Negotiating a Commercial Lease: Dos and Don'ts
Posted by Mary Ann Castro on
Negotiating that first commercial lease agreement is one of the most important steps in starting your new commercial enterprise. When it comes time to renew a commercial lease, your negotiating power will depend on how well you negotiated their first lease.
That being said signing the perfect lease takes time, and the right attitude. Here are some key things to consider when negotiating for your perfect space.
Do: Hire a Professional (Not the Listing Agent)
While this may seem obvious, hiring a commercial real estate broker has its benefits. They know the market, and can help you find the right property for your business. Hiring a professional also gives you greater leverage during negotiations. Never have the listing agent or property…
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