Dealing with your expiring office, retail, warehouse or flex space lease can be a stressful and aggravating process, especially if you wait until the last 2 -3 months of the lease term to address the issue. Ideally, a tenant should begin to evaluate their situation about 12 months prior to the lease termination date; for […]
There Are Great CRE Deals, But No Free Lunches
As was discussed in the last edition of Edell’s Premises, the deals are great for office tenants looking to renew or relocate, but tenants need to make sure that your financial house is in order. Landlords have learned from previous experiences that attracting tenants with aggressive concession packages and affordable occupancy costs does not ensure […]
Tenants Are Missing The Party
Where are all the office tenants? They are missing the party and who wants to miss a party? At the present time the Montgomery County office space market is experiencing one of the best tenant environments in the last 20 years. With a county wide vacancy rate of 14% for office space and an anemic […]
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