Once you’ve negotiated terms, successfully managing your lease becomes an ongoing responsibility. Understanding Your Ongoing Financial Obligations: Maintaining Compliance With Lease Requirements: Planning for Lease Renewals or Exits: Documentation and…
Understanding the landlord’s perspective helps you navigate negotiations more effectively. Commercial landlords typically have several predictable positions and tactics: The Initial Lease Will Be Landlord-Friendly. The first draft will almost…
Before diving into a formal 30-60 page lease agreement, commercial real estate professionals typically start with a Letter of Intent (LOI) or Proposal to Lease. This intermediate step serves several…
Before you even begin touring potential spaces, having a well-prepared pitch deck or presentation about your business can dramatically improve your leverage with landlords and brokers, especially if you’re a…
Commercial leases come in several structures that distribute costs differently between landlord and tenant. Understanding which type you’re dealing with is crucial, as it dramatically affects your total occupancy costs.