While the going is good … How to negotiate a real estate lease

Description

Abstract: With more leasable office spaces than creditworthy tenants to take them, many landlords are offering lower rates and other incentives. A not-for-profit organization with good credit has a real chance of finding a more suitable — perhaps even larger — space with attractive lease terms. Conversely, if a nonprofit is currently in a space it loves, it’s probably a good time to try to negotiate better lease terms. This article looks at not only the costs that should be planned for, but many other considerations as well.