Choyce Peterson Touts Web Site Tools for Today's Westchester and Fairfield County Commercial Real Estate Markets

STAMFORD, CT, December 24, 2010 (Press-News.org) Choyce Peterson Inc (www.choycepeterson.com), a commercial real estate brokerage and consulting firm, today announced the electronic commercial real estate tools on its company web site, after more than a year of use, have become essential to companies considering renewals and relocations, especially in today's variable commercial real estate market.

In addition, since many area companies are planning their budgets now for leases expiring in 2011 and 2012, Choyce Peterson is recommending these complimentary tools to help users determine their company's space requirements and show how to negotiate better terms for office relocations or renewals.

John Hannigan, Principal of Choyce Peterson, said, "When companies are budgeting for calendar years 2011 and 2012, office space represents a line item critical in shaping their long-term costs. Our free electronic tools, with no log-ins or passwords required, are unique in the industry due to their interactive nature and the scope of advice they provide."

Tools include a market statistics option to let users request free research on local opportunities; an office space calculator helps companies evaluate their space needs by automatically computing the square footage total based on an input of how many offices, workstations and conference rooms are required; lease negotiating tips provide invaluable advice when you've located a suitable office; a lease report card analyzes individual lease clauses; and an employee map helps companies retain and attract staff by comparing and averaging commuting times for each employee and the entire company for each location considered.

The popular office space cost estimator also lets you input a preferred square footage, rental rate and lease term and then displays a chart of nine different lease cost obligation results. The company's one-page lease summary provides an abstract of up to 30 key components for 40-to-75 page commercial leases.

Alan Peterson, Principal of Choyce Peterson, added, "Choyce Peterson's electronic tools can help you gauge your space usage efficiency and provide financial information before entering the marketplace. Even in a tenants' market, essential leverage in lease negotiations can be obtained through a well-informed negotiating team."

For more information, please call 203-356-9600; email info@choycepeterson.com; or write to Choyce Peterson, 2001 West Main Street, Stamford, CT 06902.

About Choyce Peterson

Choyce Peterson, Inc., a commercial real estate brokerage and consulting firm, was founded in 1997 and includes offices in Stamford, CT and Rye Brook, NY. The company has negotiated millions of square feet of transactions, spanning 43 states and Canada, primarily for clients based in Fairfield and Westchester County. The Choyce Peterson process delivers creative and comprehensive real estate solutions to help clients derive maximum value from their real estate decisions.

Principals John Hannigan and Alan Peterson offer more than 50 combined years of real estate experience. Prior to joining Choyce Peterson, Mr. Hannigan worked for the former Rostenberg-Doern Company and specializes in the Fairfield/Westchester County region. He has won numerous real estate awards during his 20-year career. He holds a degree in marketing from Fairfield University.

Alan Peterson previously served as a Principal of the former Rostenberg-Doern Company and Director of Commercial Real Estate for Champion International. He has worked with major corporations including Pepsi Beverages Company, GTE, Mercedes-Benz Credit Corporation, James River Corporation and Cendant Corporation. Mr. Peterson holds an undergraduate degree in accounting and a graduate degree in finance.