Tripp Commercial

Follow TRIPP Commercial on:

What is/are your Goals?
  - Extend the term of existing lease?
  - Obtain a new tenant improvement allowance?
  - Free rent?
  - Eliminate market rental rate risk in the future?
  - Reduce current rent rate?
  - Improve earnings per share (if a public company)?
  - What is the motivation behind your goal(s)?
  - What is your flexibility with regards to your stated goals?
  - Are you prepared to move?
- Are you prepared to issue an RFP to the market to demonstrate to the
  Landlord that you are willing to relocate?
- Do you understand what the current market conditions are within your
  particular submarket and how such conditions will impact negotiations
  with the Landlord?
 - Do you understand the decision-making process with regards to
  considering alternative locations is not all about the rental rate? The
  financial factors impacting the decision must also include:
  - Load factor (if applicable)
  - Concessions
  - Rental rate increases
  - Overtime HVAC costs
  - Primary lease term
  - Tenant improvement allowance
  - Expense recovery structure
  - Parking costs
- Does your existing lease contain any options (i.e. expansion,
  contraction, renewal, right of first refusal, etc.)? If yes, what are the
  specifics of them?

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