Norman Describes Using Rofo to Lease Commercial Space
Local Oakland building owner Norman Eggen describes his success using Rofo to lease commercial space. After listings his spaces on Rofo, Norm began to receive quality tenant inquiries and was able to fill half his building with Rofo users. Norm specifically like that Rofo helps fill a niche for marketing smalls spaces. The problem that Norm has witnessed is that brokers sometimes avoid working on small deals, so Rofo is a great platform to get small commercial spaces leased.
Interview
I’m Norm Eggen, I’m the owner along with my wife of this building at 4721 Tidewater Ave. in Oakland. The reason I’m doing this for Rofo, they’ve been instrumental in helping me find fifty percent of the last tenants I’ve had for the park. They’ve been providing a good service to me to me at what I figure is relatively cost effective basis. And they have brought tow tenants who are right now in the process of finishing up their tenant improvements.
How does Rofo compare to other online resources
Well, one thing I probably should say, and could say for your benefit is the other servives I’ve gotten zero prospects out of it, and the prospects have come from [Rofo]. Brokers working in this area don’t like to work on smaller tenants like this, so Rofo fills a gap to help bring in tenants in the smaller end of the user spectrum.
Would you recommend Rofo?
Yeah, I can strongly say that I would recommend Rofo to other people that have similar types of space they want to lease, or perhaps sell and in fact I have recommended them to more than one other building owner already, so it’s a good service.