Office Leasing: The Smart Tenant’s Tip Sheet
Gaining competence in lease negotiations is something very few business executives will ever achieve, since they will probably never negotiate more than a small number leases throughout their business career. Choosing to negotiate alone is risky, given that an uninformed decision has the potential to be extremely costly. This is why executives often choose to hire advisors such as real estate attorneys and brokers, to aid them in the decision-making process when it's time to lease an office.Seeking out the advice of a professional is invaluable. However, as a tenant, you should also gain a solid understanding of the process so that you can be an active participant in the negotiating process. After all, not all attorneys are created equal and the last thing you want is to be at the merc...