company merger

Read their story
Fairview Health

Fairview Health

Real estate strategy including the relocation and project management buildout for administrative offices of the Riverside Hospital Campus

Read their story
Springboard for the Arts

Springboard for the Arts

Site selection for a visionary client who saw the possibilities of a vacant car dealership to elevate their headquarters into a vibrant community asset

Read their story
New France Wine

New France Wine

Tenant representation and project management for a wine distributing company meeting key requirements within a tight deadline

Read their story

Explore What Is Possible with Us.

Successful projects don’t happen unless you embrace the idea of possibility. For too long there has been a quiet acceptance of the bland and uninspiring in commercial real estate. We strive to be a different kind of real estate firm. Our goal is to create amazing spaces that make people’s lives better.