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Tucson's Soft Commercial Real Estate Market Offers Tenants Several Options To Save On Occupancy Costs
Date:3/23/2009

size reduction - is extremely risky. Where is the benefit of locking into a lower-cost five-year lease only to discover that you didn't need half of the space two years from now? Conversely, what if you negotiated a space reduction in an extended five year term and realize you actually needed that space two years later? In both cases , chances are that the cost if adjusting your real estate to match your future, unanticipated space needs would negate any cost savings realized now. Remember, even in the most opportunistic circumstances, uncertainty can prove costly. Employing the services of a tenant-representation expert to ensure effective strategic planning is essential to making sound real estate decisions.

With more than 22 years of experience in commercial real estate, Michael Coretz is a principal in ITRA/ Commercial Real Estate Group of Tucson, LLC a leading regional, national and international corporate real estate advisory firm exclusively serving the needs of corporate space users. For more information call 520-299-3400 or visit www.cretucson.com .

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