Renegotiation does not necessarily imply 'reneging'. Renegotiation can actually build stronger business relationships.
Tucson, AZ (PRWEB) March 4, 2009
According to Commercial Real Estate Group of Tucson's two-decade experience, now is a ripe time to re-negotiate numerous aspects of a commercial property lease. Especially in the Tucson, Arizona market over the next few months, businesses may benefit in large cost-savings by re-negotiating their lease, and find a win-win with their landlord.
For instance, many landlords know that holding on to a good tenant, even if needing to lower rents for a short-term period, offers the landlord long-term savings. Landlords prefer monthly payments over empty, income-draining property.
Using a qualified commercial property broker saves businesses time and money. Not only will your broker do much of the grunt work, your broker possesses a deeper market knowledge, and better market information. A qualified commercial property broker will put you in control of your lease renegotiation, and, since you are the one who will live with the lease, control is exactly what you need.
Commercial Real Estate Group of Tucson offers numerous ways tenant can re-think their lease on its website, http://www.commercial-real-estate-tucson.com. "We help current tenants with an accurate picture of current market conditions," said Coretz, "so they make smart, informed choices, especially in this current economic situation."
"There are good opportunities right now for tenants to negotiate new lease terms that help in lowering business overhead," said Michael S. Coretz, a broker with Commercial Real Estate Group of Tucson. According to Coretz, "Renegotiation does not necessarily imply 'reneging'. Renegotiation can actually build stronger business relationships."
Commercial Real Estate Group of Tucson represents corporate clients and buyers, assisting them in locating, negotiating and leasing or buying Industrial, warehouse, and office space in the Tucson metropolitan area. Its website, http://www.tucson-tenant-representation.com ], provides several reports on how to navigate any commercial real estate transaction. More information is available by phoning 520-299-3400.
With more than 22 years of experience in commercial real estate, Michael Coretz is a principal in ITRA/Commercial Real Estate Group of Tucson LLC a leading regional, national and international corporate real estate advisory firm exclusively serving the needs of corporate space users. For more information call 520-299-3400 or visit http://www.cretucson.com