Renewals are generally more challenging for companies than the original lease negotiation. Landlords believe that a renewing tenant should pay a premium for the convenience of avoiding relocation. Lease transactions are the landlord’s core business; this provides them significant advantage in direct negotiations with their tenants.
We guide you through the tumultuous waters of an expiring lease with a logical and defined process that leads to renewals at market rents. We create a competitive marketplace for your tenancy by leveraging all potential market opportunities. Forcing your landlord to compete with others in order to retain your tenancy moderates the eventual renewal rate.
We level the playing field by:
- Reviewing the terms of the current lease to establish a baseline
- Understanding existing market conditions
- Understanding the dynamics affecting the landlords negotiating position