“Apples to Apples”

As we continue to trudge through the heat of the summer, and the top ten mistakes in Lease Negotiation, let’s look ahead to the cooler fall temperatures, trees showing off their autumn colors and apples, specifically, “apples to apples” comparisons.

Entrepreneurs and business owners have a lot on their plate between managing finances, staffing, production and operations, the list goes on. While juggling these day-to-day activities, one task often gets deprioritized – the renewal of the office lease. By the time the lease makes its way up to the top of the to-do list, it is often so close to the expiration date the business owner (Tenant) signs whatever renewal offer is proposed by the Landlord. Making matters worse, they find themselves in the same boat every three to ten years: the lease is up, and someone must deal with it.