Real Estate & Construction Legal Services

Comprehensive Support for All Leasing Needs

Strategic lease negotiations maximizing value for landlords and tenants. We balance competing interests to create win-win agreements supporting long-term relationships. Recent office lease negotiations saved tenant 22% over initial terms while securing landlord 10-year commitment. Our bilingual lease documents ensure clarity for international parties. Standard negotiations include rent escalations, improvement allowances, and exit strategies.

Term & Rent Negotiation
Tenant Improvement Allowances
Operating Expense Caps
Renewal & Expansion Rights

Specialized retail lease structures driving commercial success. Percentage rent, co-tenancy requirements, and exclusive use provisions protect retailer interests. We negotiate favorable CAM charges, marketing fund contributions, and hours of operation. Recent shopping center leases achieved optimal tenant mix increasing property NOI by 15%. International brands receive guidance on Colombian retail practices and market norms.

Percentage Rent Structures
Exclusive Use Rights
Co-Tenancy Provisions
Marketing & CAM Terms

Modern office leases accommodating flexible workspace needs. We structure agreements supporting hybrid work models, expansion rights, and Technology requirements. Grade A office buildings in Bogotá command premium rents requiring careful negotiation. Recent transactions included contraction options reflecting post-pandemic workspace strategies. Sustainability provisions and LEED compliance increasingly important in Class A properties.

Flexible Space Options
Technology Infrastructure
Parking & Amenities
Sustainability Standards

Industrial and logistics leases supporting supply chain operations. We negotiate specifications for loading docks, clear heights, power requirements, and truck access. Free trade zone locations offer tax advantages requiring specialized lease terms. Recent warehouse leases included automated storage provisions and cold chain capabilities. E-commerce growth drives demand for last-mile distribution facilities with unique requirements.

Warehouse Specifications
Logistics Requirements
Free Zone Benefits
Equipment Installation

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Prime Commercial Locations

Colombia's Top Business Districts

Bogotá's Zona Rosa, Centro Internacional, and Santa Bárbara offer premium commercial spaces attracting multinational tenants. Class A office rents range from $18-25/m² with 5-8% annual escalations. Medellín's El Poblado commands similar rates with better parking ratios. Strategic location selection drives business success - we identify optimal sites balancing cost, accessibility, and prestige. Recent Market Analysis shows 15% rent growth in prime corridors.

Lease Structuring Innovation

Creative Solutions for Complex Needs

Modern lease structures go beyond traditional terms to address evolving business needs. Build-to-suit arrangements enable customized facilities without capital investment. Sale-leaseback transactions unlock capital while maintaining operations. Master lease agreements simplify multi-location strategies. Green leases incorporate sustainability targets with incentives for achieving environmental goals. We craft innovative structures aligning landlord and tenant interests for mutual success.

Tenant Representation Excellence

Your Advocate in Lease Negotiations

Exclusive tenant representation ensures your interests come first. We analyze space requirements, evaluate options, and negotiate optimal terms without conflicts of interest. Market knowledge enables benchmarking against comparable transactions. Recent tenant representations achieved 20-30% savings through strategic negotiations. From site selection through lease execution, we protect tenant interests while maintaining positive landlord relationships essential for long-term success.

Commercial Leasing FAQ

Common Questions About Leasing in Colombia

Colombian commercial leases typically run 3-10 years with 5 years most common. Rents quoted in pesos but often indexed to inflation (IPC) or dollar exchange rates. Security deposits equal 2-3 months rent. Annual increases follow IPC plus 1-3 points. Most leases are triple net with tenants paying utilities, maintenance, and taxes. Renewal options standard but must be exercised 3-6 months before expiration. Early termination penalties common unless negotiated otherwise.

Colombian leases tend to be shorter with stronger tenant protections. Automatic renewal provisions favor tenants unless landlord provides proper notice. Eviction processes take longer requiring judicial proceedings. Rent increases limited by law to IPC plus reasonable margin. Personal guarantees more common than in US. Improvement ownership rules differ - tenant improvements typically become landlord property. Currency indexation helps international tenants manage exchange rate risk.

Triple net leases include: administration fees (15-20% of rent), utilities (separately metered), property taxes (1-2% of cadastral value), insurance premiums, common area maintenance (CAM), security services, and parking (often charged separately). Retail tenants pay percentage rent above breakpoint sales. Marketing fund contributions (1-2% of sales) common in shopping centers. Total occupancy costs typically add 25-35% above base rent.

Yes, foreign companies freely lease commercial space in Colombia. No restrictions on foreign tenants. Simplified branch registration allows leasing before formal company establishment. Landlords may require: Home country bank references, parent company guarantee, larger security deposits, or local co-signers. Having local legal representation strengthens negotiating position. We help foreign tenants navigate requirements while securing favorable terms comparable to local companies.

Colombian law provides tenant-friendly renewal rights. Commercial tenants maintaining compliance can renew unless landlord needs property for own use. Landlord must provide 3-month notice of non-renewal. Without proper notice, lease automatically renews for same term. Rent adjustments at renewal limited to market rates. Tenants have first right to match competing offers. Strategic renewal negotiations often begin 12 months before expiration to maximize options.

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