It takes time to move space and as a tenant, time can be your biggest asset or your biggest liability... so make sure you have enough of it!
We are pleased to present the first installment of G.E. Grace's commercial real estate video series!
For tenants, renewing your current space or relocating within your building is often a better solution than moving. By remaining, you don't change commuting patterns, eating haunts or local neighborhood services, etc. Unfortunately, landlords have a name for tenants who negotiate their own renewal: "captured" tenants. This implies that they are virtually guaranteed to pay more for their space than a new tenant moving in.
Landlords know exactly what it would cost for a tenant to move and the natural resistance for tenants to make such a move. With these assumptions firmly implanted in their heads, landlords will extract the highest rent possible from you. Our job, at G.E. Grace, is to dislodge those notions.
Nothing drives tenants crazier than air-conditioning issues.
When corporations are looking for office space, they typically start by casting a large net. This involves taking the interests of all key players into consideration before narrowing down the choices.
When a company comes to us looking for the perfect space from which to operate and grow their business, we have 5 major factors that we take into account. These 5 key considerations can either greatly enhance or detract from the properties that we evaluate.