Does The 949 Group represent landlords?
No. We represent tenants and buyers only. We do not accept landlord leasing or listing assignments, so there is never a conflict between your interests and a building owner we also work for.
Frequently Asked Questions
How we work
The questions we hear most from operators evaluating a tenant representative, answered plainly. If yours is not here, call 310-963-1414 or email rep@949group.com.
What kind of real estate do you work on?
Industrial only: distribution centers, warehouses, fulfillment centers, manufacturing plants, cold storage, and the flex and service buildings around them. We do not do office, retail or residential.
Which markets do you cover?
We represent tenants nationwide and publish market pages for the corridors where we are most active, including the Inland Empire, Los Angeles, Orange County, Las Vegas, Phoenix, Reno, Salt Lake City, Denver, Dallas-Fort Worth, Houston, Atlanta, Nashville, Savannah and Charleston, Central Florida, Chicago, Columbus and Indianapolis. Offices are in Las Vegas and Irvine, California.
How do you get paid?
In most US lease transactions the landlord pays the brokerage commission at lease signing, and the tenant's representative is paid out of that commission. In the typical case you do not pay us a fee. On purchases the fee is usually paid from the seller's side. Where an engagement is structured differently, we put it in writing before any work starts.
Who actually does the work on my requirement?
A principal. John Carpenter has more than 25 years in industrial real estate, including time at CBRE in Silicon Valley and Colliers in Southern California, and has held ownership interests in nearly one million square feet of industrial property. The person you meet at the start runs the negotiation at the end.
How fast can you deliver a shortlist?
A curated property shortlist within 48 hours of receiving your requirements, and a full market analysis within a week. We send the buildings that fit, not every listing in the market.
Can you help with a lease renewal rather than a relocation?
Yes. Renewals are where tenants most often leave money on the table, because the landlord knows the cost of moving and prices against it. We benchmark your existing lease against the current market, build a credible relocation alternative, and negotiate the renewal from there.
Do you represent buyers as well as tenants?
Yes. We represent companies buying industrial buildings for their own operations, and investors acquiring industrial property, on the buy side only.
Where do the market statistics on this site come from?
From named quarterly reports published by CBRE, Colliers and Cushman & Wakefield, read directly from each firm's report and cited on every market page with the firm and quarter. Where the firms disagree we show each figure rather than averaging them. Ground-reach percentages come from our own county-level population model, which is described on each page.
How do I start?
Use the contact form with your size, target markets and timing, email rep@949group.com, or call 310-963-1414.