Why Tenant Consulting LLC
You should constantly be aware of the annual estimate of the costs the landlord would face upon your relocation: marketing time, lease negotiation downtime, rental abatement, a competitive build-out allowance, and construction costs for the new tenant. In the event your organization is content with your space’s configuration, design, efficiency, carbon footprint and message your space conveys to your customers, renegotiation in place can be a favorable option. The goal is to capture the annual concessions that the landlord would have provided to a new tenant in the event of vacancy.