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Press Release Category Business - Real Estate - ITRA Release Date: February 06, 2008

ExclusiveTenantRep.Com Assists Vandeventer Black, LLP with 40,000 sq. ft, Office Lease in Norfolk

By ITRA
February 06, 2008
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Vandeventer Black, LLP was successfully assisted by ExclusiveTenantRep.com with closing a lease transaction for 40,000 sq. ft. of office space in Norfolk's World Trade Center.

PR9.NET February 06, 2008 - Norfolk, Virginia - ExclusiveTenantRep.Com announced that it has successfully assisted Vandeventer Black, LLP (www.vanblk.com) with closing a lease transaction for 40,000 sq. ft. of office space in Norfolk's World Trade Center. Vandeventer Black, LLP, a venerable maritime law firm which was established over 124 years ago, retained Timothy J. McEvoy, SIOR, of ExclusiveTenantRep.Com to evaluate and analyze market opportunities.

The entire transaction took 18 months to complete. ExclusiveTenantRep.com successfully advocated for a twelve year lease at below market terms and for above market tenant improvement contributions from the landlord. Originally, Vandeventer Black had considered several options, including building to suit, and ExclusiveTenantRep.com conducted a thorough investigation of several sites that could be constructed to accommodate immediate and future growth models. Based on the results, it was ultimately decided that leasing an already existent space was the best alternative.

Located in Virginia Beach, Virginia, ExclusiveTenantRep.com is the only locally owned and operated Commercial Real Estate Brokerage and Advisory Firm that exclusively represents business and institutional tenants and buyers. The firm was founded by Timothy J. McEvoy, SIOR, an experienced Commercial Real Estate Broker with over 20 years experience in the field. Because ExclusiveTenantRep.com solely advocates for tenants and buyers, the potential conflicts of interest that can occur are eliminated and the firm can evaluate and negotiate those properties best suited to its corporate clients' needs.

ExclusiveTenantRep.com is an affiliate of the International Tenant Representative Alliance (ITRA), which, with representation in over 68 cities, is the leader in exclusively representing corporate buyers and tenants worldwide. Its affiliates advocate for clients to find the optimal property and then assist them in negotiating the best possible lease terms. Throughout the process, this global organization provides knowledgeable and objective advice from local office leasing professionals. ITRA firms do not work for landlords or real estate management companies, eliminating the potential conflict that exists with traditional brokers.

For more information about ExclusiveTenantRep.Com, contact Timothy J. McEvoy, SIOR, at Tel. 1.757.747.7440/ FAX 1.757.313.6634 or visit www.exclusivetenantrep.com.


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ExclusiveTenantRep.Com Assists Vandeventer Black, LLP with 40,000 sq. ft, Office Lease in Norfolk


Contact Information of ITRA Contact Information of ITRA
Phone 888.925.4872
Website http://www.itraglobal.com
E-Mail E-mail Address Protected
Address 401 Devon Avenue,
Park Ridge, IL 60068


About ITRA

ITRA™ will work as your advocate to find the most suitable commercial office space for you, then assist you in negotiating the best possible lease for your business. We are a global organization providing representation for businesses that lease office space worldwide. ITRA™ works for companies like yours -- businesses that need knowledgeable advice from office leasing professionals with expertise in the local commercial office market areas. As an international tenant representative alliance ITRA™ does not work for landlords or real estate management companies so it is not conflicted.

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