Time and Time again, I hear we'll get the next one from Landlords. Well not if they don't understand the factors they face at the time the opportunity is before them. Advising them is tough if they don't want to listen and feel they have the deal before them all wrapped up, because they think the Prospect/Tenant has no alternative. To the Landlord, we state clearly from the start, don't think there is never an alternative, there always is.
New tenants are constantly being offered generous TI [tenant
improvements], free rent and aggressive low lease rates, especially in suburban Class
B office complexes. Even healthy, renewing tenants are
looking for better rates and terms.
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