Go Ahead. Sign the Lease…
As long as you are 100% certain you are getting the absolute BEST deal, that is.
Picture this…You’re negotiating for a new office space. The landlord has just handed you a 100 page lease document and a pen.
“Go ahead…there’s nothing in your lease you need to worry about,” he says.
If you sign on the dotted line, you could be making a very expensive mistake.
Why? Your lease may be full of “Gotcha’s,” or items that impact the your deal financially. Gotcha’s are the things your landlord doesn’t want you to catch, because it’s in his best interest if you don’t.
But WAIT a minute…your landlord isn’t on your side? The answer to that is, no.
What’s a “Gotcha” got to do with it?
Try this test. Ask anyone in commercial real estate what the financial components of a lease are. They’ll probably be able to name a few like rent, operating expenses and parking.
We’ll show you that there are actually 25 components in a typical commercial lease that will have an economic impact on your deal. Often times, these components are buried in the lease and can easily get missed. Finding and evaluating these 25 components can save you thousands of dollars a year.
That’s why we wrote this FREE ebook, “The 25 Gotcha’s Hiding In Your Lease.” We want tenants to be aware of as many of these items as possible so they aren’t nickeled and dimed into the tens of thousands of dollars.
What’s in the ebook? When you order and read the ebook, you’ll learn:
- That Gotcha’s cost you LOTS of money, and you may not even be aware of them
- Which components in your lease have a financial impact
- How to spot the Gotcha’s in YOUR lease
- Where you could potentially shave significant amounts of money from your lease deal
- Why it’s important to have a tenant representative in YOUR corner, making sure you get the best deal
What you don’t know, can hurt you. It’s our hope that after reading our free ebook, you’ll be armed with enough information that you can better identify the things that get “snuck” into leases.
At Wally & Co., we’ve seen every trick in the book in our 20+ years in commercial real estate. We’ve included 25 of these gotchas into an easy-to-read ebook that is completely free for you to download.
If you need help with lease negotiations, contact us.
Just don’t sign your next lease without first reading this ebook. Sign up below and we’ll send it to you. No strings attached.
Challenge: PNC had approximately 7 years remaining on its 133,000 sf lease at Corporate Woods and needed to expand by 20,000 sf. Coincidentally, there was a vacant floor contiguous to their space, but another user was far along in its pursuit of leasing that space.