What Common Mistake Do Tenants Make When Negotiating Office Space?

Question

Akash Maurya · Accepted Answer

One of the most common missteps tenants make is failing to create viable backup options beyond their primary choice. This measure may involve securing new space or renewing an existing lease. We often hear clients say, “I don't plan to move, so I’ll just renew my lease.” Even if you don’t explicitly share this with your landlord, your actions can reveal your intentions. Once the landlord picks up on this, tenants lose their ability to negotiate effectively. Even if staying put seems like the obvious choice, developing realistic alternatives is crucial. Without doing so, tenants risk overpaying because they’ve sacrificed all leverage in renewal negotiations.

What Common Mistake Do Tenants Make When Negotiating Office Space?

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