Understanding what a “tenant rep,” broker does for a tenant and how they get paid, will help you determine if you should engage one in your search for commercial space.
Margarita B. Foster, LEED, AP is senior editor for educational content at LoopNet. Her articles have been published by LoopNet, CoStar News, the Washington Business Journal, ULI’s Urban Land magazine and NAIOP’s Development magazine, where she served as editor-in-chief for seven years. She holds a master’s degree in urban and environmental planning from the University of Virginia and a Bachelor of Science in finance from the University of Delaware. She has served in research, analyst and communications roles at brokerage firms Cassidy & Pinkard and Grubb & Ellis (now Cushman & Wakefield and Newmark, respectively) and at nonprofit organizations ULI and NAIOP. Her articles focus on leasing, sales, operations, and design as well as environmental, economic, and capital market forces affecting all CRE property types. She can be reached at mfoster@costar.com