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Office Property Representation

 

Introduction to the Industry

Office real estate covers high-rise towers, suburban campuses, medical office, and coworking spaces. Despite changes in workplace trends, companies still need well-located, flexible office space to operate and attract talent. Tenant reps in office leasing are trusted advisors to CEOs, CFOs, and decision-makers.

The Role of a Tenant Representative

Office tenant reps guide businesses through complex leasing decisions.

  • Analyzing space requirements and workplace strategy

  • Negotiating rent, concessions, and build-outs

  • Ensuring clients avoid long-term lease risks

The Role of a Landlord Representative / Listing Agent

An office landlord representative represents owners of office buildings, towers, and business parks by attracting and retaining quality tenants.

Responsibilities include:

  • Marketing office space to corporate tenants, medical practices, and professionals

  • Advising owners on space planning, rent structures, and lease concessions

  • Negotiating multi-year lease terms that align with landlord investment goals

  • Building relationships with corporate decision-makers for renewals and expansions

This role is critical in maintaining building value and generating long-term revenue streams for landlords.

Commissions & Compensation

  • Typically 3–6% of lease value, sometimes split between tenant and landlord reps.

  • Example: A 7-year office lease at $20,000/month = $1.68M total rent. A 4% commission = $67,200.

  • Large corporate relocations can generate six-figure commissions from a single transaction.

Licensing & Training

  • State real estate license required.

  • CRE-Library’s Office Tenant Rep Training prepares agents for corporate negotiations, space planning, and landlord counter-strategies.

  • Designed to position graduates for placement with reputable office brokerage firms.

Step into the corporate world of office leasing. Train with CRE-Library and get recruited today.

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