000 01652cam a2200277 4500
001 ABS68143
008 040825n2004 000 0 eng u
035 _a(Sirsi) u127160
100 _aDow, J.
245 _aRestructuring and renewing existing leases in today's commercial office market: guidelines for tenants to evaluate options and negotiate terms
260 _c2004
490 _aJournal of Corporate Real Estate
_v6(3) 2004, 237-242(6)
520 _aOver the past six months, much of the commercial real estate activity across markets has been comprised of lease renewals, many with restructured terms to capitalise on the tenant's favourable position in the marketplace. With mounting optimism of an economic recovery on the horizon, this trend is increasing as scores of corporate space users are renewing existing leases to take advantage of rates before the pendulum swings back in the landlord's favour. Although a renewal and restructure could potentially deliver significant occupancy cost savings, only those carefully considered and effectively negotiated offer tenants the most significant long-term benefits. This paper provides guidelines for corporate tenants to determine whether a lease restructure is feasible and offers strategies for negotiating the best possible terms. [Taken from journal abstract].
590 _aABS
590 _aABS
650 _aLEASES
650 _aRESTRUCTURING
650 _aLEASE RENEWAL
650 _aREAL ESTATE
650 _aSTRATEGY
650 _aCOMMERCIAL TENANTS
650 _aNEGOTIATION
690 _aLANDLORD AND TENANT-LEASES
700 _aPorter, G.
942 _n0
999 _c117897
_d117897