Renewing your lease may be the most sensible and desired solution for your company. If so, it is advantageous for you to have representation during this process, as landlords typically employ a building agent to negotiate on their behalf. Hiring representation for your lease renewal sends the message to your landlord that you are performing your due diligence, exploring all possible options and familiarizing yourself with current market conditions.
Achieve Competitive Renewal Terms
A key component to competitive renewal terms is to engage the process early so that you are not viewed as a “captured tenant” by the landlord. The process is as follows: