Lease negotiations – Is it time for a new home base?

Description

Abstract: With the economy still on the mend — and the commercial real estate market far from top form — it might be a good time for a nonprofit to look for a new building space to lease. Or it might want to renegotiate its current lease with a landlord who doesn’t want to risk the financial impact of a vacant space. This article discusses some of the costs of leasing a new space, and offers six important points to weigh before signing a lease.