Fighting for Control of Occupancy Costs: Rent Concessions May Benefit Both Tenant and Landlord

While not a new discipline within well-structured lease administration departments, the function of lease renewal negotiation has taken on a life of its own in today's economic climate for both tenant and landlord positions. One leading lease administration director said that he has extended the renewal negotiation calendar from its customary 18-month period to include stores with renewal dates four years out.


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