Why Tenants Should Insist On THEIR OWN Broker To Negotiating Directly With Their Landlord!
Having someone in your corner as a tenant, without bias or a landlord’s own interest, is essential to making informed real estate lease decisions that can reduce your costs, economic liability, exposure and get your space “right-sized” now and going forward.
You must know that every standard lease is written in favor of the landlord!
But, did you know that a lease renewal should NOT just be an extension of your current lease and should be re-written on your behalf?
Don’t leave money on the table for lack of pressing the current market concessions when it’s time to renew. In these changing times it’s tenants that have the advantage.
Tenants can be entitled to rent roll-backs, rent abatement, lease buyouts, early termination or sublease rights and other lease concessions. There has never been a better time to bring in a negotiator who can bring the market to bear in favor of the tenant.
The time to review your lease is early and often. Jameson makes the best-in-class analysis with all-in costs in every scenerio.
Most importantly, don’t negotiate directly! Remember the property owner pays the tenant’s broker for our service to you, even though we work for you exclusively and as your agent. That’s just the way it works, so bring all the advantages to your side of the table for FREE.
The ChicagoOfficeBrokers.com, powered by Jameson Commercial Real Estate, should be your tenant’s agent to execute the strategy to get you the best rate and terms. Jameson Commercial Real Estate combines over 25 years of experience, knowledge of the Chicagoland commercial real estate market. We have the reputation for persistently negotiating the best possible lease terms on behalf of office and industrial clients
Jordan Schnoll, CCIM is Vice President of Jameson Commercial real estate covering the commercial real estate needs of clients in Chicagoland. Bruce Fogelson is an associate broker as part of the tenant-rep team approach.
