Category Archives: lease renewal

The Role of an Attorney in a Lease Negotiation

Over the past decade, I’ve worked with numerous attorneys on various business and real estate transactions.  In some cases, I refer an attorney to my clients; in most cases, I work with a client’s attorney to supplement my work in … Continue reading

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The Tenant Exclusive

To better encapsulate the purpose of this blog, I have changed the name to The Tenant Exclusive. Like with prior articles, the monthly focus of this journal will be to enable facility users to save money, mitigate leasing risk and … Continue reading

Posted in attorney review, audit rights, benchmarking, free rent, landlord, lease negotiation, lease renewal, operating expenses, renegotiation, space measurement, tenant improvements, tenant representation | Leave a comment

Have a Good Relationship With Your Landlord?

Of course you do. Your landlord buys lunch for you and your office now and then. He gives you Redskins tickets (which should be arriving in the mail any day now). He tells you what a smart negotiator you are, … Continue reading

Posted in free rent, landlord, lease liability takeover, lease renewal, operating expenses, renegotiation, snda, sublease, tenant improvements | Leave a comment

Expansion Done Right

When some tenants need to expand, the first thing they do is call their landlord and ask for more space. That approach may seem easier, but here is why it will cost you money: No leverage. The landlord knows when … Continue reading

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You may want space, but you need a process

Have a pending lease decision? You have three choices: (i) go it alone, (ii) rely on some realtor or (iii) hire an experienced tenant representative. Why not go it alone? After all, you’re a successful businessperson and know the “market” … Continue reading

Posted in default, landlord, lease negotiation, lease renewal, process, renegotiation | Leave a comment

Why Do Landlords Let Spaces Remain Vacant?

“There’s so much vacant space out there. Why doesn’t the landlord just drop the rate and lease it?” That’s a question I get a lot from clients, particularly in this economy. As a tenant representative, part of my job is … Continue reading

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A process, not a commodity

Commercial real estate is a process–one that business owners need to understand in order to avoid undue risks and excessive costs. On September 15th, I presented to the Mason Enterprise Center at George Mason University’s Prince William campus on how … Continue reading

Posted in lease liability takeover, lease renewal, moving costs, process, renegotiation, sublease, tenant representation, timeline | Leave a comment

A Strategic Decision To Do Nothing

If you currently have a lease, chances are (unless your facility was very expensive to build), it expires within the next few years. So why are you even bothering to read this article if you have years left? Hopefully, it’s … Continue reading

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Case Studies: Relocation vs. Renegotiation

As I’ve written before, making facility decisions or not making facility decisions based on what you’re hearing in the news about the market is unwise. Some tenants are choosing the path of least resistance by “just renewing” their inadequate lease, … Continue reading

Posted in lease liability takeover, lease renewal, LEED, relocation, renegotiation, rental abatement | 1 Comment

You’re Not Shopping — You’re Dating

Did you hear the news? Real estate is down. This remarkably incomplete yet reoccurring media story is causing some tenants to believe that they can simply shop their facility requirement (whether it’s a relocation, expansion or consolidation) to area landlords … Continue reading

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