TR – Theatre Representative .. Why CPS as your exclusive Theatre Rep
I am not a typical broker and my client (s) are not typical tenants, they are Kickoff / Anchor tenants and germinal to a project ‘these days’. I am a Specialty broker and have this niche as ‘dedicated’ theatre broker. I don’t, like most brokers, have a multitude of clients and don’t like most brokers, do many
“ Dave, it was nice meeting with you in NY at ICSC. As you are aware, we as
I did want to make you aware of this site as the future development parcels may be of interest for your client base.”
As you know we don’t Blast our Theatre Clients to developers. We have a variety of relationships from exclusive to ad hoc. We presume you have the Big 3 (
Theatre Representative (LL – List)
- We often work as the List broker for Theatre piece (only) for a project. I am happy to work in any capacity that works for ABC. As a TRB – tenant rep broker, I need to adhere to standard tenant policies and relationships, which means I would bring just one Client to the project (one date to the dance). And adhere to that Process (gauge their interest / engage with you / talk terms etc etc) and if they are not interested… then and only then, go on to the next Client, not a timely process. To expedite, we often serve on the LL / List side as the Theatre rep or in a quasi list broker capacity for the Theatre or eatertainment piece only. This frees us from the standard tenant obligations of a TRB and allows us to present ALL options to you without interruption, in an expedited fashion.
as you know from our theatre discussions, as Eatertainment broker I ‘have’ all the concepts be they Theatre or Bowl or FEC. Have
beingthe operative word – have clientin this capacity; as Go To, ad hoc, exclusive, consultant, preferred etc ,,,many variations but as the Client has interest inand blesses my representation I become their Exclusive rep for ‘that’ project. So as I have all project eatertainmentconcepts, if there as those you ‘have’ and want me to avoid I am happy to avoid them, just lmkwhom to avoid.
CREDIBILITY with our Theatre Clients
Per my sensitivity to the Interconnectedness (enclosure) of the CRE commercial real estate community and to negate any crossover or duplication………. I will always, first check, with either you / tenant or the Owner / LL to see if there is a prevailing relationship and if none, I will proceed with