Relocate vs Renegotiate:

If a building works well for your company and you prefer not to move, then our job is to help you optimize that decision and act on it. We are not in the 'moving' business, but an important component of lease extension negotiations is an understanding, well before sitting down with a current landlord, of all viable space alternatives. This information, which comprises a tenants primary leverage, should be gathered well prior to lease expiration. A user in excess of 25,000 RSF for example, should initiate the evaluation process at least two years prior to lease expiration. And if a build-to-suit or purchase is contemplated, even earlier.
We typically provide a forced ranking matrix to help decision makers prioritize needs and balance what might be gained or lost by relocation. For example: would the operational efficiencies gained by moving to a larger floor plate be offset by potentially higher rent? Or how would a move to a more remote location impact employee retention/hiring? Many such issues need to be discussed and evaluated.






