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It's a Tenant's Market: How to Negotiate and Navigate the Leasing Process

By Sandra D. Buchko
September 01, 2023

Office and retail space is in plentiful supply, as a hybrid workforce has led to smaller average office footprints and many retailers closed locations during the COVID-19 pandemic. These high vacancy rates have caused landlord defaults to be on the rise, making it a tenant-friendly environment for leasing space and obtaining tenant-favorable lease terms.

Here is a step-by-step tutorial on how to negotiate the best lease terms and navigate the leasing process while saving money on rent, tenant buildout and operating expenses.

It all starts with hiring the right experts. From the beginning of your site selection process through the negotiation, planning and construction, having the best experts with the right expertise can make a significant difference in the entire experience and outcome.

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