Commercial Lease Renewal Advisory

TAILORED Real Estate SOLUTIONS FOR ATLANTA BUSINESSES

Your landlord has professional representation, either in-house or through a third-party that studies the market and is accustom to negotiating within the market. You deserve a level playing field on your lease renewal.

The only way to get the best deal on your lease renewal is to follow the space process as if you’re leasing space for the first time. Bringing your space requirement to market allows for landlords to compete for your business.

Are you a business approaching your commercial lease renewal period and unsure of what to do? If you signed your lease prior to 2020, chances are, things have changed dramatically. We work with businesses here in Atlanta facing lease renewal. Our process is outlined below and we hope it serves as a guide to you in your decision making process. If you’d like to hire an expert to handle this process for you, please give us a call.

Understanding your space needs.

Pretty much every business we speak to has changed their space requirements over the last five years. Some businesses have expanded greatly and need more space, others have adopted a hybrid work environment and don’t need all the space they currently occupy. We want to understand above all else what exactly is best for your business.

Understanding your lease rate compared to the market.

Your landlord likely has a lease rate they want you to pay, but where does that compare to the market for similar type office or warehouse space? We will provide a market study to show you where new leases are being signed and the concessions that accompany them.

Understanding your options.

We work to understand exactly what your business needs and create options that will fulfill those needs. Have you thought about having a main office and a satellite office? Have you thought about consolidating multiple locations around Atlanta into one office? Or do you just need a really cool building that your employees love commuting to?

Understanding the cost

Moving isn’t free. We get it. We want to understand the costs associated with staying and renewing, staying and expanding or moving elsewhere.

Our Fee for Commercial Lease Renewals

In almost every circumstance we are compensated by the Landlord. In the event we are not, we will work with you to factor our cost into all financial analysis – so everything is on the table.