By: Scott Pick, Managing Director, JLL
It’s not uncommon for landlords to raise the rent when it comes time to renew your commercial lease. But, you don’t have to just accept your fate and pay more money. Lease renewal time presents an opportunity for companies to assess their current position as a renter, revisit the commercial real estate market and use that information to negotiate a better lease agreement.
For many, negotiation can be tricky and slightly intimidating.
Position yourself as a well-informed tenant armed with market knowledge to secure a better deal and earn back a portion of your occupancy costs.
Here are six helpful tips to consider during your lease renewal:… Read More