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This Summer is an Ideal Time for Commercial Real Estate Lease Renewal
Date:7/29/2009

that he has to compete with those options if he wants to keep you in his building. To further put the landlord in a 'hole', your tenant representative can convey to your landlord all of what you dislike about your present building. However, he can also convey that you are willing to stay if the landlord delivers a counter offer commensurate with the alternative locations the tenant rep has explored."

But, why act this summer, and not wait until next year? No one can guess that the current rate of vacancies will continue that long. And here's a final note of hope from Selinger: "A tenant broker can even negotiate the new term to begin upon the signing of the renewal, so the tenant doesn't have to wait for the previous lease to expire."

But it all starts with a market-based strategy developed with a savvy tenant representative . ITRA, comprised of senior brokers who are all tenant representatives, is perfectly situated to help companies take advantage of this summer's commercial real estate market bonanza.. ITRA has been advocating for large and small companies since 1992. Furthermore, ITRA is a global organization offering representation in major markets throughout the world. More information can be found at www.ITRAGlobal.com.

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Read the full story at http://www.prweb.com/releases/2009/07/prweb2629844.htm.


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