Gain power in renegotiating your commercial lease by knowing where landlords stand, shopping around and walking away.
These are the best times to renegotiate a lease on your commercial real estate space. Landlords will make any reasonable accommodation to keep you where you are.
But they won’t tell you that.
Instead, you may hear them ask for a modest increase in your rent to cover inflation or other costs as standard policies.
But Roundtable Survey shows concern for refinancing challenges and impending wave of defaults.
Senior real estate executives say they’re feeling optimistic that commercial real estate is beginning to stabilize.
The big question is will the other shoe drop with a stomp?
The Real Estate Roundtable’s Q2 Sentiment Survey indicates that the market nationwide may have finally hit bottom and that valuations may be on a slow crawl back up.
Don’t let a soft Tucson commercial real estate market fool you. You can save if you start looking at new or renewed leases early.
With all the vacant commercial real estate space in Tucson right now, you might think you can snap up a good spot for your business in no time.
Tucson’s Soft Commercial Real Estate Market offers Tenants several options to save on occupancy costs.
Still reeling from the tech downturn and subsequent economic recession, Tucson’s corporate real estate market continues to experience declining rental rates and increasing vacancy. Like markets all across the country, Tucson is experiencing high vacancy rates of more than 10 percent in retail, office, and industrial spaces. Building owners are pressured to strike deals because of competition for tenants and their own mortgage refinancing issues. Clearly, these market conditions have opened up numerous options for credit worthy corporate space users to negotiate rates and terms that deliver significant saving off overall occupancy costs.
International Tenant Representative Alliance