Insight
7 COMMON MISTAKES MADE BY TENANTS
- Paying more rent today than you did when you signed your lease?
- Using landlord’s broker to negotiate your lease, this represents a real conflict of interest for your business.
- Signing a short term lease in this market, when rental rates are at a historically low level?
- Not eliminating or capping building operating expenses?
- Not taking advantage of tenant improvements that can be coupled with a lease or renewal at no additional cost?
- Not negotiating a fixed rent option to renew that will benefit your business in the future?
- Not negotiating a fixed rental rate for the term of the lease?