When you look at lease comps for a particular building, one consistent pattern invariably exists – renewing tenants don’t achieve the same deal that new tenants receive. Tenants often believe that because they are good, rent-paying tenants, their landlord surely wants to keep them on favorable terms.
Many tenants don’t realize that landlords view renewing tenants as captive, and already have factored a high renewal probability on favor
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.