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LEASE RENEGOTIATION
Stop Paying Too Much!

By Levi F. Smith, Esq.

August 31, 2010

In today’s market where 25% vacancies are common in both office and industrial buildings, tenants should be reviewing their existing leases for opportunities to save money.

For instance, if you’ve been in your lease for three years, you are probably paying the market rent rate from three years ago, which has since dropped considerably!  It is entirely possible to renegotiate your lease with a lower monthly amount.

Plus, if you have been paying your rent on time and abiding by the terms of your lease, you have created value for your landlord. Tenants like you are hard to find, yet you are still paying 20% more than any new tenant your landlord might get to fill your space if you left – and who knows if they’ll pay as regularly as you do.

If you are upset, you should be. Why not call us to discuss how we can lower your rent today. We have saved our clients over $17,000,000 in recent years from landlords’ initial offer. Let us help you, too.

 

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