“Donut” Forget Your Lease Expiration
As a public service to office tenants in my market, I deliver free donuts to office users on the anniversary of the tenant’s lease expiration date. I jokingly call this […]
Category Archives: Office Lease Renewal Tips
What is a “Blend and Extend”?
Using the “blend and extend” strategy, tenants trade an early renewal and extended lease length for more favorable lease terms (e.g., lower rent rate, additional capital improvements, fewer rentable square […]
Common Mistakes Made by Tenants When Leasing Office Space
Leasing office space is a complex process, involving a significant financial commitment. Tenants should retain a trusted real estate adviser when securing their office to ensure that they avoid some […]
Negotiating the Renewal Option
Tenants should always negotiate a renewal option into their commercial lease. The option to renew is a benefit to the tenant, allowing the tenant to extend the lease beyond the […]
