Don’t Renew.
Renegotiate!
The Problem
Renewal options only change the expiration date and the rental rate.
What if you want other things?
The Solution
Always get a renewal option in your lease – this reserves your space
Never exercise that renewal option – renegotiate instead
You can renegotiate everything now:
Lease term
Improvements
Operating expense limitations
Options to renew, expand, or terminate early
Free rent
Guaranty removal
Make the landlord compete for your business
Start early so you have plenty of time to evaluate the options
Hire a corporate real estate advisor (tenant rep)
Confessions of a
Recovering Landlord
12 Insider Secrets To Save Money On Your Commercial Lease
Join our newsletter
Thanks for your interest. Please fill out the form below.