To be able to access all of our features, you need a browser that supports JavaScript, and it needs to be enabled.
Request a Customized Property Search

Get Started CALL US Bodegas en Renta

Commercial Lease Renewal Tips

Published September 23, 2010 by Eric Hughes #

Here are five quick tips to remember when renewing your office or industrial lease:

  • Get your broker to provide you a market analysis of comparable rates and then
    negotiate your renewal rate…intelligently
  • If you have a Gross Lease, request to move your Base Year/Expense Stop to
    current in order to avoid excessive pass thrus of expense overages
  • Try to get a cap on controllable Landlord expenses of say 5% to 10% per year max
  • Be sure you have a First Right of Refusal on any adjacent space to allow for
    expansion
  • If your space needs any updating to meet code or just cosmetic upgrades, now is the time to negotiate that into the renewal at the Landlord’s expense

Looking for Warehouse, Office or other space in Houston or elsewhere? Getting to be time to renew your lease?

Contact the WarehouseFinder.NET Broker Affiliate Network below.

Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.

Tags for this Article
(Click tag to see more articles for the tag)
Location Tags for this Article
  • All Locations
Property Type Tags for this Article

Want more infomation about something on this page? Need industrial, office or warehouse space? Fill out our form here to let our Broker Affiliate Network know about your needs including help assessing an existing lease. You may also call us at (800) 814 - 4214 to begin the discussion.

Please contact us at info@WarehouseFinder.net or use our Contact Us form if you have questions or concerns.

Need more details?

We are here to assist. Contact us by phone, email or via our social media channels.
Large Warehouse with Dock High Docks, Links to Site Help