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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.

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