The framework of Bokman Rock is structured to provide an out-sourced real estate solution for companies who are growing locally or expanding in multiple markets. We specialize in retail and office leasing and consulting. Since 2002, Bokman Rock has consistently delivered exceptional service to its clients through a unique understanding of transactions from the perspective of both tenant and landlord.
"Bokman Rock Commercial Real Estate is the most powerful results-oriented real estate company I have ever worked with or hired. They have delivered significant savings and tenant advantaged leases and deal terms for all of our franchisees nationally. David's connections and ideas have been instrumental in our chain's growth surge. The properties and deal terms that Bokman Rock have delivered for all of our franchisees have been exceptional. The results have garnered positive feedback from our franchisees and our sales prove it! Thank you!"
- Jonathan Fornaci, President, Straw Hat Pizza Restaurants
Real Estate Site Selection
Bokman Rock has extensive knowledge of trade areas for both retail and office real estate site selection. The Bokman Rock Team have formed a strong broker and developer network to locate and secure site opportunities that will fit the tenant’s site specifications, either when they are seeking property in the Bay area or expanding nationally.
Lease Transactions Process
Bokman Rock brings a proactive leasing approach to our client's commercial properties, whether they are locating a single major site or seeking a consistent strategy for expansion. The BR Team counsels with our clients to determine the desired rental structure and other economic considerations for the new lease (e.g. rent, rental escalations, rental abatement period, landlord's delivered condition of premises, and tenant improvement allowance). Bokman Rock advocates for our clients to achieve affordable commercial real estate costs and acceptable occupancy risks while maximizing productivity. The company understands what motivates owners and have the deep experience to aggressively negotiate on our clients' behalf and oversee a beneficial execution.
Retail Market Strategy Development
Bokman Rock has a proven track record of identifying emerging retail trends, then tailoring the right expansion strategy for each client. Through our breadth of market knowledge, tenants rely on our ability to identify their target consumer, trade areas and priorities. We continue to work closely with our clients as we execute the defined rollout strategy with exceptional lease transaction negotiation.
Office Tenant Representation
Bokman Rock is committed to the design and execution of solutions that meet the specific needs of each of our clients, in both acquiring and disposing of space.
Bokman Rock promises to provide its office clients with the comprehensive data and impartial advice they need to make the right corporate real estate decisions to fit their employment base - in terms of both geographical site selection and the determination of property size and layout.
Bokman Rock has extensive prior experience helping companies reduce their fixed expenses by dramatically lowering their occupancy costs, thus directly improving their bottom line. Whether a client's business is consolidating, or in need of relocation, Bokman Rock's goal is to restructure existing leases to bring occupancy costs in line with current market rates and actual space requirements.
The BR team has an excellent success rate and has accomplished the following in its history
- Successfully renegotiated or terminated the leases for over 4.5 million square feet of buildings.
- Completed disposition of over $300 million in equipment and assets.
- Completed lease workouts with over 60 different landlords on buildings in almost every major metro market in the US.
Individual results vary, but our successful rent reduction efforts typically resulted in an average savings of 40%. Bokman Rock is available to do an evaluation of your real estate portfolio and will make a report of recommendation at no expense.
Bokman Rock works closely with each of its clients to formulate a merchandising plan, using its market analysis to create a plan that is designed to achieve the most optimal tenant mix for each property. We then execute the merchandising plan by creating a tenant acquisition strategy, with defined target retailers, that includes the following:
- Efficient exposure to target market and retail trade community
- Evaluation of prospective tenants
- Creation of brochures and other marketing material
- Negotiations and transaction completion
- Project and market reporting
- Graphic services for project
Bokman Rock offers a wide array of consulting services for clients that include retailers, developers, financial institutions, venture companies and municipalities. Our varied experience as both owner and user provides a unique perspective that allows us to see all sides of a problem to give our clients a competitive advantage. We have operated companies and understand the cost ramifications and operational consequences of decisions based on location, facility and deal structure. Our innovative advice helps our clients to develop and execute strategies that fit with their long-term business and financial objectives.
Our consulting services include:
- Target market definition
- Market analysis and strategy formulation
- Merchandising the tenant mix
- Project layout and design
- Project repositioning
- Project timelines and schedules
- Lease negotiations
- Lease analysis services
- City and redevelopment area consultation
Project and Construction Management
Bokman Rock provides a full array of project management and construction management services, including in-depth development and programmed planning of the space to comprehensive management of the construction process. Bokman Rock sources and leads design consultants during the development of project plans -- from architects to interior office designers to restaurant designers to server room consultants -- then tracks and expedites the permit and construction processes. The BR team also sources and regularly works with a wide range of vendors to bid on the projects we manage: tenant improvement contractors, office furniture companies, kitchen equipment vendors, and IT companies.
Our clients are assured that we will manage the construction progress from site acquisition to project completion. Through effective budgeting, competitive bidding and detailed project management, we have consistently delivered results that are on time and under budget to our clients.