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

A hybrid workforce has meant that office and retail space is in plentiful supply. 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.

8 minute read September 01, 2023 at 12:09 AM
By
Sandra D. Buchko
It's a Tenant's Market: How to Negotiate and Navigate the Leasing Process

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.

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