As part of Omni’s evaluation of client obligations, we conduct in-depth qualitative and quantitative analyses of all issues and expenses that have an impact on a tenant’s occupancy. Since some clients have specific or unusual needs, Omni has frequently been asked to evaluate unique possibilities, both before lease signing and during the lease term as a clients’ business or needs change. Some of these issues include changes in physical requirements (such as unexpected growth or downsizing), technical innovations and security.
On the quantitative side, Omni develops financial analyses at all stages of the lease term, to adjust for both proposed and actual modifications. Normally, these are presented in spread-sheet format, both detailed and in ‘executive friendly’ format. These break down costs on a line-item-by-line basis, per year, per square foot. All expenses, from rent and escalations through occupancy tax, are included. Specific needs, such as pre- and post-tax, can also be calculated.
