Office tenants approaching lease expiration face a fundamentally different market than they…
Tag: lease renewal
Blend & Extend: Strategy for Tenants to Capitalize on Today’s Weak Office Market
Seize the moment!—today’s weak office market presents a prime opportunity for tenants…
Tenant’s Lease Renewal Strategies
Lease renewals are one of the most profitable leasing transactions for landlords. As most tenants look to renew their lease to avoid the disruption associated with a relocation and as landlords perceive existing tenants as a “captive audience”, I’ve outlined below 10 steps for tenants to employ so as not to leave money on the table based upon my 20+ years representing office tenants in Chicago and throughout the country.