The drumbeat of the challenges facing almost every corner of the office building market should be loud and clear to owners and lenders. For some, the current situation is dire, while for others it will likely worsen in the...more
11/16/2023
/ Borrowers ,
Commercial Leases ,
Commercial Tenants ,
Fixed Operating Expenses ,
Investors ,
Land Owners ,
Lenders ,
Office Space ,
Property Owners ,
Real Estate Transactions ,
State and Local Government ,
Tenants
Summary -
Owners of office space have begun to unload their properties at heavily discounted prices—evidence that stakeholders believe the soft office-space market is here to stay. While local rules, zoning laws, and other...more
As a tenant's business changes, its needs and space requirements also change. If possible, a commercial tenant should anticipate the possibility of changing needs by negotiating certain beneficial options and rights into the...more
There are many different reasons a business may need a new office lease, including the upcoming expiration of its current lease, the desire to increase or decrease the size of its existing space, or the need to relocate or...more